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Betsson AB (Betsson AB) Cyclically Adjusted PS Ratio : 1.93 (As of Jun. 10, 2024)


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What is Betsson AB Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Betsson AB's current share price is $9.50. Betsson AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.93. Betsson AB's Cyclically Adjusted PS Ratio for today is 1.93.

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

BTSBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 2.41   Max: 4.55
Current: 2.26

During the past years, Betsson AB's highest Cyclically Adjusted PS Ratio was 4.55. The lowest was 1.25. And the median was 2.41.

BTSBF's Cyclically Adjusted PS Ratio is ranked worse than
65.41% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.43 vs BTSBF: 2.26

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.

Betsson AB's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.965. 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 $4.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Betsson AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Betsson AB'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.

Betsson AB Cyclically Adjusted PS Ratio Chart

Betsson AB 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 1.63 2.44 1.58 1.97 2.15

Betsson AB 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 2.22 2.46 2.48 2.15 2.04

Competitive Comparison of Betsson AB's Cyclically Adjusted PS Ratio

For the Gambling subindustry, Betsson AB'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.


Betsson AB's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Betsson AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Betsson AB 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.

Betsson AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.50/4.93
=1.93

* 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.

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

For example, Betsson AB'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)
=1.965/132.2054*132.2054
=1.965

Current CPI (Mar. 2024) = 132.2054.

Betsson AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.805 100.432 1.060
201409 0.795 100.161 1.049
201412 0.708 100.225 0.934
201503 0.714 99.950 0.944
201506 0.757 99.995 1.001
201509 0.834 100.228 1.100
201512 0.948 100.276 1.250
201603 0.873 100.751 1.146
201606 0.807 101.019 1.056
201609 0.898 101.138 1.174
201612 0.904 102.022 1.171
201703 0.892 102.022 1.156
201706 0.984 102.752 1.266
201709 1.066 103.279 1.365
201712 0.999 103.793 1.272
201803 1.049 103.962 1.334
201806 1.087 104.875 1.370
201809 1.161 105.679 1.452
201812 1.167 105.912 1.457
201903 1.042 105.886 1.301
201906 0.989 106.742 1.225
201909 0.945 107.214 1.165
201912 1.055 107.766 1.294
202003 1.027 106.563 1.274
202006 1.200 107.498 1.476
202009 1.375 107.635 1.689
202012 1.683 108.296 2.055
202103 1.333 108.360 1.626
202106 1.470 108.928 1.784
202109 1.414 110.338 1.694
202112 1.301 112.486 1.529
202203 1.370 114.825 1.577
202206 1.440 118.384 1.608
202209 1.438 122.296 1.555
202212 1.705 126.365 1.784
202303 1.735 127.042 1.806
202306 1.874 129.407 1.915
202309 1.860 130.224 1.888
202312 1.992 131.912 1.996
202403 1.965 132.205 1.965

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.


Betsson AB  (OTCPK:BTSBF) 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.


Betsson AB Cyclically Adjusted PS Ratio Related Terms

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


Betsson AB (Betsson AB) Business Description

Traded in Other Exchanges
Address
Regeringsgatan 28, Stockholm, SWE, 111 53
Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (Betsson AB) Headlines

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