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Athena Investments A/S (Athena Investments A/S) Cyclically Adjusted PS Ratio : (As of May. 19, 2024)


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What is Athena Investments A/S 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


Athena Investments A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Athena Investments A/S'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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Athena Investments A/S Cyclically Adjusted PS Ratio Chart

Athena Investments A/S Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PS Ratio
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Athena Investments A/S Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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Competitive Comparison of Athena Investments A/S's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Athena Investments A/S'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.


Athena Investments A/S's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Athena Investments A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Athena Investments A/S's Cyclically Adjusted PS Ratio falls into.



Athena Investments A/S 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.

Athena Investments A/S's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec19 is calculated as:

For example, Athena Investments A/S's adjusted Revenue per Share data for the fiscal year that ended in Dec19 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=0.004/102.9000*102.9000
=0.004

Current CPI (Dec19) = 102.9000.

Athena Investments A/S Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201012 0.567 94.000 0.621
201112 0.635 96.300 0.679
201212 0.775 98.300 0.811
201312 0.798 99.000 0.829
201412 0.618 99.400 0.640
201512 0.509 99.800 0.525
201612 0.485 100.300 0.498
201712 0.659 101.300 0.669
201812 0.003 102.100 0.003
201912 0.004 102.900 0.004

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.


Athena Investments A/S  (GREY:GRTSF) 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.


Athena Investments A/S Cyclically Adjusted PS Ratio Related Terms

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Athena Investments A/S (Athena Investments A/S) Business Description

Traded in Other Exchanges
N/A
Address
Harbour House, Sundkrogsgade 21, Copenhagen, DNK, 2100
Athena Investments A/S is a Denmark based investment holding company. The company's activities include the operation of renewable energy plants and are focused on two technologies: Wind power and Solar power. Geographically, it is located throughout Italy, Spain, Denmark, Germany, and Poland. The vast majority of its revenue flows from wind power technology through the Italy region. The company has discontinued its current operations and looking for new business opportunities.

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