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Acinque SpA (FRA:YA2) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)


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What is Acinque SpA Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acinque SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Acinque SpA'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.

Acinque SpA Cyclically Adjusted PS Ratio Chart

Acinque SpA 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 0.70 0.84 0.90 0.68 0.69

Acinque SpA 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 0.68 0.67 0.66 0.63 0.69

Competitive Comparison of Acinque SpA's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, Acinque SpA'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.


Acinque SpA's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Acinque SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Acinque SpA 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.

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

For example, Acinque SpA'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)
=0.925/119.7000*119.7000
=0.925

Current CPI (Dec. 2023) = 119.7000.

Acinque SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.032 99.907 1.236
201406 0.464 100.093 0.555
201409 0.371 99.814 0.445
201412 0.847 99.721 1.017
201503 1.067 99.814 1.280
201506 0.525 100.279 0.627
201509 0.353 100.000 0.423
201512 0.900 99.814 1.079
201603 0.936 99.600 1.125
201606 0.442 99.900 0.530
201609 0.342 100.100 0.409
201612 0.939 100.300 1.121
201703 0.913 101.000 1.082
201706 0.454 101.100 0.538
201709 0.246 101.200 0.291
201712 0.752 101.200 0.889
201803 0.909 101.800 1.069
201806 0.412 102.400 0.482
201809 0.804 102.600 0.938
201812 0.625 102.300 0.731
201903 0.704 102.800 0.820
201906 0.453 103.100 0.526
201909 0.299 102.900 0.348
201912 0.601 102.800 0.700
202003 0.627 102.900 0.729
202006 0.314 102.900 0.365
202009 0.307 102.300 0.359
202012 0.600 102.600 0.700
202103 0.605 103.700 0.698
202106 0.382 104.200 0.439
202109 0.356 104.900 0.406
202112 0.934 106.600 1.049
202203 1.059 110.400 1.148
202206 0.610 112.500 0.649
202209 0.494 114.200 0.518
202212 1.140 119.000 1.147
202303 1.113 118.800 1.121
202306 0.572 119.700 0.572
202309 0.453 120.300 0.451
202312 0.925 119.700 0.925

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.


Acinque SpA  (FRA:YA2) 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.


Acinque SpA Cyclically Adjusted PS Ratio Related Terms

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


Acinque SpA (FRA:YA2) Business Description

Traded in Other Exchanges
Address
Via Pietro Stazzi, 2, Como, ITA, 22100
Acinque SpA is an Italy-based company, engaged in public utility services. It operates in four sectors namely water, electricity and gas distribution, electricity and gas sales, urban hygiene and waste-to-energy and technologies, district heating, efficiency and smart city.

Acinque SpA (FRA:YA2) Headlines

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