GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Evotec SE (XTER:EVT) » Definitions » Cyclically Adjusted PS Ratio

Evotec SE (XTER:EVT) Cyclically Adjusted PS Ratio : 3.01 (As of May. 28, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Evotec SE Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Evotec SE's current share price is €9.18. Evotec SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.05. Evotec SE's Cyclically Adjusted PS Ratio for today is 3.01.

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

XTER:EVT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.9   Med: 16.37   Max: 25.77
Current: 3.01

During the past years, Evotec SE's highest Cyclically Adjusted PS Ratio was 25.77. The lowest was 2.90. And the median was 16.37.

XTER:EVT's Cyclically Adjusted PS Ratio is ranked worse than
62.72% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.09 vs XTER:EVT: 3.01

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.

Evotec SE's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.177. 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 €3.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evotec SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evotec SE'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.

Evotec SE Cyclically Adjusted PS Ratio Chart

Evotec SE 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 17.25 18.93 21.58 6.18 7.29

Evotec SE 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 7.37 7.55 6.66 7.29 4.75

Competitive Comparison of Evotec SE's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Evotec SE'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.


Evotec SE's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Evotec SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Evotec SE 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.

Evotec SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.18/3.05
=3.01

* 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.

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

For example, Evotec SE'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)
=1.177/125.0381*125.0381
=1.177

Current CPI (Mar. 2024) = 125.0381.

Evotec SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.171 99.543 0.215
201409 0.144 99.823 0.180
201412 0.233 99.543 0.293
201503 0.164 99.717 0.206
201506 0.254 100.417 0.316
201509 0.253 100.417 0.315
201512 0.253 99.717 0.317
201603 0.283 100.017 0.354
201606 0.287 100.717 0.356
201609 0.341 101.017 0.422
201612 0.331 101.217 0.409
201703 0.364 101.417 0.449
201706 0.365 102.117 0.447
201709 0.462 102.717 0.562
201712 0.626 102.617 0.763
201803 0.554 102.917 0.673
201806 0.660 104.017 0.793
201809 0.673 104.718 0.804
201812 0.657 104.217 0.788
201903 0.696 104.217 0.835
201906 0.690 105.718 0.816
201909 0.763 106.018 0.900
201912 0.832 105.818 0.983
202003 0.791 105.718 0.936
202006 0.739 106.618 0.867
202009 0.857 105.818 1.013
202012 0.868 105.518 1.029
202103 0.811 107.518 0.943
202106 0.841 108.486 0.969
202109 0.970 109.435 1.108
202112 1.083 110.384 1.227
202203 0.932 113.968 1.023
202206 0.975 115.760 1.053
202209 0.984 118.818 1.036
202212 1.363 119.345 1.428
202303 1.207 122.402 1.233
202306 0.962 123.140 0.977
202309 1.109 124.195 1.117
202312 1.138 123.773 1.150
202403 1.177 125.038 1.177

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.


Evotec SE  (XTER:EVT) 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.


Evotec SE Cyclically Adjusted PS Ratio Related Terms

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


Evotec SE (XTER:EVT) Business Description

Industry
Address
Essener Bogen 7, Manfred Eigen Campus, Hamburg, DEU, 22419
Evotec SE is a drug discovery partnership company providing solutions to pharmaceutical & biotechnology companies, academic institutions as well as foundations, and not-for-profit organizations. The company offers its services in the area of neuronal diseases, diabetes & its complications, pain, inflammation, oncology, infectious diseases, respiratory & fibrosis, rare disease, and women's health. Its business segments are EVT Execute and EVT Innovate. The EVT Execute segment provides stand-alone drug discovery services on a typical fee-for-service basis or integrated drug discovery collaborations. The EVT Innovate segment develops drug discovery programs and assets, both internally and through academic collaborations. The majority of its revenue is derived from the EVT Execute segment.
Executives
Dr. Werner Lanthaler Board of Directors

Evotec SE (XTER:EVT) Headlines