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Scatec ASA (OSL:SCATC) Cyclically Adjusted PS Ratio : 4.92 (As of Jun. 09, 2024)


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What is Scatec ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Scatec ASA's current share price is kr85.05. Scatec ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr17.27. Scatec ASA's Cyclically Adjusted PS Ratio for today is 4.92.

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

OSL:SCATC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.34   Med: 4.61   Max: 6.02
Current: 4.92

During the past years, Scatec ASA's highest Cyclically Adjusted PS Ratio was 6.02. The lowest was 3.34. And the median was 4.61.

OSL:SCATC's Cyclically Adjusted PS Ratio is ranked worse than
80.92% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.83 vs OSL:SCATC: 4.92

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.

Scatec ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr7.671. 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 kr17.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scatec ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Scatec 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.

Scatec ASA Cyclically Adjusted PS Ratio Chart

Scatec 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 - - - 5.50 4.97

Scatec ASA 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 4.74 4.55 3.98 4.97 4.18

Competitive Comparison of Scatec ASA's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Scatec 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.


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

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

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



Scatec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.05/17.27
=4.92

* 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.

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

For example, Scatec 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)
=7.671/132.6000*132.6000
=7.671

Current CPI (Mar. 2024) = 132.6000.

Scatec ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.429 97.500 1.943
201409 1.958 98.500 2.636
201412 1.844 98.600 2.480
201503 2.402 99.200 3.211
201506 1.971 100.100 2.611
201509 2.157 100.600 2.843
201512 2.719 100.900 3.573
201603 2.433 102.500 3.147
201606 2.285 103.800 2.919
201609 2.992 104.200 3.807
201612 3.068 104.400 3.897
201703 3.072 105.000 3.879
201706 2.698 105.800 3.381
201709 2.705 105.900 3.387
201712 2.756 106.100 3.444
201803 2.673 107.300 3.303
201806 2.591 108.500 3.167
201809 2.628 109.500 3.182
201812 2.691 109.800 3.250
201903 2.909 110.400 3.494
201906 3.362 110.600 4.031
201909 4.634 111.100 5.531
201912 3.468 111.300 4.132
202003 4.879 111.200 5.818
202006 5.599 112.100 6.623
202009 5.515 112.900 6.477
202012 4.582 112.900 5.382
202103 4.235 114.600 4.900
202106 4.590 115.300 5.279
202109 5.296 117.500 5.977
202112 4.728 118.900 5.273
202203 4.556 119.800 5.043
202206 4.528 122.600 4.897
202209 4.919 125.600 5.193
202212 4.855 125.900 5.113
202303 5.263 127.600 5.469
202306 5.337 130.400 5.427
202309 5.060 129.800 5.169
202312 5.702 131.900 5.732
202403 7.671 132.600 7.671

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.


Scatec ASA  (OSL:SCATC) 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.


Scatec ASA Cyclically Adjusted PS Ratio Related Terms

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


Scatec ASA (OSL:SCATC) Business Description

Traded in Other Exchanges
Address
Askekroken 11, Oslo, NOR, NO-0277
Scatec ASA is an independent solar power producer, delivering an affordable and sustainable source of clean energy worldwide. The business activity functions through Power Production (PP), Services, and Development and Construction (D&C), and Corporate. The PP segment comprises the Kalkbult and Linde plants in South Africa, the ASYV plant in Rwanda, and four plants in the Czech Republic. Its geographical segments are South Africa, Egypt, Malaysia, Honduras, Jordan, Czech Republic, Mozambique, Ukraine, Netherlands, Rwanda and Others.

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