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AAC Clyde Space AB (OSTO:AAC) Cyclically Adjusted PS Ratio : 0.06 (As of Jun. 04, 2024)


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What is AAC Clyde Space AB Cyclically Adjusted PS Ratio?

As of today (2024-06-04), AAC Clyde Space AB's current share price is kr42.80. AAC Clyde Space AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr699.84. AAC Clyde Space AB's Cyclically Adjusted PS Ratio for today is 0.06.

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

OSTO:AAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.07   Max: 0.08
Current: 0.06

During the past 10 years, AAC Clyde Space AB's highest Cyclically Adjusted PS Ratio was 0.08. The lowest was 0.06. And the median was 0.07.

OSTO:AAC's Cyclically Adjusted PS Ratio is ranked better than
97.65% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs OSTO:AAC: 0.06

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.

AAC Clyde Space AB's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr57.867. 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 kr699.84 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


AAC Clyde Space AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AAC Clyde Space 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.

AAC Clyde Space AB Cyclically Adjusted PS Ratio Chart

AAC Clyde Space 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 - - - - 0.06

AAC Clyde Space 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 - - - 0.06 -

Competitive Comparison of AAC Clyde Space AB's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, AAC Clyde Space 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.


AAC Clyde Space AB's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AAC Clyde Space AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AAC Clyde Space 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.

AAC Clyde Space AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.80/699.84
=0.06

* 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.

AAC Clyde Space AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, AAC Clyde Space AB'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)
=57.867/131.9118*131.9118
=57.867

Current CPI (Dec23) = 131.9118.

AAC Clyde Space AB Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 20.557 100.225 27.056
201512 4,787.600 100.276 6,298.039
201612 240.274 102.022 310.670
201712 17.757 103.793 22.568
201812 57.909 105.912 72.125
201912 38.402 107.766 47.006
202012 44.965 108.296 54.771
202112 47.885 112.486 56.155
202212 49.954 126.365 52.147
202312 57.867 131.912 57.867

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.


AAC Clyde Space AB  (OSTO:AAC) 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.


AAC Clyde Space AB Cyclically Adjusted PS Ratio Related Terms

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


AAC Clyde Space AB (OSTO:AAC) Business Description

Traded in Other Exchanges
Address
Dag Hammarskjolds vag 48, Uppsala Science Park, Uppsala, SWE, SE-751 83
AAC Clyde Space AB is engaged in advanced nanosatellite spacecraft, mission services, and reliable subsystems. The group has six reportable segments: AAC Clyde Space (Swedish operation); Clyde Space (Scottish operation); Hyperion Space (Netherland operation); SpaceQuest, operations in the US; Omnisys Instruments, operations in Gothenburg, Sweden; and AAC Space Africa, operations in South Africa. Its geographical segments are Sweden, the United Kingdom, the Rest of Europe, the United States, Asia, and the Rest of the world.