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poLight ASA (OSL:PLT) Cyclically Adjusted PS Ratio : 24.30 (As of May. 23, 2024)


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What is poLight ASA Cyclically Adjusted PS Ratio?

As of today (2024-05-23), poLight ASA's current share price is kr2.43. poLight ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr0.10. poLight ASA's Cyclically Adjusted PS Ratio for today is 24.30.

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

OSL:PLT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 23.5   Med: 39.8   Max: 211.28
Current: 23.5

During the past 10 years, poLight ASA's highest Cyclically Adjusted PS Ratio was 211.28. The lowest was 23.50. And the median was 39.80.

OSL:PLT's Cyclically Adjusted PS Ratio is ranked worse than
99.22% of 1922 companies
in the Hardware industry
Industry Median: 1.06 vs OSL:PLT: 23.50

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.

poLight ASA's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr0.313. 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 kr0.10 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


poLight ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for poLight ASA'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.

poLight ASA Cyclically Adjusted PS Ratio Chart

poLight ASA 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 - - - - 175.99

poLight ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 175.99

Competitive Comparison of poLight ASA's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, poLight ASA'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.


poLight ASA's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, poLight ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



poLight ASA 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.

poLight ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.43/0.1
=24.30

* 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.

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

For example, poLight ASA'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)
=0.313/131.9000*131.9000
=0.313

Current CPI (Dec23) = 131.9000.

poLight ASA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 98.600 0.000
201512 0.005 100.900 0.007
201612 0.006 104.400 0.008
201712 0.018 106.100 0.022
201812 0.027 109.800 0.032
201912 0.058 111.300 0.069
202012 0.055 112.900 0.064
202112 0.169 118.900 0.187
202212 0.218 125.900 0.228
202312 0.313 131.900 0.313

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.


poLight ASA  (OSL:PLT) 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.


poLight ASA Cyclically Adjusted PS Ratio Related Terms

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


poLight ASA (OSL:PLT) Business Description

Industry
Traded in Other Exchanges
Address
Innlaget 230, Skoppum, NOR, N-3185
poLight ASA provides photographic lenses used in cameras for smartphones, wearables such as watches and glasses, and industrial applications including medical and retail. The company is specialized in optics, polymers, micro-electromechanical systems technology, and image application and processing. Its products include Driver ASIC and TLens. Its geographical segments are the United States, Asia, and Europe.

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