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Amplifon SpA (MIL:AMP) Cyclically Adjusted PS Ratio : 4.39 (As of May. 23, 2024)


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What is Amplifon SpA Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Amplifon SpA's current share price is €33.56. Amplifon SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €7.65. Amplifon SpA's Cyclically Adjusted PS Ratio for today is 4.39.

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

MIL:AMP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 4.34   Max: 8.41
Current: 4.49

During the past years, Amplifon SpA's highest Cyclically Adjusted PS Ratio was 8.41. The lowest was 2.69. And the median was 4.34.

MIL:AMP's Cyclically Adjusted PS Ratio is ranked worse than
98.48% of 66 companies
in the Medical Distribution industry
Industry Median: 0.385 vs MIL:AMP: 4.49

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.

Amplifon SpA's adjusted revenue per share data for the three months ended in Dec. 2023 was €2.727. 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 €7.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amplifon SpA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amplifon SpA'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.

Amplifon SpA Cyclically Adjusted PS Ratio Chart

Amplifon SpA 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 5.19 6.53 8.09 3.95 4.10

Amplifon SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.95 4.45 4.56 3.73 4.10

Competitive Comparison of Amplifon SpA's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Amplifon SpA'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.


Amplifon SpA's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Amplifon SpA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Amplifon SpA 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.

Amplifon SpA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.56/7.65
=4.39

* 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.

Amplifon SpA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Amplifon SpA's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.727/119.7000*119.7000
=2.727

Current CPI (Dec. 2023) = 119.7000.

Amplifon SpA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.843 99.907 1.010
201406 1.017 100.093 1.216
201409 0.924 99.814 1.108
201412 1.194 99.721 1.433
201503 1.032 99.814 1.238
201506 1.196 100.279 1.428
201509 1.032 100.000 1.235
201512 1.338 99.814 1.605
201603 1.132 99.600 1.360
201606 1.285 99.900 1.540
201609 1.153 100.100 1.379
201612 1.463 100.300 1.746
201703 1.321 101.000 1.566
201706 1.495 101.100 1.770
201709 1.235 101.200 1.461
201712 1.624 101.200 1.921
201803 1.377 101.800 1.619
201806 1.593 102.400 1.862
201809 1.353 102.600 1.579
201812 1.810 102.300 2.118
201903 1.744 102.800 2.031
201906 1.947 103.100 2.260
201909 1.733 102.900 2.016
201912 2.274 102.800 2.648
202003 1.606 102.900 1.868
202006 1.109 102.900 1.290
202009 1.891 102.300 2.213
202012 2.020 102.600 2.357
202103 1.886 103.700 2.177
202106 2.228 104.200 2.559
202109 1.956 104.900 2.232
202112 2.499 106.600 2.806
202203 2.187 110.400 2.371
202206 2.380 112.500 2.532
202209 2.236 114.200 2.344
202212 2.555 119.000 2.570
202303 2.388 118.800 2.406
202306 2.537 119.700 2.537
202309 2.359 120.300 2.347
202312 2.727 119.700 2.727

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.


Amplifon SpA  (MIL:AMP) 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.


Amplifon SpA Cyclically Adjusted PS Ratio Related Terms

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


Amplifon SpA (MIL:AMP) Business Description

Traded in Other Exchanges
Address
Via Ripamonti, 133, Milano, ITA, 20141
Amplifon SpA provides customizable hearing solutions and services through a distribution network of network affiliates, corporate shops, franchises, and shop-in-shops. Amplifon operates in three segments based on geography: the Americas; Europe, the Middle East, and Africa; and Asia-Pacific. It generates the majority of its revenue in the EMEA region. Amplifon operates under a variety of brands in these regions, including Amplifon, Beter Horen, Maxtone, and Miracle-Ear. The majority of Amplifon's direct points of sale are in Italy.

Amplifon SpA (MIL:AMP) Headlines

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