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VZ Holding AG (XSWX:VZN) Cyclically Adjusted PS Ratio : 13.43 (As of May. 22, 2024)


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What is VZ Holding AG Cyclically Adjusted PS Ratio?

As of today (2024-05-22), VZ Holding AG's current share price is CHF110.00. VZ Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was CHF8.19. VZ Holding AG's Cyclically Adjusted PS Ratio for today is 13.43.

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

XSWX:VZN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.82   Med: 13.36   Max: 18.39
Current: 13.13

During the past 13 years, VZ Holding AG's highest Cyclically Adjusted PS Ratio was 18.39. The lowest was 9.82. And the median was 13.36.

XSWX:VZN's Cyclically Adjusted PS Ratio is ranked worse than
75.88% of 879 companies
in the Asset Management industry
Industry Median: 7.52 vs XSWX:VZN: 13.13

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.

VZ Holding AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was CHF12.688. 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 CHF8.19 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


VZ Holding AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VZ Holding AG'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.

VZ Holding AG Cyclically Adjusted PS Ratio Chart

VZ Holding AG 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 11.04 13.89 15.09 9.88 11.99

VZ Holding AG 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 15.09 - 9.88 - 11.99

Competitive Comparison of VZ Holding AG's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, VZ Holding AG'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.


VZ Holding AG's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, VZ Holding AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



VZ Holding AG 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.

VZ Holding AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.00/8.19
=13.43

* 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.

VZ Holding AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, VZ Holding AG'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)
=12.688/106.4612*106.4612
=12.688

Current CPI (Dec23) = 106.4612.

VZ Holding AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 5.141 100.704 5.435
201512 5.860 99.386 6.277
201612 6.088 99.380 6.522
201712 6.705 100.213 7.123
201812 7.390 100.906 7.797
201912 7.217 101.063 7.602
202012 7.915 100.241 8.406
202112 9.376 101.776 9.808
202212 10.103 104.666 10.276
202312 12.688 106.461 12.688

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.


VZ Holding AG  (XSWX:VZN) 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.


VZ Holding AG Cyclically Adjusted PS Ratio Related Terms

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VZ Holding AG (XSWX:VZN) Business Description

Traded in Other Exchanges
Address
Gotthardstrasse 6, Zurich, CHE, 8002
VZ Holding AG offers financial advisory services for individuals and companies in many areas. The group helps clients plan retirement, investments, and it helps with mortgage financing. VZ also provides assistance with tax optimization. Corporate clients are assisted with benefits planning and risk management. As a holding company, VZ depends on its host of subsidiaries to bring a wealth of services to clients. Altogether, the group delivers assistance with insurance questions, administers and services mortgages, and engages in bank depository activities. Revenue is primarily earned from management fees on assets under management.

VZ Holding AG (XSWX:VZN) Headlines

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