SATS ASA (OSL:SATS) Cyclically Adjusted PS Ratio: 1.48 (As of Jul. 12, 2026) — Near Median


OSL:SATS SATS ASA OSL:SATS
71 GF Score
Price kr40.80
GF Value kr27.85
Valuation Significantly Overvalued
! 4 Warning Signs
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What is SATS ASA Cyclically Adjusted PS Ratio?

SATS ASA OSL:SATS +0.37% 71 Cyclically Adjusted PS Ratio is 1.48 as of Jul. 12, 2026, which is 3% below its 10-year median of 1.52. GuruFocus rates OSL:SATS with a GF Score™ of 71/100 and a GF Value™ of kr27.85 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 672 Travel & Leisure companies, SATS ASA ranks worse than 54.32% on this metric.

As of today (2026-07-12), SATS ASA's current share price is kr40.80. SATS ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 was kr27.53. SATS ASA's Cyclically Adjusted PS Ratio for today is 1.48.

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

OSL:SATS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 1.52   Max: 1.6
Current: 1.48

During the past 10 years, SATS ASA's highest Cyclically Adjusted PS Ratio was 1.60. The lowest was 1.42. And the median was 1.52.

OSL:SATS's Cyclically Adjusted PS Ratio is ranked worse than
54.32% of 672 companies
in the Travel & Leisure industry
Industry Median: 1.3 vs OSL:SATS: 1.48

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.

SATS ASA's adjusted revenue per share data of for the fiscal year that ended in Dec25 was kr27.129. 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 kr27.53 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


SATS ASA  (OSL:SATS) 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.


SATS ASA Cyclically Adjusted PS Ratio Related Terms


SATS ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for SATS 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.

SATS ASA Cyclically Adjusted PS Ratio Chart

SATS 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 0.00 0.00 0.00 0.00 1.47

SATS ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 1.47 0.00

OSL:SATS vs AS, HAS, LTH: Cyclically Adjusted PS Ratio Comparison

For the Leisure subindustry, SATS 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.


SATS ASA Cyclically Adjusted PS Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, SATS ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OSL:SATS
71GF Score
SATS ASA OSL:SATS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SATS 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.80/27.53
=1.48

* 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.

SATS ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec25 is calculated as:

For example, SATS ASA's adjusted Revenue per Share data for the fiscal year that ended in Dec25 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=27.129/139.1000*139.1000
=27.129

Current CPI (Dec25) = 139.1000.

SATS ASA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201612 18.664 104.400 24.867
201712 19.501 106.100 25.566
201812 29.024 109.800 36.769
201912 32.363 111.300 40.446
202012 20.677 112.900 25.475
202112 19.005 118.900 22.234
202212 20.730 125.900 22.903
202312 23.198 131.900 24.464
202412 24.647 134.800 25.433
202512 27.129 139.100 27.129

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.

What does a Cyclically Adjusted PS Ratio of 1.48 mean?
SATS ASA (OSL:SATS) has a Cyclically Adjusted PS Ratio of 1.48 as of Jul. 12, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on SATS ASA and its competitors. This is near median its historical median of 1.52. Over the past decade, SATS ASA's Cyclically Adjusted PS Ratio has ranged from 1.42 to 1.60. According to the industry distribution chart, SATS ASA ranks #365 out of 672 companies in the Travel & Leisure industry, placing it in the top 54.3%.
Is SATS ASA's Cyclically Adjusted PS Ratio too high?
SATS ASA's current Cyclically Adjusted PS Ratio of 1.48 is near median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 1.60. The Travel & Leisure industry median Cyclically Adjusted PS Ratio is 1.30. SATS ASA's value of 1.48 is 13.8% above this industry median. Based on the distribution chart, SATS ASA ranks #365 out of 672 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, SATS ASA has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SATS ASA's Cyclically Adjusted PS Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, SATS ASA ranks #365 out of 672 companies for Cyclically Adjusted PS Ratio. This places SATS ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.30. SATS ASA's value of 1.48 is 13.8% above this benchmark. Historically, SATS ASA's own Cyclically Adjusted PS Ratio has ranged from 1.42 to 1.60 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 1.30, SATS ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PS Ratio among Travel & Leisure companies is 1.30, based on 672 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SATS ASA's current Cyclically Adjusted PS Ratio of 1.48 is 13.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on SATS ASA and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PS Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SATS ASA's current Cyclically Adjusted PS Ratio is 1.48, which is near median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SATS ASA stock overvalued right now?
Based on GuruFocus' analysis, SATS ASA (OSL:SATS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr27.85, compared to a current price of kr40.80 — trading 46.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.48, which is near median its 10-year median of 1.52 and 13.8% above the Travel & Leisure industry median of 1.30. SATS ASA's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For SATS ASA (OSL:SATS), the current Cyclically Adjusted PS Ratio is 1.48 as of Jul. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SATS ASA (OSL:SATS) Overvalued in 2026?

Based on GuruFocus' analysis, SATS ASA stock appears to be overvalued. The current stock price of kr40.80 is trading 46.5% above its estimated GF Value™ of kr27.85. GuruFocus considers SATS ASA to be Significantly Overvalued.

Key valuation signals for OSL:SATS:

  • Cyclically Adjusted PS Ratio: 1.48 (near median its 10-year median of 1.52)
  • GF Value™: kr27.85 vs. price of kr40.80 (46.5% above fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 13.8% above the Travel & Leisure median (#365 of 672)

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


SATS ASA Business Description

Address Nydalsveien 28, Oslo, NOR, 0484
SATS ASA is engaged in providing fitness training services in the Nordics for both men and women. The company's training options include studio training for individual strength and cardio training, group training classes, personal trainers specializing in a wide range of areas, boot camps for smaller groups, out-of-club training for members' convenience, and retail shops providing members.
71GF Score

Get the complete analysis for OSL:SATS

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

kr40.80
Price
kr27.85
GF Value