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Piquadro SpA (MIL:PQ) Cyclically Adjusted PS Ratio : 0.87 (As of Jun. 01, 2024)


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What is Piquadro SpA Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Piquadro SpA's current share price is €2.18. Piquadro SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was €2.52. Piquadro SpA's Cyclically Adjusted PS Ratio for today is 0.87.

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

MIL:PQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.91   Max: 1.67
Current: 0.87

During the past 13 years, Piquadro SpA's highest Cyclically Adjusted PS Ratio was 1.67. The lowest was 0.13. And the median was 0.91.

MIL:PQ's Cyclically Adjusted PS Ratio is ranked worse than
57.14% of 861 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs MIL:PQ: 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.

Piquadro SpA's adjusted revenue per share data of for the fiscal year that ended in Mar23 was €3.650. 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 €2.52 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piquadro SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Piquadro 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.

Piquadro SpA Cyclically Adjusted PS Ratio Chart

Piquadro SpA Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.85 1.07 0.87 0.71

Piquadro SpA Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.87 - 0.71 -

Competitive Comparison of Piquadro SpA's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Piquadro 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.


Piquadro SpA's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Piquadro 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.

Piquadro SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.18/2.52
=0.87

* 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.

Piquadro SpA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Piquadro SpA's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=3.65/118.8000*118.8000
=3.650

Current CPI (Mar23) = 118.8000.

Piquadro SpA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.209 99.907 1.438
201503 1.254 99.814 1.493
201603 1.386 99.600 1.653
201703 1.518 101.000 1.786
201803 1.953 101.800 2.279
201903 2.949 102.800 3.408
202003 3.045 102.900 3.516
202103 2.302 103.700 2.637
202203 3.084 110.400 3.319
202303 3.650 118.800 3.650

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.


Piquadro SpA  (MIL:PQ) 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.


Piquadro SpA Cyclically Adjusted PS Ratio Related Terms

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


Piquadro SpA (MIL:PQ) Business Description

Traded in Other Exchanges
Address
Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. The company designs, manufactures and markets goods under its own brand name. Its products include women's bags, travel bags, briefcases, belts, wallets, key rings, cigar cases among others. The company's operating segment includes Piquadro; The Bridge and Lancel. It generates maximum revenue from the Lancel segment. Geographically, it derives a majority of revenue from Europe and also has a presence in Italy and the Rest of the World.

Piquadro SpA (MIL:PQ) Headlines

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