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Skanska AB (Skanska AB) Cyclically Adjusted PS Ratio : 0.42 (As of May. 17, 2024)


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What is Skanska AB Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Skanska AB's current share price is $18.50. Skanska AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $44.38. Skanska AB's Cyclically Adjusted PS Ratio for today is 0.42.

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

SKSBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.47   Max: 0.67
Current: 0.41

During the past years, Skanska AB's highest Cyclically Adjusted PS Ratio was 0.67. The lowest was 0.31. And the median was 0.47.

SKSBF's Cyclically Adjusted PS Ratio is ranked better than
64.21% of 1277 companies
in the Construction industry
Industry Median: 0.65 vs SKSBF: 0.41

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.

Skanska AB's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.503. 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 $44.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skanska AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Skanska 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.

Skanska AB Cyclically Adjusted PS Ratio Chart

Skanska 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 0.57 0.55 0.59 0.37 0.39

Skanska 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 0.35 0.33 0.39 0.39 0.41

Competitive Comparison of Skanska AB's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Skanska 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.


Skanska AB's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Skanska AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Skanska 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.50/44.38
=0.42

* 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.

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

For example, Skanska 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)
=8.503/132.2054*132.2054
=8.503

Current CPI (Mar. 2024) = 132.2054.

Skanska AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.567 100.432 16.543
201409 13.530 100.161 17.859
201412 12.844 100.225 16.942
201503 9.398 99.950 12.431
201506 11.811 99.995 15.616
201509 10.504 100.228 13.855
201512 12.200 100.276 16.085
201603 8.799 100.751 11.546
201606 11.628 101.019 15.218
201609 10.131 101.138 13.243
201612 10.494 102.022 13.599
201703 9.133 102.022 11.835
201706 11.181 102.752 14.386
201709 11.767 103.279 15.063
201712 13.125 103.793 16.718
201803 10.230 103.962 13.009
201806 12.058 104.875 15.200
201809 11.698 105.679 14.634
201812 13.569 105.912 16.938
201903 9.690 105.886 12.099
201906 10.966 106.742 13.582
201909 10.592 107.214 13.061
201912 13.006 107.766 15.956
202003 9.901 106.563 12.284
202006 10.559 107.498 12.986
202009 10.011 107.635 12.296
202012 12.282 108.296 14.994
202103 9.207 108.360 11.233
202106 10.393 108.928 12.614
202109 9.444 110.338 11.316
202112 10.861 112.486 12.765
202203 8.831 114.825 10.168
202206 10.214 118.384 11.407
202209 9.575 122.296 10.351
202212 9.832 126.365 10.286
202303 8.402 127.042 8.744
202306 9.484 129.407 9.689
202309 9.209 130.224 9.349
202312 10.856 131.912 10.880
202403 8.503 132.205 8.503

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.


Skanska AB  (OTCPK:SKSBF) 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.


Skanska AB Cyclically Adjusted PS Ratio Related Terms

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


Skanska AB (Skanska AB) Business Description

Industry
Address
Warfvinges vag 25, Stockholm, SWE, 112 74
Skanska AB is one of the world's construction and project development companies. It develops properties and structures in the Nordic region, North America, and elsewhere. The company uses its skills and expertise to develop highways, bridges, mass transit, houses, and logistic centers. Skanska operates in business segments: construction (the majority of total revenue), residential development, commercial property development. It earns contracts and exploits local knowledge of markets, customers, and suppliers to meet clients' needs. Projects range from simple to highly technical and are driven by urbanization in the designated regions. The majority of revenue derives from Europe.