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Bulten AB (OSTO:BULTEN) Cyclically Adjusted PS Ratio : 0.44 (As of Jun. 10, 2024)


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What is Bulten AB Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Bulten AB's current share price is kr87.90. Bulten AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr200.81. Bulten AB's Cyclically Adjusted PS Ratio for today is 0.44.

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

OSTO:BULTEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.44   Max: 0.77
Current: 0.44

During the past years, Bulten AB's highest Cyclically Adjusted PS Ratio was 0.77. The lowest was 0.25. And the median was 0.44.

OSTO:BULTEN's Cyclically Adjusted PS Ratio is ranked better than
62.29% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.67 vs OSTO:BULTEN: 0.44

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.

Bulten AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr73.042. 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 kr200.81 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bulten AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bulten 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.

Bulten AB Cyclically Adjusted PS Ratio Chart

Bulten 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 0.50 0.60 0.62 0.34 0.41

Bulten 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 0.50 0.54 0.37 0.41 0.37

Competitive Comparison of Bulten AB's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Bulten 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.


Bulten AB's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bulten AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bulten 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=87.90/200.81
=0.44

* 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.

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

For example, Bulten 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)
=73.042/132.2054*132.2054
=73.042

Current CPI (Mar. 2024) = 132.2054.

Bulten AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 29.392 100.432 38.691
201409 28.199 100.161 37.221
201412 29.520 100.225 38.940
201503 33.912 99.950 44.856
201506 33.070 99.995 43.723
201509 29.706 100.228 39.184
201512 32.189 100.276 42.439
201603 35.118 100.751 46.082
201606 33.694 101.019 44.096
201609 29.341 101.138 38.354
201612 32.905 102.022 42.640
201703 38.020 102.022 49.269
201706 34.599 102.752 44.517
201709 30.787 103.279 39.410
201712 36.259 103.793 46.185
201803 41.683 103.962 53.007
201806 39.605 104.875 49.926
201809 35.302 105.679 44.163
201812 36.951 105.912 46.124
201903 40.222 105.886 50.220
201906 38.964 106.742 48.259
201909 35.918 107.214 44.291
201912 39.225 107.766 48.121
202003 40.342 106.563 50.050
202006 21.012 107.498 25.841
202009 40.642 107.635 49.920
202012 51.456 108.296 62.817
202103 52.554 108.360 64.119
202106 43.358 108.928 52.624
202109 36.402 110.338 43.616
202112 45.407 112.486 53.367
202203 49.266 114.825 56.723
202206 47.932 118.384 53.528
202209 52.173 122.296 56.400
202212 63.798 126.365 66.747
202303 66.085 127.042 68.771
202306 67.467 129.407 68.926
202309 65.657 130.224 66.656
202312 75.091 131.912 75.258
202403 73.042 132.205 73.042

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.


Bulten AB  (OSTO:BULTEN) 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.


Bulten AB Cyclically Adjusted PS Ratio Related Terms

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


Bulten AB (OSTO:BULTEN) Business Description

Traded in Other Exchanges
Address
August Barks gata 6A, Box 9148, Gothenburg, SWE, SE-40093
Bulten AB develops, produces, and markets fasteners in the European automotive industry. Its product range includes customer-specific products to customized fasteners. It also provides technical development, line-feeding, logistics, material, and production services. Its products are screws, nuts, clips, and rivets. Bulten has its manufacturing unit in Germany, Sweden, Poland, the United Kingdom, China, the USA, and other countries and receives its revenue from northern Europe.

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