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M&C (LSE:0F5V) Cyclically Adjusted PS Ratio : (As of Jun. 19, 2024)


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What is M&C 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


M&C Cyclically Adjusted PS Ratio Historical Data

The historical data trend for M&C'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.

M&C Cyclically Adjusted PS Ratio Chart

M&C Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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M&C Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18 Sep18 Dec18 Jun19 Sep19
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Competitive Comparison of M&C's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, M&C'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.


M&C's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M&C's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where M&C's Cyclically Adjusted PS Ratio falls into.



M&C 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.

M&C's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, M&C's adjusted Revenue per Share data for the three months ended in Sep. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.001/102.9000*102.9000
=0.001

Current CPI (Sep. 2019) = 102.9000.

M&C Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 0.008 91.227 0.009
200909 0.006 91.759 0.007
200912 0.000 92.025 0.000
201003 0.000 92.491 0.000
201006 0.028 92.890 0.031
201009 0.000 93.223 0.000
201012 0.000 93.755 0.000
201103 0.000 94.791 0.000
201106 0.000 95.442 0.000
201109 0.000 96.000 0.000
201112 0.001 96.837 0.001
201203 0.001 97.954 0.001
201206 0.000 98.605 0.000
201209 0.001 99.070 0.001
201212 0.000 99.070 0.000
201303 0.001 99.535 0.001
201306 0.000 99.814 0.000
201309 0.001 100.000 0.001
201312 0.000 99.721 0.000
201403 0.001 99.907 0.001
201406 0.000 100.093 0.000
201409 0.001 99.814 0.001
201412 0.000 99.721 0.000
201503 0.001 99.814 0.001
201506 0.000 100.279 0.000
201509 0.001 100.000 0.001
201512 -0.003 99.814 -0.003
201603 0.001 99.600 0.001
201606 0.002 99.900 0.002
201609 0.002 100.100 0.002
201612 -0.004 100.300 -0.004
201703 0.002 101.000 0.002
201706 0.374 101.100 0.381
201709 0.000 101.200 0.000
201712 -0.001 101.200 -0.001
201806 0.000 102.400 0.000
201809 0.002 102.600 0.002
201812 -0.001 102.300 -0.001
201906 0.000 103.100 0.000
201909 0.001 102.900 0.001

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.


M&C  (LSE:0F5V) 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.


M&C Cyclically Adjusted PS Ratio Related Terms

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


M&C (LSE:0F5V) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Bastions of Porta Nuova 21, Milan, ITA, 20121
M&C SpA is a private investment company, investing in the equity capital of companies operating in the industrial, financial, real estate, commercial and service sectors. The activities carried out by the company includes direct and indirect acquisition of investments in other companies or entities, granting of loans in any form to joint-stock companies, purchase, sale, subscription and placement of shares, bonds, units of collective investment schemes and any other financial instrument, and supply of administrative and commercial services in general, of technical, commercial and industrial assistance to the investee companies.

M&C (LSE:0F5V) Headlines

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