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Forbo Holding AG (XSWX:FORN) Cyclically Adjusted PS Ratio : 1.35 (As of May. 01, 2024)


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What is Forbo Holding AG Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Forbo Holding AG's current share price is CHF1064.00. Forbo Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was CHF785.50. Forbo Holding AG's Cyclically Adjusted PS Ratio for today is 1.35.

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

XSWX:FORN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.98   Max: 3.05
Current: 1.35

During the past 13 years, Forbo Holding AG's highest Cyclically Adjusted PS Ratio was 3.05. The lowest was 0.81. And the median was 1.98.

XSWX:FORN's Cyclically Adjusted PS Ratio is ranked worse than
71.62% of 1251 companies
in the Construction industry
Industry Median: 0.65 vs XSWX:FORN: 1.35

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.

Forbo Holding AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was CHF833.475. 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 CHF785.50 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forbo Holding AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Forbo Holding AG'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.

Forbo Holding AG Cyclically Adjusted PS Ratio Chart

Forbo Holding AG 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 2.55 2.32 2.69 1.45 1.34

Forbo Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.69 - 1.45 - 1.34

Competitive Comparison of Forbo Holding AG's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Forbo Holding AG'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.


Forbo Holding AG's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Forbo Holding AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Forbo Holding AG 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.

Forbo Holding AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1064.00/785.5
=1.35

* 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.

Forbo Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Forbo Holding AG's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=833.475/106.4611*106.4611
=833.475

Current CPI (Dec23) = 106.4611.

Forbo Holding AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 614.629 100.704 649.768
201512 612.090 99.386 655.662
201612 693.681 99.380 743.111
201712 721.296 100.213 766.268
201812 794.135 100.906 837.854
201912 800.375 101.063 843.124
202012 700.752 100.241 744.237
202112 813.757 101.776 851.221
202212 914.569 104.666 930.253
202312 833.475 106.461 833.475

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.


Forbo Holding AG  (XSWX:FORN) 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.


Forbo Holding AG Cyclically Adjusted PS Ratio Related Terms

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


Forbo Holding AG (XSWX:FORN) Business Description

Traded in Other Exchanges
Address
Lindenstrasse 8, P.O. Box 1339, Baar, CHE, CH-6341
Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe.

Forbo Holding AG (XSWX:FORN) Headlines

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