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Ashtrom Group (XTAE:ASHG) Cyclically Adjusted PS Ratio : 0.82 (As of Sep. 21, 2024)


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What is Ashtrom Group Cyclically Adjusted PS Ratio?

As of today (2024-09-21), Ashtrom Group's current share price is ₪45.89. Ashtrom Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₪56.27. Ashtrom Group's Cyclically Adjusted PS Ratio for today is 0.82.

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

XTAE:ASHG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 0.96   Max: 1.15
Current: 0.89

During the past years, Ashtrom Group's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.71. And the median was 0.96.

XTAE:ASHG's Cyclically Adjusted PS Ratio is ranked better than
65.59% of 1357 companies
in the Real Estate industry
Industry Median: 1.76 vs XTAE:ASHG: 0.89

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.

Ashtrom Group's adjusted revenue per share data for the three months ended in Jun. 2024 was ₪10.518. 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 ₪56.27 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashtrom Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ashtrom Group'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.

Ashtrom Group Cyclically Adjusted PS Ratio Chart

Ashtrom Group 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 - - - - 1.03

Ashtrom Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 0.99 0.93 0.93 1.03 0.77

Competitive Comparison of Ashtrom Group's Cyclically Adjusted PS Ratio

For the Real Estate - Development subindustry, Ashtrom Group'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.


Ashtrom Group's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ashtrom Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ashtrom Group 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.

Ashtrom Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.89/56.27
=0.82

* 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.

Ashtrom Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Ashtrom Group's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=10.518/132.5538*132.5538
=10.518

Current CPI (Jun. 2024) = 132.5538.

Ashtrom Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.487 100.560 12.505
201409 10.327 100.428 13.631
201412 8.640 99.070 11.560
201503 8.968 99.621 11.933
201506 9.312 100.684 12.260
201509 10.208 100.392 13.478
201512 10.970 99.792 14.571
201603 9.494 100.470 12.526
201606 9.316 101.688 12.144
201609 12.746 101.861 16.587
201612 9.693 101.863 12.613
201703 10.796 102.862 13.912
201706 10.106 103.349 12.962
201709 12.194 104.136 15.522
201712 12.136 104.011 15.466
201803 10.482 105.290 13.196
201806 11.526 106.317 14.370
201809 11.049 106.507 13.751
201812 14.633 105.998 18.299
201903 13.710 107.251 16.945
201906 14.010 108.070 17.184
201909 16.247 108.329 19.880
201912 14.871 108.420 18.181
202003 13.891 108.902 16.908
202006 13.115 108.767 15.983
202009 13.995 109.815 16.893
202012 12.073 109.897 14.562
202103 10.847 111.754 12.866
202106 10.969 114.631 12.684
202109 10.340 115.734 11.843
202112 12.054 117.630 13.583
202203 12.195 121.301 13.326
202206 12.263 125.017 13.002
202209 13.629 125.227 14.426
202212 12.914 125.222 13.670
202303 12.302 127.348 12.805
202306 12.480 128.729 12.851
202309 12.792 129.860 13.057
202312 10.031 129.419 10.274
202406 10.518 132.554 10.518

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.


Ashtrom Group  (XTAE:ASHG) 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.


Ashtrom Group Cyclically Adjusted PS Ratio Related Terms

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


Ashtrom Group Business Description

Traded in Other Exchanges
N/A
Address
10 Kremnicki Street, Tel Aviv, ISR, 6789910
Ashtrom Group Ltd operates as a construction company engaged in construction of residential and commercial properties. The company constructs office buildings, commercial centres, industrial buildings and hotels, among others. It is also engaged in the production, marketing, and sale of materials for the construction industries.

Ashtrom Group Headlines