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Ovaro Kiinteistosijoitus Oyj (OHEL:OREITN0115) Cyclically Adjusted PS Ratio : (As of Sep. 26, 2024)


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What is Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ovaro Kiinteistosijoitus Oyj'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.

Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PS Ratio Chart

Ovaro Kiinteistosijoitus Oyj 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 - - 1.45 1.36 2.10

Ovaro Kiinteistosijoitus Oyj Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.32 1.94 2.10 2.35 2.73

Competitive Comparison of Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, Ovaro Kiinteistosijoitus Oyj'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.


Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted PS Ratio falls into.



Ovaro Kiinteistosijoitus Oyj 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.

Ovaro Kiinteistosijoitus Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Ovaro Kiinteistosijoitus Oyj's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.206/122.2300*122.2300
=0.206

Current CPI (Jun. 2024) = 122.2300.

Ovaro Kiinteistosijoitus Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.950 100.726 1.153
201412 0.510 100.229 0.622
201503 0.826 100.120 1.008
201506 0.722 100.030 0.882
201509 0.500 100.130 0.610
201512 0.567 99.990 0.693
201603 0.367 100.080 0.448
201606 0.389 100.390 0.474
201609 0.441 100.540 0.536
201612 0.161 101.020 0.195
201703 0.414 100.910 0.501
201706 0.422 101.140 0.510
201709 0.419 101.320 0.505
201712 0.415 101.510 0.500
201803 0.414 101.730 0.497
201806 0.411 102.320 0.491
201809 0.398 102.600 0.474
201812 0.387 102.710 0.461
201903 0.369 102.870 0.438
201906 0.351 103.360 0.415
201909 0.333 103.540 0.393
201912 0.324 103.650 0.382
202003 0.316 103.490 0.373
202006 0.302 103.320 0.357
202009 0.296 103.710 0.349
202012 0.301 103.890 0.354
202103 0.294 104.870 0.343
202106 0.276 105.360 0.320
202109 0.257 106.290 0.296
202112 0.199 107.490 0.226
202203 0.154 110.950 0.170
202206 0.161 113.570 0.173
202209 0.180 114.920 0.191
202212 0.188 117.320 0.196
202303 0.177 119.750 0.181
202306 0.177 120.690 0.179
202309 0.175 121.280 0.176
202312 0.174 121.540 0.175
202403 0.155 122.360 0.155
202406 0.206 122.230 0.206

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.


Ovaro Kiinteistosijoitus Oyj  (OHEL:OREITN0115) 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.


Ovaro Kiinteistosijoitus Oyj Cyclically Adjusted PS Ratio Related Terms

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Ovaro Kiinteistosijoitus Oyj Business Description

Traded in Other Exchanges
Address
Mannerheimintie 113, Helsinki, FIN, 00280
Ovaro Kiinteistosijoitus Oyj is a real estate investment company. It invests in Finnish rental apartments and other real estate sites. Its portfolio consists of apartments, business facilities, and parking lots.

Ovaro Kiinteistosijoitus Oyj Headlines

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