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transtec AG (FRA:TTC) Cyclically Adjusted PS Ratio : (As of Jun. 21, 2024)


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What is transtec AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


transtec AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for transtec 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.

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transtec AG Cyclically Adjusted PS Ratio Chart

transtec AG Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PS Ratio
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transtec AG Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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Competitive Comparison of transtec AG's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, transtec 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.


transtec AG's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, transtec AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



transtec 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.

transtec AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec15 is calculated as:

For example, transtec AG's adjusted Revenue per Share data for the fiscal year that ended in Dec15 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec15 (Change)*Current CPI (Dec15)
=9.469/99.7166*99.7166
=9.469

Current CPI (Dec15) = 99.7166.

transtec AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200612 18.093 88.348 20.421
200712 17.059 91.146 18.663
200812 15.109 92.173 16.346
200912 10.602 92.919 11.378
201012 11.807 94.132 12.508
201112 12.344 95.998 12.822
201212 11.892 97.957 12.106
201312 11.313 99.356 11.354
201412 11.214 99.543 11.234
201512 9.469 99.717 9.469

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.


transtec AG  (FRA:TTC) 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.


transtec AG Cyclically Adjusted PS Ratio Related Terms

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transtec AG (FRA:TTC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Waldhoernlestr 18, Tuebingen, DEU, D-72072
transtec AG is engaged in the development, production, and distribution of data processing systems in Europe. The Company provides servers, systems, storage products, and cluster and SAN-solutions.