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Saras SpA (Saras SpA) Cyclically Adjusted PS Ratio : 0.15 (As of Jun. 20, 2024)


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What is Saras SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Saras SpA's current share price is $8.75. Saras SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $57.55. Saras SpA's Cyclically Adjusted PS Ratio for today is 0.15.

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

SAAFY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.12   Max: 0.18
Current: 0.14

During the past years, Saras SpA's highest Cyclically Adjusted PS Ratio was 0.18. The lowest was 0.04. And the median was 0.12.

SAAFY's Cyclically Adjusted PS Ratio is ranked better than
86.86% of 761 companies
in the Oil & Gas industry
Industry Median: 0.88 vs SAAFY: 0.14

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.

Saras SpA's adjusted revenue per share data for the three months ended in Mar. 2024 was $17.269. 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 $57.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saras SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saras 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.

Saras SpA Cyclically Adjusted PS Ratio Chart

Saras 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 0.14 0.06 0.05 0.10 0.14

Saras 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 0.13 0.10 0.12 0.14 0.16

Competitive Comparison of Saras SpA's Cyclically Adjusted PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Saras 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.


Saras SpA's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saras SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Saras 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.75/57.55
=0.15

* 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.

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

For example, Saras 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)
=17.269/120.2000*120.2000
=17.269

Current CPI (Mar. 2024) = 120.2000.

Saras SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.211 100.093 24.271
201409 16.958 99.814 20.421
201412 14.513 99.721 17.493
201503 11.452 99.814 13.791
201506 16.332 100.279 19.576
201509 11.722 100.000 14.090
201512 9.100 99.814 10.959
201603 6.374 99.600 7.692
201606 13.054 99.900 15.707
201609 9.913 100.100 11.904
201612 11.768 100.300 14.103
201703 10.686 101.000 12.717
201706 12.280 101.100 14.600
201709 10.960 101.200 13.018
201712 12.665 101.200 15.043
201803 15.737 101.800 18.581
201806 19.574 102.400 22.977
201809 20.766 102.600 24.328
201812 8.593 102.300 10.097
201903 12.566 102.800 14.693
201906 15.092 103.100 17.595
201909 13.978 102.900 16.328
201912 13.920 102.800 16.276
202003 10.653 102.900 12.444
202006 4.972 102.900 5.808
202009 7.438 102.300 8.739
202012 8.494 102.600 9.951
202103 10.121 103.700 11.731
202106 12.885 104.200 14.864
202109 13.468 104.900 15.432
202112 16.736 106.600 18.871
202203 17.026 110.400 18.537
202206 26.291 112.500 28.090
202209 22.150 114.200 23.314
202212 21.453 119.000 21.669
202303 19.683 118.800 19.915
202306 10.858 119.700 10.903
202309 17.036 120.300 17.022
202312 16.920 119.700 16.991
202403 17.269 120.200 17.269

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.


Saras SpA  (OTCPK:SAAFY) 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.


Saras SpA Cyclically Adjusted PS Ratio Related Terms

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


Saras SpA (Saras SpA) Business Description

Industry
Traded in Other Exchanges
Address
S.S. 195 Sulcitana, Km 19, Cagliari, Sarroch, ITA, 09018
Saras SpA is a processor of crude oil and marketer and distributor of petroleum byproducts. Refining operations are conducted at facilities located near the Mediterranean Sea. Majority of the refineries production is medium and light distillates with low environmental impact (mainly diesel and gasoline). Under Saras Trading, the company purchases crude oils and other feedstock for the refinery, sells the refined oil, and participates in third party trading. Products sold and distributed by Saras and its subsidiaries include diesel, gasoline, heating oil, liquefied petroleum gas, naphtha, and aviation fuel. Products are sold primarily on Spanish and Italian markets. Additional services include wind farm operations, and engineering and scientific research services.

Saras SpA (Saras SpA) Headlines

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