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Eqva ASA (OSL:EQVA) Cyclically Adjusted PS Ratio : 0.07 (As of Jun. 19, 2024)


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What is Eqva ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Eqva ASA's current share price is kr4.92. Eqva ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr75.25. Eqva ASA's Cyclically Adjusted PS Ratio for today is 0.07.

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

OSL:EQVA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.07
Current: 0.07

During the past 13 years, Eqva ASA's highest Cyclically Adjusted PS Ratio was 0.07. The lowest was 0.02. And the median was 0.04.

OSL:EQVA's Cyclically Adjusted PS Ratio is ranked better than
97.72% of 263 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.79 vs OSL:EQVA: 0.07

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.

Eqva ASA's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr9.159. 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 kr75.25 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eqva ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eqva 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.

Eqva ASA Cyclically Adjusted PS Ratio Chart

Eqva ASA 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 - 0.04 0.03 0.04 0.04

Eqva ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.03 - 0.04 - 0.04

Competitive Comparison of Eqva ASA's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Eqva 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.


Eqva ASA's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Eqva ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Eqva 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.92/75.25
=0.07

* 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.

Eqva ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Eqva ASA's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=9.159/131.9000*131.9000
=9.159

Current CPI (Dec23) = 131.9000.

Eqva ASA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 106.605 98.600 142.609
201512 78.103 100.900 102.099
201612 85.698 104.400 108.272
201712 53.059 106.100 65.961
201812 79.269 109.800 95.224
201912 90.239 111.300 106.941
202012 67.257 112.900 78.576
202112 36.435 118.900 40.419
202212 3.080 125.900 3.227
202312 9.159 131.900 9.159

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.


Eqva ASA  (OSL:EQVA) 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.


Eqva ASA Cyclically Adjusted PS Ratio Related Terms

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


Eqva ASA (OSL:EQVA) Business Description

Traded in Other Exchanges
Address
Mjolstadnesvegen, Fosnavag, NOR, 6092
Eqva ASA is a knowledge-based active owner of engineering, construction, and service companies that contribute to the green transition in maritime, power-intensive, and renewable industries. It aims to become a fully integrated service and maintenance supplier for the Norwegian land-based and maritime industry. The business is organized into two business segments: Maritime Services and Products, solutions & renewables. The company's majority of its revenue comes from the Maritime Services segment.

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