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UniCredit SpA (UniCredit SpA) Cyclically Adjusted PS Ratio : (As of Jun. 16, 2024)


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What is UniCredit SpA Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


UniCredit SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for UniCredit 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.

UniCredit SpA Cyclically Adjusted PS Ratio Chart

UniCredit 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 0.56 0.41 0.91 0.88 1.78

UniCredit 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 1.18 1.47 1.59 1.78 2.58

Competitive Comparison of UniCredit SpA's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, UniCredit 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.


UniCredit SpA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, UniCredit SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



UniCredit 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.

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

For example, UniCredit 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)
=4.667/120.2000*120.2000
=4.667

Current CPI (Mar. 2024) = 120.2000.

UniCredit SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.442 100.093 12.540
201409 9.588 99.814 11.546
201412 9.212 99.721 11.104
201503 8.227 99.814 9.907
201506 8.421 100.279 10.094
201509 7.845 100.000 9.430
201512 3.089 99.814 3.720
201603 6.777 99.600 8.179
201606 7.936 99.900 9.549
201609 6.850 100.100 8.225
201612 4.934 100.300 5.913
201703 6.963 101.000 8.287
201706 3.911 101.100 4.650
201709 3.924 101.200 4.661
201712 3.335 101.200 3.961
201803 4.390 101.800 5.183
201806 4.202 102.400 4.932
201809 3.244 102.600 3.800
201812 4.733 102.300 5.561
201903 3.813 102.800 4.458
201906 3.721 103.100 4.338
201909 3.625 102.900 4.234
201912 4.349 102.800 5.085
202003 2.321 102.900 2.711
202006 4.817 102.900 5.627
202009 3.342 102.300 3.927
202012 3.578 102.600 4.192
202103 3.596 103.700 4.168
202106 4.077 104.200 4.703
202109 3.461 104.900 3.966
202112 2.014 106.600 2.271
202203 3.699 110.400 4.027
202206 3.401 112.500 3.634
202209 3.237 114.200 3.407
202212 3.954 119.000 3.994
202303 4.266 118.800 4.316
202306 4.278 119.700 4.296
202309 4.284 120.300 4.280
202312 4.295 119.700 4.313
202403 4.667 120.200 4.667

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.


UniCredit SpA  (OTCPK:UNCFY) 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.


UniCredit SpA Cyclically Adjusted PS Ratio Related Terms

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


UniCredit SpA (UniCredit SpA) Business Description

Industry
Address
Piazza Gae Aulenti 3, Tower A, Milano, ITA, 20154
UniCredit is one of the two largest Italian retail and commercial banks, but roughly half of its operations are outside Italy. It has a strong presence in Germany, Austria, and Central and Eastern Europe. It generates most of its revenue from retail banking, but also maintains a sizable corporate and investment bank.

UniCredit SpA (UniCredit SpA) Headlines

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