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SpareBank 1 Sorost-Norge (FRA:EZ4) Cyclically Adjusted PS Ratio : 1.97 (As of Jun. 20, 2024)


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What is SpareBank 1 Sorost-Norge Cyclically Adjusted PS Ratio?

As of today (2024-06-20), SpareBank 1 Sorost-Norge's current share price is €5.852. SpareBank 1 Sorost-Norge's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €2.97. SpareBank 1 Sorost-Norge's Cyclically Adjusted PS Ratio for today is 1.97.

The historical rank and industry rank for SpareBank 1 Sorost-Norge's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:EZ4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.18   Max: 2.04
Current: 1.93

During the past years, SpareBank 1 Sorost-Norge's highest Cyclically Adjusted PS Ratio was 2.04. The lowest was 0.70. And the median was 1.18.

FRA:EZ4's Cyclically Adjusted PS Ratio is ranked better than
61.96% of 1196 companies
in the Banks industry
Industry Median: 2.33 vs FRA:EZ4: 1.93

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.

SpareBank 1 Sorost-Norge's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.452. 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 €2.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SpareBank 1 Sorost-Norge Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SpareBank 1 Sorost-Norge'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.

SpareBank 1 Sorost-Norge Cyclically Adjusted PS Ratio Chart

SpareBank 1 Sorost-Norge 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 0.85 0.95 1.57 1.42 1.85

SpareBank 1 Sorost-Norge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.42 1.31 1.36 1.43 1.85

Competitive Comparison of SpareBank 1 Sorost-Norge's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, SpareBank 1 Sorost-Norge'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.


SpareBank 1 Sorost-Norge's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Sorost-Norge's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Sorost-Norge's Cyclically Adjusted PS Ratio falls into.



SpareBank 1 Sorost-Norge 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.

SpareBank 1 Sorost-Norge's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.852/2.97
=1.97

* 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.

SpareBank 1 Sorost-Norge's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SpareBank 1 Sorost-Norge's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.452/131.9000*131.9000
=0.452

Current CPI (Dec. 2023) = 131.9000.

SpareBank 1 Sorost-Norge Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.850 97.300 2.508
201406 2.040 97.500 2.760
201409 2.454 98.500 3.286
201412 1.635 98.600 2.187
201503 1.670 99.200 2.220
201506 1.829 100.100 2.410
201509 1.398 100.600 1.833
201512 0.733 100.900 0.958
201603 0.787 102.500 1.013
201606 1.063 103.800 1.351
201609 1.053 104.200 1.333
201612 0.880 104.400 1.112
201703 0.439 105.000 0.551
201706 0.448 105.800 0.559
201709 0.458 105.900 0.570
201712 0.429 106.100 0.533
201803 0.549 107.300 0.675
201806 0.519 108.500 0.631
201809 0.444 109.500 0.535
201812 0.241 109.800 0.290
201903 0.449 110.400 0.536
201906 0.448 110.600 0.534
201909 0.438 111.100 0.520
201912 0.481 111.300 0.570
202003 0.361 111.200 0.428
202006 0.472 112.100 0.555
202009 0.436 112.900 0.509
202012 0.411 112.900 0.480
202103 0.468 114.600 0.539
202106 0.383 115.300 0.438
202109 0.413 117.500 0.464
202112 0.427 118.900 0.474
202203 0.428 119.800 0.471
202206 0.438 122.600 0.471
202209 0.440 125.600 0.462
202212 0.525 125.900 0.550
202303 0.443 127.600 0.458
202306 0.471 130.400 0.476
202309 0.454 129.800 0.461
202312 0.452 131.900 0.452

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.


SpareBank 1 Sorost-Norge  (FRA:EZ4) 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.


SpareBank 1 Sorost-Norge Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Sorost-Norge's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 Sorost-Norge (FRA:EZ4) Business Description

Traded in Other Exchanges
Address
Hammersborggata 2, Oslo, NOR, 0179
SpareBank 1 Sorost-Norge, formerly SpareBank 1 BV operates as a savings bank. It offers a range of financial services including loans, savings, advice, insurance, and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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