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Viking Line Abp (OHEL:VIK1V) Cyclically Adjusted PS Ratio : 0.59 (As of Jun. 13, 2024)


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What is Viking Line Abp Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Viking Line Abp's current share price is €22.60. Viking Line Abp's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €38.31. Viking Line Abp's Cyclically Adjusted PS Ratio for today is 0.59.

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

OHEL:VIK1V' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.33   Max: 0.61
Current: 0.57

During the past years, Viking Line Abp's highest Cyclically Adjusted PS Ratio was 0.61. The lowest was 0.25. And the median was 0.33.

OHEL:VIK1V's Cyclically Adjusted PS Ratio is ranked better than
62.36% of 736 companies
in the Transportation industry
Industry Median: 0.845 vs OHEL:VIK1V: 0.57

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.

Viking Line Abp's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.367. 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 €38.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viking Line Abp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Viking Line Abp'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.

Viking Line Abp Cyclically Adjusted PS Ratio Chart

Viking Line Abp 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 0.37 0.34 0.31 0.32 0.49

Viking Line Abp 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 0.39 0.43 0.49 0.49 0.55

Competitive Comparison of Viking Line Abp's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Viking Line Abp'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.


Viking Line Abp's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Viking Line Abp's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Viking Line Abp's Cyclically Adjusted PS Ratio falls into.



Viking Line Abp 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.

Viking Line Abp's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.60/38.31
=0.59

* 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.

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

For example, Viking Line Abp'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)
=5.367/122.3600*122.3600
=5.367

Current CPI (Mar. 2024) = 122.3600.

Viking Line Abp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.506 100.147 12.836
201409 12.209 100.726 14.831
201412 9.587 100.229 11.704
201503 7.998 100.120 9.775
201506 10.137 100.030 12.400
201509 12.440 100.130 15.202
201512 9.639 99.990 11.795
201603 8.222 100.080 10.052
201606 10.107 100.390 12.319
201609 12.111 100.540 14.739
201612 9.459 101.020 11.457
201703 7.704 100.910 9.342
201706 10.282 101.140 12.439
201709 11.983 101.320 14.471
201712 9.311 101.510 11.223
201803 7.661 101.730 9.215
201806 10.313 102.320 12.333
201809 11.609 102.600 13.845
201812 8.438 102.710 10.052
201903 7.290 102.870 8.671
201906 9.875 103.360 11.690
201909 11.676 103.540 13.798
201912 9.508 103.650 11.224
202003 5.730 103.490 6.775
202006 2.891 103.320 3.424
202009 4.373 103.710 5.159
202012 2.600 103.890 3.062
202103 1.982 104.870 2.313
202106 5.659 105.360 6.572
202109 8.735 106.290 10.056
202112 3.710 107.490 4.223
202203 3.399 110.950 3.749
202206 8.422 113.570 9.074
202209 9.918 114.920 10.560
202212 7.571 117.320 7.896
202303 6.056 119.750 6.188
202306 7.625 120.690 7.731
202309 8.864 121.280 8.943
202312 6.516 121.540 6.560
202403 5.367 122.360 5.367

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.


Viking Line Abp  (OHEL:VIK1V) 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.


Viking Line Abp Cyclically Adjusted PS Ratio Related Terms

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


Viking Line Abp (OHEL:VIK1V) Business Description

Traded in Other Exchanges
N/A
Address
Norragatan 4, P.O. Box 166, Aland, Mariehamn, FIN, AX-22101
Viking Line Abp is a Finland-based company engaged in providing passenger and cargo carrier services in the northern Baltic Sea. It also offers onboard services such as shopping, food and professional entertainment and hotel services. The group's operations are divided into two operating segments: Vessels and Unallocated. The Vessel operating segment, which is the key revenue driver, comprises direct revenue and expenses including depreciation and amortization that is attributable to vessel operations. The Unallocated operating segment mainly comprises unallocated marketing and administrative expenses. The business of the group is primarily operated in Finland.

Viking Line Abp (OHEL:VIK1V) Headlines

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