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Piaggio & C. SpA (Piaggio & C. SpA) Cyclically Adjusted PS Ratio : 0.62 (As of Jun. 05, 2024)


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What is Piaggio & C. SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Piaggio & C. SpA's current share price is $3.10. Piaggio & C. SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.99. Piaggio & C. SpA's Cyclically Adjusted PS Ratio for today is 0.62.

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

PIAGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.64   Max: 0.9
Current: 0.58

During the past years, Piaggio & C. SpA's highest Cyclically Adjusted PS Ratio was 0.90. The lowest was 0.37. And the median was 0.64.

PIAGF's Cyclically Adjusted PS Ratio is ranked better than
53.78% of 1004 companies
in the Vehicles & Parts industry
Industry Median: 0.675 vs PIAGF: 0.58

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.

Piaggio & C. SpA's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.314. 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 $4.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piaggio & C. SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Piaggio & C. 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.

Piaggio & C. SpA Cyclically Adjusted PS Ratio Chart

Piaggio & C. 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 0.71 0.70 0.72 0.61 0.62

Piaggio & C. SpA 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 0.84 0.80 0.63 0.62 0.60

Competitive Comparison of Piaggio & C. SpA's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Piaggio & C. 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.


Piaggio & C. SpA's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Piaggio & C. SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Piaggio & C. 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.

Piaggio & C. SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.10/4.99
=0.62

* 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.

Piaggio & C. SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Piaggio & C. SpA'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)
=1.314/120.2000*120.2000
=1.314

Current CPI (Mar. 2024) = 120.2000.

Piaggio & C. SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.321 100.093 1.586
201409 1.072 99.814 1.291
201412 0.965 99.721 1.163
201503 0.905 99.814 1.090
201506 1.218 100.279 1.460
201509 0.959 100.000 1.153
201512 0.883 99.814 1.063
201603 0.951 99.600 1.148
201606 1.250 99.900 1.504
201609 1.019 100.100 1.224
201612 0.829 100.300 0.993
201703 0.893 101.000 1.063
201706 1.351 101.100 1.606
201709 1.105 101.200 1.312
201712 0.942 101.200 1.119
201803 1.075 101.800 1.269
201806 1.361 102.400 1.598
201809 1.187 102.600 1.391
201812 0.941 102.300 1.106
201903 1.095 102.800 1.280
201906 1.489 103.100 1.736
201909 1.182 102.900 1.381
201912 0.998 102.800 1.167
202003 0.963 102.900 1.125
202006 0.910 102.900 1.063
202009 1.299 102.300 1.526
202012 1.090 102.600 1.277
202103 1.282 103.700 1.486
202106 1.744 104.200 2.012
202109 1.376 104.900 1.577
202112 1.106 106.600 1.247
202203 1.406 110.400 1.531
202206 1.771 112.500 1.892
202209 1.598 114.200 1.682
202212 1.376 119.000 1.390
202303 1.642 118.800 1.661
202306 1.919 119.700 1.927
202309 1.368 120.300 1.367
202312 1.134 119.700 1.139
202403 1.314 120.200 1.314

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.


Piaggio & C. SpA  (OTCPK:PIAGF) 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.


Piaggio & C. SpA Cyclically Adjusted PS Ratio Related Terms

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


Piaggio & C. SpA (Piaggio & C. SpA) Business Description

Traded in Other Exchanges
Address
Viale Rinaldo Piaggio, 25, Pontedera, Pisa, ITA, 56025
Piaggio & C. SpA is an Italian manufacturer of motor vehicles with international operations. The product portfolio consists of scooters, mopeds, and motorcycles marketed under the Aprilia, Piaggio, Vespa, Moto Guzzi, Gilera, Derbi, and Scarabeo brands, as well as three- and four-wheeler light vehicles, marketed under the Ape, Porter and Quargo brands. Piaggio's sales are mainly in Europe, the Middle East, Africa; the Americas; and India, but are also in the Asia-Pacific region. The firm's manufacturing units are located in Italy, India, and Vietnam. Piaggio has a 45% stake in a Chinese joint-venture operation.

Piaggio & C. SpA (Piaggio & C. SpA) Headlines

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