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Assa Abloy AB (MEX:0R87) Cyclically Adjusted PS Ratio : 2.85 (As of Jun. 22, 2024)


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What is Assa Abloy AB Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Assa Abloy AB's current share price is MXN480.31. Assa Abloy AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN168.41. Assa Abloy AB's Cyclically Adjusted PS Ratio for today is 2.85.

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

MEX:0R87' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.95   Med: 3.51   Max: 4.36
Current: 2.48

During the past years, Assa Abloy AB's highest Cyclically Adjusted PS Ratio was 4.36. The lowest was 1.95. And the median was 3.51.

MEX:0R87's Cyclically Adjusted PS Ratio is ranked worse than
78.54% of 699 companies
in the Business Services industry
Industry Median: 0.87 vs MEX:0R87: 2.48

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.

Assa Abloy AB's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN50.515. 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 MXN168.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Assa Abloy AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Assa Abloy AB'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.

Assa Abloy AB Cyclically Adjusted PS Ratio Chart

Assa Abloy AB 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 3.70 3.17 3.05 2.07 2.42

Assa Abloy AB 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 2.25 2.27 2.04 2.42 2.52

Competitive Comparison of Assa Abloy AB's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, Assa Abloy AB'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.


Assa Abloy AB's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Assa Abloy AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Assa Abloy AB's Cyclically Adjusted PS Ratio falls into.



Assa Abloy AB 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.

Assa Abloy AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=480.31/168.41
=2.85

* 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.

Assa Abloy AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Assa Abloy AB'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)
=50.515/132.2054*132.2054
=50.515

Current CPI (Mar. 2024) = 132.2054.

Assa Abloy AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 24.368 100.432 32.077
201409 24.894 100.161 32.858
201412 27.584 100.225 36.386
201503 24.498 99.950 32.404
201506 29.198 99.995 38.603
201509 31.713 100.228 41.831
201512 33.352 100.276 43.972
201603 29.531 100.751 38.750
201606 35.798 101.019 46.849
201609 36.772 101.138 48.068
201612 39.279 102.022 50.900
201703 34.497 102.022 44.703
201706 36.356 102.752 46.777
201709 37.768 103.279 48.346
201712 42.365 103.793 53.962
201803 36.818 103.962 46.820
201806 42.481 104.875 53.552
201809 39.988 105.679 50.025
201812 45.349 105.912 56.607
201903 40.412 105.886 50.457
201906 43.275 106.742 53.599
201909 44.050 107.214 54.318
201912 44.907 107.766 55.091
202003 47.549 106.563 58.991
202006 44.533 107.498 54.769
202009 49.914 107.635 61.308
202012 49.934 108.296 60.959
202103 46.970 108.360 57.306
202106 50.472 108.928 61.258
202109 513.863 110.338 615.702
202112 52.157 112.486 61.300
202203 49.832 114.825 57.375
202206 53.209 118.384 59.421
202209 52.816 122.296 57.095
202212 55.654 126.365 58.226
202303 50.172 127.042 52.211
202306 49.445 129.407 50.514
202309 52.176 130.224 52.970
202312 55.062 131.912 55.185
202403 50.515 132.205 50.515

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.


Assa Abloy AB  (MEX:0R87) 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.


Assa Abloy AB Cyclically Adjusted PS Ratio Related Terms

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Assa Abloy AB (MEX:0R87) Business Description

Address
Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23
Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Three quarters of its revenue comes from government, commercial, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.

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