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Zenitel NV (XBRU:ZENT) Cyclically Adjusted PS Ratio : (As of May. 25, 2024)


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What is Zenitel NV Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zenitel NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zenitel NV'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.

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Zenitel NV Cyclically Adjusted PS Ratio Chart

Zenitel NV Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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Zenitel NV Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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Competitive Comparison of Zenitel NV's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Zenitel NV'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.


Zenitel NV's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zenitel NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Zenitel NV 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.

Zenitel NV's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec20 is calculated as:

For example, Zenitel NV's adjusted Revenue per Share data for the fiscal year that ended in Dec20 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=22.034/108.5107*108.5107
=22.034

Current CPI (Dec20) = 108.5107.

Zenitel NV Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201112 34.794 96.360 39.181
201212 35.749 98.511 39.378
201312 37.239 99.462 40.627
201412 20.349 99.086 22.285
201512 20.084 100.572 21.669
201612 19.199 102.614 20.302
201712 18.129 104.804 18.770
201812 18.674 107.252 18.893
201912 23.052 108.065 23.147
202012 22.034 108.511 22.034

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.


Zenitel NV  (XBRU:ZENT) 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.


Zenitel NV Cyclically Adjusted PS Ratio Related Terms

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Zenitel NV (XBRU:ZENT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Z.1 Research Park Zellik 110, Zellik, BEL, 1731
Zenitel NV operates in the onshore and offshore secure communications market. It offers integrated security communications solutions under its VingtorStentofon brand. Zenitel products include intercom, public address, 2-way radio systems, sound reception system, and IT/IP solutions. The company serves a diverse range of markets, including building security and public safety, transportation, industrial, oil and gas, and maritime. Its geographical segments are Belgium, Norway, Singapore, Finland, France, the United States, and other foreign countries. The majority of its revenue is derived from Norway.

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