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Credit Suisse Group AG (LTS:0QP5) Cyclically Adjusted PS Ratio : (As of May. 14, 2024)


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What is Credit Suisse Group AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Suisse Group AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Credit Suisse 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.

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Credit Suisse Group AG Cyclically Adjusted PS Ratio Chart

Credit Suisse Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
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Credit Suisse Group AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Credit Suisse Group AG's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Credit Suisse 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.


Credit Suisse Group AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Suisse Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Credit Suisse 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.

Credit Suisse Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Credit Suisse Group AG's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=0.969/104.6662*104.6662
=0.969

Current CPI (Dec. 2022) = 104.6662.

Credit Suisse Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 4.234 101.221 4.378
201306 3.600 101.466 3.714
201309 2.885 101.336 2.980
201312 3.080 101.036 3.191
201403 3.474 101.224 3.592
201406 3.325 101.517 3.428
201409 3.357 101.247 3.470
201412 2.971 100.704 3.088
201503 3.331 100.339 3.475
201506 3.408 100.464 3.551
201509 2.898 99.785 3.040
201512 1.880 99.386 1.980
201603 1.897 99.475 1.996
201606 2.068 100.088 2.163
201609 1.843 99.604 1.937
201612 1.979 99.380 2.084
201703 2.131 100.040 2.230
201706 1.800 100.285 1.879
201709 1.648 100.254 1.721
201712 1.745 100.213 1.823
201803 1.831 100.836 1.901
201806 1.877 101.435 1.937
201809 1.633 101.246 1.688
201812 1.596 100.906 1.655
201903 1.789 101.571 1.844
201906 1.843 102.044 1.890
201909 1.824 101.396 1.883
201912 2.033 101.063 2.105
202003 2.034 101.048 2.107
202006 2.198 100.743 2.284
202009 1.818 100.585 1.892
202012 1.963 100.241 2.050
202103 1.021 100.800 1.060
202106 1.621 101.352 1.674
202109 2.068 101.533 2.132
202112 1.615 101.776 1.661
202203 1.591 103.205 1.614
202206 1.255 104.783 1.254
202209 1.251 104.835 1.249
202212 0.969 104.666 0.969

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.


Credit Suisse Group AG  (LTS:0QP5) 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.


Credit Suisse Group AG Cyclically Adjusted PS Ratio Related Terms

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Credit Suisse Group AG (LTS:0QP5) Business Description

Traded in Other Exchanges
N/A
Address
Paradeplatz 8, Zurich, CHE, 8001
Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific.

Credit Suisse Group AG (LTS:0QP5) Headlines

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