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Synex Renewable Energy (FRA:V5X) Cyclically Adjusted PS Ratio : 1.75 (As of Jun. 23, 2024)


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What is Synex Renewable Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Synex Renewable Energy's current share price is €1.33. Synex Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.76. Synex Renewable Energy's Cyclically Adjusted PS Ratio for today is 1.75.

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

FRA:V5X' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 2.69   Max: 4.17
Current: 1.74

During the past years, Synex Renewable Energy's highest Cyclically Adjusted PS Ratio was 4.17. The lowest was 1.22. And the median was 2.69.

FRA:V5X's Cyclically Adjusted PS Ratio is ranked better than
50.19% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.79 vs FRA:V5X: 1.74

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.

Synex Renewable Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.140. 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 €0.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synex Renewable Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Synex Renewable Energy'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.

Synex Renewable Energy Cyclically Adjusted PS Ratio Chart

Synex Renewable Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 2.01 2.25 2.27 1.54

Synex Renewable Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.49 1.54 1.47 1.78 1.71

Competitive Comparison of Synex Renewable Energy's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Synex Renewable Energy'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.


Synex Renewable Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Synex Renewable Energy's Cyclically Adjusted PS Ratio falls into.



Synex Renewable Energy 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.

Synex Renewable Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.33/0.76
=1.75

* 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.

Synex Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Synex Renewable Energy's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.14/126.2576*126.2576
=0.140

Current CPI (Mar. 2024) = 126.2576.

Synex Renewable Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.314 99.473 0.399
201409 0.147 99.394 0.187
201412 0.348 98.367 0.447
201503 0.315 99.789 0.399
201506 0.175 100.500 0.220
201509 0.119 100.421 0.150
201512 0.225 99.947 0.284
201603 0.308 101.054 0.385
201606 0.161 102.002 0.199
201609 0.110 101.765 0.136
201612 0.257 101.449 0.320
201703 0.224 102.634 0.276
201706 0.274 103.029 0.336
201709 0.061 103.345 0.075
201712 0.194 103.345 0.237
201803 0.178 105.004 0.214
201806 0.171 105.557 0.205
201809 0.070 105.636 0.084
201812 0.189 105.399 0.226
201903 0.135 106.979 0.159
201906 0.100 107.690 0.117
201909 0.077 107.611 0.090
201912 0.163 107.769 0.191
202003 0.176 107.927 0.206
202006 0.146 108.401 0.170
202009 0.054 108.164 0.063
202012 0.193 108.559 0.224
202103 0.176 110.298 0.201
202106 0.176 111.720 0.199
202109 0.044 112.905 0.049
202112 0.210 113.774 0.233
202203 0.159 117.646 0.171
202206 0.184 120.806 0.192
202209 0.031 120.648 0.032
202212 0.080 120.964 0.084
202303 0.145 122.702 0.149
202306 0.125 124.203 0.127
202309 0.024 125.230 0.024
202312 0.148 125.072 0.149
202403 0.140 126.258 0.140

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.


Synex Renewable Energy  (FRA:V5X) 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.


Synex Renewable Energy Cyclically Adjusted PS Ratio Related Terms

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


Synex Renewable Energy (FRA:V5X) Business Description

Traded in Other Exchanges
Address
4248 Broughton Avenue, Niagara Falls, ON, CAN, L2E 0A4
Synex Renewable Energy Corp is engaged in the development, ownership, and operation of electric power facilities and the provision of consulting engineering and environmental services in water resources, particularly hydroelectric facilities. Its projects include Barr Creek Hydro Plant, Mears Creek Hydro Project, Cypress Creek Hydro Project, and Sea Breeze products among others.

Synex Renewable Energy (FRA:V5X) Headlines

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