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Holmen AB (Holmen AB) Cyclically Adjusted PS Ratio : 3.39 (As of Jun. 11, 2024)


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What is Holmen AB Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Holmen AB's current share price is $41.20. Holmen AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.15. Holmen AB's Cyclically Adjusted PS Ratio for today is 3.39.

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

HLMMF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.68   Med: 3.37   Max: 5.23
Current: 3.21

During the past years, Holmen AB's highest Cyclically Adjusted PS Ratio was 5.23. The lowest was 1.68. And the median was 3.37.

HLMMF's Cyclically Adjusted PS Ratio is ranked worse than
92.74% of 248 companies
in the Forest Products industry
Industry Median: 0.575 vs HLMMF: 3.21

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.

Holmen AB's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.471. 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 $12.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holmen AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Holmen 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.

Holmen AB Cyclically Adjusted PS Ratio Chart

Holmen 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 2.79 3.96 4.12 3.42 3.23

Holmen 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 3.36 3.09 3.30 3.23 3.30

Competitive Comparison of Holmen AB's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Holmen 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.


Holmen AB's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Holmen AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Holmen 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.20/12.15
=3.39

* 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.

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

For example, Holmen 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)
=3.471/132.2054*132.2054
=3.471

Current CPI (Mar. 2024) = 132.2054.

Holmen AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.541 100.432 4.661
201409 3.315 100.161 4.376
201412 3.094 100.225 4.081
201503 2.855 99.950 3.776
201506 2.955 99.995 3.907
201509 2.876 100.228 3.794
201512 2.566 100.276 3.383
201603 2.688 100.751 3.527
201606 2.800 101.019 3.664
201609 2.657 101.138 3.473
201612 2.540 102.022 3.291
201703 2.771 102.022 3.591
201706 2.912 102.752 3.747
201709 2.918 103.279 3.735
201712 2.724 103.793 3.470
201803 2.943 103.962 3.743
201806 2.805 104.875 3.536
201809 2.535 105.679 3.171
201812 2.574 105.912 3.213
201903 2.734 105.886 3.414
201906 2.775 106.742 3.437
201909 2.609 107.214 3.217
201912 2.786 107.766 3.418
202003 2.793 106.563 3.465
202006 2.517 107.498 3.096
202009 2.607 107.635 3.202
202012 3.097 108.296 3.781
202103 3.425 108.360 4.179
202106 3.763 108.928 4.567
202109 3.475 110.338 4.164
202112 3.234 112.486 3.801
202203 3.729 114.825 4.293
202206 3.784 118.384 4.226
202209 3.255 122.296 3.519
202212 3.690 126.365 3.861
202303 3.683 127.042 3.833
202306 3.302 129.407 3.373
202309 3.048 130.224 3.094
202312 3.324 131.912 3.331
202403 3.471 132.205 3.471

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.


Holmen AB  (OTCPK:HLMMF) 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.


Holmen AB Cyclically Adjusted PS Ratio Related Terms

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


Holmen AB (Holmen AB) Business Description

Address
Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84
Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (Holmen AB) Headlines

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