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Adecco Group AG (LSE:0N34) Cyclically Adjusted PS Ratio : (As of Jun. 21, 2024)


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What is Adecco Group AG 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


Adecco Group AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adecco Group 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.

Adecco Group AG Cyclically Adjusted PS Ratio Chart

Adecco Group AG 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 0.43 0.42 0.32 0.20 0.27

Adecco Group AG 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 0.22 0.19 0.25 0.27 0.23

Competitive Comparison of Adecco Group AG's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Adecco Group 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.


Adecco Group AG's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Adecco Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Adecco Group 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.

Adecco Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Adecco Group AG'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)
=29.991/107.3549*107.3549
=29.991

Current CPI (Mar. 2024) = 107.3549.

Adecco Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 32.967 101.517 34.863
201409 34.004 101.247 36.055
201412 33.782 100.704 36.013
201503 29.274 100.339 31.321
201506 31.716 100.464 33.892
201509 33.630 99.785 36.181
201512 33.394 99.386 36.071
201603 31.640 99.475 34.146
201606 33.700 100.088 36.147
201609 34.473 99.604 37.156
201612 34.277 99.380 37.028
201703 33.335 100.040 35.772
201706 35.282 100.285 37.769
201709 36.768 100.254 39.372
201712 38.426 100.213 41.165
201803 36.137 100.836 38.473
201806 38.016 101.435 40.235
201809 36.795 101.246 39.015
201812 37.552 100.906 39.952
201903 34.661 101.571 36.635
201906 35.914 102.044 37.783
201909 34.948 101.396 37.002
201912 35.347 101.063 37.548
202003 29.586 101.048 31.433
202006 24.327 100.743 25.924
202009 28.299 100.585 30.204
202012 31.733 100.241 33.985
202103 29.885 100.800 31.828
202106 31.264 101.352 33.116
202109 30.780 101.533 32.545
202112 31.059 101.776 32.762
202203 30.276 103.205 31.493
202206 33.076 104.783 33.888
202209 31.634 104.835 32.394
202212 33.296 104.666 34.151
202303 31.710 106.245 32.041
202306 31.779 106.576 32.011
202309 31.068 106.570 31.297
202312 31.291 106.461 31.554
202403 29.991 107.355 29.991

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.


Adecco Group AG  (LSE:0N34) 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.


Adecco Group AG Cyclically Adjusted PS Ratio Related Terms

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Adecco Group AG (LSE:0N34) Business Description

Address
Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group AG is a provider of human capital solutions including Flexible placement, Permanent placement, Career Transition, Outsourcing, Consulting Services in engineering, Digital and IT, Talent services, Training, Up/ Re-skilling and Other services. It is organised into three business units Adecco, Akkodis and LHH. The company provides services to businesses and organisations located throughout Europe, North America, Asia Pacific, South America, and North Africa.

Adecco Group AG (LSE:0N34) Headlines

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