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Solvay (XBRU:SOLB) Cyclically Adjusted PS Ratio : 0.27 (As of May. 14, 2024)


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What is Solvay Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Solvay's current share price is €34.31. Solvay's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €125.57. Solvay's Cyclically Adjusted PS Ratio for today is 0.27.

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

XBRU:SOLB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.17   Max: 0.27
Current: 0.27

During the past years, Solvay's highest Cyclically Adjusted PS Ratio was 0.27. The lowest was 0.10. And the median was 0.17.

XBRU:SOLB's Cyclically Adjusted PS Ratio is ranked better than
90.6% of 1202 companies
in the Chemicals industry
Industry Median: 1.24 vs XBRU:SOLB: 0.27

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.

Solvay's adjusted revenue per share data for the three months ended in Mar. 2024 was €12.223. 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 €125.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solvay Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Solvay'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.

Solvay Cyclically Adjusted PS Ratio Chart

Solvay 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 0.18 0.16 0.16 0.14 0.22

Solvay 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 0.16 0.15 0.16 0.22 0.20

Competitive Comparison of Solvay's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, Solvay'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.


Solvay's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solvay's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Solvay 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.

Solvay's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.31/125.57
=0.27

* 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.

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

For example, Solvay'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)
=12.223/128.2922*128.2922
=12.223

Current CPI (Mar. 2024) = 128.2922.

Solvay Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29.885 99.482 38.540
201409 30.096 99.195 38.924
201412 38.730 99.086 50.146
201503 32.971 99.423 42.545
201506 33.161 100.107 42.498
201509 33.759 100.245 43.204
201512 19.920 100.572 25.410
201603 28.270 101.653 35.679
201606 27.235 102.267 34.166
201609 23.971 102.118 30.115
201612 24.901 102.614 31.132
201703 27.338 103.972 33.733
201706 26.766 103.902 33.049
201709 25.330 104.170 31.196
201712 26.090 104.804 31.937
201803 27.031 105.419 32.896
201806 27.173 106.063 32.868
201809 27.367 106.618 32.930
201812 27.350 107.252 32.715
201903 27.613 107.876 32.839
201906 27.839 107.896 33.102
201909 26.900 107.470 32.112
201912 26.169 108.065 31.067
202003 25.982 108.550 30.707
202006 22.692 108.540 26.821
202009 22.023 108.441 26.054
202012 23.435 108.511 27.707
202103 25.171 109.522 29.485
202106 25.883 110.305 30.104
202109 27.630 111.543 31.779
202112 31.555 114.705 35.293
202203 35.543 118.620 38.441
202206 39.091 120.948 41.465
202209 42.455 124.120 43.882
202212 37.233 126.578 37.737
202303 16.695 126.528 16.928
202306 32.812 125.973 33.416
202309 28.815 127.083 29.089
202312 -38.270 128.292 -38.270
202403 12.223 128.292 12.223

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.


Solvay  (XBRU:SOLB) 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.


Solvay Cyclically Adjusted PS Ratio Related Terms

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


Solvay (XBRU:SOLB) Business Description

Industry
Address
Rue De Ransbeek, 310, Brussels, BEL, B-1120
Solvay is a Belgium-based producer of chemicals, plastics, and composites. The company has a top-three market position for nearly all of its products. Key business segments include materials, chemicals, and solutions. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.

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