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Investor AB (XTER:IVSD) Cyclically Adjusted PS Ratio : (As of May. 29, 2024)


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What is Investor AB Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investor AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Investor 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.

Investor AB Cyclically Adjusted PS Ratio Chart

Investor 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 6.24 6.90 7.77 6.11 6.37

Investor 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 6.49 6.16 6.04 6.37 6.95

Competitive Comparison of Investor AB's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Investor 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.


Investor AB's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investor AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Investor 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.

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

For example, Investor 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)
=2.304/132.2054*132.2054
=2.304

Current CPI (Mar. 2024) = 132.2054.

Investor AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.243 100.432 2.953
201409 2.671 100.161 3.526
201412 2.568 100.225 3.387
201503 5.564 99.950 7.360
201506 -0.411 99.995 -0.543
201509 -2.445 100.228 -3.225
201512 3.041 100.276 4.009
201603 -0.464 100.751 -0.609
201606 1.435 101.019 1.878
201609 5.136 101.138 6.714
201612 0.577 102.022 0.748
201703 1.304 102.022 1.690
201706 0.581 102.752 0.748
201709 0.439 103.279 0.562
201712 0.258 103.793 0.329
201803 0.396 103.962 0.504
201806 0.747 104.875 0.942
201809 1.122 105.679 1.404
201812 -1.079 105.912 -1.347
201903 1.206 105.886 1.506
201906 0.883 106.742 1.094
201909 0.923 107.214 1.138
201912 1.347 107.766 1.652
202003 -1.121 106.563 -1.391
202006 2.234 107.498 2.747
202009 1.110 107.635 1.363
202012 0.562 108.296 0.686
202103 3.103 108.360 3.786
202106 1.293 108.928 1.569
202109 1.181 110.338 1.415
202112 2.899 112.486 3.407
202203 -1.812 114.825 -2.086
202206 -1.671 118.384 -1.866
202209 0.618 122.296 0.668
202212 1.931 126.365 2.020
202303 1.318 127.042 1.372
202306 1.634 129.407 1.669
202309 0.057 130.224 0.058
202312 2.171 131.912 2.176
202403 2.304 132.205 2.304

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.


Investor AB  (XTER:IVSD) 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.


Investor AB Cyclically Adjusted PS Ratio Related Terms

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Investor AB (XTER:IVSD) Business Description

Address
Arsenalsgatan 8C, Stockholm, SWE, SE-103 32
Investor AB is an industrial holding company with a long-term, active investment portfolio strategy. The company focuses on investing in companies that emphasize innovation and product development. Investor AB's so-called "buy-to-build" strategy seeks not to divest holdings, but rather to develop them over time in order to close the gap between price and value. A majority of its equity investments are made in the country of Sweden and greater Scandinavia, where the company mostly operates. The company measures performance by changes in net asset value and seeks to outperform the Stockholm Stock Exchange's OMSX Index. In 2015, Investor AB also formed and currently operates Patricia Industries, a sizable component of the company that was formed to manage its unlisted investments.

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