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Grieg Seafood ASA (OSTO:GSFO) Cyclically Adjusted PS Ratio : 1.12 (As of Jun. 09, 2024)


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What is Grieg Seafood ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Grieg Seafood ASA's current share price is kr72.60. Grieg Seafood ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr64.55. Grieg Seafood ASA's Cyclically Adjusted PS Ratio for today is 1.12.

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

OSTO:GSFO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 1.97   Max: 3.33
Current: 1.12

During the past years, Grieg Seafood ASA's highest Cyclically Adjusted PS Ratio was 3.33. The lowest was 1.00. And the median was 1.97.

OSTO:GSFO's Cyclically Adjusted PS Ratio is ranked worse than
61.4% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs OSTO:GSFO: 1.12

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.

Grieg Seafood ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr20.080. 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 kr64.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grieg Seafood ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Grieg Seafood 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.

Grieg Seafood ASA Cyclically Adjusted PS Ratio Chart

Grieg Seafood 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 3.25 1.88 1.69 1.40 1.10

Grieg Seafood ASA 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 1.42 1.11 1.30 1.10 1.07

Competitive Comparison of Grieg Seafood ASA's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, Grieg Seafood 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.


Grieg Seafood ASA's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grieg Seafood ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Grieg Seafood 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.60/64.55
=1.12

* 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.

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

For example, Grieg Seafood ASA'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)
=20.08/132.6000*132.6000
=20.080

Current CPI (Mar. 2024) = 132.6000.

Grieg Seafood ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.212 97.500 13.888
201409 8.624 98.500 11.610
201412 8.971 98.600 12.064
201503 9.266 99.200 12.386
201506 10.408 100.100 13.787
201509 11.030 100.600 14.539
201512 10.746 100.900 14.122
201603 11.442 102.500 14.802
201606 15.081 103.800 19.265
201609 14.070 104.200 17.905
201612 18.539 104.400 23.547
201703 12.901 105.000 16.292
201706 18.376 105.800 23.031
201709 16.767 105.900 20.994
201712 15.528 106.100 19.406
201803 13.518 107.300 16.705
201806 20.718 108.500 25.320
201809 14.378 109.500 17.411
201812 19.294 109.800 23.300
201903 14.930 110.400 17.932
201906 13.967 110.600 16.745
201909 12.002 111.100 14.325
201912 7.459 111.300 8.886
202003 10.543 111.200 12.572
202006 10.861 112.100 12.847
202009 8.143 112.900 9.564
202012 10.175 112.900 11.950
202103 5.667 114.600 6.557
202106 9.951 115.300 11.444
202109 11.515 117.500 12.995
202112 13.049 118.900 14.553
202203 13.126 119.800 14.528
202206 20.764 122.600 22.458
202209 15.288 125.600 16.140
202212 14.629 125.900 15.408
202303 13.749 127.600 14.288
202306 21.078 130.400 21.434
202309 10.200 129.800 10.420
202312 17.281 131.900 17.373
202403 20.080 132.600 20.080

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.


Grieg Seafood ASA  (OSTO:GSFO) 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.


Grieg Seafood ASA Cyclically Adjusted PS Ratio Related Terms

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


Grieg Seafood ASA (OSTO:GSFO) Business Description

Traded in Other Exchanges
Address
C. Sundtsgate 17/19, Grieg-Gaarden, Bergen, NOR, 5004
Grieg Seafood ASA is an integrated Norwegian seafood company engaged in farming Atlantic salmon. The company's facilities are located in Finnmark and Rogaland in Norway and British Columbia and Newfoundland in Canada. Its product portfolio includes fresh whole fish, freshly processed fish, frozen processed fish, frozen whole fish, and other products.

Grieg Seafood ASA (OSTO:GSFO) Headlines

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