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Sika AG (XSWX:SIKA) Cyclically Adjusted PS Ratio : 5.11 (As of Apr. 28, 2024)


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What is Sika AG Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Sika AG's current share price is CHF264.20. Sika AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was CHF51.70. Sika AG's Cyclically Adjusted PS Ratio for today is 5.11.

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

XSWX:SIKA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 3.98   Max: 9.58
Current: 5.11

During the past 13 years, Sika AG's highest Cyclically Adjusted PS Ratio was 9.58. The lowest was 1.46. And the median was 3.98.

XSWX:SIKA's Cyclically Adjusted PS Ratio is ranked worse than
88.24% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs XSWX:SIKA: 5.11

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.

Sika AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was CHF70.013. 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 CHF51.70 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sika AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sika AG'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.

Sika AG Cyclically Adjusted PS Ratio Chart

Sika AG 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 4.83 6.14 8.90 4.67 5.29

Sika AG 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 8.90 - 4.67 - 5.29

Competitive Comparison of Sika AG's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Sika AG'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.


Sika AG's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sika AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sika AG 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.

Sika AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=264.20/51.7
=5.11

* 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.

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

For example, Sika AG'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)
=70.013/106.4611*106.4611
=70.013

Current CPI (Dec23) = 106.4611.

Sika AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 36.632 100.704 38.726
201512 36.048 99.386 38.614
201612 37.734 99.380 40.423
201712 41.027 100.213 43.585
201812 47.087 100.906 49.679
201912 51.093 101.063 53.822
202012 49.223 100.241 52.278
202112 57.724 101.776 60.382
202212 68.338 104.666 69.510
202312 70.013 106.461 70.013

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.


Sika AG  (XSWX:SIKA) 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.


Sika AG Cyclically Adjusted PS Ratio Related Terms

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


Sika AG (XSWX:SIKA) Business Description

Industry
Address
Zugerstrasse 50, Baar, CHE, 6340
Sika AG manufactures and sells specialty chemical-based products. The majority of the company's revenue comes from the construction industry. Sika's products are used mainly for bonding, sealing, damping, reinforcing, and protecting in the building and motor vehicle industries. The firm produces additives for concrete, cement, and mortar production, waterproofing systems, roof waterproofing, flooring solutions, sealants, adhesive tapes, assembly foams and elastic adhesives for facade construction, interior and infrastructure construction, as well as concrete protection and repair solutions. The company's reportable segments are based on geography: EMEA, the Americas; Asia-Pacific; and global business. The EMEA segment generates the majority of revenue.

Sika AG (XSWX:SIKA) Headlines

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