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Encavis AG (FRA:ECV) Cyclically Adjusted PS Ratio : 7.47 (As of May. 16, 2024)


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What is Encavis AG Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Encavis AG's current share price is €16.95. Encavis AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €2.27. Encavis AG's Cyclically Adjusted PS Ratio for today is 7.47.

The historical rank and industry rank for Encavis AG's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:ECV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.69   Med: 8.33   Max: 15.65
Current: 7.37

During the past years, Encavis AG's highest Cyclically Adjusted PS Ratio was 15.65. The lowest was 4.69. And the median was 8.33.

FRA:ECV's Cyclically Adjusted PS Ratio is ranked worse than
89.66% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.86 vs FRA:ECV: 7.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Encavis AG's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.642. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €2.27 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Encavis AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Encavis AG's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Encavis AG Cyclically Adjusted PS Ratio Chart

Encavis AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.05 13.26 8.89 8.94 6.78

Encavis AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.94 7.29 6.77 5.88 6.78

Competitive Comparison of Encavis AG's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Encavis AG's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Encavis AG's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Encavis AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Encavis AG's Cyclically Adjusted PS Ratio falls into.



Encavis AG Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Encavis AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.95/2.27
=7.47

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Encavis AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Encavis AG's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.642/123.7729*123.7729
=0.642

Current CPI (Dec. 2023) = 123.7729.

Encavis AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.175 99.543 0.218
201406 0.378 99.543 0.470
201409 0.335 99.823 0.415
201412 0.153 99.543 0.190
201503 0.238 99.717 0.295
201506 0.471 100.417 0.581
201509 0.565 100.417 0.696
201512 0.243 99.717 0.302
201603 0.296 100.017 0.366
201606 0.524 100.717 0.644
201609 0.515 101.017 0.631
201612 0.288 101.217 0.352
201703 0.332 101.417 0.405
201706 0.564 102.117 0.684
201709 0.515 102.717 0.621
201712 0.332 102.617 0.400
201803 0.358 102.917 0.431
201806 0.595 104.017 0.708
201809 0.604 104.718 0.714
201812 0.370 104.217 0.439
201903 0.459 104.217 0.545
201906 0.650 105.718 0.761
201909 0.604 106.018 0.705
201912 0.380 105.818 0.444
202003 0.476 105.718 0.557
202006 0.652 106.618 0.757
202009 0.574 105.818 0.671
202012 0.419 105.518 0.491
202103 0.426 107.518 0.490
202106 0.746 108.486 0.851
202109 0.690 109.435 0.780
202112 0.446 110.384 0.500
202203 0.621 113.968 0.674
202206 0.812 115.760 0.868
202209 0.752 118.818 0.783
202212 0.688 119.345 0.714
202303 0.653 122.402 0.660
202306 0.818 123.140 0.822
202309 0.750 124.195 0.747
202312 0.642 123.773 0.642

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Encavis AG  (FRA:ECV) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Encavis AG Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Encavis AG's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Encavis AG (FRA:ECV) Business Description

Traded in Other Exchanges
Address
Grosse Elbstrasse 59, Hamburg, DEU, 22767
Encavis AG is an independent solar park operator. Principally, it is engaged in the business of acquisition and operation of solar parks and onshore wind parks. Its operating segments are Photovoltaic Parks, Photovoltaic Service, Wind Parks, Asset Management, and Administration, of which the majority of its revenue comes from the Photovoltaic Parks segment. The Photovoltaic Parks segment comprised more than 169 solar parks with a total generation capacity of more than 1.3 GW, with parks located in different countries. Its geographical segments are Denmark, Germany, France, United Kingdom, Ireland, Finland, Italy, Netherlands, Austria, France, Sweden, and Spain.

Encavis AG (FRA:ECV) Headlines

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