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Prysmian SpA (MIL:PRY) Cyclically Adjusted PS Ratio : 1.27 (As of May. 28, 2024)


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What is Prysmian SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Prysmian SpA's current share price is €60.94. Prysmian SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €48.07. Prysmian SpA's Cyclically Adjusted PS Ratio for today is 1.27.

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

MIL:PRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.74   Max: 1.24
Current: 1.24

During the past years, Prysmian SpA's highest Cyclically Adjusted PS Ratio was 1.24. The lowest was 0.40. And the median was 0.74.

MIL:PRY's Cyclically Adjusted PS Ratio is ranked better than
55.56% of 2194 companies
in the Industrial Products industry
Industry Median: 1.42 vs MIL:PRY: 1.24

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.

Prysmian SpA's adjusted revenue per share data for the three months ended in Mar. 2024 was €12.587. 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 €48.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prysmian SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Prysmian 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.

Prysmian SpA Cyclically Adjusted PS Ratio Chart

Prysmian 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 0.60 0.79 0.85 0.76 0.87

Prysmian 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 0.84 0.82 0.80 0.87 1.01

Competitive Comparison of Prysmian SpA's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Prysmian 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.


Prysmian SpA's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Prysmian 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=60.94/48.07
=1.27

* 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.

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

For example, Prysmian 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)
=12.587/120.2000*120.2000
=12.587

Current CPI (Mar. 2024) = 120.2000.

Prysmian SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.800 100.093 9.367
201409 7.805 99.814 9.399
201412 8.612 99.721 10.381
201503 7.919 99.814 9.536
201506 8.967 100.279 10.748
201509 8.276 100.000 9.948
201512 8.095 99.814 9.748
201603 8.175 99.600 9.866
201606 8.922 99.900 10.735
201609 8.467 100.100 10.167
201612 8.100 100.300 9.707
201703 7.918 101.000 9.423
201706 9.610 101.100 11.426
201709 8.872 101.200 10.538
201712 8.993 101.200 10.681
201803 8.405 101.800 9.924
201806 10.432 102.400 12.245
201809 11.137 102.600 13.047
201812 10.686 102.300 12.556
201903 10.533 102.800 12.316
201906 11.699 103.100 13.639
201909 10.591 102.900 12.372
201912 10.950 102.800 12.803
202003 9.826 102.900 11.478
202006 9.109 102.900 10.640
202009 9.507 102.300 11.170
202012 9.594 102.600 11.240
202103 10.644 103.700 12.338
202106 12.240 104.200 14.119
202109 12.376 104.900 14.181
202112 12.944 106.600 14.595
202203 13.894 110.400 15.127
202206 16.213 112.500 17.323
202209 15.712 114.200 16.537
202212 14.873 119.000 15.023
202303 14.606 118.800 14.778
202306 14.715 119.700 14.776
202309 14.021 120.300 14.009
202312 10.120 119.700 10.162
202403 12.587 120.200 12.587

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.


Prysmian SpA  (MIL:PRY) 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.


Prysmian SpA Cyclically Adjusted PS Ratio Related Terms

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


Prysmian SpA (MIL:PRY) Business Description

Address
Via Chiese 6, MIlan, ITA, 20126
Prysmian SpA is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments--Projects, which focuses on the execution of underground and submarine cable projects; Energy Products, which provides power distribution, and industrial and network components; and Telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in the Europe, Middle East, and Africa regions, with the rest coming from North America, Latin America, and Asia-Pacific regions.

Prysmian SpA (MIL:PRY) Headlines