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Credit Agricole (XPAR:ACA) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Credit Agricole Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Agricole Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Credit Agricole'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.

Credit Agricole Cyclically Adjusted PS Ratio Chart

Credit Agricole 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 1.65 1.37 1.82 1.34 1.69

Credit Agricole 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 1.39 1.44 1.53 1.69 -

Competitive Comparison of Credit Agricole's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Credit Agricole'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.


Credit Agricole's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Credit Agricole 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.

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

For example, Credit Agricole'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)
=1.787/119.4700*119.4700
=1.787

Current CPI (Mar. 2024) = 119.4700.

Credit Agricole Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.469 100.180 1.752
201409 1.524 99.920 1.822
201412 1.353 99.860 1.619
201503 1.631 100.170 1.945
201506 1.692 100.440 2.013
201509 1.433 99.950 1.713
201512 1.500 100.040 1.791
201603 1.389 100.020 1.659
201606 1.628 100.630 1.933
201609 1.201 100.340 1.430
201612 1.562 100.650 1.854
201703 1.592 101.170 1.880
201706 5.382 101.320 6.346
201709 1.457 101.330 1.718
201712 1.530 101.850 1.795
201803 1.733 102.750 2.015
201806 1.666 103.370 1.925
201809 1.680 103.560 1.938
201812 1.319 103.470 1.523
201903 1.704 103.890 1.960
201906 1.603 104.580 1.831
201909 1.751 104.500 2.002
201912 1.404 104.980 1.598
202003 1.805 104.590 2.062
202006 1.177 104.790 1.342
202009 1.786 104.550 2.041
202012 0.920 104.960 1.047
202103 1.885 105.750 2.130
202106 1.730 106.340 1.944
202109 1.811 106.810 2.026
202112 1.519 107.850 1.683
202203 1.470 110.490 1.589
202206 2.214 112.550 2.350
202209 1.758 112.740 1.863
202212 1.327 114.160 1.389
202303 1.799 116.790 1.840
202306 1.915 117.650 1.945
202309 2.107 118.260 2.129
202312 1.390 118.390 1.403
202403 1.787 119.470 1.787

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.


Credit Agricole  (XPAR:ACA) 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.


Credit Agricole Cyclically Adjusted PS Ratio Related Terms

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


Credit Agricole (XPAR:ACA) Business Description

Address
12 Place des Etats-Unis, Montrouge Cedex, Paris, FRA, 92127
Credit Agricole S.A. is majority-owned by a group of 39 mutually owned, regional French banks, and together, they form the Credit Agricole Group, the largest cooperative bank globally. Credit Agricole S.A. houses all of Credit Agricole Group's activities, excluding the core French retail and commercial banking operations and including corporate and investment banking, its insurance operations, its international operations, notably in Italy, LCL, a separately branded French retail bank, and Credit Agricole S.A.'s majority interest in individually listed asset manager Amundi. Credit Agricole S.A. also acts as the central bank for the group.

Credit Agricole (XPAR:ACA) Headlines

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