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A2A SpA (MIL:A2A) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is A2A SpA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


A2A SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for A2A 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.

A2A SpA Cyclically Adjusted PS Ratio Chart

A2A 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 - - - 0.49 -

A2A SpA Quarterly Data
Jun16 Sep16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 0.49 - 0.64 - -

Competitive Comparison of A2A SpA's Cyclically Adjusted PS Ratio

For the Utilities - Diversified subindustry, A2A 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.


A2A SpA's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, A2A SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A2A SpA's Cyclically Adjusted PS Ratio falls into.



A2A 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.

A2A SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, A2A SpA'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)
=0/119.7000*119.7000
=0.000

Current CPI (Dec. 2023) = 119.7000.

A2A SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201103 0.555 94.791 0.701
201106 0.397 95.442 0.498
201109 0.410 96.000 0.511
201112 0.579 96.837 0.716
201203 0.615 97.954 0.752
201206 0.426 98.605 0.517
201209 0.497 99.070 0.600
201212 0.485 99.070 0.586
201303 0.495 99.535 0.595
201306 0.387 99.814 0.464
201309 0.381 100.000 0.456
201312 0.472 99.721 0.567
201403 0.454 99.907 0.544
201406 0.343 100.093 0.410
201409 0.318 99.814 0.381
201412 0.418 99.721 0.502
201503 0.431 99.814 0.517
201506 0.334 100.279 0.399
201509 0.366 100.000 0.438
201512 0.392 99.814 0.470
201603 0.392 99.600 0.471
201606 0.313 99.900 0.375
201609 0.365 100.100 0.436
201612 0.399 100.300 0.476
201706 0.000 101.100 0.000
201712 0.000 101.200 0.000
201806 0.000 102.400 0.000
201812 0.000 102.300 0.000
201906 0.000 103.100 0.000
201912 0.000 102.800 0.000
202006 0.000 102.900 0.000
202012 0.000 102.600 0.000
202106 0.000 104.200 0.000
202112 0.000 106.600 0.000
202206 0.000 112.500 0.000
202209 2.249 114.200 2.357
202212 1.984 119.000 1.996
202306 0.000 119.700 0.000
202309 0.934 120.300 0.929
202312 0.000 119.700 0.000

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.


A2A SpA  (MIL:A2A) 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.


A2A SpA Cyclically Adjusted PS Ratio Related Terms

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A2A SpA (MIL:A2A) Business Description

Industry
Traded in Other Exchanges
Address
Via Lamarmora 230, Brescia, ITA, 25124
A2A SpA together with its subsidiaries is engaged in the production, sale, and distribution of electricity; sale and distribution of gas; production, distribution, and sale of heat through district heating networks and integrated water cycle management.

A2A SpA (MIL:A2A) Headlines

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