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Elmera Group ASA (OSL:ELMRA) PS Ratio : 0.21 (As of May. 17, 2024)


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What is Elmera Group ASA PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Elmera Group ASA's share price is kr31.50. Elmera Group ASA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was kr148.56. Hence, Elmera Group ASA's PS Ratio for today is 0.21.

Warning Sign:

Elmera Group ASA stock PS Ratio (=0.22) is close to 2-year high of 0.23

The historical rank and industry rank for Elmera Group ASA's PS Ratio or its related term are showing as below:

OSL:ELMRA' s PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.58   Max: 2.25
Current: 0.22

During the past 9 years, Elmera Group ASA's highest PS Ratio was 2.25. The lowest was 0.06. And the median was 0.58.

OSL:ELMRA's PS Ratio is ranked better than
92.73% of 509 companies
in the Utilities - Regulated industry
Industry Median: 1.3 vs OSL:ELMRA: 0.22

Elmera Group ASA's Revenue per Sharefor the three months ended in Mar. 2024 was kr48.59. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was kr148.56.

Warning Sign:

Elmera Group ASA revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Elmera Group ASA was -39.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 64.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 32.30% per year.

During the past 9 years, Elmera Group ASA's highest 3-Year average Revenue per Share Growth Rate was 64.70% per year. The lowest was -3.50% per year. And the median was 24.25% per year.

Back to Basics: PS Ratio


Elmera Group ASA PS Ratio Historical Data

The historical data trend for Elmera Group ASA's 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.

Elmera Group ASA PS Ratio Chart

Elmera Group ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only 0.86 2.19 0.37 0.07 0.18

Elmera Group ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.07 0.09 0.13 0.18 0.23

Competitive Comparison of Elmera Group ASA's PS Ratio

For the Utilities - Regulated Electric subindustry, Elmera Group ASA's PS Ratio, along with its competitors' market caps and 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.


Elmera Group ASA's PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elmera Group ASA's PS Ratio distribution charts can be found below:

* The bar in red indicates where Elmera Group ASA's PS Ratio falls into.



Elmera Group ASA PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Elmera Group ASA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=31.50/148.556
=0.21

Elmera Group ASA's Share Price of today is kr31.50.
Elmera Group ASA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr148.56.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Elmera Group ASA  (OSL:ELMRA) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Elmera Group ASA PS Ratio Related Terms

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Elmera Group ASA (OSL:ELMRA) Business Description

Traded in Other Exchanges
Address
Folke Bernadottes vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA formerly Fjordkraft Holding ASA is an electric power supply company that serves the private and public sectors along with the residences of Norway. It operates in segments being; Consumer, Business, Nordic and New Growth Initiatives (NGI), which consists of its mobile services business, the alliance segment and the Extended Alliance. The consumer segment comprises the sale of electrical power to private consumers which generates key revenue whilst the latter comprises of sale of electricity to businesses.

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