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Bureau Veritas (XPAR:BVI) Cyclically Adjusted PS Ratio : 2.31 (As of May. 08, 2024)


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What is Bureau Veritas Cyclically Adjusted PS Ratio?

As of today (2024-05-08), Bureau Veritas's current share price is €28.26. Bureau Veritas's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €12.25. Bureau Veritas's Cyclically Adjusted PS Ratio for today is 2.31.

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

XPAR:BVI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.35   Max: 2.72
Current: 2.26

During the past 13 years, Bureau Veritas's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 0.54. And the median was 1.35.

XPAR:BVI's Cyclically Adjusted PS Ratio is ranked worse than
76.05% of 689 companies
in the Business Services industry
Industry Median: 0.89 vs XPAR:BVI: 2.26

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.

Bureau Veritas's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €12.827. 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 €12.25 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bureau Veritas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bureau Veritas'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.

Bureau Veritas Cyclically Adjusted PS Ratio Chart

Bureau Veritas 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 1.60 1.72 2.72 2.12 1.87

Bureau Veritas 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 2.72 - 2.12 - 1.87

Competitive Comparison of Bureau Veritas's Cyclically Adjusted PS Ratio

For the Consulting Services subindustry, Bureau Veritas'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.


Bureau Veritas's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bureau Veritas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bureau Veritas 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.

Bureau Veritas's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=28.26/12.25
=2.31

* 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.

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

For example, Bureau Veritas'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)
=12.827/118.2300*118.2300
=12.827

Current CPI (Dec23) = 118.2300.

Bureau Veritas Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 9.400 99.860 11.129
201512 10.457 100.040 12.358
201612 10.336 100.650 12.141
201712 10.659 101.850 12.373
201812 10.914 103.470 12.471
201912 11.438 104.980 12.882
202012 10.176 104.960 11.463
202112 10.946 107.850 11.999
202212 12.376 114.160 12.817
202312 12.827 118.230 12.827

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.


Bureau Veritas  (XPAR:BVI) 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.


Bureau Veritas Cyclically Adjusted PS Ratio Related Terms

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


Bureau Veritas (XPAR:BVI) Business Description

Traded in Other Exchanges
Address
40/52 Boulevard du Parc, Immeuble Newtime, Neuilly-sur-Seine, FRA, 92200
Bureau Veritas is involved in the testing, inspection, and certification, or TIC, industry. The company's primary activities involve testing products or materials, inspecting sites/equipment, and certifying products and systems to maintain global standards. BV is one of only a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. BV listed in 2007, prior to which it was privately owned by the Wendel Group, who retain a significant holding.

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