GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zardoya Otis SA (XMAD:ZOT) » Definitions » Cyclically Adjusted PS Ratio

Zardoya Otis (XMAD:ZOT) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Zardoya Otis Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Zardoya Otis Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zardoya Otis'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.

Zardoya Otis Cyclically Adjusted PS Ratio Chart

Zardoya Otis Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Zardoya Otis Quarterly Data
Nov15 May16 Nov16 May17 Nov17 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21
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 - - - - -

Competitive Comparison of Zardoya Otis's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Zardoya Otis'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.


Zardoya Otis's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Zardoya Otis 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.

Zardoya Otis's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Nov21 is calculated as:

For example, Zardoya Otis's adjusted Revenue per Share data for the fiscal year that ended in Nov21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov21 (Change)*Current CPI (Nov21)
=1.719/109.9842*109.9842
=1.719

Current CPI (Nov21) = 109.9842.

Zardoya Otis Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201211 2.015 100.981 2.195
201311 1.737 101.215 1.887
201411 1.679 100.839 1.831
201511 1.656 100.563 1.811
201611 1.622 101.241 1.762
201711 1.654 102.928 1.767
201811 1.667 104.663 1.752
201911 1.706 105.091 1.785
202011 1.675 104.235 1.767
202111 1.719 109.984 1.719

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.


Zardoya Otis  (XMAD:ZOT) 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.


Zardoya Otis Cyclically Adjusted PS Ratio Related Terms

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


Zardoya Otis (XMAD:ZOT) Business Description

Traded in Other Exchanges
N/A
Address
C / Gulf of Thessaloniki No. 73, Madrid, ESP, 28033
Zardoya Otis SA and its subsidiaries are in the business of manufacturing and installing elevators and provision of related maintenance services and export of equipment for installation. The company has manufacturing plants in Madrid and San Sebastian and modernization centers in Munguia and Vigo. Its significant contracts include Louvre museum, Stavros niarchos foundation and Auchan supermarkets. The company mainly operates in Spain, Portugal and Morocco.

Zardoya Otis (XMAD:ZOT) Headlines

No Headlines