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Terna Energy (LTS:0OJX) Cyclically Adjusted PS Ratio : 6.12 (As of Jun. 06, 2024)


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What is Terna Energy Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Terna Energy's current share price is €7.34. Terna Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €1.20. Terna Energy's Cyclically Adjusted PS Ratio for today is 6.12.

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

LTS:0OJX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.2   Med: 4.92   Max: 9.71
Current: 6.99

During the past 13 years, Terna Energy's highest Cyclically Adjusted PS Ratio was 9.71. The lowest was 2.20. And the median was 4.92.

LTS:0OJX's Cyclically Adjusted PS Ratio is ranked worse than
88.55% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.88 vs LTS:0OJX: 6.99

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.

Terna Energy's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €2.802. 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 €1.20 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Terna Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Terna Energy'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.

Terna Energy Cyclically Adjusted PS Ratio Chart

Terna Energy 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 4.50 7.20 6.48 8.54 6.11

Terna Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.48 - 8.54 - 6.11

Competitive Comparison of Terna Energy's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Terna Energy'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.


Terna Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Terna Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Terna Energy 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.

Terna Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.34/1.2
=6.12

* 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.

Terna Energy's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Terna Energy's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.802/116.3641*116.3641
=2.802

Current CPI (Dec23) = 116.3641.

Terna Energy Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.459 100.254 1.693
201512 1.861 100.087 2.164
201612 2.141 100.110 2.489
201712 2.641 100.762 3.050
201812 2.594 101.330 2.979
201912 2.664 102.120 3.036
202012 2.213 99.751 2.582
202112 2.361 104.853 2.620
202212 2.537 112.428 2.626
202312 2.802 116.364 2.802

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.


Terna Energy  (LTS:0OJX) 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.


Terna Energy Cyclically Adjusted PS Ratio Related Terms

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


Terna Energy (LTS:0OJX) Business Description

Traded in Other Exchanges
Address
85 Mesogeion Avenue, Athens, GRC, 115 26
Terna Energy SA is a Greece based company mainly engaged in the energy and construction sector. It operates through the following segments: The Construction segment refers to the development of wind farms and other units for electricity production from renewable energy sources; The Electricity from Renewable Sources of Energy segment mainly concerns the production of electricity through wind energy; The Concessions Segment concerns the construction and operation of infrastructure and public sector projects in exchange for the long-term operation of the above projects through the provision of services to the public. The majority is from the Electricity from Renewable Sources of Energy segment. Geographically, the key revenue is from Greece.

Terna Energy (LTS:0OJX) Headlines

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