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Pininfarina Spa (FRA:PNF) Cyclically Adjusted PS Ratio : 0.47 (As of Jun. 10, 2024)


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What is Pininfarina Spa Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Pininfarina Spa's current share price is €0.726. Pininfarina Spa's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.56. Pininfarina Spa's Cyclically Adjusted PS Ratio for today is 0.47.

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

FRA:PNF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.59   Max: 0.94
Current: 0.47

During the past years, Pininfarina Spa's highest Cyclically Adjusted PS Ratio was 0.94. The lowest was 0.44. And the median was 0.59.

FRA:PNF's Cyclically Adjusted PS Ratio is ranked better than
59.9% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.67 vs FRA:PNF: 0.47

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.

Pininfarina Spa's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.387. 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 €1.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pininfarina Spa Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pininfarina Spa'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.

Pininfarina Spa Cyclically Adjusted PS Ratio Chart

Pininfarina Spa 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 0.79 0.70 0.59 0.48 0.47

Pininfarina Spa 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 0.48 0.49 0.48 0.47 0.46

Competitive Comparison of Pininfarina Spa's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Pininfarina Spa'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.


Pininfarina Spa's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pininfarina Spa's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Pininfarina Spa 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.

Pininfarina Spa's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.726/1.56
=0.47

* 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.

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

For example, Pininfarina Spa'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)
=0.387/120.2000*120.2000
=0.387

Current CPI (Mar. 2024) = 120.2000.

Pininfarina Spa Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.442 100.093 0.531
201409 0.524 99.814 0.631
201412 0.589 99.721 0.710
201503 0.402 99.814 0.484
201506 0.479 100.279 0.574
201509 0.411 100.000 0.494
201512 0.457 99.814 0.550
201603 0.403 99.600 0.486
201606 0.354 99.900 0.426
201609 0.329 100.100 0.395
201612 0.373 100.300 0.447
201703 0.346 101.000 0.412
201706 0.641 101.100 0.762
201709 0.374 101.200 0.444
201712 0.443 101.200 0.526
201803 0.478 101.800 0.564
201806 0.476 102.400 0.559
201809 0.400 102.600 0.469
201812 0.482 102.300 0.566
201903 0.420 102.800 0.491
201906 0.371 103.100 0.433
201909 0.394 102.900 0.460
201912 0.358 102.800 0.419
202003 0.335 102.900 0.391
202006 0.237 102.900 0.277
202009 0.302 102.300 0.355
202012 0.316 102.600 0.370
202103 0.276 103.700 0.320
202106 0.296 104.200 0.341
202109 0.217 104.900 0.249
202112 0.196 106.600 0.221
202203 0.210 110.400 0.229
202206 0.230 112.500 0.246
202209 0.252 114.200 0.265
202212 0.150 119.000 0.152
202303 0.216 118.800 0.219
202306 0.287 119.700 0.288
202309 0.318 120.300 0.318
202312 0.253 119.700 0.254
202403 0.387 120.200 0.387

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.


Pininfarina Spa  (FRA:PNF) 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.


Pininfarina Spa Cyclically Adjusted PS Ratio Related Terms

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


Pininfarina Spa (FRA:PNF) Business Description

Traded in Other Exchanges
Address
Via Nazionale 30, Cambiano, Turin, ITA, 10020
Pininfarina Spa is an Italian company engaged in the production, development, designing, engineering, and manufacturing of vehicles in Italy, Germany, and China. It offers various services including automotive design, transportation design, architecture, and interior design in the fields of residential, hospitality, sport and commercial structures, industrial design, engineering, wind tunnel, sustainable mobility, and exclusive vehicles - restorations. The company has two reportable segments design and engineering, majority of revenue is generated from the Design segment. The company's geographical segment consists of Italy, Germany, China, USA. The majority of revenue is generated from non-EU countries.

Pininfarina Spa (FRA:PNF) Headlines