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Totens Sparebank (OSL:TOTG) Cyclically Adjusted PS Ratio : 2.85 (As of May. 24, 2024)


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What is Totens Sparebank Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Totens Sparebank's current share price is kr240.00. Totens Sparebank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr84.20. Totens Sparebank's Cyclically Adjusted PS Ratio for today is 2.85.

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

OSL:TOTG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.86   Med: 2.38   Max: 3.5
Current: 2.89

During the past years, Totens Sparebank's highest Cyclically Adjusted PS Ratio was 3.50. The lowest was 1.86. And the median was 2.38.

OSL:TOTG's Cyclically Adjusted PS Ratio is ranked worse than
62.27% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs OSL:TOTG: 2.89

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.

Totens Sparebank's adjusted revenue per share data for the three months ended in Mar. 2024 was kr25.694. 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 kr84.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Totens Sparebank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Totens Sparebank'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.

Totens Sparebank Cyclically Adjusted PS Ratio Chart

Totens Sparebank 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 2.10 2.13 2.98 2.84 2.47

Totens Sparebank 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 2.63 2.50 2.43 2.47 2.66

Competitive Comparison of Totens Sparebank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Totens Sparebank'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.


Totens Sparebank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Totens Sparebank's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Totens Sparebank 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.

Totens Sparebank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=240.00/84.2
=2.85

* 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.

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

For example, Totens Sparebank'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)
=25.694/132.6000*132.6000
=25.694

Current CPI (Mar. 2024) = 132.6000.

Totens Sparebank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.911 97.500 20.279
201409 20.025 98.500 26.958
201412 14.153 98.600 19.033
201503 13.075 99.200 17.477
201506 15.886 100.100 21.044
201509 11.272 100.600 14.858
201512 13.221 100.900 17.375
201603 10.904 102.500 14.106
201606 16.754 103.800 21.403
201609 15.646 104.200 19.910
201612 14.377 104.400 18.260
201703 14.734 105.000 18.607
201706 17.658 105.800 22.131
201709 15.209 105.900 19.044
201712 14.976 106.100 18.716
201803 15.318 107.300 18.930
201806 19.209 108.500 23.476
201809 14.844 109.500 17.975
201812 15.496 109.800 18.714
201903 14.656 110.400 17.603
201906 20.634 110.600 24.738
201909 17.144 111.100 20.462
201912 16.926 111.300 20.165
202003 14.924 111.200 17.796
202006 21.090 112.100 24.947
202009 16.723 112.900 19.641
202012 16.945 112.900 19.902
202103 16.390 114.600 18.964
202106 20.658 115.300 23.758
202109 18.325 117.500 20.680
202112 20.090 118.900 22.405
202203 18.111 119.800 20.046
202206 23.842 122.600 25.787
202209 20.306 125.600 21.438
202212 22.866 125.900 24.083
202303 22.407 127.600 23.285
202306 30.579 130.400 31.095
202309 25.280 129.800 25.825
202312 25.262 131.900 25.396
202403 25.694 132.600 25.694

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.


Totens Sparebank  (OSL:TOTG) 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.


Totens Sparebank Cyclically Adjusted PS Ratio Related Terms

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


Totens Sparebank (OSL:TOTG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Postboks 34, Lena, NOR, 2850
Totens Sparebank operates as a savings bank in Norway. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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