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ACS Actividades de Construccion y Servicios (XMAD:ACS) Cyclically Adjusted PS Ratio : (As of Jun. 10, 2024)


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What is ACS Actividades de Construccion y Servicios Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ACS Actividades de Construccion y Servicios Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ACS Actividades de Construccion y Servicios'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.

ACS Actividades de Construccion y Servicios Cyclically Adjusted PS Ratio Chart

ACS Actividades de Construccion y Servicios Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.42 0.30 0.24 0.26

ACS Actividades de Construccion y Servicios Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.22 0.26 - - -

Competitive Comparison of ACS Actividades de Construccion y Servicios's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, ACS Actividades de Construccion y Servicios'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.


ACS Actividades de Construccion y Servicios's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, ACS Actividades de Construccion y Servicios's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ACS Actividades de Construccion y Servicios's Cyclically Adjusted PS Ratio falls into.



ACS Actividades de Construccion y Servicios 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.

ACS Actividades de Construccion y Servicios's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, ACS Actividades de Construccion y Servicios's adjusted Revenue per Share data for the three months ended in Jun. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/120.2784*120.2784
=0.000

Current CPI (Jun. 2023) = 120.2784.

ACS Actividades de Construccion y Servicios Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 29.349 100.597 35.091
201312 19.897 101.306 23.623
201403 25.688 100.139 30.854
201406 28.249 101.081 33.614
201409 26.959 100.441 32.283
201412 30.629 100.251 36.748
201503 27.236 99.474 32.932
201506 29.525 101.138 35.113
201509 17.816 99.559 21.524
201512 14.645 100.268 17.568
201603 16.212 98.638 19.769
201606 16.002 100.333 19.183
201609 17.289 99.737 20.850
201612 18.044 101.842 21.310
201703 17.708 100.896 21.110
201706 19.907 101.848 23.509
201709 18.023 101.524 21.352
201712 19.741 102.975 23.058
201803 18.970 102.122 22.343
201806 21.100 104.165 24.364
201809 20.873 103.818 24.182
201812 21.603 104.193 24.938
201903 21.325 103.488 24.785
201906 22.126 104.612 25.440
201909 32.800 103.905 37.969
201912 20.258 105.015 23.202
202003 17.767 103.469 20.653
202006 19.628 104.254 22.645
202009 18.936 103.521 22.001
202012 23.157 104.456 26.665
202103 0.000 104.857 0.000
202106 0.000 107.102 0.000
202109 20.205 107.669 22.571
202112 27.092 111.298 29.278
202203 0.000 115.153 0.000
202206 0.000 118.044 0.000
202209 30.685 117.221 31.485
202212 32.203 117.650 32.922
202303 0.000 118.948 0.000
202306 0.000 120.278 0.000

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.


ACS Actividades de Construccion y Servicios  (XMAD:ACS) 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.


ACS Actividades de Construccion y Servicios Cyclically Adjusted PS Ratio Related Terms

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ACS Actividades de Construccion y Servicios (XMAD:ACS) Business Description

Address
Avenida Pío XII n 102, Madrid, ESP, 28036
ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.

ACS Actividades de Construccion y Servicios (XMAD:ACS) Headlines

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