BlueNord ASA (OSL:BNOR) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:BNOR BlueNord ASA OSL:BNOR
74 GF Score
Price kr597.00
GF Value kr801.85
Valuation Modestly Undervalued
! 8 Warning Signs
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What is BlueNord ASA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


BlueNord ASA  (OSL:BNOR) 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.


BlueNord ASA Cyclically Adjusted PS Ratio Related Terms


BlueNord ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for BlueNord 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.

BlueNord ASA Cyclically Adjusted PS Ratio Chart

BlueNord 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 0.04 0.19 1.25 4.15 2.18

BlueNord ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.67 2.31 2.15 2.53 2.13

OSL:BNOR vs COP, EOG, OXY: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, BlueNord 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.


BlueNord ASA Cyclically Adjusted PS Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, BlueNord ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OSL:BNOR
74GF Score
BlueNord ASA OSL:BNOR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlueNord 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=101.92/141.6200*141.6200
=101.920

Current CPI (Jun. 2026) = 141.6200.

BlueNord ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.423 104.200 0.575
201612 0.423 104.400 0.574
201703 0.000 105.000 0.000
201706 0.560 105.800 0.750
201709 0.139 105.900 0.186
201712 0.556 106.100 0.742
201803 0.139 107.300 0.183
201806 0.133 108.500 0.174
201809 0.139 109.500 0.180
201812 1.529 109.800 1.972
201903 0.417 110.400 0.535
201906 0.695 110.600 0.890
201909 42.278 111.100 53.892
201912 63.830 111.300 81.218
202003 48.706 111.200 62.030
202006 57.793 112.100 73.012
202009 59.522 112.900 74.663
202012 54.623 112.900 68.518
202103 37.076 114.600 45.818
202106 45.052 115.300 55.336
202109 43.518 117.500 52.451
202112 63.377 118.900 75.487
202203 65.554 119.800 77.494
202206 100.990 122.600 116.657
202209 114.913 125.600 129.570
202212 91.652 125.900 103.096
202303 69.375 127.600 76.998
202306 62.900 130.400 68.312
202309 67.293 129.800 73.421
202312 63.242 131.900 67.902
202403 67.911 132.600 72.531
202406 70.187 133.800 74.289
202409 56.897 133.700 60.267
202412 79.829 134.800 83.868
202503 80.145 136.100 83.396
202506 109.688 137.800 112.729
202509 96.153 138.500 98.319
202512 106.699 139.140 108.601
202603 120.843 141.060 121.323
202606 101.920 141.620 101.920

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.

Is BlueNord ASA (OSL:BNOR) Overvalued in 2026?

Based on GuruFocus' analysis, BlueNord ASA stock appears to be undervalued. The current stock price of kr597.00 is trading 25.5% below its estimated GF Value™ of kr801.85. GuruFocus considers BlueNord ASA to be Modestly Undervalued.

Key valuation signals for OSL:BNOR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr801.85 vs. price of kr597.00 (25.5% below fair value)
  • GF Score™: 74/100 with 8 warning signs

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


BlueNord ASA Business Description

Industry EnergyOil & Gas
Address Nedre Vollgate 3, Oslo, NOR, 0158
BlueNord ASA is a Norway-based oil and gas company engaged in the production and development of oil and gas resources. The company operates mainly in the Danish North Sea through its interest in the Danish Underground Consortium. It focuses on supporting the energy transition by improving the long-term role of oil and gas in the energy mix while reducing greenhouse gas emissions on the Danish Continental Shelf.
74GF Score

Get the complete analysis for OSL:BNOR

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

kr597.00
Price
kr801.85
GF Value