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Credit Agricole (MEX:ACAF) Cyclically Adjusted PS Ratio : 2.08 (As of Jun. 24, 2024)


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What is Credit Agricole Cyclically Adjusted PS Ratio?

As of today (2024-06-24), Credit Agricole's current share price is MXN281.95. Credit Agricole's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN135.25. Credit Agricole's Cyclically Adjusted PS Ratio for today is 2.08.

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

MEX:ACAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.48   Max: 2.04
Current: 1.68

During the past years, Credit Agricole's highest Cyclically Adjusted PS Ratio was 2.04. The lowest was 0.77. And the median was 1.48.

MEX:ACAF's Cyclically Adjusted PS Ratio is ranked better than
68.22% of 1202 companies
in the Banks industry
Industry Median: 2.33 vs MEX:ACAF: 1.68

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.

Credit Agricole's adjusted revenue per share data for the three months ended in Mar. 2024 was MXN40.645. 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 MXN135.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Agricole Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Credit Agricole'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.

Credit Agricole Cyclically Adjusted PS Ratio Chart

Credit Agricole 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 1.65 1.37 1.82 1.34 1.68

Credit Agricole 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 1.38 1.43 1.52 1.68 1.78

Competitive Comparison of Credit Agricole's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Credit Agricole'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 Agricole's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Credit Agricole 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 Agricole's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=281.95/135.25
=2.08

* 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.

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

For example, Credit Agricole'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)
=40.645/119.4700*119.4700
=40.645

Current CPI (Mar. 2024) = 119.4700.

Credit Agricole Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 25.887 100.180 30.872
201409 26.361 99.920 31.519
201412 24.610 99.860 29.443
201503 26.911 100.170 32.096
201506 29.790 100.440 35.434
201509 27.175 99.950 32.482
201512 28.103 100.040 33.561
201603 26.625 100.020 31.803
201606 33.821 100.630 40.153
201609 26.055 100.340 31.022
201612 33.962 100.650 40.312
201703 32.058 101.170 37.857
201706 109.317 101.320 128.900
201709 31.515 101.330 37.157
201712 35.571 101.850 41.725
201803 38.811 102.750 45.127
201806 38.244 103.370 44.201
201809 36.667 103.560 42.300
201812 29.461 103.470 34.017
201903 37.341 103.890 42.941
201906 34.798 104.580 39.753
201909 38.078 104.500 43.533
201912 29.425 104.980 33.486
202003 46.775 104.590 53.430
202006 30.597 104.790 34.883
202009 46.474 104.550 53.106
202012 22.269 104.960 25.348
202103 45.870 105.750 51.821
202106 41.491 106.340 46.614
202109 43.805 106.810 48.997
202112 35.216 107.850 39.010
202203 40.565 110.490 43.862
202206 47.093 112.550 49.988
202209 35.019 112.740 37.109
202212 27.414 114.160 28.689
202303 39.089 116.790 39.986
202306 35.566 117.650 36.116
202309 39.172 118.260 39.573
202312 25.727 118.390 25.962
202403 40.645 119.470 40.645

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 Agricole  (MEX:ACAF) 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 Agricole Cyclically Adjusted PS Ratio Related Terms

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


Credit Agricole (MEX:ACAF) Business Description

Address
12 Place des Etats-Unis, Montrouge Cedex, Paris, FRA, 92127
Credit Agricole S.A. is majority-owned by a group of 39 mutually owned, regional French banks, and together, they form the Credit Agricole Group, the largest cooperative bank globally. Credit Agricole S.A. houses all of Credit Agricole Group's activities, excluding the core French retail and commercial banking operations and including corporate and investment banking, its insurance operations, its international operations, notably in Italy, LCL, a separately branded French retail bank, and Credit Agricole S.A.'s majority interest in individually listed asset manager Amundi. Credit Agricole S.A. also acts as the central bank for the group.

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