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CTT-Correios de Portugal (CTT-Correios de Portugal) Cyclically Adjusted PS Ratio : 0.66 (As of Apr. 29, 2024)


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What is CTT-Correios de Portugal Cyclically Adjusted PS Ratio?

As of today (2024-04-29), CTT-Correios de Portugal's current share price is $8.015. CTT-Correios de Portugal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $12.21. CTT-Correios de Portugal's Cyclically Adjusted PS Ratio for today is 0.66.

The historical rank and industry rank for CTT-Correios de Portugal's Cyclically Adjusted PS Ratio or its related term are showing as below:

CTTPY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.64   Max: 1.05
Current: 0.77

During the past years, CTT-Correios de Portugal's highest Cyclically Adjusted PS Ratio was 1.05. The lowest was 0.49. And the median was 0.64.

CTTPY's Cyclically Adjusted PS Ratio is ranked better than
51.86% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs CTTPY: 0.77

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.

CTT-Correios de Portugal's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.997. 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 $12.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CTT-Correios de Portugal Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CTT-Correios de Portugal'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.

CTT-Correios de Portugal Cyclically Adjusted PS Ratio Chart

CTT-Correios de Portugal 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 - 0.50 0.93 0.55 0.60

CTT-Correios de Portugal 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 0.55 0.63 0.61 0.60 0.60

Competitive Comparison of CTT-Correios de Portugal's Cyclically Adjusted PS Ratio

For the Integrated Freight & Logistics subindustry, CTT-Correios de Portugal'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.


CTT-Correios de Portugal's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CTT-Correios de Portugal's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CTT-Correios de Portugal's Cyclically Adjusted PS Ratio falls into.



CTT-Correios de Portugal 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.

CTT-Correios de Portugal's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.015/12.21
=0.66

* 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.

CTT-Correios de Portugal's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CTT-Correios de Portugal'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)
=3.997/118.0324*118.0324
=3.997

Current CPI (Dec. 2023) = 118.0324.

CTT-Correios de Portugal Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.269 99.788 3.867
201406 3.241 99.967 3.827
201409 3.018 99.617 3.576
201412 3.179 99.723 3.763
201503 2.775 100.097 3.272
201506 2.626 100.769 3.076
201509 2.694 100.489 3.164
201512 2.675 100.119 3.154
201603 2.619 100.547 3.074
201606 2.442 101.319 2.845
201609 2.598 101.122 3.032
201612 2.513 100.998 2.937
201703 2.595 101.924 3.005
201706 2.630 102.240 3.036
201709 2.255 102.527 2.596
201712 2.866 102.479 3.301
201803 2.928 102.626 3.368
201806 2.818 103.790 3.205
201809 2.997 103.960 3.403
201812 2.820 103.159 3.227
201903 2.684 103.495 3.061
201906 3.061 104.192 3.468
201909 2.642 103.844 3.003
201912 2.936 103.592 3.345
202003 2.643 103.544 3.013
202006 2.691 104.323 3.045
202009 2.755 103.699 3.136
202012 3.361 103.354 3.838
202103 3.241 104.014 3.678
202106 3.518 104.852 3.960
202109 3.051 105.232 3.422
202112 3.125 106.191 3.473
202203 3.448 109.559 3.715
202206 2.806 114.003 2.905
202209 2.645 114.999 2.715
202212 3.360 116.377 3.408
202303 3.491 117.701 3.501
202306 3.514 117.872 3.519
202309 3.536 119.111 3.504
202312 3.997 118.032 3.997

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.


CTT-Correios de Portugal  (GREY:CTTPY) 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.


CTT-Correios de Portugal Cyclically Adjusted PS Ratio Related Terms

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


CTT-Correios de Portugal (CTT-Correios de Portugal) Business Description

Traded in Other Exchanges
Address
Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001
CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next largest segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns most of its revenue domestically.

CTT-Correios de Portugal (CTT-Correios de Portugal) Headlines