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Codere (XMAD:CDR) Cyclically Adjusted PS Ratio : (As of May. 26, 2024)


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What is Codere Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Codere Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Codere'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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Codere Cyclically Adjusted PS Ratio Chart

Codere Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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Codere Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of Codere's Cyclically Adjusted PS Ratio

For the Gambling subindustry, Codere'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.


Codere's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Codere's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Codere 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.

Codere's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, Codere's adjusted Revenue per Share data for the three months ended in Jun. 2021 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=1.182/107.1023*107.1023
=1.182

Current CPI (Jun. 2021) = 107.1023.

Codere Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201109 139.601 96.946 154.226
201112 150.547 98.235 164.137
201203 157.662 97.909 172.466
201206 162.612 98.952 176.006
201209 172.557 100.254 184.344
201212 157.467 101.052 166.895
201303 152.893 100.284 163.288
201306 153.882 100.994 163.189
201309 148.671 100.597 158.286
201312 140.720 101.306 148.771
201403 128.812 100.139 137.770
201406 127.211 101.081 134.789
201409 137.647 100.441 146.776
201412 144.955 100.251 154.861
201503 155.121 99.474 167.017
201506 158.758 101.138 168.121
201509 162.275 99.559 174.570
201512 163.184 100.268 174.306
201603 147.509 98.638 160.167
201606 3.000 100.333 3.202
201609 3.317 99.737 3.562
201612 2.858 101.842 3.006
201703 0.160 100.896 0.170
201706 3.427 101.848 3.604
201709 0.157 101.524 0.166
201712 3.481 102.975 3.621
201803 3.221 102.122 3.378
201806 3.120 104.165 3.208
201809 2.994 103.818 3.089
201812 2.576 104.193 2.648
201903 2.906 103.488 3.007
201906 3.019 104.612 3.091
201909 2.910 103.905 3.000
201912 3.022 105.015 3.082
202003 2.330 103.469 2.412
202006 0.296 104.254 0.304
202009 1.170 103.521 1.210
202012 1.067 104.456 1.094
202103 1.073 104.857 1.096
202106 1.182 107.102 1.182

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.


Codere  (XMAD:CDR) 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.


Codere Cyclically Adjusted PS Ratio Related Terms

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Codere (XMAD:CDR) Business Description

Traded in Other Exchanges
N/A
Address
Avda. de Bruselas 26, Alcobendas, ESP, 28108
Codere SA is a Spain-based gaming company. It is mainly engaged in business activities in the private gaming industry, consisting primarily of the operation of amusement and slot machines, sports betting, bingo halls, casinos, and racetracks. The company has a presence in Spain, Italy, Argentina, Brazil, Colombia, Mexico, Panama, and Uruguay.

Codere (XMAD:CDR) Headlines