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Saab AB (Saab AB) Cyclically Adjusted PS Ratio : 2.96 (As of May. 22, 2024)


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What is Saab AB Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Saab AB's current share price is $23.44. Saab AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $7.93. Saab AB's Cyclically Adjusted PS Ratio for today is 2.96.

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

SAABF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.3   Max: 2.85
Current: 2.85

During the past years, Saab AB's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.71. And the median was 1.30.

SAABF's Cyclically Adjusted PS Ratio is ranked worse than
70.09% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.55 vs SAABF: 2.85

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 $2.525. 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 $7.93 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
=23.44/7.93
=2.96

* 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)
=2.525/132.2054*132.2054
=2.525

Current CPI (Mar. 2024) = 132.2054.

Saab AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.832 100.432 2.412
201409 1.556 100.161 2.054
201412 2.119 100.225 2.795
201503 1.370 99.950 1.812
201506 1.560 99.995 2.063
201509 1.501 100.228 1.980
201512 2.570 100.276 3.388
201603 1.761 100.751 2.311
201606 1.839 101.019 2.407
201609 1.458 101.138 1.906
201612 2.115 102.022 2.741
201703 1.795 102.022 2.326
201706 1.964 102.752 2.527
201709 1.653 103.279 2.116
201712 2.588 103.793 3.296
201803 2.021 103.962 2.570
201806 1.937 104.875 2.442
201809 1.543 105.679 1.930
201812 2.563 105.912 3.199
201903 1.704 105.886 2.128
201906 1.674 106.742 2.073
201909 1.524 107.214 1.879
201912 2.096 107.766 2.571
202003 1.527 106.563 1.894
202006 1.776 107.498 2.184
202009 1.277 107.635 1.569
202012 2.788 108.296 3.404
202103 1.996 108.360 2.435
202106 2.260 108.928 2.743
202109 1.735 110.338 2.079
202112 2.468 112.486 2.901
202203 1.808 114.825 2.082
202206 1.894 118.384 2.115
202209 1.498 122.296 1.619
202212 2.491 126.365 2.606
202303 2.040 127.042 2.123
202306 2.153 129.407 2.200
202309 1.932 130.224 1.961
202312 2.923 131.912 2.930
202403 2.525 132.205 2.525

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  (OTCPK:SAABF) 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 (Saab AB) Business Description

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.

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