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Evolution AB (Evolution AB) Cyclically Adjusted PS Ratio : 31.82 (As of May. 22, 2024)


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What is Evolution AB Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Evolution AB's current share price is $110.40. Evolution AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.47. Evolution AB's Cyclically Adjusted PS Ratio for today is 31.82.

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

EVVTY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 30.2   Med: 36.73   Max: 44.93
Current: 31.84

During the past years, Evolution AB's highest Cyclically Adjusted PS Ratio was 44.93. The lowest was 30.20. And the median was 36.73.

EVVTY's Cyclically Adjusted PS Ratio is ranked worse than
98.44% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.48 vs EVVTY: 31.84

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.

Evolution AB's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.536. 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 $3.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evolution AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evolution 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.

Evolution AB Cyclically Adjusted PS Ratio Chart

Evolution 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 - - - - 34.93

Evolution 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 - 44.93 34.21 34.93 35.91

Competitive Comparison of Evolution AB's Cyclically Adjusted PS Ratio

For the Gambling subindustry, Evolution 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.


Evolution AB's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Evolution AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Evolution 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.40/3.47
=31.82

* 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.

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

For example, Evolution 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)
=2.536/132.2054*132.2054
=2.536

Current CPI (Mar. 2024) = 132.2054.

Evolution AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.089 100.432 0.117
201409 0.092 100.161 0.121
201412 0.097 100.225 0.128
201503 0.095 99.950 0.126
201506 0.113 99.995 0.149
201509 0.124 100.228 0.164
201512 0.138 100.276 0.182
201603 0.154 100.751 0.202
201606 0.170 101.019 0.222
201609 0.181 101.138 0.237
201612 0.198 102.022 0.257
201703 0.236 102.022 0.306
201706 0.262 102.752 0.337
201709 0.300 103.279 0.384
201712 0.330 103.793 0.420
201803 0.350 103.962 0.445
201806 0.381 104.875 0.480
201809 0.409 105.679 0.512
201812 0.435 105.912 0.543
201903 0.489 105.886 0.611
201906 0.528 106.742 0.654
201909 0.569 107.214 0.702
201912 0.642 107.766 0.788
202003 0.694 106.563 0.861
202006 0.772 107.498 0.949
202009 0.882 107.635 1.083
202012 1.095 108.296 1.337
202103 1.280 108.360 1.562
202106 1.391 108.928 1.688
202109 1.456 110.338 1.745
202112 1.524 112.486 1.791
202203 1.646 114.825 1.895
202206 1.675 118.384 1.871
202209 1.726 122.296 1.866
202212 1.988 126.365 2.080
202303 2.094 127.042 2.179
202306 2.200 129.407 2.248
202309 2.235 130.224 2.269
202312 2.407 131.912 2.412
202403 2.536 132.205 2.536

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.


Evolution AB  (OTCPK:EVVTY) 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.


Evolution AB Cyclically Adjusted PS Ratio Related Terms

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


Evolution AB (Evolution AB) Business Description

Address
Hamngatan 11, Stockholm, SWE, SE-111 47
Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.