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Saipem SpA (Saipem SpA) Cyclically Adjusted PS Ratio : 0.05 (As of May. 15, 2024)


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What is Saipem SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Saipem SpA's current share price is $0.4565. Saipem SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $9.81. Saipem SpA's Cyclically Adjusted PS Ratio for today is 0.05.

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

SAPMY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.1   Max: 0.2
Current: 0.05

During the past years, Saipem SpA's highest Cyclically Adjusted PS Ratio was 0.20. The lowest was 0.01. And the median was 0.10.

SAPMY's Cyclically Adjusted PS Ratio is ranked better than
94.85% of 757 companies
in the Oil & Gas industry
Industry Median: 0.88 vs SAPMY: 0.05

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.

Saipem SpA's adjusted revenue per share data for the three months ended in Sep. 2023 was $0.323. 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 $9.81 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saipem SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saipem 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.

Saipem SpA Cyclically Adjusted PS Ratio Chart

Saipem SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.13 0.18 0.10 0.09 -

Saipem SpA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 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 0.05 - - 0.03 -

Competitive Comparison of Saipem SpA's Cyclically Adjusted PS Ratio

For the Oil & Gas Equipment & Services subindustry, Saipem 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.


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

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

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



Saipem 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.4565/9.81
=0.05

* 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.

Saipem SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Saipem SpA's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.323/120.3000*120.3000
=0.323

Current CPI (Sep. 2023) = 120.3000.

Saipem SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 3.972 99.814 4.787
201309 6.619 100.000 7.963
201312 5.598 99.721 6.753
201403 5.750 99.907 6.924
201406 4.372 100.093 5.255
201409 6.504 99.814 7.839
201412 5.805 99.721 7.003
201503 4.701 99.814 5.666
201506 3.786 100.279 4.542
201509 4.959 100.000 5.966
201512 5.097 99.814 6.143
201603 4.549 99.600 5.494
201606 1.164 99.900 1.402
201609 1.455 100.100 1.749
201612 1.059 100.300 1.270
201703 1.210 101.000 1.441
201706 1.308 101.100 1.556
201709 1.361 101.200 1.618
201712 1.268 101.200 1.507
201803 1.190 101.800 1.406
201806 1.109 102.400 1.303
201809 1.328 102.600 1.557
201812 1.416 102.300 1.665
201903 1.228 102.800 1.437
201906 1.346 103.100 1.571
201909 1.237 102.900 1.446
201912 1.316 102.800 1.540
202003 1.219 102.900 1.425
202006 0.860 102.900 1.005
202009 1.015 102.300 1.194
202012 1.206 102.600 1.414
202103 0.973 103.700 1.129
202106 0.867 104.200 1.001
202109 1.113 104.900 1.276
202112 0.839 106.600 0.947
202203 1.085 110.400 1.182
202206 0.238 112.500 0.255
202212 0.000 119.000 0.000
202306 0.000 119.700 0.000
202309 0.323 120.300 0.323

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.


Saipem SpA  (OTCPK:SAPMY) 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.


Saipem SpA Cyclically Adjusted PS Ratio Related Terms

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


Saipem SpA (Saipem SpA) Business Description

Industry
Address
Via Luigi Russolo, 5, Milano, ITA, 20138
Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

Saipem SpA (Saipem SpA) Headlines

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