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Banca Mediolanum (FRA:ME1) Cyclically Adjusted PS Ratio : 1.71 (As of May. 18, 2024)


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What is Banca Mediolanum Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Banca Mediolanum's current share price is €10.57. Banca Mediolanum's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €6.18. Banca Mediolanum's Cyclically Adjusted PS Ratio for today is 1.71.

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

FRA:ME1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.92   Max: 1.73
Current: 1.73

During the past years, Banca Mediolanum's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.47. And the median was 0.92.

FRA:ME1's Cyclically Adjusted PS Ratio is ranked better than
68.79% of 1195 companies
in the Banks industry
Industry Median: 2.4 vs FRA:ME1: 1.73

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.

Banca Mediolanum's adjusted revenue per share data for the three months ended in Sep. 2023 was €0.632. 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 €6.18 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banca Mediolanum Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Banca Mediolanum'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.

Banca Mediolanum Cyclically Adjusted PS Ratio Chart

Banca Mediolanum 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 0.98 0.92 1.16 1.14 -

Banca Mediolanum 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 1.14 1.28 1.29 1.30 -

Competitive Comparison of Banca Mediolanum's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Banca Mediolanum'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.


Banca Mediolanum's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banca Mediolanum's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Banca Mediolanum 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.

Banca Mediolanum's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.57/6.18
=1.71

* 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.

Banca Mediolanum's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Banca Mediolanum's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.632/120.3000*120.3000
=0.632

Current CPI (Sep. 2023) = 120.3000.

Banca Mediolanum Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 2.463 99.721 2.971
201403 1.773 99.907 2.135
201406 2.262 100.093 2.719
201409 1.836 99.814 2.213
201412 2.152 99.721 2.596
201503 3.369 99.814 4.060
201506 0.715 100.279 0.858
201509 -0.312 100.000 -0.375
201512 2.393 99.814 2.884
201603 0.427 99.600 0.516
201606 1.067 99.900 1.285
201609 1.433 100.100 1.722
201612 1.966 100.300 2.358
201703 1.259 101.000 1.500
201706 0.606 101.100 0.721
201709 1.126 101.200 1.339
201712 1.551 101.200 1.844
201803 0.305 101.800 0.360
201806 1.778 102.400 2.089
201809 1.414 102.600 1.658
201812 -0.666 102.300 -0.783
201903 2.510 102.800 2.937
201906 1.434 103.100 1.673
201909 1.532 102.900 1.791
201912 2.362 102.800 2.764
202003 0.331 102.900 0.387
202006 0.367 102.900 0.429
202009 0.395 102.300 0.465
202012 3.112 102.600 3.649
202103 0.469 103.700 0.544
202106 0.488 104.200 0.563
202109 4.609 104.900 5.286
202112 3.117 106.600 3.518
202203 0.440 110.400 0.479
202206 0.439 112.500 0.469
202209 0.468 114.200 0.493
202212 0.623 119.000 0.630
202303 0.565 118.800 0.572
202306 0.609 119.700 0.612
202309 0.632 120.300 0.632

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.


Banca Mediolanum  (FRA:ME1) 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.


Banca Mediolanum Cyclically Adjusted PS Ratio Related Terms

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


Banca Mediolanum (FRA:ME1) Business Description

Industry
Traded in Other Exchanges
Address
Palazzo Meucci, Via Francesco Sforza, 15, Basiglio, ITA, 20080
Banca Mediolanum is an Italy-based company which provides banking and financial services. It operates with various segments namely Lending which includes Retail and Commercial Banking, Treasury activities which has trading and sales, Asset Management and Retail Brokerage. The company offers current accounts, mortgages and loan products; credit, debit, and rechargeable cards and investment products. Geographically, it operates the market of Italy, Spain, and Germany of which Italy accounts for a larger share of revenue.

Banca Mediolanum (FRA:ME1) Headlines

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