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Olav Thon Eiendomsselskap (OSTO:OLTO) Cyclically Adjusted PS Ratio : 5.71 (As of May. 10, 2024)


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What is Olav Thon Eiendomsselskap Cyclically Adjusted PS Ratio?

As of today (2024-05-10), Olav Thon Eiendomsselskap's current share price is kr224.00. Olav Thon Eiendomsselskap's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was kr39.22. Olav Thon Eiendomsselskap's Cyclically Adjusted PS Ratio for today is 5.71.

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

OSTO:OLTO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.97   Med: 4.92   Max: 6.02
Current: 5.18

During the past years, Olav Thon Eiendomsselskap's highest Cyclically Adjusted PS Ratio was 6.02. The lowest was 2.97. And the median was 4.92.

OSTO:OLTO's Cyclically Adjusted PS Ratio is ranked worse than
77.67% of 1366 companies
in the Real Estate industry
Industry Median: 1.745 vs OSTO:OLTO: 5.18

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.

Olav Thon Eiendomsselskap's adjusted revenue per share data for the three months ended in Dec. 2023 was kr12.397. 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 kr39.22 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olav Thon Eiendomsselskap Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Olav Thon Eiendomsselskap'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.

Olav Thon Eiendomsselskap Cyclically Adjusted PS Ratio Chart

Olav Thon Eiendomsselskap 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 5.40 5.46 5.37 4.45 4.31

Olav Thon Eiendomsselskap Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.45 4.22 3.98 3.91 4.31

Competitive Comparison of Olav Thon Eiendomsselskap's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Olav Thon Eiendomsselskap'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.


Olav Thon Eiendomsselskap's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Olav Thon Eiendomsselskap's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Olav Thon Eiendomsselskap's Cyclically Adjusted PS Ratio falls into.



Olav Thon Eiendomsselskap 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.

Olav Thon Eiendomsselskap's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=224.00/39.22
=5.71

* 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.

Olav Thon Eiendomsselskap's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Olav Thon Eiendomsselskap's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=12.397/131.9000*131.9000
=12.397

Current CPI (Dec. 2023) = 131.9000.

Olav Thon Eiendomsselskap Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.235 97.300 11.163
201406 7.052 97.500 9.540
201409 6.924 98.500 9.272
201412 7.093 98.600 9.489
201503 7.177 99.200 9.543
201506 7.221 100.100 9.515
201509 7.808 100.600 10.237
201512 7.850 100.900 10.262
201603 6.578 102.500 8.465
201606 8.442 103.800 10.727
201609 7.265 104.200 9.196
201612 8.483 104.400 10.718
201703 8.215 105.000 10.320
201706 7.944 105.800 9.904
201709 8.254 105.900 10.280
201712 9.441 106.100 11.737
201803 8.335 107.300 10.246
201806 7.760 108.500 9.434
201809 7.920 109.500 9.540
201812 9.564 109.800 11.489
201903 7.396 110.400 8.836
201906 9.865 110.600 11.765
201909 9.578 111.100 11.371
201912 9.877 111.300 11.705
202003 9.365 111.200 11.108
202006 10.926 112.100 12.856
202009 9.971 112.900 11.649
202012 11.201 112.900 13.086
202103 9.259 114.600 10.657
202106 8.434 115.300 9.648
202109 9.542 117.500 10.711
202112 10.060 118.900 11.160
202203 10.453 119.800 11.509
202206 10.275 122.600 11.054
202209 10.091 125.600 10.597
202212 11.019 125.900 11.544
202303 13.831 127.600 14.297
202306 13.723 130.400 13.881
202309 11.673 129.800 11.862
202312 12.397 131.900 12.397

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.


Olav Thon Eiendomsselskap  (OSTO:OLTO) 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.


Olav Thon Eiendomsselskap Cyclically Adjusted PS Ratio Related Terms

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


Olav Thon Eiendomsselskap (OSTO:OLTO) Business Description

Traded in Other Exchanges
Address
Stenersgata 2A, Sentrum, P.O. Box 489, Oslo, NOR, 0105
Olav Thon Eiendomsselskap is a general real estate company that operates in two segments: shopping centers and commercial property. The vast majority of revenue is derived from its shopping center segment. Olav generates most of its revenue in Norway, followed by Sweden. The company aims to realize portfolio returns through active development, effective management, and satisfied tenants. The company considers merger and acquisition investment as a component of its operational growth strategy.

Olav Thon Eiendomsselskap (OSTO:OLTO) Headlines

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