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Atea ASA (OSL:ATEA) Cyclically Adjusted PS Ratio : 0.43 (As of May. 22, 2024)


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What is Atea ASA Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Atea ASA's current share price is kr149.60. Atea ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr349.92. Atea ASA's Cyclically Adjusted PS Ratio for today is 0.43.

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

OSL:ATEA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.42   Max: 0.57
Current: 0.42

During the past years, Atea ASA's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.26. And the median was 0.42.

OSL:ATEA's Cyclically Adjusted PS Ratio is ranked better than
84.29% of 1445 companies
in the Software industry
Industry Median: 1.87 vs OSL:ATEA: 0.42

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.

Atea ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr67.756. 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 kr349.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atea ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Atea 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.

* Premium members only.

Atea ASA Cyclically Adjusted PS Ratio Chart

Atea ASA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.46 0.41 0.53 0.34

Atea ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.34 0.38 0.45 0.39 0.37

Competitive Comparison of Atea ASA's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, Atea 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.


Atea ASA's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Atea ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Atea 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=149.60/349.92
=0.43

* 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.

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

For example, Atea ASA'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)
=67.756/132.6000*132.6000
=67.756

Current CPI (Mar. 2024) = 132.6000.

Atea ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 56.863 97.300 77.493
201406 57.451 97.500 78.133
201409 49.353 98.500 66.439
201412 70.707 98.600 95.089
201503 61.539 99.200 82.259
201506 65.569 100.100 86.858
201509 56.117 100.600 73.967
201512 79.445 100.900 104.404
201603 68.779 102.500 88.977
201606 79.596 103.800 101.680
201609 59.899 104.200 76.225
201612 83.249 104.400 105.736
201703 68.264 105.000 86.208
201706 78.084 105.800 97.863
201709 61.707 105.900 77.265
201712 89.834 106.100 112.271
201803 76.689 107.300 94.771
201806 83.407 108.500 101.933
201809 64.810 109.500 78.482
201812 91.432 109.800 110.418
201903 83.283 110.400 100.030
201906 86.050 110.600 103.167
201909 71.322 111.100 85.124
201912 90.095 111.300 107.337
202003 75.358 111.200 89.860
202006 95.453 112.100 112.909
202009 74.160 112.900 87.100
202012 104.820 112.900 123.110
202103 63.430 114.600 73.393
202106 58.437 115.300 67.205
202109 57.085 117.500 64.421
202112 70.516 118.900 78.641
202203 61.152 119.800 67.686
202206 67.695 122.600 73.217
202209 72.161 125.600 76.183
202212 88.869 125.900 93.598
202303 77.980 127.600 81.036
202306 79.224 130.400 80.561
202309 68.921 129.800 70.408
202403 67.756 132.600 67.756

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.


Atea ASA  (OSL:ATEA) 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.


Atea ASA Cyclically Adjusted PS Ratio Related Terms

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


Atea ASA (OSL:ATEA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Atea ASA (OSL:ATEA) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605
Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates most of its revenue in Sweden.