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OVS SpA (MIL:OVS) Cyclically Adjusted PS Ratio : 0.44 (As of May. 22, 2024)


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What is OVS SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-22), OVS SpA's current share price is €2.68. OVS SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan23 was €6.12. OVS SpA's Cyclically Adjusted PS Ratio for today is 0.44.

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

MIL:OVS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.36   Max: 0.56
Current: 0.44

During the past 12 years, OVS SpA's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.19. And the median was 0.36.

MIL:OVS's Cyclically Adjusted PS Ratio is ranked better than
61.83% of 854 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs MIL:OVS: 0.44

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.

OVS SpA's adjusted revenue per share data of for the fiscal year that ended in Jan23 was €5.614. 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 €6.12 for the trailing ten years ended in Jan23.

Shiller PE for Stocks: The True Measure of Stock Valuation


OVS SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for OVS 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.

OVS SpA Cyclically Adjusted PS Ratio Chart

OVS SpA Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.18 0.44 0.36

OVS SpA Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 - 0.44 - 0.36 -

Competitive Comparison of OVS SpA's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, OVS 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.


OVS SpA's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, OVS SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



OVS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.68/6.12
=0.44

* 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.

OVS SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan23 is calculated as:

For example, OVS SpA's adjusted Revenue per Share data for the fiscal year that ended in Jan23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan23 (Change)*Current CPI (Jan23)
=5.614/119.1000*119.1000
=5.614

Current CPI (Jan23) = 119.1000.

OVS SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201401 4.876 99.907 5.813
201501 2.828 99.349 3.390
201601 5.830 99.600 6.971
201701 5.864 100.600 6.942
201801 6.559 101.500 7.696
201901 6.262 102.400 7.283
202001 5.597 102.900 6.478
202101 4.401 103.300 5.074
202201 5.407 108.300 5.946
202301 5.614 119.100 5.614

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.


OVS SpA  (MIL:OVS) 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.


OVS SpA Cyclically Adjusted PS Ratio Related Terms

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


OVS SpA (MIL:OVS) Business Description

Traded in Other Exchanges
Address
Via Terraglio 17, Venice - Mestre, ITA, 30174
OVS SpA is an Italian fashion retailer. The company develops and markets menswear, womenswear and children's wear. Its operating segment includes OVS, UPIM and Sempione Fashion. OVS segment offers stylish and high-quality clothing at competitive prices focusing on the latest trends and fashion. Its UPIM segment offers women's, men's and children's clothing products, homeware and fragrance, The company generates maximum revenue from the OVS segment. Geographically, it has a presence in Italy, Bangladesh, China, Hong Kong, India, Pakistan, Turkey, Spain, Croatia, and Serbia.

OVS SpA (MIL:OVS) Headlines