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Century Communities (FRA:CCT) Cyclically Adjusted PS Ratio : 0.91 (As of Jun. 10, 2024)


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What is Century Communities Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Century Communities's current share price is €76.50. Century Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €84.22. Century Communities's Cyclically Adjusted PS Ratio for today is 0.91.

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

FRA:CCT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.84   Max: 1.08
Current: 0.87

During the past years, Century Communities's highest Cyclically Adjusted PS Ratio was 1.08. The lowest was 0.56. And the median was 0.84.

FRA:CCT's Cyclically Adjusted PS Ratio is ranked worse than
51.28% of 78 companies
in the Homebuilding & Construction industry
Industry Median: 0.88 vs FRA:CCT: 0.87

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.

Century Communities's adjusted revenue per share data for the three months ended in Mar. 2024 was €27.068. 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 €84.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Communities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Century Communities'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.

Century Communities Cyclically Adjusted PS Ratio Chart

Century Communities 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 - - - 0.65 1.02

Century Communities 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 0.80 0.92 0.77 1.02 1.03

Competitive Comparison of Century Communities's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Century Communities'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.


Century Communities's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Century Communities's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Century Communities 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.

Century Communities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.50/84.22
=0.91

* 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.

Century Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Century Communities's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=27.068/131.7762*131.7762
=27.068

Current CPI (Mar. 2024) = 131.7762.

Century Communities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.325 100.560 4.357
201409 3.377 100.428 4.431
201412 5.442 99.070 7.239
201503 7.048 99.621 9.323
201506 8.194 100.684 10.724
201509 7.903 100.392 10.374
201512 9.188 99.792 12.133
201603 8.008 100.470 10.503
201606 11.138 101.688 14.434
201609 10.844 101.861 14.029
201612 13.438 101.863 17.384
201703 9.827 102.862 12.589
201706 11.612 103.349 14.806
201709 12.384 104.136 15.671
201712 15.591 104.011 19.753
201803 10.924 105.290 13.672
201806 15.091 106.317 18.705
201809 15.755 106.507 19.493
201812 18.487 105.998 22.983
201903 15.496 107.251 19.040
201906 17.948 108.070 21.885
201909 17.344 108.329 21.098
201912 21.731 108.420 26.412
202003 16.291 108.902 19.713
202006 20.605 108.767 24.964
202009 19.994 109.815 23.992
202012 24.044 109.897 28.831
202103 25.003 111.754 29.483
202106 25.492 114.631 29.305
202109 23.624 115.734 26.899
202112 30.940 117.630 34.661
202203 27.189 121.301 29.537
202206 33.201 125.017 34.996
202209 35.485 125.227 37.341
202212 34.583 125.222 36.393
202303 21.898 127.348 22.659
202306 24.163 128.729 24.735
202309 25.852 129.860 26.234
202312 34.296 129.419 34.921
202403 27.068 131.776 27.068

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.


Century Communities  (FRA:CCT) 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.


Century Communities Cyclically Adjusted PS Ratio Related Terms

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


Century Communities (FRA:CCT) Business Description

Traded in Other Exchanges
Address
8390 East Crescent Parkway, Suite 650, Greenwood Village, CO, USA, 80111
Century Communities Inc is a construction company that focuses on the residential market. It has five homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete. Its sixth reportable segment is financial services operations, which provides mortgage, title, and insurance services to homebuyers. It has acquired land for homebuilding operations with the primary intent to develop and construct single-family detached or attached homes for sale on the acquired land. The company sells homes through its own sales representatives and independent real estate brokers. It also advertises directly to potential homebuyers through the Internet, newspapers, and trade publications. The company generates the most revenue from the Mountain segment.