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Novabase SGPS (XLIS:NBA) Cyclically Adjusted PS Ratio : 1.44 (As of May. 31, 2024)


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What is Novabase SGPS Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Novabase SGPS's current share price is €7.45. Novabase SGPS's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €5.19. Novabase SGPS's Cyclically Adjusted PS Ratio for today is 1.44.

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

XLIS:NBA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.51   Max: 1.42
Current: 1.42

During the past 13 years, Novabase SGPS's highest Cyclically Adjusted PS Ratio was 1.42. The lowest was 0.31. And the median was 0.51.

XLIS:NBA's Cyclically Adjusted PS Ratio is ranked better than
57.22% of 1447 companies
in the Software industry
Industry Median: 1.84 vs XLIS:NBA: 1.42

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.

Novabase SGPS's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €4.805. 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 €5.19 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Novabase SGPS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Novabase SGPS'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.

Novabase SGPS Cyclically Adjusted PS Ratio Chart

Novabase SGPS 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 0.48 0.59 0.99 0.77 1.03

Novabase SGPS Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.99 - 0.77 - 1.03

Competitive Comparison of Novabase SGPS's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Novabase SGPS'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.


Novabase SGPS's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Novabase SGPS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Novabase SGPS 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.

Novabase SGPS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.45/5.19
=1.44

* 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.

Novabase SGPS's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Novabase SGPS's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.805/118.0324*118.0324
=4.805

Current CPI (Dec23) = 118.0324.

Novabase SGPS Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 7.383 99.723 8.739
201512 4.258 100.119 5.020
201612 4.536 100.998 5.301
201712 4.725 102.479 5.442
201812 3.722 103.159 4.259
201912 3.837 103.592 4.372
202012 4.248 103.354 4.851
202112 4.676 106.191 5.197
202212 3.855 116.377 3.910
202312 4.805 118.032 4.805

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.


Novabase SGPS  (XLIS:NBA) 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.


Novabase SGPS Cyclically Adjusted PS Ratio Related Terms

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


Novabase SGPS (XLIS:NBA) Business Description

Industry
Traded in Other Exchanges
Address
Avenida D Joao II, 34, Parque das Nacoes, Lisbon, PRT, 1998-031
Novabase SGPS is engaged in holding and managing financial holding in other companies. The company operates in two business segments, namely, Next-Gen, which develops an IT consulting and services targeting mainly the financial services and Telecommunications industries. The Value Portfolio segment provides IT consulting and services to the government, transportation, energy industries, and IT staffing. It generates maximum revenue from the Next-Gen segment.