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Credit Suisse Group AG (Credit Suisse Group AG) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Credit Suisse Group AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Suisse Group AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Credit Suisse Group 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.

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Credit Suisse Group AG Cyclically Adjusted PS Ratio Chart

Credit Suisse Group AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
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Credit Suisse Group AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of Credit Suisse Group AG's Cyclically Adjusted PS Ratio

For the Banks - Diversified subindustry, Credit Suisse Group 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.


Credit Suisse Group AG's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Credit Suisse Group AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Credit Suisse Group 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.

Credit Suisse Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, Credit Suisse Group AG's adjusted Revenue per Share data for the three months ended in Dec. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=1.04/104.6662*104.6662
=1.040

Current CPI (Dec. 2022) = 104.6662.

Credit Suisse Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 4.473 101.221 4.625
201306 3.859 101.466 3.981
201309 3.125 101.336 3.228
201312 3.448 101.036 3.572
201403 3.946 101.224 4.080
201406 3.711 101.517 3.826
201409 3.582 101.247 3.703
201412 3.046 100.704 3.166
201503 3.400 100.339 3.547
201506 3.656 100.464 3.809
201509 2.980 99.785 3.126
201512 1.890 99.386 1.990
201603 1.933 99.475 2.034
201606 2.133 100.088 2.231
201609 1.893 99.604 1.989
201612 1.942 99.380 2.045
201703 2.128 100.040 2.226
201706 1.859 100.285 1.940
201709 1.712 100.254 1.787
201712 1.768 100.213 1.847
201803 1.931 100.836 2.004
201806 1.896 101.435 1.956
201809 1.686 101.246 1.743
201812 1.609 100.906 1.669
201903 1.788 101.571 1.842
201906 1.865 102.044 1.913
201909 1.841 101.396 1.900
201912 2.069 101.063 2.143
202003 2.120 101.048 2.196
202006 2.310 100.743 2.400
202009 1.987 100.585 2.068
202012 2.210 100.241 2.308
202103 1.098 100.800 1.140
202106 1.786 101.352 1.844
202109 2.241 101.533 2.310
202112 1.753 101.776 1.803
202203 1.711 103.205 1.735
202206 1.293 104.783 1.292
202209 1.285 104.835 1.283
202212 1.040 104.666 1.040

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.


Credit Suisse Group AG  (NYSE:CS) 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.


Credit Suisse Group AG Cyclically Adjusted PS Ratio Related Terms

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Credit Suisse Group AG (Credit Suisse Group AG) Business Description

Traded in Other Exchanges
N/A
Address
Paradeplatz 8, Zurich, CHE, 8001
Credit Suisse runs a global wealth management business, a global investment bank and is one of the two dominant Swiss retail and commercial banks. Geographically its business is tilted toward Europe and the Asia-Pacific.

Credit Suisse Group AG (Credit Suisse Group AG) Headlines

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