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Atea ASA (Atea ASA) Cyclically Adjusted PS Ratio : 0.43 (As of Jun. 04, 2024)


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What is Atea ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Atea ASA's current share price is $6.90. Atea ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $16.18. Atea ASA's Cyclically Adjusted PS Ratio for today is 0.43.

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

ATEAY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.42   Max: 0.57
Current: 0.42

During the past years, Atea ASA's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.26. And the median was 0.42.

ATEAY's Cyclically Adjusted PS Ratio is ranked better than
84.05% of 1455 companies
in the Software industry
Industry Median: 1.82 vs ATEAY: 0.42

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.

Atea ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.192. 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 $16.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atea ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Atea 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.

Atea ASA Cyclically Adjusted PS Ratio Chart

Atea ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.46 0.41 0.53 0.34

Atea ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.34 0.38 0.45 0.39 0.37

Competitive Comparison of Atea ASA's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Atea 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.


Atea ASA's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Atea ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Atea 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.90/16.18
=0.43

* 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.

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

For example, Atea ASA'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)
=3.192/132.6000*132.6000
=3.192

Current CPI (Mar. 2024) = 132.6000.

Atea ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.742 97.300 6.462
201406 4.753 97.500 6.464
201409 3.885 98.500 5.230
201412 4.858 98.600 6.533
201503 3.848 99.200 5.144
201506 4.197 100.100 5.560
201509 3.387 100.600 4.464
201512 4.567 100.900 6.002
201603 4.058 102.500 5.250
201606 4.791 103.800 6.120
201609 3.654 104.200 4.650
201612 4.862 104.400 6.175
201703 4.013 105.000 5.068
201706 4.615 105.800 5.784
201709 3.936 105.900 4.928
201712 5.400 106.100 6.749
201803 4.935 107.300 6.099
201806 5.142 108.500 6.284
201809 3.930 109.500 4.759
201812 5.300 109.800 6.401
201903 4.838 110.400 5.811
201906 4.984 110.600 5.975
201909 3.960 111.100 4.726
201912 4.992 111.300 5.947
202003 3.680 111.200 4.388
202006 5.006 112.100 5.921
202009 4.047 112.900 4.753
202012 6.019 112.900 7.069
202103 3.726 114.600 4.311
202106 3.469 115.300 3.990
202109 3.297 117.500 3.721
202112 3.926 118.900 4.378
202203 3.461 119.800 3.831
202206 3.472 122.600 3.755
202209 3.504 125.600 3.699
202212 4.497 125.900 4.736
202303 3.702 127.600 3.847
202306 3.669 130.400 3.731
202309 3.213 129.800 3.282
202403 3.192 132.600 3.192

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.


Atea ASA  (OTCPK:ATEAY) 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.


Atea ASA Cyclically Adjusted PS Ratio Related Terms

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


Atea ASA (Atea ASA) Business Description

Industry
Address
Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates most of its revenue in Sweden.

Atea ASA (Atea ASA) Headlines

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