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Saab AB (OSTO:SAAB B) Cyclically Adjusted PS Ratio : 3.02 (As of Jun. 04, 2024)


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What is Saab AB Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Saab AB's current share price is kr256.50. Saab AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr84.80. Saab AB's Cyclically Adjusted PS Ratio for today is 3.02.

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

OSTO:SAAB B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.3   Max: 2.99
Current: 2.99

During the past years, Saab AB's highest Cyclically Adjusted PS Ratio was 2.99. The lowest was 0.71. And the median was 1.30.

OSTO:SAAB B's Cyclically Adjusted PS Ratio is ranked worse than
72.3% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs OSTO:SAAB B: 2.99

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.

Saab AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr26.291. 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 kr84.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saab AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Saab 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.

Saab AB Cyclically Adjusted PS Ratio Chart

Saab 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 1.28 0.96 0.86 1.33 1.82

Saab 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 2.02 1.82 1.71 1.82 2.81

Competitive Comparison of Saab AB's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Saab 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.


Saab AB's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Saab AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Saab 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=256.50/84.8
=3.02

* 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.

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

For example, Saab 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)
=26.291/132.2054*132.2054
=26.291

Current CPI (Mar. 2024) = 132.2054.

Saab AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.245 100.432 16.119
201409 11.092 100.161 14.641
201412 16.167 100.225 21.326
201503 11.705 99.950 15.482
201506 12.897 99.995 17.051
201509 12.554 100.228 16.559
201512 21.832 100.276 28.784
201603 14.685 100.751 19.270
201606 15.270 101.019 19.984
201609 12.440 101.138 16.261
201612 19.473 102.022 25.234
201703 16.000 102.022 20.734
201706 17.045 102.752 21.931
201709 13.242 103.279 16.951
201712 21.719 103.793 27.664
201803 16.654 103.962 21.178
201806 17.050 104.875 21.493
201809 13.790 105.679 17.251
201812 23.140 105.912 28.885
201903 15.835 105.886 19.771
201906 15.751 106.742 19.509
201909 14.798 107.214 18.247
201912 19.775 107.766 24.260
202003 15.033 106.563 18.650
202006 16.531 107.498 20.331
202009 11.309 107.635 13.891
202012 23.318 108.296 28.466
202103 17.055 108.360 20.808
202106 18.980 108.928 23.036
202109 15.000 110.338 17.973
202112 22.434 112.486 26.367
202203 17.292 114.825 19.909
202206 19.007 118.384 21.226
202209 16.346 122.296 17.670
202212 25.856 126.365 27.051
202303 21.368 127.042 22.237
202306 23.189 129.407 23.691
202309 21.412 130.224 21.738
202312 29.987 131.912 30.054
202403 26.291 132.205 26.291

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.


Saab AB  (OSTO:SAAB 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.


Saab AB Cyclically Adjusted PS Ratio Related Terms

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


Saab AB (OSTO:SAAB B) Business Description

Traded in Other Exchanges
Address
Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22
Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

Saab AB (OSTO:SAAB B) Headlines

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