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Fincantieri SpA (MIL:FCT) Cyclically Adjusted PS Ratio : 0.16 (As of Jun. 03, 2024)


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What is Fincantieri SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Fincantieri SpA's current share price is €0.589. Fincantieri SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €3.75. Fincantieri SpA's Cyclically Adjusted PS Ratio for today is 0.16.

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

MIL:FCT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.23   Max: 0.56
Current: 0.16

During the past 13 years, Fincantieri SpA's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.10. And the median was 0.23.

MIL:FCT's Cyclically Adjusted PS Ratio is ranked better than
91.55% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs MIL:FCT: 0.16

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.

Fincantieri SpA's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €4.331. 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 €3.75 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fincantieri SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fincantieri 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.

* Premium members only.

Fincantieri SpA Cyclically Adjusted PS Ratio Chart

Fincantieri SpA 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 0.37 0.21 0.20 0.15 0.15

Fincantieri SpA 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 0.20 - 0.15 - 0.15

Competitive Comparison of Fincantieri SpA's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Fincantieri 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.


Fincantieri SpA's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Fincantieri SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fincantieri 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.589/3.75
=0.16

* 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.

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

For example, Fincantieri SpA'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)
=4.331/119.7000*119.7000
=4.331

Current CPI (Dec23) = 119.7000.

Fincantieri SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.802 99.721 3.363
201512 2.438 99.814 2.924
201612 2.569 100.300 3.066
201712 2.895 101.200 3.424
201812 3.160 102.300 3.697
201912 3.401 102.800 3.960
202012 3.386 102.600 3.950
202112 3.960 106.600 4.447
202212 4.279 119.000 4.304
202312 4.331 119.700 4.331

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.


Fincantieri SpA  (MIL:FCT) 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.


Fincantieri SpA Cyclically Adjusted PS Ratio Related Terms

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


Fincantieri SpA (MIL:FCT) Business Description

Traded in Other Exchanges
Address
Via Genova No 1, Trieste, ITA, 34121
Fincantieri SpA constructs cruise ships, ferries, naval vessels, and other ships. It has three segments: equipment, systems, and services; shipbuilding; and offshore. The company's high-technology equipment and systems for ships provide stabilization, directional control, and power generation. Moreover, product lifecycle management and training generate aftermarket sales. The offshore segment builds drillships and drilling rigs with capabilities to operate in water. The company operates in various countries spreading across four continents (Europe, North America, South America, and Asia). It is not dependent on any specific country, as Italy generates the most sales.

Fincantieri SpA (MIL:FCT) Headlines

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