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Credito Valtellinese SpA (LTS:0MIL) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


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What is Credito Valtellinese 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


Credito Valtellinese SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Credito Valtellinese 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.

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Credito Valtellinese SpA Cyclically Adjusted PS Ratio Chart

Credito Valtellinese SpA Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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Credito Valtellinese SpA Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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Competitive Comparison of Credito Valtellinese SpA's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Credito Valtellinese 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.


Credito Valtellinese SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credito Valtellinese SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Credito Valtellinese 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.

Credito Valtellinese SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Credito Valtellinese SpA's adjusted Revenue per Share data for the fiscal year that ended in Dec21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=7.965/106.6000*106.6000
=7.965

Current CPI (Dec21) = 106.6000.

Credito Valtellinese SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201212 235.249 99.070 253.130
201312 189.756 99.721 202.846
201412 174.221 99.721 186.239
201512 117.568 99.814 125.561
201612 95.967 100.300 101.995
201712 76.671 101.200 80.762
201812 11.591 102.300 12.078
201912 9.907 102.800 10.273
202012 9.772 102.600 10.153
202112 7.965 106.600 7.965

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.


Credito Valtellinese SpA  (LTS:0MIL) 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.


Credito Valtellinese SpA Cyclically Adjusted PS Ratio Related Terms

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Credito Valtellinese SpA (LTS:0MIL) Business Description

Traded in Other Exchanges
N/A
Address
Piazza Quadrivio 8, Sondrio, ITA, 23100
Credito Valtellinese SpA is a banking group operating in certain regions of Italy, Lombardia. The bank's customers include households, small to midsize enterprises, artisans, and professionals. Its network model assigns portions of its market to various retail territorial banks, and provides them with ongoing support through specialized finance and special-purpose companies, mostly through insurance services. The majority of the bank's net revenue comprises net interest income, followed by net fee and commission income. The bank's earning assets are mostly loans and receivables due from customers.

Credito Valtellinese SpA (LTS:0MIL) Headlines

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