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Investor AB (Investor AB) Cyclically Adjusted PS Ratio : 6.85 (As of May. 01, 2024)


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What is Investor AB Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Investor AB's current share price is $24.67. Investor AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.60. Investor AB's Cyclically Adjusted PS Ratio for today is 6.85.

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

IVSBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.94   Med: 6.44   Max: 8.39
Current: 7.1

During the past years, Investor AB's highest Cyclically Adjusted PS Ratio was 8.39. The lowest was 4.94. And the median was 6.44.

IVSBF's Cyclically Adjusted PS Ratio is ranked better than
51.86% of 885 companies
in the Asset Management industry
Industry Median: 7.4 vs IVSBF: 7.10

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.

Investor AB's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.503. 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 $3.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investor AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Investor 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.

Investor AB Cyclically Adjusted PS Ratio Chart

Investor 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 6.24 6.90 7.77 6.11 6.41

Investor 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 6.49 6.16 6.04 6.41 7.01

Competitive Comparison of Investor AB's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Investor 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.


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

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

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



Investor 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=24.67/3.6
=6.85

* 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.

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

For example, Investor 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)
=2.503/130.9575*130.9575
=2.503

Current CPI (Mar. 2024) = 130.9575.

Investor AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.762 100.432 0.994
201409 0.860 100.161 1.124
201412 0.791 100.225 1.034
201503 1.505 99.950 1.972
201506 -0.115 99.995 -0.151
201509 -0.686 100.228 -0.896
201512 0.829 100.276 1.083
201603 -0.129 100.751 -0.168
201606 0.404 101.019 0.524
201609 1.441 101.138 1.866
201612 0.607 102.022 0.779
201703 1.393 102.022 1.788
201706 0.652 102.752 0.831
201709 0.522 103.279 0.662
201712 0.305 103.793 0.385
201803 0.487 103.962 0.613
201806 0.871 104.875 1.088
201809 1.306 105.679 1.618
201812 -1.225 105.912 -1.515
201903 1.363 105.886 1.686
201906 0.997 106.742 1.223
201909 1.016 107.214 1.241
201912 1.496 107.766 1.818
202003 -1.238 106.563 -1.521
202006 2.516 107.498 3.065
202009 1.308 107.635 1.591
202012 0.683 108.296 0.826
202103 3.694 108.360 4.464
202106 1.557 108.928 1.872
202109 1.390 110.338 1.650
202112 3.275 112.486 3.813
202203 -1.996 114.825 -2.276
202206 -1.766 118.384 -1.954
202209 0.611 122.296 0.654
202212 2.045 126.365 2.119
202303 1.410 127.042 1.453
202306 1.770 129.407 1.791
202309 0.061 130.224 0.061
202312 2.367 130.958 2.367
202403 2.503 130.958 2.503

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.


Investor AB  (OTCPK:IVSBF) 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.


Investor AB Cyclically Adjusted PS Ratio Related Terms

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


Investor AB (Investor AB) Business Description

Address
Arsenalsgatan 8C, Stockholm, SWE, SE-103 32
Investor AB is an industrial holding company with a long-term, active investment portfolio strategy. The company focuses on investing in companies that emphasize innovation and product development. Investor AB's so-called "buy-to-build" strategy seeks not to divest holdings, but rather to develop them over time in order to close the gap between price and value. A majority of its equity investments are made in the country of Sweden and greater Scandinavia, where the company mostly operates. The company measures performance by changes in net asset value and seeks to outperform the Stockholm Stock Exchange's OMSX Index. In 2015, Investor AB also formed and currently operates Patricia Industries, a sizable component of the company that was formed to manage its unlisted investments.
Executives
Ab Investor 10 percent owner ARSENALSGATAN 8C, SE-103 32, STOCKHOLM V7 00000

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