VNV Global AB (LTS:0A89) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LTS:0A89 VNV Global AB LTS:0A89
29 GF Score
Price kr18.70
! 1 Warning Sign
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What is VNV Global AB Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VNV Global AB  (LTS:0A89) 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.


VNV Global AB Cyclically Adjusted PS Ratio Related Terms


VNV Global AB Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for VNV Global 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.

VNV Global AB Cyclically Adjusted PS Ratio Chart

VNV Global AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.95 3.44 6.84

VNV Global AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.95 18.66 15.22 12.61 14.75

LTS:0A89 vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, VNV Global 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.


VNV Global AB Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, VNV Global AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0A89
29GF Score
VNV Global AB LTS:0A89
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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VNV Global 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.

VNV Global AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, VNV Global AB's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.007/134.6100*134.6100
=0.007

Current CPI (Jun. 2026) = 134.6100.

VNV Global AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.301 101.138 8.386
201612 5.655 102.022 7.461
201703 1.759 102.022 2.321
201706 -1.144 102.752 -1.499
201709 1.501 103.279 1.956
201712 13.823 103.793 17.927
201803 2.543 103.962 3.293
201806 -0.995 104.875 -1.277
201809 2.205 105.679 2.809
201812 -3.313 105.912 -4.211
201903 0.271 105.886 0.345
201906 13.252 106.742 16.712
201909 -0.392 107.214 -0.492
201912 10.882 107.766 13.593
202003 -5.648 106.563 -7.135
202006 5.494 107.498 6.880
202009 4.460 107.635 5.578
202012 -0.316 108.296 -0.393
202103 2.686 108.360 3.337
202106 8.364 108.928 10.336
202109 12.087 110.338 14.746
202112 -16.568 112.486 -19.827
202203 -16.955 114.825 -19.876
202206 -28.198 118.384 -32.063
202209 -15.352 122.296 -16.898
202212 -5.664 126.365 -6.034
202303 8.153 127.042 8.639
202306 0.006 129.407 0.006
202309 -1.026 130.224 -1.061
202312 -2.405 131.912 -2.454
202403 0.006 132.205 0.006
202406 0.009 132.716 0.009
202409 0.006 132.304 0.006
202412 0.007 132.987 0.007
202503 0.017 132.825 0.017
202506 -0.001 133.699 -0.001
202509 0.006 133.480 0.006
202512 0.004 133.380 0.004
202603 0.004 133.550 0.004
202606 0.007 134.610 0.007

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.


VNV Global AB Business Description

Other Exchanges VNV:Sweden82K:Germany
Address Master Samuelsgatan 1, 1st Floor, Stockholm, SWE, SE 111 44
VNV Global AB is an investment company that invests in unlisted companies in both developed and emerging markets. Its focus is on long-term investments with the potential for value appreciation, particularly in businesses with network effects. Its investment portfolio mainly comprises holdings in digital health, mobility, marketplace, and other sectors. Majority company invest in mobility.
29GF Score

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Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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