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Kitron ASA (FRA:KP5) Cyclically Adjusted PS Ratio : 1.44 (As of May. 29, 2024)


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What is Kitron ASA Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Kitron ASA's current share price is €2.828. Kitron ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €1.96. Kitron ASA's Cyclically Adjusted PS Ratio for today is 1.44.

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

FRA:KP5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 1.15   Max: 2.37
Current: 1.46

During the past years, Kitron ASA's highest Cyclically Adjusted PS Ratio was 2.37. The lowest was 0.57. And the median was 1.15.

FRA:KP5's Cyclically Adjusted PS Ratio is ranked worse than
60.17% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs FRA:KP5: 1.46

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.

Kitron ASA's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.942. 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 €1.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kitron ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kitron 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.

Kitron ASA Cyclically Adjusted PS Ratio Chart

Kitron 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 0.85 1.28 1.50 1.50 1.47

Kitron ASA 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 1.50 1.87 2.06 1.63 1.47

Competitive Comparison of Kitron ASA's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Kitron 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.


Kitron ASA's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Kitron 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.828/1.96
=1.44

* 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.

Kitron ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kitron ASA'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)
=0.942/131.9000*131.9000
=0.942

Current CPI (Dec. 2023) = 131.9000.

Kitron ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.309 97.300 0.419
201406 0.282 97.500 0.381
201409 0.292 98.500 0.391
201412 0.224 98.600 0.300
201503 0.319 99.200 0.424
201506 0.334 100.100 0.440
201509 0.280 100.600 0.367
201512 0.294 100.900 0.384
201603 0.315 102.500 0.405
201606 0.338 103.800 0.430
201609 0.289 104.200 0.366
201612 0.319 104.400 0.403
201703 0.355 105.000 0.446
201706 0.387 105.800 0.482
201709 0.316 105.900 0.394
201712 0.313 106.100 0.389
201803 0.385 107.300 0.473
201806 0.389 108.500 0.473
201809 0.327 109.500 0.394
201812 0.348 109.800 0.418
201903 0.470 110.400 0.562
201906 0.488 110.600 0.582
201909 0.422 111.100 0.501
201912 0.522 111.300 0.619
202003 0.424 111.200 0.503
202006 0.536 112.100 0.631
202009 0.533 112.900 0.623
202012 0.600 112.900 0.701
202103 0.523 114.600 0.602
202106 0.541 115.300 0.619
202109 0.460 117.500 0.516
202112 0.558 118.900 0.619
202203 0.640 119.800 0.705
202206 0.715 122.600 0.769
202209 0.883 125.600 0.927
202212 0.967 125.900 1.013
202303 1.003 127.600 1.037
202306 1.051 130.400 1.063
202309 0.924 129.800 0.939
202312 0.942 131.900 0.942

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.


Kitron ASA  (FRA:KP5) 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.


Kitron ASA Cyclically Adjusted PS Ratio Related Terms

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


Kitron ASA (FRA:KP5) Business Description

Industry
Traded in Other Exchanges
Address
Olav Brunborgs vei 4, Billingstad, NOR, 1396
Kitron ASA is an electronics manufacturing service company. It manufactures products that are embedded in the customers' own products and box-built electronic products. The company provides a high-level assembly of complex electromechanical products and also provides various other services within development, industrialization, supply chain management, logistics, and aftermarket services. The company has manufacturing facilities in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, and the United States. It serves Defense/Aerospace, Energy/Telecoms, Industry, Medical Devices, and Offshore/Marine markets. The company operates in a single segment Electronics Manufacturing Services from which it earns the majority of its revenues.

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