GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allerthal-Werke AG (FRA:ATW) » Definitions » Cyclically Adjusted PS Ratio

Allerthal-Werke AG (FRA:ATW) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


View and export this data going back to . Start your Free Trial

What is Allerthal-Werke AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allerthal-Werke AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allerthal-Werke 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.

Allerthal-Werke AG Cyclically Adjusted PS Ratio Chart

Allerthal-Werke 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 9.00 6.95 8.81 6.36 5.14

Allerthal-Werke 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 8.81 - 6.36 - 5.14

Competitive Comparison of Allerthal-Werke AG's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Allerthal-Werke 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.


Allerthal-Werke AG's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allerthal-Werke AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Allerthal-Werke 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.

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

For example, Allerthal-Werke 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)
=3.175/123.7729*123.7729
=3.175

Current CPI (Dec23) = 123.7729.

Allerthal-Werke AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.679 99.543 3.331
201512 5.344 99.717 6.633
201612 2.705 101.217 3.308
201712 4.415 102.617 5.325
201812 3.159 104.217 3.752
201912 2.212 105.818 2.587
202012 5.953 105.518 6.983
202112 4.079 110.384 4.574
202212 4.826 119.345 5.005
202312 3.175 123.773 3.175

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.


Allerthal-Werke AG  (FRA:ATW) 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.


Allerthal-Werke AG Cyclically Adjusted PS Ratio Related Terms

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


Allerthal-Werke AG (FRA:ATW) Business Description

Traded in Other Exchanges
Address
Friesenstrasse 50, Cologne, DEU, 50670
Allerthal-Werke AG is an investment holding company with business operations located in Germany. The company will typically invest in common stock share classes and second-line stocks.

Allerthal-Werke AG (FRA:ATW) Headlines

From GuruFocus

Atwood Oceanics: Strong Growth Outlook To Trigger Upside

By Faisal Humayun Faisal Humayun 06-16-2014

Atwood Oceanics Has A Potential To Grow

By Subia Khan Value Investor 01-05-2015

Atwood Oceanics: Positioned for Upside on Industry Recovery

By Faisal Humayun Faisal Humayun 02-07-2017

8 Stocks Van Den Berg Continues to Buy

By Tiziano Frateschi Tiziano Frateschi 05-03-2017

Atwood Oceanics: Worth Accumulating After Results

By Faisal Humayun Faisal Humayun 05-05-2015

Bruce Berkowitz Comments on Atwood Oceanics

By Holly LaFon Holly LaFon 01-31-2017

Ben Graham's Lessons on Liquidating Value

By Brian Flores, CFA Brian Flores 02-10-2016

Arnold Van Den Berg Sells Coca-Cola, DaVita

By Tiziano Frateschi Tiziano Frateschi 07-20-2016

Atwood Oceanics Discounting 2016 Concerns

By Faisal Humayun Faisal Humayun 08-05-2015

Atwood Is Well Positioned Among Offshore Drillers

By Subia Khan Value Investor 07-13-2015