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Alpha Services and Holdings (ATH:ALPHA) Cyclically Adjusted PS Ratio : 0.55 (As of Apr. 28, 2024)


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What is Alpha Services and Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Alpha Services and Holdings's current share price is €1.648. Alpha Services and Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €3.00. Alpha Services and Holdings's Cyclically Adjusted PS Ratio for today is 0.55.

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

ATH:ALPHA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.11   Max: 0.58
Current: 0.55

During the past years, Alpha Services and Holdings's highest Cyclically Adjusted PS Ratio was 0.58. The lowest was 0.05. And the median was 0.11.

ATH:ALPHA's Cyclically Adjusted PS Ratio is ranked better than
94.68% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs ATH:ALPHA: 0.55

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.

Alpha Services and Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.176. 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 €3.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alpha Services and Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alpha Services and Holdings'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.

Alpha Services and Holdings Cyclically Adjusted PS Ratio Chart

Alpha Services and Holdings 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 0.14 0.57 0.07 0.13 0.51

Alpha Services and Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.13 0.26 0.42 0.38 0.51

Competitive Comparison of Alpha Services and Holdings's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Alpha Services and Holdings'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.


Alpha Services and Holdings's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

* The bar in red indicates where Alpha Services and Holdings's Cyclically Adjusted PS Ratio falls into.



Alpha Services and Holdings 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.

Alpha Services and Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.648/3
=0.55

* 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.

Alpha Services and Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alpha Services and Holdings's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.176/116.4647*116.4647
=0.176

Current CPI (Dec. 2023) = 116.4647.

Alpha Services and Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.778 102.748 3.149
201406 2.366 103.060 2.674
201409 2.375 102.624 2.695
201412 2.148 100.254 2.495
201503 2.343 100.549 2.714
201506 2.298 100.838 2.654
201509 2.277 100.856 2.629
201512 0.295 100.087 0.343
201603 0.370 99.041 0.435
201606 0.409 100.121 0.476
201609 0.383 99.878 0.447
201612 0.427 100.110 0.497
201703 0.391 100.770 0.452
201706 0.387 101.138 0.446
201709 0.429 100.882 0.495
201712 0.393 100.762 0.454
201803 0.487 100.534 0.564
201806 0.403 102.121 0.460
201809 0.408 101.982 0.466
201812 0.380 101.330 0.437
201903 0.365 101.482 0.419
201906 0.385 101.837 0.440
201909 0.363 101.906 0.415
201912 0.396 102.120 0.452
202003 0.359 101.479 0.412
202006 0.390 100.239 0.453
202009 0.332 99.886 0.387
202012 0.575 99.751 0.671
202103 0.354 99.817 0.413
202106 -1.053 101.270 -1.211
202109 0.188 102.095 0.214
202112 0.166 104.853 0.184
202203 0.217 108.651 0.233
202206 0.302 113.517 0.310
202209 0.215 114.371 0.219
202212 0.144 112.428 0.149
202303 0.223 113.620 0.229
202306 0.243 115.515 0.245
202309 0.255 116.234 0.256
202312 0.176 116.465 0.176

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.


Alpha Services and Holdings  (ATH:ALPHA) 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.


Alpha Services and Holdings Cyclically Adjusted PS Ratio Related Terms

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


Alpha Services and Holdings (ATH:ALPHA) Business Description

Traded in Other Exchanges
Address
40 Stadiou Street, Athens, GRC, 102 52
Alpha Services and Holdings SA formerly Alpha Bank AE is the parent company of the Alpha Bank Group, which offers a diverse range of financial and non-financial services, including corporate and retail banking, investment banking, brokerage services, insurance services, real estate management, and hotel services. Alpha Brank primarily operates in Greece but generates some substantive revenue from Southeastern Europe. The vast majority of the group's income is generated by its retail banking and investment banking segments, mostly through net interest income. The bank's retail banking portfolio primarily includes home mortgages, as well as consumer loans, and loans to small businesses.

Alpha Services and Holdings (ATH:ALPHA) Headlines

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