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Euronext NV (LTS:0QVJ) Cyclically Adjusted PS Ratio : 7.55 (As of May. 16, 2024)


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What is Euronext NV Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Euronext NV's current share price is €87.20. Euronext NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €11.55. Euronext NV's Cyclically Adjusted PS Ratio for today is 7.55.

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

LTS:0QVJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.49   Med: 7.43   Max: 11.76
Current: 7.56

During the past years, Euronext NV's highest Cyclically Adjusted PS Ratio was 11.76. The lowest was 5.49. And the median was 7.43.

LTS:0QVJ's Cyclically Adjusted PS Ratio is ranked worse than
73.79% of 580 companies
in the Capital Markets industry
Industry Median: 3.135 vs LTS:0QVJ: 7.56

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.

Euronext NV's adjusted revenue per share data for the three months ended in Dec. 2023 was €10.607. 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 €11.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euronext NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Euronext NV'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.

Euronext NV Cyclically Adjusted PS Ratio Chart

Euronext NV 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 - 9.49 9.42 6.33 6.84

Euronext NV 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 6.43 5.59 6.15 6.84 -

Competitive Comparison of Euronext NV's Cyclically Adjusted PS Ratio

For the Financial Data & Stock Exchanges subindustry, Euronext NV'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.


Euronext NV's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Euronext NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Euronext NV 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.

Euronext NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.20/11.55
=7.55

* 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.

Euronext NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Euronext NV'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)
=10.607/126.4500*126.4500
=10.607

Current CPI (Dec. 2023) = 126.4500.

Euronext NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.494 99.390 1.901
201406 1.622 99.240 2.067
201409 1.581 99.960 2.000
201412 1.689 99.050 2.156
201503 1.680 99.750 2.130
201506 1.694 100.230 2.137
201509 1.729 100.500 2.175
201512 1.644 99.730 2.084
201603 1.659 100.310 2.091
201606 1.715 100.260 2.163
201609 1.473 100.570 1.852
201612 1.629 100.710 2.045
201703 1.657 101.440 2.066
201706 1.786 101.370 2.228
201709 1.686 102.030 2.090
201712 1.821 101.970 2.258
201803 1.968 102.470 2.429
201806 2.035 103.100 2.496
201809 1.964 103.950 2.389
201812 6.070 103.970 7.382
201903 1.987 105.370 2.385
201906 2.080 105.840 2.485
201909 -1.694 106.700 -2.008
201912 6.454 106.800 7.641
202003 3.078 106.850 3.643
202006 2.763 107.510 3.250
202009 -3.183 107.880 -3.731
202012 8.879 107.850 10.410
202103 3.267 108.870 3.795
202106 3.444 109.670 3.971
202109 -2.095 110.790 -2.391
202112 8.710 114.010 9.660
202203 3.708 119.460 3.925
202206 3.465 119.050 3.680
202209 -4.337 126.890 -4.322
202212 10.362 124.940 10.487
202303 3.478 124.720 3.526
202306 3.428 125.830 3.445
202309 -3.555 127.160 -3.535
202312 10.607 126.450 10.607

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.


Euronext NV  (LTS:0QVJ) 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.


Euronext NV Cyclically Adjusted PS Ratio Related Terms

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


Euronext NV (LTS:0QVJ) Business Description

Traded in Other Exchanges
Address
Beursplein 5, Amsterdam, NLD, 1012 JW
Euronext is a financial exchange group with trading venues in Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo, and Paris, covering primarily cash equities, fixed income, and index and single stock derivatives. With the acquisition of Borsa Italiana, Euronext has also taken control of CC&G, the Italian multi-asset clearing house, as well as Monte Titoli, the Italian central securities depository. This complements Euronext's other CSDs in Norway, Denmark and Portugal. Euronext is the owner of the CAC40, AEX, BEL 20, ISEQ 20, OBX, and PSI 20 indexes.

Euronext NV (LTS:0QVJ) Headlines

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