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Euronext NV (Euronext NV) Cyclically Adjusted PS Ratio : 8.35 (As of Jun. 09, 2024)


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What is Euronext NV Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Euronext NV's current share price is $20.12. Euronext NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.41. Euronext NV's Cyclically Adjusted PS Ratio for today is 8.35.

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

ERNXY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.49   Med: 7.44   Max: 11.76
Current: 8.16

During the past years, Euronext NV's highest Cyclically Adjusted PS Ratio was 11.76. The lowest was 5.49. And the median was 7.44.

ERNXY's Cyclically Adjusted PS Ratio is ranked worse than
74.83% of 592 companies
in the Capital Markets industry
Industry Median: 3.09 vs ERNXY: 8.16

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 $2.313. 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 $2.41 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
=20.12/2.41
=8.35

* 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)
=2.313/126.4500*126.4500
=2.313

Current CPI (Dec. 2023) = 126.4500.

Euronext NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.413 99.390 0.525
201406 0.441 99.240 0.562
201409 0.407 99.960 0.515
201412 0.417 99.050 0.532
201503 0.364 99.750 0.461
201506 0.380 100.230 0.479
201509 0.388 100.500 0.488
201512 0.358 99.730 0.454
201603 0.369 100.310 0.465
201606 0.385 100.260 0.486
201609 0.331 100.570 0.416
201612 0.344 100.710 0.432
201703 0.355 101.440 0.443
201706 0.401 101.370 0.500
201709 0.402 102.030 0.498
201712 0.431 101.970 0.534
201803 0.485 102.470 0.598
201806 0.475 103.100 0.583
201809 0.458 103.950 0.557
201812 1.381 103.970 1.680
201903 0.449 105.370 0.539
201906 0.470 105.840 0.562
201909 -0.373 106.700 -0.442
201912 1.434 106.800 1.698
202003 0.680 106.850 0.805
202006 0.622 107.510 0.732
202009 -0.750 107.880 -0.879
202012 2.160 107.850 2.533
202103 0.778 108.870 0.904
202106 0.830 109.670 0.957
202109 -0.493 110.790 -0.563
202112 1.968 114.010 2.183
202203 0.817 119.460 0.865
202206 0.733 119.050 0.779
202209 -0.859 126.890 -0.856
202212 2.195 124.940 2.222
202303 0.745 124.720 0.755
202306 0.743 125.830 0.747
202309 -0.759 127.160 -0.755
202312 2.313 126.450 2.313

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  (OTCPK:ERNXY) 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 (Euronext NV) 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.

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