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Societe Generale (WBO:GLE) Cyclically Adjusted PS Ratio : 0.35 (As of Jun. 06, 2024)


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What is Societe Generale Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Societe Generale's current share price is €26.145. Societe Generale's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €74.39. Societe Generale's Cyclically Adjusted PS Ratio for today is 0.35.

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

WBO:GLE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.29   Max: 0.56
Current: 0.35

During the past years, Societe Generale's highest Cyclically Adjusted PS Ratio was 0.56. The lowest was 0.13. And the median was 0.29.

WBO:GLE's Cyclically Adjusted PS Ratio is ranked better than
96.96% of 1185 companies
in the Banks industry
Industry Median: 2.37 vs WBO:GLE: 0.35

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.

Societe Generale's adjusted revenue per share data for the three months ended in Mar. 2024 was €8.235. 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 €74.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Societe Generale Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Societe Generale'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.

Societe Generale Cyclically Adjusted PS Ratio Chart

Societe Generale 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 - 0.20 0.34 0.27 0.32

Societe Generale 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 0.23 0.28 0.27 0.32 0.33

Competitive Comparison of Societe Generale's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Societe Generale'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.


Societe Generale's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Societe Generale 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.

Societe Generale's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.145/74.39
=0.35

* 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.

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

For example, Societe Generale'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)
=8.235/119.4700*119.4700
=8.235

Current CPI (Mar. 2024) = 119.4700.

Societe Generale Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 41.018 100.180 48.916
201409 7.636 99.920 9.130
201412 54.288 99.860 64.949
201503 7.102 100.170 8.470
201506 43.833 100.440 52.138
201509 8.017 99.950 9.583
201512 16.020 100.040 19.131
201603 6.580 100.020 7.860
201606 13.484 100.630 16.008
201609 7.635 100.340 9.091
201612 17.767 100.650 21.089
201703 6.711 101.170 7.925
201706 14.146 101.320 16.680
201709 7.445 101.330 8.778
201712 19.208 101.850 22.531
201803 0.000 102.750 0.000
201806 0.000 103.370 0.000
201809 0.000 103.560 0.000
201812 0.000 103.470 0.000
201903 0.000 103.890 0.000
201906 0.000 104.580 0.000
201909 0.000 104.500 0.000
201912 0.000 104.980 0.000
202003 0.000 104.590 0.000
202006 0.000 104.790 0.000
202009 6.876 104.550 7.857
202012 18.389 104.960 20.931
202103 0.000 105.750 0.000
202106 0.000 106.340 0.000
202109 7.836 106.810 8.765
202112 20.390 107.850 22.587
202203 0.000 110.490 0.000
202206 0.000 112.550 0.000
202209 8.419 112.740 8.922
202212 23.552 114.160 24.647
202303 8.338 116.790 8.529
202306 16.693 117.650 16.951
202309 7.796 118.260 7.876
202312 31.755 118.390 32.045
202403 8.235 119.470 8.235

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.


Societe Generale  (WBO:GLE) 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.


Societe Generale Cyclically Adjusted PS Ratio Related Terms

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


Societe Generale (WBO:GLE) Business Description

Address
29, Boulevard Haussmann, Paris, FRA, 75009
Founded in 1884, Societe Generale is one of France's major banks. It was historically viewed as primarily a corporate and investment bank, but it has meaningful retail banking operations in France, Eastern Europe, Russia, and North Africa.

Societe Generale (WBO:GLE) Headlines

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