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Industrivarden AB (LTS:0H13) Cyclically Adjusted PS Ratio : 11.44 (As of Jan. 19, 2025)


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What is Industrivarden AB Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Industrivarden AB's current share price is kr371.90. Industrivarden AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was kr32.50. Industrivarden AB's Cyclically Adjusted PS Ratio for today is 11.44.

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

LTS:0H13' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.63   Med: 11.03   Max: 19.25
Current: 11.48

During the past years, Industrivarden AB's highest Cyclically Adjusted PS Ratio was 19.25. The lowest was 7.63. And the median was 11.03.

LTS:0H13's Cyclically Adjusted PS Ratio is ranked worse than
67.14% of 846 companies
in the Asset Management industry
Industry Median: 8.365 vs LTS:0H13: 11.48

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.

Industrivarden AB's adjusted revenue per share data for the three months ended in Sep. 2024 was kr15.539. 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 kr32.50 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrivarden AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Industrivarden 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.

Industrivarden AB Cyclically Adjusted PS Ratio Chart

Industrivarden 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 12.04 15.96 10.07 9.98 11.13

Industrivarden AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 10.89 11.13 11.58 11.82 11.56

Competitive Comparison of Industrivarden AB's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Industrivarden 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.


Industrivarden AB's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Industrivarden 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=371.90/32.5
=11.44

* 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.

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

For example, Industrivarden AB's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=15.539/132.3043*132.3043
=15.539

Current CPI (Sep. 2024) = 132.3043.

Industrivarden AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 5.430 100.225 7.168
201503 26.130 99.950 34.588
201506 -5.630 99.995 -7.449
201509 -15.280 100.228 -20.170
201512 0.799 100.276 1.054
201603 6.410 100.751 8.417
201606 -0.480 101.019 -0.629
201609 15.430 101.138 20.185
201612 14.399 102.022 18.673
201703 23.860 102.022 30.942
201706 7.400 102.752 9.528
201709 3.490 103.279 4.471
201712 1.064 103.793 1.356
201803 3.460 103.962 4.403
201806 2.610 104.875 3.293
201809 14.640 105.679 18.329
201812 -39.822 105.912 -49.745
201903 35.110 105.886 43.870
201906 13.990 106.742 17.340
201909 -7.750 107.214 -9.564
201912 27.456 107.766 33.708
202003 -42.749 106.563 -53.076
202006 29.074 107.498 35.783
202009 12.719 107.635 15.634
202012 17.911 108.296 21.882
202103 42.389 108.360 51.756
202106 -1.328 108.928 -1.613
202109 -15.769 110.338 -18.908
202112 36.490 112.486 42.919
202203 -45.998 114.825 -53.000
202206 -16.048 118.384 -17.935
202209 -14.272 122.296 -15.440
202212 43.987 126.365 46.054
202303 27.440 127.042 28.577
202306 3.711 129.407 3.794
202309 -4.868 130.224 -4.946
202312 36.231 131.912 36.339
202403 38.412 132.205 38.441
202406 -17.115 132.716 -17.062
202409 15.539 132.304 15.539

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.


Industrivarden AB  (LTS:0H13) 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.


Industrivarden AB Cyclically Adjusted PS Ratio Related Terms

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


Industrivarden AB Business Description

Address
Storgatan 10, P.O Box 5403, Stockholm, SWE, 114 84
Industrivarden AB is an asset management firm with a long-term, activist orientation. The company's stated investment goal is to increase net asset value and generate returns in excess of the market cost of capital. Industrivarden makes investments in Nordic companies it can influence through corporate governance actions. It benchmarks its performance relative to the average return of the Stockholm Stock Exchange. The firm counts many public and private pension managers, foundations, and retail investors as its client base. Its security selection criteria emphasize enduring business models with promising growth prospects at an attractive valuation.

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