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ENAV SpA (MIL:ENAV) Cyclically Adjusted PS Ratio : 2.46 (As of Apr. 29, 2024)


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What is ENAV SpA Cyclically Adjusted PS Ratio?

As of today (2024-04-29), ENAV SpA's current share price is €3.892. ENAV SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €1.58. ENAV SpA's Cyclically Adjusted PS Ratio for today is 2.46.

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

MIL:ENAV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.05   Med: 2.61   Max: 2.91
Current: 2.47

During the past 11 years, ENAV SpA's highest Cyclically Adjusted PS Ratio was 2.91. The lowest was 2.05. And the median was 2.61.

MIL:ENAV's Cyclically Adjusted PS Ratio is ranked worse than
79.59% of 730 companies
in the Transportation industry
Industry Median: 0.83 vs MIL:ENAV: 2.47

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.

ENAV SpA's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €1.780. 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 €1.58 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ENAV SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ENAV SpA'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.

ENAV SpA Cyclically Adjusted PS Ratio Chart

ENAV SpA 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 - - - 2.64 2.18

ENAV SpA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 - 2.64 - - 2.18

Competitive Comparison of ENAV SpA's Cyclically Adjusted PS Ratio

For the Airports & Air Services subindustry, ENAV SpA'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.


ENAV SpA's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ENAV SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ENAV SpA 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.

ENAV SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.892/1.58
=2.46

* 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.

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

For example, ENAV SpA'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)
=1.78/119.5000*119.5000
=1.780

Current CPI (Dec23) = 119.5000.

ENAV SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.892 99.721 1.069
201512 0.909 99.814 1.088
201612 1.149 100.300 1.369
201712 1.567 101.200 1.850
201812 1.571 102.300 1.835
201912 1.605 102.800 1.866
202012 1.362 102.600 1.586
202112 1.479 106.600 1.658
202212 1.677 119.000 1.684
202312 1.780 119.500 1.780

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.


ENAV SpA  (MIL:ENAV) 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.


ENAV SpA Cyclically Adjusted PS Ratio Related Terms

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


ENAV SpA (MIL:ENAV) Business Description

Industry
Traded in Other Exchanges
Address
Via Salaria 716, Rome, ITA, 00138
ENAV SpA is an air traffic controlling firm. The company's operating segment includes Air navigation services, Maintenance services and AIM software solutions. It generates maximum revenue from the Flight assistance services segment. Geographically, it derives a majority of revenue from Italy.

ENAV SpA (MIL:ENAV) Headlines