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Essilorluxottica (Essilorluxottica) Cyclically Adjusted PS Ratio : 4.76 (As of May. 16, 2024)


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What is Essilorluxottica Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Essilorluxottica's current share price is $227.02. Essilorluxottica's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $47.69. Essilorluxottica's Cyclically Adjusted PS Ratio for today is 4.76.

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

ESLOF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.16   Med: 4.67   Max: 6.61
Current: 4.79

During the past 13 years, Essilorluxottica's highest Cyclically Adjusted PS Ratio was 6.61. The lowest was 3.16. And the median was 4.67.

ESLOF's Cyclically Adjusted PS Ratio is ranked worse than
67.72% of 474 companies
in the Medical Devices & Instruments industry
Industry Median: 2.185 vs ESLOF: 4.79

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.

Essilorluxottica's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $60.118. 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 $47.69 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essilorluxottica Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Essilorluxottica'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.

Essilorluxottica Cyclically Adjusted PS Ratio Chart

Essilorluxottica 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 4.39 3.96 5.30 4.21 4.09

Essilorluxottica 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 5.30 - 4.21 - 4.09

Competitive Comparison of Essilorluxottica's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Essilorluxottica'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.


Essilorluxottica's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Essilorluxottica's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Essilorluxottica 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.

Essilorluxottica's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=227.02/47.69
=4.76

* 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.

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

For example, Essilorluxottica'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)
=60.118/118.3900*118.3900
=60.118

Current CPI (Dec23) = 118.3900.

Essilorluxottica Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 31.847 99.860 37.757
201512 33.054 100.040 39.117
201612 33.504 100.650 39.409
201712 48.198 101.850 56.025
201812 45.304 103.470 51.837
201912 42.861 104.980 48.336
202012 39.127 104.960 44.133
202112 49.195 107.850 54.003
202212 56.972 114.160 59.083
202312 60.118 118.390 60.118

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.


Essilorluxottica  (OTCPK:ESLOF) 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.


Essilorluxottica Cyclically Adjusted PS Ratio Related Terms

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


Essilorluxottica (Essilorluxottica) Business Description

Address
147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220
EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 36% of sales in Europe, 47% in North America, and the rest in Asia and Latin America.

Essilorluxottica (Essilorluxottica) Headlines

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