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Investor AB (MIL:1INVEB) Cyclically Adjusted PS Ratio : 7.15 (As of Jun. 05, 2024)


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What is Investor AB Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Investor AB's current share price is €23.945. Investor AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.35. Investor AB's Cyclically Adjusted PS Ratio for today is 7.15.

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

MIL:1INVEB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.94   Med: 6.44   Max: 8.39
Current: 7.4

During the past years, Investor AB's highest Cyclically Adjusted PS Ratio was 8.39. The lowest was 4.94. And the median was 6.44.

MIL:1INVEB's Cyclically Adjusted PS Ratio is ranked better than
51.66% of 873 companies
in the Asset Management industry
Industry Median: 7.69 vs MIL:1INVEB: 7.40

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.

Investor AB's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.302. 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 €3.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investor AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Investor 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.

Investor AB Cyclically Adjusted PS Ratio Chart

Investor 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 6.24 6.90 7.77 6.11 6.37

Investor 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 6.49 6.16 6.04 6.37 6.95

Competitive Comparison of Investor AB's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Investor 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.


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

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

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



Investor 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.945/3.35
=7.15

* 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.

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

For example, Investor 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)
=2.302/132.2054*132.2054
=2.302

Current CPI (Mar. 2024) = 132.2054.

Investor AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.561 100.432 0.738
201409 0.668 100.161 0.882
201412 0.642 100.225 0.847
201503 1.391 99.950 1.840
201506 -0.103 99.995 -0.136
201509 -0.611 100.228 -0.806
201512 0.761 100.276 1.003
201603 -0.116 100.751 -0.152
201606 0.359 101.019 0.470
201609 1.284 101.138 1.678
201612 0.576 102.022 0.746
201703 1.302 102.022 1.687
201706 0.580 102.752 0.746
201709 0.438 103.279 0.561
201712 0.258 103.793 0.329
201803 0.395 103.962 0.502
201806 0.745 104.875 0.939
201809 1.119 105.679 1.400
201812 -1.076 105.912 -1.343
201903 1.206 105.886 1.506
201906 0.883 106.742 1.094
201909 0.923 107.214 1.138
201912 1.347 107.766 1.652
202003 -1.121 106.563 -1.391
202006 2.234 107.498 2.747
202009 1.110 107.635 1.363
202012 0.562 108.296 0.686
202103 3.103 108.360 3.786
202106 1.293 108.928 1.569
202109 1.181 110.338 1.415
202112 2.898 112.486 3.406
202203 -1.812 114.825 -2.086
202206 -1.671 118.384 -1.866
202209 0.617 122.296 0.667
202212 1.931 126.365 2.020
202303 1.317 127.042 1.371
202306 1.634 129.407 1.669
202309 0.057 130.224 0.058
202312 2.170 131.912 2.175
202403 2.302 132.205 2.302

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.


Investor AB  (MIL:1INVEB) 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.


Investor AB Cyclically Adjusted PS Ratio Related Terms

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


Investor AB (MIL:1INVEB) Business Description

Address
Arsenalsgatan 8C, Stockholm, SWE, SE-103 32
Investor AB is an industrial holding company with a long-term, active investment portfolio strategy. The company focuses on investing in companies that emphasize innovation and product development. Investor AB's so-called "buy-to-build" strategy seeks not to divest holdings, but rather to develop them over time in order to close the gap between price and value. A majority of its equity investments are made in the country of Sweden and greater Scandinavia, where the company mostly operates. The company measures performance by changes in net asset value and seeks to outperform the Stockholm Stock Exchange's OMSX Index. In 2015, Investor AB also formed and currently operates Patricia Industries, a sizable component of the company that was formed to manage its unlisted investments.

Investor AB (MIL:1INVEB) Headlines

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