Acinque SpA (MIL:AC5) Cyclically Adjusted PS Ratio: 0.71 (As of Sep. 15, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIL:AC5 Acinque SpA MIL:AC5
65 GF Score
Price €2.06
GF Value €1.74
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Acinque SpA Cyclically Adjusted PS Ratio?

Acinque SpA MIL:AC5 65 Cyclically Adjusted PS Ratio is 0.71 as of Sep. 15, 2026, which is 1% below its 10-year median of 0.72. GuruFocus rates MIL:AC5 with a GF Score™ of 65/100 and a GF Value™ of €1.74 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 441 Utilities - Regulated companies, Acinque SpA ranks better than 72.34% on this metric.

As of today (2026-09-15), Acinque SpA's current share price is €2.06. Acinque SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was €2.92. Acinque SpA's Cyclically Adjusted PS Ratio for today is 0.71.

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

MIL:AC5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.72   Max: 0.99
Current: 0.69

During the past 13 years, Acinque SpA's highest Cyclically Adjusted PS Ratio was 0.99. The lowest was 0.57. And the median was 0.72.

MIL:AC5's Cyclically Adjusted PS Ratio is ranked better than
72.34% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.37 vs MIL:AC5: 0.69

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.

Acinque SpA's adjusted revenue per share data of for the fiscal year that ended in Dec25 was €2.887. 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 €2.92 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acinque SpA  (MIL:AC5) 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.


Acinque SpA Cyclically Adjusted PS Ratio Related Terms


Acinque SpA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Acinque 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.

Acinque SpA Cyclically Adjusted PS Ratio Chart

Acinque SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 0.68 0.69 0.68 0.77

Acinque SpA Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.68 0.69 0.72 0.74 0.71

MIL:AC5 vs SRE, AES: Cyclically Adjusted PS Ratio Comparison

For the Utilities - Diversified subindustry, Acinque 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.


Acinque SpA Cyclically Adjusted PS Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Acinque SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


MIL:AC5
65GF Score
Acinque SpA MIL:AC5
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Acinque 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.

Acinque SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.06/2.92
=0.71

* 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.

Acinque SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Acinque SpA's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=2.887/122.6000*122.6000
=2.887

Current CPI (Dec25) = 122.6000.

Acinque SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 2.596 100.300 3.173
201712 2.363 101.200 2.863
201812 1.450 102.300 1.738
201912 2.059 102.800 2.456
202012 1.848 102.600 2.208
202112 2.277 106.600 2.619
202212 3.303 119.000 3.403
202312 3.044 119.700 3.118
202412 2.864 121.200 2.897
202512 2.887 122.600 2.887

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.

What does a Cyclically Adjusted PS Ratio of 0.71 mean?
Acinque SpA (MIL:AC5) has a Cyclically Adjusted PS Ratio of 0.71 as of Sep. 15, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Acinque SpA and its competitors. This is near median its historical median of 0.72. Over the past decade, Acinque SpA's Cyclically Adjusted PS Ratio has ranged from 0.57 to 0.99. According to the industry distribution chart, Acinque SpA ranks #122 out of 441 companies in the Utilities - Regulated industry, placing it in the top 27.7%.
Is Acinque SpA's Cyclically Adjusted PS Ratio too high?
Acinque SpA's current Cyclically Adjusted PS Ratio of 0.71 is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.99. The Utilities - Regulated industry median Cyclically Adjusted PS Ratio is 1.37. Acinque SpA's value of 0.71 is 48.2% below this industry median. Based on the distribution chart, Acinque SpA ranks #122 out of 441 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Acinque SpA has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acinque SpA's Cyclically Adjusted PS Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Acinque SpA ranks #122 out of 441 companies for Cyclically Adjusted PS Ratio. This puts Acinque SpA in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Acinque SpA's value of 0.71 is 48.2% below this benchmark. Historically, Acinque SpA's own Cyclically Adjusted PS Ratio has ranged from 0.57 to 0.99 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.37, Acinque SpA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Regulated company?
The median Cyclically Adjusted PS Ratio among Utilities - Regulated companies is 1.37, based on 441 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Acinque SpA's current Cyclically Adjusted PS Ratio of 0.71 is 48.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Acinque SpA and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acinque SpA's current Cyclically Adjusted PS Ratio is 0.71, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acinque SpA stock overvalued right now?
Based on GuruFocus' analysis, Acinque SpA (MIL:AC5) is currently considered Modestly Overvalued. The stock's GF Value™ is €1.74, compared to a current price of €2.06 — trading 18.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.71, which is near median its 10-year median of 0.72 and 48.2% below the Utilities - Regulated industry median of 1.37. Acinque SpA's overall GF Score™ is 65/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Acinque SpA (MIL:AC5), the current Cyclically Adjusted PS Ratio is 0.71 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Acinque SpA (MIL:AC5) Overvalued in 2026?

Based on GuruFocus' analysis, Acinque SpA stock appears to be overvalued. The current stock price of €2.06 is trading 18.4% above its estimated GF Value™ of €1.74. GuruFocus considers Acinque SpA to be Modestly Overvalued.

Key valuation signals for MIL:AC5:

  • Cyclically Adjusted PS Ratio: 0.71 (near median its 10-year median of 0.72)
  • GF Value™: €1.74 vs. price of €2.06 (18.4% above fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 48.2% below the Utilities - Regulated median (#122 of 441)

No single metric tells the full story. See the MIL:AC5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Acinque SpA Business Description

Address Via Pietro Stazzi, 2, Como, ITA, 22100
Acinque SpA is an Italy-based company, engaged in public utility services. It operates in four sectors namely water, electricity and gas distribution, electricity and gas sales, urban hygiene and waste-to-energy and technologies, district heating, efficiency and smart city.
65GF Score

Get the complete analysis for MIL:AC5

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.06
Price
€1.74
GF Value