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Snam SpA (WBO:SRG) Cyclically Adjusted PS Ratio : 4.39 (As of Jan. 18, 2025)


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What is Snam SpA Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Snam SpA's current share price is €4.389. Snam SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €1.00. Snam SpA's Cyclically Adjusted PS Ratio for today is 4.39.

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

WBO:SRG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.56   Med: 4.67   Max: 5.72
Current: 4.41

During the past years, Snam SpA's highest Cyclically Adjusted PS Ratio was 5.72. The lowest was 3.56. And the median was 4.67.

WBO:SRG's Cyclically Adjusted PS Ratio is ranked worse than
88.11% of 387 companies
in the Utilities - Regulated industry
Industry Median: 1.42 vs WBO:SRG: 4.41

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.

Snam SpA's adjusted revenue per share data for the three months ended in Sep. 2024 was €0.256. 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 €1.00 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snam SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Snam 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.

Snam SpA Cyclically Adjusted PS Ratio Chart

Snam 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 4.97 5.05 5.68 4.46 4.63

Snam SpA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.40 4.63 4.36 4.13 4.59

Competitive Comparison of Snam SpA's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Gas subindustry, Snam 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.


Snam SpA's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Snam SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Snam 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.389/1
=4.39

* 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.

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

For example, Snam SpA's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.256/121.2000*121.2000
=0.256

Current CPI (Sep. 2024) = 121.2000.

Snam SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.287 99.721 0.349
201503 0.279 99.814 0.339
201506 0.271 100.279 0.328
201509 0.260 100.000 0.315
201512 -0.065 99.814 -0.079
201603 0.171 99.600 0.208
201606 0.173 99.900 0.210
201609 0.246 100.100 0.298
201612 -0.027 100.300 -0.033
201703 0.182 101.000 0.218
201706 0.187 101.100 0.224
201709 0.184 101.200 0.220
201712 0.187 101.200 0.224
201803 0.186 101.800 0.221
201806 0.190 102.400 0.225
201809 0.194 102.600 0.229
201812 0.203 102.300 0.241
201903 0.194 102.800 0.229
201906 0.210 103.100 0.247
201909 0.189 102.900 0.223
201912 0.216 102.800 0.255
202003 0.211 102.900 0.249
202006 0.199 102.900 0.234
202009 0.211 102.300 0.250
202012 0.220 102.600 0.260
202103 0.219 103.700 0.256
202106 0.246 104.200 0.286
202109 0.248 104.900 0.287
202112 0.291 106.600 0.331
202203 0.256 110.400 0.281
202206 0.249 112.500 0.268
202209 0.261 114.200 0.277
202212 0.283 119.000 0.288
202303 0.275 118.800 0.281
202306 0.343 119.700 0.347
202309 0.236 120.300 0.238
202312 0.341 119.700 0.345
202403 0.267 120.200 0.269
202406 0.269 120.700 0.270
202409 0.256 121.200 0.256

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.


Snam SpA  (WBO:SRG) 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.


Snam SpA Cyclically Adjusted PS Ratio Related Terms

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


Snam SpA Business Description

Industry
Address
Piazza Santa Barbara, 7, San Donato Milanese, Milan, ITA, 20097
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 13.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

Snam SpA Headlines

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