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Piaggio & C. SpA (STU:P1I) Cyclically Adjusted PS Ratio : 0.49 (As of Sep. 24, 2024)


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

As of today (2024-09-24), Piaggio & C. SpA's current share price is €2.416. Piaggio & C. SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €4.91. Piaggio & C. SpA's Cyclically Adjusted PS Ratio for today is 0.49.

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

STU:P1I' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.63   Max: 0.9
Current: 0.54

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 0.63.

STU:P1I's Cyclically Adjusted PS Ratio is ranked better than
60.11% of 890 companies
in the Vehicles & Parts industry
Industry Median: 0.775 vs STU:P1I: 0.54

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 Jun. 2024 was €1.587. 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 €4.91 for the trailing ten years ended in Jun. 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
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.80 0.63 0.62 0.60 0.56

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
=2.416/4.91
=0.49

* 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 Jun. 2024 is calculated as:

For example, Piaggio & C. SpA's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1.587/120.7000*120.7000
=1.587

Current CPI (Jun. 2024) = 120.7000.

Piaggio & C. SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.832 99.814 1.006
201412 0.783 99.721 0.948
201503 0.836 99.814 1.011
201506 1.085 100.279 1.306
201509 0.855 100.000 1.032
201512 0.810 99.814 0.979
201603 0.854 99.600 1.035
201606 1.113 99.900 1.345
201609 0.908 100.100 1.095
201612 0.786 100.300 0.946
201703 0.835 101.000 0.998
201706 1.203 101.100 1.436
201709 0.927 101.200 1.106
201712 0.796 101.200 0.949
201803 0.872 101.800 1.034
201806 1.165 102.400 1.373
201809 1.018 102.600 1.198
201812 0.827 102.300 0.976
201903 0.969 102.800 1.138
201906 1.318 103.100 1.543
201909 1.073 102.900 1.259
201912 0.898 102.800 1.054
202003 0.872 102.900 1.023
202006 0.808 102.900 0.948
202009 1.103 102.300 1.301
202012 0.896 102.600 1.054
202103 1.077 103.700 1.254
202106 1.448 104.200 1.677
202109 1.169 104.900 1.345
202112 0.979 106.600 1.108
202203 1.276 110.400 1.395
202206 1.676 112.500 1.798
202209 1.614 114.200 1.706
202212 1.299 119.000 1.318
202303 1.534 118.800 1.559
202306 1.758 119.700 1.773
202309 1.295 120.300 1.299
202312 1.040 119.700 1.049
202403 1.208 120.200 1.213
202406 1.587 120.700 1.587

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  (STU:P1I) 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 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 Headlines

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