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Conergy AG (LTS:0P51) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


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What is Conergy AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Conergy AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Conergy 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.

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Conergy AG Cyclically Adjusted PS Ratio Chart

Conergy AG Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PS Ratio
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Conergy AG Quarterly Data
Dec03 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Conergy AG's Cyclically Adjusted PS Ratio

For the Solar subindustry, Conergy 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.


Conergy AG's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Conergy AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Conergy 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.

Conergy AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec12 is calculated as:

For example, Conergy AG's adjusted Revenue per Share data for the fiscal year that ended in Dec12 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec12 (Change)*Current CPI (Dec12)
=2.963/97.9567*97.9567
=2.963

Current CPI (Dec12) = 97.9567.

Conergy AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200312 13.412 84.056 15.630
200412 36.278 85.922 41.359
200512 0.000 87.135 0.000
200612 0.000 88.348 0.000
200712 24.172 91.146 25.978
200812 14.927 92.173 15.864
200912 1.412 92.919 1.489
201012 18.742 94.132 19.504
201112 7.667 95.998 7.823
201212 2.963 97.957 2.963

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.


Conergy AG  (LTS:0P51) 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.


Conergy AG Cyclically Adjusted PS Ratio Related Terms

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Conergy AG (LTS:0P51) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Anckelmannsplatz 1, Hamburg, DEU, 20537
Conergy AG is a German company which acts as a supplier in the field of solar system integration. The company produces, installs and plans solar systems and wind power stations. It develops, produces, and sells photovoltaic plants and plant components. The company is also engaged in project development and the implementation of large-scale photovoltaic projects.

Conergy AG (LTS:0P51) Headlines

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