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Hochtief AG (STU:HOT) Cyclically Adjusted PS Ratio : 0.25 (As of May. 24, 2024)


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What is Hochtief AG Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Hochtief AG's current share price is €98.95. Hochtief AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €399.14. Hochtief AG's Cyclically Adjusted PS Ratio for today is 0.25.

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

STU:HOT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.23   Max: 0.49
Current: 0.25

During the past years, Hochtief AG's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.12. And the median was 0.23.

STU:HOT's Cyclically Adjusted PS Ratio is ranked better than
78.44% of 1280 companies
in the Construction industry
Industry Median: 0.64 vs STU:HOT: 0.25

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.

Hochtief AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €89.837. 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 €399.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hochtief AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hochtief 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.

Hochtief AG Cyclically Adjusted PS Ratio Chart

Hochtief 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 0.32 0.23 0.20 0.14 0.25

Hochtief AG 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 0.20 0.20 0.24 0.25 0.27

Competitive Comparison of Hochtief AG's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Hochtief 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.


Hochtief AG's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hochtief AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hochtief 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.95/399.14
=0.25

* 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.

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

For example, Hochtief AG'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)
=89.837/125.0381*125.0381
=89.837

Current CPI (Mar. 2024) = 125.0381.

Hochtief AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 81.173 99.543 101.964
201409 78.520 99.823 98.354
201412 89.684 99.543 112.654
201503 74.365 99.717 93.249
201506 84.452 100.417 105.159
201509 79.006 100.417 98.378
201512 77.237 99.717 96.850
201603 68.511 100.017 85.651
201606 77.072 100.717 95.684
201609 78.310 101.017 96.932
201612 85.778 101.217 105.966
201703 79.896 101.417 98.505
201706 91.338 102.117 111.840
201709 85.846 102.717 104.501
201712 94.889 102.617 115.621
201803 81.957 102.917 99.573
201806 92.385 104.017 111.055
201809 96.461 104.718 115.179
201812 93.934 104.217 112.700
201903 81.184 104.217 97.403
201906 88.883 105.718 105.127
201909 95.470 106.018 112.598
201912 100.530 105.818 118.790
202003 87.175 105.718 103.107
202006 83.099 106.618 97.456
202009 86.442 105.818 102.143
202012 73.855 105.518 87.518
202103 72.366 107.518 84.158
202106 78.244 108.486 90.182
202109 77.996 109.435 89.117
202112 84.934 110.384 96.210
202203 78.292 113.968 85.897
202206 94.883 115.760 102.487
202209 95.482 118.818 100.481
202212 94.332 119.345 98.832
202303 82.313 122.402 84.085
202306 90.771 123.140 92.170
202309 97.674 124.195 98.337
202312 98.311 123.773 99.316
202403 89.837 125.038 89.837

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.


Hochtief AG  (STU:HOT) 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.


Hochtief AG Cyclically Adjusted PS Ratio Related Terms

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


Hochtief AG (STU:HOT) Business Description

Industry
Address
Alfredstrasse 236, Essen, NW, DEU, 45133
Hochtief AG develops and constructs building and infrastructure projects. It works on complex projects in transportation, energy, urban infrastructure, and mining markets. It expands transportation networks with roads, bridges, and tunnels, or designs and constructs office buildings, hospitals, and power plants. The company leans on expertise and technical know-how in developing, financing, building, and operating in designated business areas. Also, it will partner with external groups to work on specific components of a project. Hochtief reports operating segments by regional divisions: Americas, Asia Pacific, and Europe. The Americas and the Asia Pacific account for the majority of sales and are where most of the company's assets are located.