GURUFOCUS.COM » STOCK LIST » Industrials » Construction » YIT Oyj (OTCPK:YITYY) » Definitions » Cyclically Adjusted PS Ratio

YIT Oyj (YIT Oyj) Cyclically Adjusted PS Ratio : 0.13 (As of Jun. 07, 2024)


View and export this data going back to 2008. Start your Free Trial

What is YIT Oyj Cyclically Adjusted PS Ratio?

As of today (2024-06-07), YIT Oyj's current share price is $1.08. YIT Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.37. YIT Oyj's Cyclically Adjusted PS Ratio for today is 0.13.

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

YITYY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.26   Max: 0.36
Current: 0.15

During the past years, YIT Oyj's highest Cyclically Adjusted PS Ratio was 0.36. The lowest was 0.10. And the median was 0.26.

YITYY's Cyclically Adjusted PS Ratio is ranked better than
88.02% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs YITYY: 0.15

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.

YIT Oyj's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.120. 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 $8.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


YIT Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for YIT Oyj'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.

YIT Oyj Cyclically Adjusted PS Ratio Chart

YIT Oyj 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 0.30 0.27 0.27 0.15 0.12

YIT Oyj 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 0.15 0.13 0.13 0.12 0.12

Competitive Comparison of YIT Oyj's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, YIT Oyj'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.


YIT Oyj's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



YIT Oyj 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.

YIT Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.08/8.37
=0.13

* 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.

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

For example, YIT Oyj'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)
=1.12/122.3600*122.3600
=1.120

Current CPI (Mar. 2024) = 122.3600.

YIT Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.913 100.147 2.337
201409 2.526 100.726 3.069
201412 2.549 100.229 3.112
201503 1.682 100.120 2.056
201506 2.049 100.030 2.506
201509 1.610 100.130 1.967
201512 2.198 99.990 2.690
201603 1.476 100.080 1.805
201606 1.748 100.390 2.131
201609 1.847 100.540 2.248
201612 2.316 101.020 2.805
201703 1.899 100.910 2.303
201706 2.241 101.140 2.711
201709 1.962 101.320 2.369
201712 2.840 101.510 3.423
201803 1.815 101.730 2.183
201806 2.254 102.320 2.695
201809 2.127 102.600 2.537
201812 3.041 102.710 3.623
201903 1.806 102.870 2.148
201906 2.002 103.360 2.370
201909 2.142 103.540 2.531
201912 2.931 103.650 3.460
202003 1.834 103.490 2.168
202006 1.927 103.320 2.282
202009 1.867 103.710 2.203
202012 2.471 103.890 2.910
202103 1.673 104.870 1.952
202106 1.876 105.360 2.179
202109 2.098 106.290 2.415
202112 2.350 107.490 2.675
202203 1.373 110.950 1.514
202206 1.383 113.570 1.490
202209 1.188 114.920 1.265
202212 1.941 117.320 2.024
202303 1.218 119.750 1.245
202306 1.443 120.690 1.463
202309 1.408 121.280 1.421
202312 1.553 121.540 1.563
202403 1.120 122.360 1.120

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.


YIT Oyj  (OTCPK:YITYY) 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.


YIT Oyj Cyclically Adjusted PS Ratio Related Terms

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


YIT Oyj (YIT Oyj) Business Description

Industry
Traded in Other Exchanges
Address
Panuntie 11, P.O. Box 36, Helsinki, FIN, 00620
YIT Oyj is a Finnish construction service provider. YIT develops and builds apartments and living services, business premises and entire areas. The company has four reportable segments: 1) Housing segment which comprises the development and construction of apartments, entire residential areas and leisure-time residences; 2) Business Premises segment engages in contracting in business premises construction as well as residential construction. 3) Infrastructure segment includes railway and traffic route construction and maintenance, green construction, bridge building and repairing, foundation construction and other earthworks, shoreline and waterworks construction, etc; 4) Property Development segment develops business premises and hybrid projects as well as wind farms.

YIT Oyj (YIT Oyj) Headlines

From GuruFocus

Bernard Horn Comments on YIT Oyj

By Vera Yuan Vera Yuan 10-30-2014

YIT is Developing Sustainable Data Centers

By PRNewswire PRNewswire 06-03-2020