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Akzo Nobel NV (Akzo Nobel NV) Cyclically Adjusted PS Ratio : 1.06 (As of May. 19, 2024)


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What is Akzo Nobel NV Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Akzo Nobel NV's current share price is $23.45. Akzo Nobel NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $22.19. Akzo Nobel NV's Cyclically Adjusted PS Ratio for today is 1.06.

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

AKZOY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.75   Med: 1.17   Max: 1.82
Current: 1.05

During the past years, Akzo Nobel NV's highest Cyclically Adjusted PS Ratio was 1.82. The lowest was 0.75. And the median was 1.17.

AKZOY's Cyclically Adjusted PS Ratio is ranked better than
56.11% of 1203 companies
in the Chemicals industry
Industry Median: 1.25 vs AKZOY: 1.05

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.

Akzo Nobel NV's adjusted revenue per share data for the three months ended in Mar. 2024 was $5.606. 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 $22.19 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Akzo Nobel NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Akzo Nobel NV'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.

Akzo Nobel NV Cyclically Adjusted PS Ratio Chart

Akzo Nobel NV 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 1.44 1.47 1.61 1.00 1.23

Akzo Nobel NV 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 1.16 1.21 1.10 1.23 1.12

Competitive Comparison of Akzo Nobel NV's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Akzo Nobel NV'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.


Akzo Nobel NV's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



Akzo Nobel NV 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.

Akzo Nobel NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.45/22.19
=1.06

* 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.

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

For example, Akzo Nobel NV'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)
=5.606/128.5800*128.5800
=5.606

Current CPI (Mar. 2024) = 128.5800.

Akzo Nobel NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.702 99.240 9.979
201409 7.258 99.960 9.336
201412 6.609 99.050 8.579
201503 5.914 99.750 7.623
201506 6.690 100.230 8.582
201509 6.370 100.500 8.150
201512 5.839 99.730 7.528
201603 5.740 100.310 7.358
201606 6.214 100.260 7.969
201609 6.021 100.570 7.698
201612 -2.050 100.710 -2.617
201703 3.793 101.440 4.808
201706 4.196 101.370 5.322
201709 4.292 102.030 5.409
201712 4.011 101.970 5.058
201803 3.535 102.470 4.436
201806 3.742 103.100 4.667
201809 3.516 103.950 4.349
201812 3.843 103.970 4.753
201903 3.512 105.370 4.286
201906 4.279 105.840 5.198
201909 4.309 106.700 5.193
201912 4.160 106.800 5.008
202003 3.907 106.850 4.702
202006 3.911 107.510 4.677
202009 4.688 107.880 5.588
202012 4.634 107.850 5.525
202103 4.756 108.870 5.617
202106 5.370 109.670 6.296
202109 5.133 110.790 5.957
202112 4.948 114.010 5.580
202203 5.176 119.460 5.571
202206 5.715 119.050 6.172
202209 5.428 126.890 5.500
202212 5.399 124.940 5.556
202303 5.561 124.720 5.733
202306 5.802 125.830 5.929
202309 5.675 127.160 5.738
202312 5.368 126.450 5.458
202403 5.606 128.580 5.606

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.


Akzo Nobel NV  (OTCPK:AKZOY) 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.


Akzo Nobel NV Cyclically Adjusted PS Ratio Related Terms

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


Akzo Nobel NV (Akzo Nobel NV) Business Description

Address
Christian Neefestraat 2, Amsterdam, NH, NLD, 1077 WW
Netherlands-based AkzoNobel is the world's third-largest paint and coatings producer. Europe is the largest market, with around 46% of sales generated in the Europe, Middle East, and Africa, or EMEA, region. Cumulatively, the Asia-Pacific and Latin American divisions have also grown quickly to more than 40% of sales. Construction-related end markets are the most important, but meaningful revenue is also generated from the industrial, consumer goods, and transportation markets.

Akzo Nobel NV (Akzo Nobel NV) Headlines