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Pirelli & C SpA (Pirelli & C SpA) Cyclically Adjusted PS Ratio : 0.62 (As of May. 22, 2024)


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What is Pirelli & C SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Pirelli & C SpA's current share price is $5.98. Pirelli & C SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.65. Pirelli & C SpA's Cyclically Adjusted PS Ratio for today is 0.62.

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

PLLIF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.48   Max: 0.81
Current: 0.61

During the past years, Pirelli & C SpA's highest Cyclically Adjusted PS Ratio was 0.81. The lowest was 0.32. And the median was 0.48.

PLLIF's Cyclically Adjusted PS Ratio is ranked better than
52.3% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs PLLIF: 0.61

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.

Pirelli & C SpA's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.625. 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 $9.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pirelli & C SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pirelli & 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.

Pirelli & C SpA Cyclically Adjusted PS Ratio Chart

Pirelli & 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 0.52 0.44 0.59 0.37 0.49

Pirelli & 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 0.44 0.43 0.44 0.49 -

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

For the Auto Parts subindustry, Pirelli & 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.


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

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

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



Pirelli & 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.98/9.65
=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.

Pirelli & C SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Pirelli & C SpA's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.625/119.7000*119.7000
=1.625

Current CPI (Dec. 2023) = 119.7000.

Pirelli & C SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.180 99.907 5.008
201406 4.202 100.093 5.025
201409 4.071 99.814 4.882
201412 3.764 99.721 4.518
201503 3.484 99.814 4.178
201506 -3.613 100.279 -4.313
201509 10.854 100.000 12.992
201512 -5.596 99.814 -6.711
201603 2.699 99.600 3.244
201606 9.727 99.900 11.655
201609 4.010 100.100 4.795
201612 6.487 100.300 7.742
201703 6.936 101.000 8.220
201706 7.324 101.100 8.671
201709 1.613 101.200 1.908
201712 1.555 101.200 1.839
201803 1.627 101.800 1.913
201806 1.531 102.400 1.790
201809 1.504 102.600 1.755
201812 1.444 102.300 1.690
201903 1.490 102.800 1.735
201906 1.509 103.100 1.752
201909 1.522 102.900 1.770
201912 1.426 102.800 1.660
202003 1.155 102.900 1.344
202006 0.861 102.900 1.002
202009 1.398 102.300 1.636
202012 1.470 102.600 1.715
202103 1.482 103.700 1.711
202106 1.591 104.200 1.828
202109 1.664 104.900 1.899
202112 1.527 106.600 1.715
202203 1.683 110.400 1.825
202206 1.764 112.500 1.877
202209 1.812 114.200 1.899
202212 1.676 119.000 1.686
202303 1.826 118.800 1.840
202306 1.877 119.700 1.877
202309 1.838 120.300 1.829
202312 1.625 119.700 1.625

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.


Pirelli & C SpA  (OTCPK:PLLIF) 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.


Pirelli & C SpA Cyclically Adjusted PS Ratio Related Terms

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


Pirelli & C SpA (Pirelli & C SpA) Business Description

Traded in Other Exchanges
Address
Viale Piero e Alberto Pirelli n. 25, Milan, ITA, 20126
Pirelli & C SpA designs develop, manufactures, and markets tires - for motor vehicles, industrial vehicles, and motorcycles. The company is focused on Prestige and Premium segments. Geographically it derives the majority revenue from Europe and Turkey.

Pirelli & C SpA (Pirelli & C SpA) Headlines

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