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Tivoli A/S (OCSE:TIV) Cyclically Adjusted PS Ratio : 3.94 (As of Jun. 10, 2024)


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What is Tivoli A/S Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Tivoli A/S's current share price is kr718.00. Tivoli A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr182.03. Tivoli A/S's Cyclically Adjusted PS Ratio for today is 3.94.

The historical rank and industry rank for Tivoli A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

OCSE:TIV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.92   Med: 5.18   Max: 6.37
Current: 3.94

During the past years, Tivoli A/S's highest Cyclically Adjusted PS Ratio was 6.37. The lowest was 3.92. And the median was 5.18.

OCSE:TIV's Cyclically Adjusted PS Ratio is ranked worse than
80.59% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.43 vs OCSE:TIV: 3.94

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.

Tivoli A/S's adjusted revenue per share data for the three months ended in Mar. 2024 was kr15.771. 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 kr182.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tivoli A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tivoli A/S'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.

Tivoli A/S Cyclically Adjusted PS Ratio Chart

Tivoli A/S 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 5.16 5.06 5.33 4.43 3.93

Tivoli A/S 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 4.64 4.39 4.02 3.93 4.07

Competitive Comparison of Tivoli A/S's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Tivoli A/S'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.


Tivoli A/S's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tivoli A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Tivoli A/S's Cyclically Adjusted PS Ratio falls into.



Tivoli A/S 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.

Tivoli A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=718.00/182.03
=3.94

* 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.

Tivoli A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tivoli A/S'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)
=15.771/118.4000*118.4000
=15.771

Current CPI (Mar. 2024) = 118.4000.

Tivoli A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 38.483 99.700 45.701
201409 47.945 99.700 56.938
201412 42.890 99.400 51.088
201503 15.325 100.200 18.109
201506 42.948 100.300 50.698
201509 53.321 100.200 63.006
201512 47.156 99.800 55.945
201603 13.391 100.200 15.823
201606 42.657 100.600 50.205
201609 52.549 100.200 62.094
201612 53.926 100.300 63.657
201703 14.739 101.200 17.244
201706 43.900 101.200 51.361
201709 53.771 101.800 62.539
201712 52.335 101.300 61.169
201803 20.684 101.700 24.080
201806 50.531 102.300 58.484
201809 59.285 102.400 68.548
201812 54.561 102.100 63.272
201903 19.227 102.900 22.123
201906 51.163 102.900 58.870
201909 59.735 102.900 68.733
201912 54.032 102.900 62.171
202003 19.417 103.300 22.255
202006 9.150 103.200 10.498
202009 32.867 103.500 37.599
202012 22.162 103.400 25.377
202103 2.883 104.300 3.273
202106 24.157 105.000 27.240
202109 50.018 105.800 55.975
202112 48.909 106.600 54.323
202203 9.131 109.900 9.837
202206 59.061 113.600 61.557
202209 67.295 116.400 68.451
202212 59.997 115.900 61.291
202303 10.831 117.300 10.933
202306 61.808 116.400 62.870
202309 75.228 117.400 75.869
202312 64.338 116.700 65.275
202403 15.771 118.400 15.771

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.


Tivoli A/S  (OCSE:TIV) 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.


Tivoli A/S Cyclically Adjusted PS Ratio Related Terms

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


Tivoli A/S (OCSE:TIV) Business Description

Traded in Other Exchanges
Address
Vesterbrogade 3, Copenhagen, DNK, 1630
Tivoli A/S operates Tivoli amusement park, located in central Copenhagen. It provides services like rides, music, and entertainment, food, and drink. Its amusement park includes a green park, a concert hall, a theatre, a circus. The company operates in six business segments Games & Casino, Food & Beverage, high end, Enterprise Rental, Sales, Culture.

Tivoli A/S (OCSE:TIV) Headlines

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