Var Energi ASA (OSL:VAR) Cyclically Adjusted PS Ratio: (As of Jul. 20, 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:VAR Var Energi ASA OSL:VAR
81 GF Score
Price kr44.40
GF Value kr44.81
Valuation Fairly Valued
! 8 Warning Signs
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What is Var Energi ASA Cyclically Adjusted PS Ratio?

Var Energi ASA does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Var Energi ASA  (OSL:VAR) 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.


Var Energi ASA Cyclically Adjusted PS Ratio Related Terms


Var Energi ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Var Energi 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.

Var Energi ASA Cyclically Adjusted PS Ratio Chart

Var Energi ASA Annual Data
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Cyclically Adjusted PS Ratio
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Var Energi 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 0.00 0.00

OSL:VAR vs COP, EOG, FANG: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas E&P subindustry, Var Energi 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.


Var Energi ASA Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


OSL:VAR
81GF Score
Var Energi ASA OSL:VAR
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Var Energi 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.

Var Energi ASA does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Is Var Energi ASA (OSL:VAR) Overvalued in 2026?

Based on GuruFocus' analysis, Var Energi ASA stock appears to be undervalued. The current stock price of kr44.40 is trading 0.9% below its estimated GF Value™ of kr44.81. GuruFocus considers Var Energi ASA to be Fairly Valued.

Key valuation signals for OSL:VAR:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: kr44.81 vs. price of kr44.40 (0.9% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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


Var Energi ASA Business Description

Industry EnergyOil & Gas
Address Vestre Svanholmen 1, Sandnes, NOR, 4313
Var Energi ASA is an independent upstream oil and gas company on the Norwegian continental shelf. It operates within the geographical area of Norway and the business is entirely related to the exploration for and production of petroleum in Norway. The Company operates within a single operating segment, and the products include oil and gas, natural gas liquids (NGL). Revenues are mainly related to the sale of oil, gas, and NGL. Var Energi is the operator of the following producing fields: Goliat (Barents Sea), Fenja (Norwegian Sea), Gjoa, Duva, Balder, and Ringhorne (North Sea).
81GF Score

Get the complete analysis for OSL:VAR

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

kr44.40
Price
kr44.81
GF Value