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Tradegate AG Wertpapierhandelsbank (FRA:T2G) Cyclically Adjusted PS Ratio : 13.14 (As of Jul. 07, 2025)


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What is Tradegate AG Wertpapierhandelsbank Cyclically Adjusted PS Ratio?

As of today (2025-07-07), Tradegate AG Wertpapierhandelsbank's current share price is €87.50. Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 was €6.66. Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio for today is 13.14.

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

FRA:T2G' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 11.41   Med: 19.81   Max: 47.4
Current: 13.14

During the past 13 years, Tradegate AG Wertpapierhandelsbank's highest Cyclically Adjusted PS Ratio was 47.40. The lowest was 11.41. And the median was 19.81.

FRA:T2G's Cyclically Adjusted PS Ratio is ranked worse than
83.19% of 583 companies
in the Capital Markets industry
Industry Median: 3.64 vs FRA:T2G: 13.14

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.

Tradegate AG Wertpapierhandelsbank's adjusted revenue per share data of for the fiscal year that ended in Dec24 was €6.655. 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 €6.66 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tradegate AG Wertpapierhandelsbank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tradegate AG Wertpapierhandelsbank'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.

Tradegate AG Wertpapierhandelsbank Cyclically Adjusted PS Ratio Chart

Tradegate AG Wertpapierhandelsbank Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.37 26.31 19.89 18.12 13.29

Tradegate AG Wertpapierhandelsbank Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 19.89 - 18.12 - 13.29

Competitive Comparison of Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Tradegate AG Wertpapierhandelsbank'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.


Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Tradegate AG Wertpapierhandelsbank 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.50/6.66
=13.14

* 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.

Tradegate AG Wertpapierhandelsbank's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Tradegate AG Wertpapierhandelsbank's adjusted Revenue per Share data for the fiscal year that ended in Dec24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=6.655/127.0412*127.0412
=6.655

Current CPI (Dec24) = 127.0412.

Tradegate AG Wertpapierhandelsbank Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201512 2.324 99.717 2.961
201612 2.604 101.217 3.268
201712 3.233 102.617 4.002
201812 3.212 104.217 3.915
201912 3.164 105.818 3.799
202012 13.010 105.518 15.664
202112 12.073 110.384 13.895
202212 6.959 119.345 7.408
202312 4.877 123.773 5.006
202412 6.655 127.041 6.655

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.


Tradegate AG Wertpapierhandelsbank  (FRA:T2G) 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.


Tradegate AG Wertpapierhandelsbank Cyclically Adjusted PS Ratio Related Terms

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


Tradegate AG Wertpapierhandelsbank Business Description

Traded in Other Exchanges
Address
Kurfurstendamm 119, Berlin, BB, DEU, 10711
Tradegate AG Wertpapierhandelsbank is a Germany-based company. It is engaged in providing banking and financial services. In addition to retail banking, the company focuses on the trading of several domestic and foreign securities on the Tradegate Exchange, and the Frankfurt and Berlin stock exchanges. The company's main business activity consists of market specialist activities and market making; it acts as a Market Specialist on the Tradegate Exchange and the Frankfurt Stock Exchange and as an order book manager on the Berlin Stock Exchange. It extends its services to the securities listing on the stock exchanges in Munich, Stuttgart, Hamburg, Hanover, and Dusseldorf.

Tradegate AG Wertpapierhandelsbank Headlines

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