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SGS AG (SGS AG) Cyclically Adjusted PS Ratio : 2.21 (As of Apr. 28, 2024)


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What is SGS AG Cyclically Adjusted PS Ratio?

As of today (2024-04-28), SGS AG's current share price is $9.07. SGS AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $4.10. SGS AG's Cyclically Adjusted PS Ratio for today is 2.21.

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

SGSOY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.06   Med: 3.18   Max: 4.07
Current: 2.46

During the past 13 years, SGS AG's highest Cyclically Adjusted PS Ratio was 4.07. The lowest was 2.06. And the median was 3.18.

SGSOY's Cyclically Adjusted PS Ratio is ranked worse than
77.73% of 678 companies
in the Business Services industry
Industry Median: 0.89 vs SGSOY: 2.46

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.

SGS AG's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $4.030. 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 $4.10 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SGS AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SGS 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.

SGS AG Cyclically Adjusted PS Ratio Chart

SGS 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 3.46 3.45 3.78 2.55 2.09

SGS AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 3.78 - 2.55 - 2.09

Competitive Comparison of SGS AG's Cyclically Adjusted PS Ratio

For the Consulting Services subindustry, SGS 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.


SGS AG's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



SGS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.07/4.1
=2.21

* 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.

SGS AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, SGS AG's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=4.03/106.4611*106.4611
=4.030

Current CPI (Dec23) = 106.4611.

SGS AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.050 100.704 3.224
201512 2.930 99.386 3.139
201612 3.012 99.380 3.227
201712 3.322 100.213 3.529
201812 3.453 100.906 3.643
201912 3.454 101.063 3.638
202012 3.269 100.241 3.472
202112 3.612 101.776 3.778
202212 3.712 104.666 3.776
202312 4.030 106.461 4.030

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.


SGS AG  (OTCPK:SGSOY) 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.


SGS AG Cyclically Adjusted PS Ratio Related Terms

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


SGS AG (SGS AG) Business Description

Industry
Traded in Other Exchanges
Address
1 Place des Alpes, P.O. Box 2152, Geneva, CHE, CH-1211
Switzerland-listed SGS is the largest and one of the oldest companies in the testing, inspection, and certification industry. The company's primary activities involve testing products and materials, inspecting sites/industrial equipment, and certifying products and systems to ensure global/company standards. SGS is one of only four TIC companies that operate globally across numerous industries, including agriculture, food and life science, and transport services. SGS was first listed in 1981 and employs almost 100,000 people worldwide.

SGS AG (SGS AG) Headlines

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