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Meriaura Group (OSTO:MERIS) Cyclically Adjusted PS Ratio : 0.03 (As of May. 22, 2024)


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What is Meriaura Group Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Meriaura Group's current share price is kr0.47. Meriaura Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr13.79. Meriaura Group's Cyclically Adjusted PS Ratio for today is 0.03.

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

OSTO:MERIS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.06
Current: 0.04

During the past 11 years, Meriaura Group's highest Cyclically Adjusted PS Ratio was 0.06. The lowest was 0.03. And the median was 0.04.

OSTO:MERIS's Cyclically Adjusted PS Ratio is ranked better than
98.68% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs OSTO:MERIS: 0.04

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.

Meriaura Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr0.854. 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 kr13.79 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Meriaura Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Meriaura Group'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.

Meriaura Group Cyclically Adjusted PS Ratio Chart

Meriaura Group 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 - - - 0.05 0.04

Meriaura Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - 0.05 - 0.04

Competitive Comparison of Meriaura Group's Cyclically Adjusted PS Ratio

For the Solar subindustry, Meriaura Group'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.


Meriaura Group's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meriaura Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Meriaura Group 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.

Meriaura Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.47/13.79
=0.03

* 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.

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

For example, Meriaura Group'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)
=0.854/121.5400*121.5400
=0.854

Current CPI (Dec23) = 121.5400.

Meriaura Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 24.353 100.229 29.531
201512 23.400 99.990 28.443
201612 34.972 101.020 42.076
201712 2.046 101.510 2.450
201812 12.849 102.710 15.205
201912 1.244 103.650 1.459
202012 1.685 103.890 1.971
202112 0.155 107.490 0.175
202212 0.121 117.320 0.125
202312 0.854 121.540 0.854

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.


Meriaura Group  (OSTO:MERIS) 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.


Meriaura Group Cyclically Adjusted PS Ratio Related Terms

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


Meriaura Group (OSTO:MERIS) Business Description

Traded in Other Exchanges
Address
Insinoorinkatu 7, Mikkeli, FIN, FI-50150
Meriaura Group Plc is a Finland-based company engaged in two businesses Renewable Energy and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company generates the majority of its revenue from the renewable energy segment.

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