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AKAAF (Aker ASA) Cyclically Adjusted PS Ratio : 1.06 (As of Jan. 19, 2025)


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What is Aker ASA Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Aker ASA's current share price is $47.75. Aker ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $45.11. Aker ASA's Cyclically Adjusted PS Ratio for today is 1.06.

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

AKAAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.12   Max: 1.73
Current: 1.21

During the past 13 years, Aker ASA's highest Cyclically Adjusted PS Ratio was 1.73. The lowest was 0.36. And the median was 1.12.

AKAAF's Cyclically Adjusted PS Ratio is ranked worse than
61.11% of 414 companies
in the Conglomerates industry
Industry Median: 0.82 vs AKAAF: 1.21

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.

Aker ASA's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $17.339. 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 $45.11 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aker ASA'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.

Aker ASA Cyclically Adjusted PS Ratio Chart

Aker ASA 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 1.11 1.13 1.59 1.30 1.38

Aker ASA Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 1.30 - 1.38 -

Competitive Comparison of Aker ASA's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Aker ASA'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.


Aker ASA's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aker ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aker ASA 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.

Aker ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=47.75/45.11
=1.06

* 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.

Aker ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Aker ASA's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=17.339/131.9000*131.9000
=17.339

Current CPI (Dec23) = 131.9000.

Aker ASA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 132.571 98.600 177.344
201512 87.570 100.900 114.475
201612 64.609 104.400 81.628
201712 62.218 106.100 77.347
201812 63.957 109.800 76.830
201912 7.809 111.300 9.254
202012 5.739 112.900 6.705
202112 8.511 118.900 9.442
202212 13.160 125.900 13.787
202312 17.339 131.900 17.339

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.


Aker ASA  (OTCPK:AKAAF) 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.


Aker ASA Cyclically Adjusted PS Ratio Related Terms

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


Aker ASA Business Description

Industry
Address
Oksenoyveien 10, Lysaker, Oslo, NOR, 1366
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. Investments are broken down into two portfolios; Industrial holdings are strategic assets and are managed with a long-term perspective. It comprises Aker's ownership interests in Aker BP, Aker Energy, Aker Solutions, Aker Horizons, Aker BioMarine, SalMar Aker Ocean, Cognite, and Aize, and Financial investments comprise cash, other assets, and the listed companies Akastor, AMSC, Philly Shipyard, and Solstad Offshore, in addition to ICP and Aker Property Group.

Aker ASA Headlines

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