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PVA TePla AG (FRA:TPE) Cyclically Adjusted PS Ratio : 2.68 (As of Jun. 08, 2024)


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What is PVA TePla AG Cyclically Adjusted PS Ratio?

As of today (2024-06-08), PVA TePla AG's current share price is €18.92. PVA TePla AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.05. PVA TePla AG's Cyclically Adjusted PS Ratio for today is 2.68.

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

FRA:TPE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.33   Med: 3.07   Max: 9.66
Current: 2.67

During the past years, PVA TePla AG's highest Cyclically Adjusted PS Ratio was 9.66. The lowest was 1.33. And the median was 3.07.

FRA:TPE's Cyclically Adjusted PS Ratio is ranked worse than
70.79% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs FRA:TPE: 2.67

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.

PVA TePla AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.873. 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 €7.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PVA TePla AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PVA TePla 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.

PVA TePla AG Cyclically Adjusted PS Ratio Chart

PVA TePla 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 3.26 4.19 8.50 3.25 3.02

PVA TePla AG 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 3.59 3.02 2.35 3.02 2.68

Competitive Comparison of PVA TePla AG's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, PVA TePla 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.


PVA TePla AG's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PVA TePla AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PVA TePla AG's Cyclically Adjusted PS Ratio falls into.



PVA TePla 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.

PVA TePla AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.92/7.05
=2.68

* 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.

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

For example, PVA TePla AG'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)
=2.873/125.0381*125.0381
=2.873

Current CPI (Mar. 2024) = 125.0381.

PVA TePla AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.900 99.543 1.131
201409 0.885 99.823 1.109
201412 0.641 99.543 0.805
201503 0.767 99.717 0.962
201506 0.774 100.417 0.964
201509 0.831 100.417 1.035
201512 0.917 99.717 1.150
201603 0.783 100.017 0.979
201606 1.001 100.717 1.243
201609 1.208 101.017 1.495
201612 0.989 101.217 1.222
201703 1.073 101.417 1.323
201706 0.931 102.117 1.140
201709 0.914 102.717 1.113
201712 1.007 102.617 1.227
201803 0.870 102.917 1.057
201806 0.877 104.017 1.054
201809 1.417 104.718 1.692
201812 1.254 104.217 1.505
201903 1.205 104.217 1.446
201906 1.574 105.718 1.862
201909 1.488 106.018 1.755
201912 1.526 105.818 1.803
202003 1.123 105.718 1.328
202006 1.608 106.618 1.886
202009 1.621 105.818 1.915
202012 1.917 105.518 2.272
202103 1.360 107.518 1.582
202106 2.204 108.486 2.540
202109 1.992 109.435 2.276
202112 1.819 110.384 2.060
202203 1.561 113.968 1.713
202206 2.215 115.760 2.393
202209 2.328 118.818 2.450
202212 3.308 119.345 3.466
202303 2.735 122.402 2.794
202306 3.083 123.140 3.131
202309 2.979 124.195 2.999
202312 3.317 123.773 3.351
202403 2.873 125.038 2.873

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.


PVA TePla AG  (FRA:TPE) 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.


PVA TePla AG Cyclically Adjusted PS Ratio Related Terms

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


PVA TePla AG (FRA:TPE) Business Description

Traded in Other Exchanges
Address
Im Westpark 10-12, Wettenberg, DEU, 35435
PVA TePla AG is a Germany-based company that provides vacuum solutions for high temperature and plasma treatment processes, as well as plant engineering solutions. The company operates through two segments: Industrial Systems and Semiconductor Systems. The Industrials Systems segment specializes in the development, construction, and marketing of vacuum heat treatment furnaces for processing materials at high temperatures. The Semiconductor Systems segment generates large revenue provides systems for the semiconductor and solar industry ranging from systems for the production of silicon crystals for the semiconductor, solar and optoelectronic industry to systems for plasma treatment in the semiconductor assembly. Major revenue is derived from the Asian market.
Executives
Prof. Dr. Gernot Hebestreit Supervisory Board

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