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Industrivarden AB (FRA:IDV1) Cyclically Adjusted PS Ratio : 11.56 (As of Jun. 09, 2024)


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What is Industrivarden AB Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Industrivarden AB's current share price is €32.26. Industrivarden AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.79. Industrivarden AB's Cyclically Adjusted PS Ratio for today is 11.56.

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

FRA:IDV1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.63   Med: 10.83   Max: 19.25
Current: 11.56

During the past years, Industrivarden AB's highest Cyclically Adjusted PS Ratio was 19.25. The lowest was 7.63. And the median was 10.83.

FRA:IDV1's Cyclically Adjusted PS Ratio is ranked worse than
70.74% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs FRA:IDV1: 11.56

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.

Industrivarden AB's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.394. 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 €2.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrivarden AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Industrivarden 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.

Industrivarden AB Cyclically Adjusted PS Ratio Chart

Industrivarden 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 12.04 15.96 10.07 9.98 11.13

Industrivarden 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 10.79 10.68 10.89 11.13 11.58

Competitive Comparison of Industrivarden AB's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Industrivarden 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.


Industrivarden AB's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Industrivarden AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Industrivarden 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.26/2.79
=11.56

* 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.

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

For example, Industrivarden 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)
=3.394/132.2054*132.2054
=3.394

Current CPI (Mar. 2024) = 132.2054.

Industrivarden AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 -0.254 100.432 -0.334
201409 -0.395 100.161 -0.521
201412 0.577 100.225 0.761
201503 2.826 99.950 3.738
201506 -0.607 99.995 -0.803
201509 -1.627 100.228 -2.146
201512 0.086 100.276 0.113
201603 0.690 100.751 0.905
201606 -0.051 101.019 -0.067
201609 1.612 101.138 2.107
201612 1.483 102.022 1.922
201703 2.503 102.022 3.244
201706 0.759 102.752 0.977
201709 0.366 103.279 0.469
201712 0.107 103.793 0.136
201803 0.341 103.962 0.434
201806 0.254 104.875 0.320
201809 1.403 105.679 1.755
201812 -3.876 105.912 -4.838
201903 3.344 105.886 4.175
201906 1.316 106.742 1.630
201909 -0.725 107.214 -0.894
201912 2.620 107.766 3.214
202003 -3.930 106.563 -4.876
202006 2.773 107.498 3.410
202009 1.219 107.635 1.497
202012 1.760 108.296 2.149
202103 4.168 108.360 5.085
202106 -0.131 108.928 -0.159
202109 -1.551 110.338 -1.858
202112 3.552 112.486 4.175
202203 -4.366 114.825 -5.027
202206 -1.513 118.384 -1.690
202209 -1.321 122.296 -1.428
202212 4.001 126.365 4.186
202303 2.446 127.042 2.545
202306 0.318 129.407 0.325
202309 -0.412 130.224 -0.418
202312 3.239 131.912 3.246
202403 3.394 132.205 3.394

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.


Industrivarden AB  (FRA:IDV1) 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.


Industrivarden AB Cyclically Adjusted PS Ratio Related Terms

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


Industrivarden AB (FRA:IDV1) Business Description

Address
Storgatan 10, Stockholm, SWE, 114 51
Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

Industrivarden AB (FRA:IDV1) Headlines

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