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CeoTronics AG (HAM:CEK) Cyclically Adjusted PS Ratio : 1.74 (As of May. 20, 2024)


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What is CeoTronics AG Cyclically Adjusted PS Ratio?

As of today (2024-05-20), CeoTronics AG's current share price is €6.45. CeoTronics AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May23 was €3.71. CeoTronics AG's Cyclically Adjusted PS Ratio for today is 1.74.

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

HAM:CEK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.87   Max: 2.2
Current: 1.73

During the past 13 years, CeoTronics AG's highest Cyclically Adjusted PS Ratio was 2.20. The lowest was 0.36. And the median was 0.87.

HAM:CEK's Cyclically Adjusted PS Ratio is ranked worse than
65.18% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs HAM:CEK: 1.73

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.

CeoTronics AG's adjusted revenue per share data of for the fiscal year that ended in May23 was €4.520. 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 €3.71 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


CeoTronics AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CeoTronics 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.

* Premium members only.

CeoTronics AG Cyclically Adjusted PS Ratio Chart

CeoTronics AG Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.84 1.20 1.48 1.09

CeoTronics AG Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 1.48 - 1.09 -

Competitive Comparison of CeoTronics AG's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, CeoTronics 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.


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

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

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



CeoTronics 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.45/3.71
=1.74

* 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.

CeoTronics AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in May23 is calculated as:

For example, CeoTronics AG's adjusted Revenue per Share data for the fiscal year that ended in May23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May23 (Change)*Current CPI (May23)
=4.52/122.8241*122.8241
=4.520

Current CPI (May23) = 122.8241.

CeoTronics AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201405 2.644 99.263 3.272
201505 2.713 100.417 3.318
201605 2.611 100.617 3.187
201705 2.977 101.817 3.591
201805 2.497 103.917 2.951
201905 2.660 105.418 3.099
202005 3.746 106.018 4.340
202105 4.049 108.170 4.598
202205 4.416 115.760 4.685
202305 4.520 122.824 4.520

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.


CeoTronics AG  (HAM:CEK) 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.


CeoTronics AG Cyclically Adjusted PS Ratio Related Terms

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


CeoTronics AG (HAM:CEK) Business Description

Industry
Traded in Other Exchanges
Address
Ceotronics AG, Adam-opel-strac E 6, Rödermark, DEU, 63322
CeoTronics AG is a provider of short-range mobile digital wireless radio networks and communication headsets and systems for professional use.

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