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Beijer Ref AB (OSTO:BEIJ B) Cyclically Adjusted PS Ratio : 2.93 (As of May. 31, 2024)


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What is Beijer Ref AB Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Beijer Ref AB's current share price is kr167.30. Beijer Ref AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr57.09. Beijer Ref AB's Cyclically Adjusted PS Ratio for today is 2.93.

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

OSTO:BEIJ B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 2.03   Max: 3.71
Current: 2.94

During the past years, Beijer Ref AB's highest Cyclically Adjusted PS Ratio was 3.71. The lowest was 0.58. And the median was 2.03.

OSTO:BEIJ B's Cyclically Adjusted PS Ratio is ranked worse than
73.84% of 2198 companies
in the Industrial Products industry
Industry Median: 1.41 vs OSTO:BEIJ B: 2.94

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.

Beijer Ref AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr15.154. 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 kr57.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beijer Ref AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beijer Ref 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.

Beijer Ref AB Cyclically Adjusted PS Ratio Chart

Beijer Ref 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 1.84 2.41 3.47 2.16 2.41

Beijer Ref 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 3.03 2.39 2.14 2.41 2.79

Competitive Comparison of Beijer Ref AB's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Beijer Ref 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.


Beijer Ref AB's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Beijer Ref AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Beijer Ref 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=167.30/57.09
=2.93

* 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.

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

For example, Beijer Ref 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)
=15.154/132.2054*132.2054
=15.154

Current CPI (Mar. 2024) = 132.2054.

Beijer Ref AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 44.132 100.432 58.094
201409 45.939 100.161 60.636
201412 2.235 100.225 2.948
201503 4.430 99.950 5.860
201506 5.167 99.995 6.831
201509 5.604 100.228 7.392
201512 2.531 100.276 3.337
201603 4.721 100.751 6.195
201606 5.801 101.019 7.592
201609 5.907 101.138 7.722
201612 5.280 102.022 6.842
201703 5.323 102.022 6.898
201706 6.377 102.752 8.205
201709 6.132 103.279 7.849
201712 5.762 103.793 7.339
201803 6.252 103.962 7.950
201806 8.435 104.875 10.633
201809 28.478 105.679 35.626
201812 7.943 105.912 9.915
201903 8.283 105.886 10.342
201906 9.553 106.742 11.832
201909 31.240 107.214 38.522
201912 8.284 107.766 10.163
202003 8.389 106.563 10.408
202006 7.917 107.498 9.737
202009 9.215 107.635 11.319
202012 8.004 108.296 9.771
202103 9.000 108.360 10.981
202106 10.925 108.928 13.260
202109 10.460 110.338 12.533
202112 10.168 112.486 11.951
202203 11.800 114.825 13.586
202206 14.228 118.384 15.889
202209 14.350 122.296 15.513
202212 13.961 126.365 14.606
202303 17.337 127.042 18.042
202306 17.063 129.407 17.432
202309 16.679 130.224 16.933
202312 15.018 131.912 15.051
202403 15.154 132.205 15.154

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.


Beijer Ref AB  (OSTO:BEIJ B) 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.


Beijer Ref AB Cyclically Adjusted PS Ratio Related Terms

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


Beijer Ref AB (OSTO:BEIJ B) Business Description

Traded in Other Exchanges
Address
Stortorget 8, Malmo, SWE, SE-211 34
Beijer Ref AB is a Sweden-based company that trades, distributes, and services refrigeration systems, as well as components for refrigeration systems, air conditioning, and heat pumps. The company serves demands from commercial refrigeration (targeting food stores, shopping malls, hotels, and others), industrial refrigeration (targeting ice rinks, offices, computer rooms, and others), and comfort cooling (targeting private residences, stores, and others). Beijer Ref's sales are primarily made to refrigeration installation contractors, service vendors, building companies, and refrigerator makers. The company generates substantially all of its sales from the European market.

Beijer Ref AB (OSTO:BEIJ B) Headlines

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