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Arkema (XPAR:AKE) Cyclically Adjusted PS Ratio : 0.76 (As of May. 21, 2024)


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What is Arkema Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Arkema's current share price is €97.35. Arkema's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €128.32. Arkema's Cyclically Adjusted PS Ratio for today is 0.76.

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

XPAR:AKE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.82   Max: 1.2
Current: 0.76

During the past years, Arkema's highest Cyclically Adjusted PS Ratio was 1.20. The lowest was 0.48. And the median was 0.82.

XPAR:AKE's Cyclically Adjusted PS Ratio is ranked better than
66.72% of 1208 companies
in the Chemicals industry
Industry Median: 1.23 vs XPAR:AKE: 0.76

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.

Arkema's adjusted revenue per share data for the three months ended in Mar. 2024 was €31.195. 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 €128.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arkema Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Arkema'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.

Arkema Cyclically Adjusted PS Ratio Chart

Arkema 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 0.90 0.89 1.12 0.69 0.81

Arkema 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 0.73 0.69 0.74 0.81 0.76

Competitive Comparison of Arkema's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Arkema'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.


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

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

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



Arkema 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=97.35/128.32
=0.76

* 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.

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

For example, Arkema'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)
=31.195/119.4700*119.4700
=31.195

Current CPI (Mar. 2024) = 119.4700.

Arkema Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.408 100.180 27.915
201409 22.170 99.920 26.508
201412 21.099 99.860 25.242
201503 25.392 100.170 30.284
201506 28.819 100.440 34.279
201509 26.497 99.950 31.672
201512 23.347 100.040 27.882
201603 25.442 100.020 30.389
201606 25.808 100.630 30.640
201609 24.124 100.340 28.723
201612 24.334 100.650 28.884
201703 28.365 101.170 33.496
201706 28.968 101.320 34.157
201709 26.730 101.330 31.515
201712 25.709 101.850 30.157
201803 28.512 102.750 33.152
201806 29.806 103.370 34.448
201809 28.271 103.560 32.614
201812 28.815 103.470 33.271
201903 28.919 103.890 33.256
201906 29.417 104.580 33.605
201909 29.037 104.500 33.197
201912 21.351 104.980 24.298
202003 27.238 104.590 31.113
202006 24.806 104.790 28.281
202009 21.165 104.550 24.185
202012 25.888 104.960 29.467
202103 29.009 105.750 32.773
202106 31.211 106.340 35.065
202109 30.679 106.810 34.315
202112 35.044 107.850 38.820
202203 38.863 110.490 42.022
202206 42.861 112.550 45.496
202209 37.946 112.740 40.211
202212 33.568 114.160 35.129
202303 33.634 116.790 34.406
202306 32.541 117.650 33.044
202309 27.953 118.260 28.239
202312 29.609 118.390 29.879
202403 31.195 119.470 31.195

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.


Arkema  (XPAR:AKE) 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.


Arkema Cyclically Adjusted PS Ratio Related Terms

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


Arkema (XPAR:AKE) Business Description

Industry
Address
420 rue d’Estienne d’Orves, Colombes, FRA, 92700
Arkema is a French chemical company formerly known for its large presence in the global acrylics market. However, the company has now developed a strong portfolio of speciality materials. Arkema is organised into four segments. Adhesive solutions, advanced materials, and coatings solutions contain the more specialized material businesses. The intermediates segment houses the remaining commodity chemical businesses. Geographically, sales are split fairly equally between Europe, the U.S., and Asia.

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