Magnora ASA (LTS:0MHQ) Cyclically Adjusted PS Ratio: 22.42 (As of Jul. 29, 2026) — 579% Above Median

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Director of Data and Quant Analytics at GuruFocus
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LTS:0MHQ Magnora ASA LTS:0MHQ
70 GF Score
Price kr22.20
GF Value kr21.66
Valuation Fairly Valued
! 6 Warning Signs
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What is Magnora ASA Cyclically Adjusted PS Ratio?

Magnora ASA LTS:0MHQ -6.92% 70 Cyclically Adjusted PS Ratio is 22.42 as of Jul. 29, 2026, which is 579% above its 10-year median of 3.30. GuruFocus rates LTS:0MHQ with a GF Score™ of 70/100 and a GF Value™ of kr21.66 (Fairly Valued). The stock has 6 warning signs investors should review. Among 270 Utilities - Independent Power Producers companies, Magnora ASA ranks worse than 96.3% on this metric.

As of today (2026-07-29), Magnora ASA's current share price is kr22.20. Magnora ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr0.99. Magnora ASA's Cyclically Adjusted PS Ratio for today is 22.42.

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

LTS:0MHQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 3.3   Max: 47.72
Current: 24.4

During the past years, Magnora ASA's highest Cyclically Adjusted PS Ratio was 47.72. The lowest was 0.12. And the median was 3.30.

LTS:0MHQ's Cyclically Adjusted PS Ratio is ranked worse than
96.3% of 270 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.69 vs LTS:0MHQ: 24.40

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.

Magnora ASA's adjusted revenue per share data for the three months ended in Mar. 2026 was kr0.033. 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 kr0.99 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magnora ASA  (LTS:0MHQ) 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.


Magnora ASA Cyclically Adjusted PS Ratio Related Terms


Magnora ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Magnora 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.

Magnora ASA Cyclically Adjusted PS Ratio Chart

Magnora ASA 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 3.11 4.29 9.46 18.16 18.08

Magnora ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.85 25.19 46.29 18.08 24.04

Magnora ASA Cyclically Adjusted PS Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Magnora 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.


Magnora ASA Cyclically Adjusted PS Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


LTS:0MHQ
70GF Score
Magnora ASA LTS:0MHQ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnora 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.20/0.99
=22.42

* 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.

Magnora ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Magnora ASA's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.033/141.0300*141.0300
=0.033

Current CPI (Mar. 2026) = 141.0300.

Magnora ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.648 103.800 0.880
201609 0.416 104.200 0.563
201612 0.348 104.400 0.470
201703 0.230 105.000 0.309
201706 0.000 105.800 0.000
201709 0.000 105.900 0.000
201712 0.061 106.100 0.081
201803 0.523 107.300 0.687
201806 0.285 108.500 0.370
201809 0.266 109.500 0.343
201812 0.268 109.800 0.344
201903 0.251 110.400 0.321
201906 0.174 110.600 0.222
201909 0.188 111.100 0.239
201912 0.167 111.300 0.212
202003 0.169 111.200 0.214
202006 0.112 112.100 0.141
202009 0.145 112.900 0.181
202012 0.111 112.900 0.139
202103 0.096 114.600 0.118
202106 0.042 115.300 0.051
202109 0.075 117.500 0.090
202112 0.051 118.900 0.060
202203 0.067 119.800 0.079
202206 0.102 122.600 0.117
202209 0.065 125.600 0.073
202212 1.171 125.900 1.312
202303 0.166 127.600 0.183
202306 0.009 130.400 0.010
202309 0.003 129.800 0.003
202312 -0.030 131.900 -0.032
202403 0.004 132.600 0.004
202406 0.042 133.800 0.044
202409 0.002 133.700 0.002
202412 -0.012 134.800 -0.013
202503 0.747 136.100 0.774
202506 0.035 137.800 0.036
202509 0.008 138.500 0.008
202512 0.685 139.100 0.695
202603 0.033 141.030 0.033

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.

What does a Cyclically Adjusted PS Ratio of 22.42 mean?
Magnora ASA (LTS:0MHQ) has a Cyclically Adjusted PS Ratio of 22.42 as of Jul. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Magnora ASA and its competitors. This is 579% above median its historical median of 3.30. Over the past decade, Magnora ASA's Cyclically Adjusted PS Ratio has ranged from 0.12 to 47.72. According to the industry distribution chart, Magnora ASA ranks #260 out of 270 companies in the Utilities - Independent Power Producers industry, placing it in the top 96.3%.
Is Magnora ASA's Cyclically Adjusted PS Ratio too high?
Magnora ASA's current Cyclically Adjusted PS Ratio of 22.42 is 579% above median its 10-year median of 3.30. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 47.72. The Utilities - Independent Power Producers industry median Cyclically Adjusted PS Ratio is 1.69. Magnora ASA's value of 22.42 is 1226.6% above this industry median. Based on the distribution chart, Magnora ASA ranks #260 out of 270 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Magnora ASA has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnora ASA's Cyclically Adjusted PS Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Magnora ASA ranks #260 out of 270 companies for Cyclically Adjusted PS Ratio. This places Magnora ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.69. Magnora ASA's value of 22.42 is 1226.6% above this benchmark. Historically, Magnora ASA's own Cyclically Adjusted PS Ratio has ranged from 0.12 to 47.72 over the past decade. While the company's 10-year median is 3.30 vs. the industry median of 1.69, Magnora ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PS Ratio among Utilities - Independent Power Producers companies is 1.69, based on 270 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Magnora ASA's current Cyclically Adjusted PS Ratio of 22.42 is 1226.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Magnora ASA and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PS Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnora ASA's current Cyclically Adjusted PS Ratio is 22.42, which is 579% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnora ASA stock overvalued right now?
Based on GuruFocus' analysis, Magnora ASA (LTS:0MHQ) is currently considered Fairly Valued. The stock's GF Value™ is kr21.66, compared to a current price of kr22.20 — trading 2.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 22.42, which is 579% above median its 10-year median of 3.30 and 1226.6% above the Utilities - Independent Power Producers industry median of 1.69. Magnora ASA's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Magnora ASA (LTS:0MHQ), the current Cyclically Adjusted PS Ratio is 22.42 as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Magnora ASA (LTS:0MHQ) Overvalued in 2026?

Based on GuruFocus' analysis, Magnora ASA stock appears to be overvalued. The current stock price of kr22.20 is trading 2.5% above its estimated GF Value™ of kr21.66. GuruFocus considers Magnora ASA to be Fairly Valued.

Key valuation signals for LTS:0MHQ:

  • Cyclically Adjusted PS Ratio: 22.42 (579% above median its 10-year median of 3.30)
  • GF Value™: kr21.66 vs. price of kr22.20 (2.5% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 1226.6% above the Utilities - Independent Power Producers median (#260 of 270)

No single metric tells the full story. See the LTS:0MHQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Magnora ASA Business Description

Other Exchanges MGN:Norway4SM:Germany
Address Karenslyst Alle 6, 1st floor, Oslo, NOR, 0278
Magnora ASA is a renewable energy development company, focusing on the development of wind and Solar PV projects. The group has one operating segment, which is the development of renewable projects that includes four segments: Onshore solar photovoltaic (PV) energy, Onshore wind energy, Battery energy storage systems (BESS), and Offshore wind energy.
70GF Score

Get the complete analysis for LTS:0MHQ

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

kr22.20
Price
kr21.66
GF Value