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Schibsted ASA (FRA:XPG) Cyclically Adjusted PS Ratio : 4.05 (As of Jun. 22, 2024)


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What is Schibsted ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-22), Schibsted ASA's current share price is €27.52. Schibsted ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €6.79. Schibsted ASA's Cyclically Adjusted PS Ratio for today is 4.05.

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

FRA:XPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 2.19   Max: 4.86
Current: 3.87

During the past years, Schibsted ASA's highest Cyclically Adjusted PS Ratio was 4.86. The lowest was 1.07. And the median was 2.19.

FRA:XPG's Cyclically Adjusted PS Ratio is ranked worse than
88.86% of 718 companies
in the Media - Diversified industry
Industry Median: 0.89 vs FRA:XPG: 3.87

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.

Schibsted ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.460. 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 €6.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schibsted ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Schibsted 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.

Schibsted ASA Cyclically Adjusted PS Ratio Chart

Schibsted 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 2.37 3.56 3.50 2.04 3.51

Schibsted ASA 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 1.97 2.13 2.83 3.51 4.29

Competitive Comparison of Schibsted ASA's Cyclically Adjusted PS Ratio

For the Publishing subindustry, Schibsted 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.


Schibsted ASA's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Schibsted ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Schibsted 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.52/6.79
=4.05

* 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.

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

For example, Schibsted 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)
=1.46/132.6000*132.6000
=1.460

Current CPI (Mar. 2024) = 132.6000.

Schibsted ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.174 97.500 2.957
201409 2.023 98.500 2.723
201412 2.010 98.600 2.703
201503 1.987 99.200 2.656
201506 2.019 100.100 2.675
201509 1.819 100.600 2.398
201512 1.832 100.900 2.408
201603 1.819 102.500 2.353
201606 1.948 103.800 2.488
201609 1.824 104.200 2.321
201612 1.986 104.400 2.522
201703 1.943 105.000 2.454
201706 2.010 105.800 2.519
201709 1.966 105.900 2.462
201712 1.952 106.100 2.440
201803 1.907 107.300 2.357
201806 2.042 108.500 2.496
201809 1.900 109.500 2.301
201812 2.029 109.800 2.450
201903 1.976 110.400 2.373
201906 2.051 110.600 2.459
201909 1.288 111.100 1.537
201912 1.401 111.300 1.669
202003 1.137 111.200 1.356
202006 1.222 112.100 1.445
202009 1.266 112.900 1.487
202012 1.431 112.900 1.681
202103 1.420 114.600 1.643
202106 1.522 115.300 1.750
202109 1.534 117.500 1.731
202112 1.626 118.900 1.813
202203 1.602 119.800 1.773
202206 1.604 122.600 1.735
202209 1.573 125.600 1.661
202212 1.600 125.900 1.685
202303 1.446 127.600 1.503
202306 1.503 130.400 1.528
202309 1.484 129.800 1.516
202312 1.548 131.900 1.556
202403 1.460 132.600 1.460

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.


Schibsted ASA  (FRA:XPG) 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.


Schibsted ASA Cyclically Adjusted PS Ratio Related Terms

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


Schibsted ASA (FRA:XPG) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (FRA:XPG) Headlines

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