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Better Collective AS (OSTO:BETCO) Cyclically Adjusted PS Ratio : 12.00 (As of May. 21, 2024)


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What is Better Collective AS Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Better Collective AS's current share price is kr297.00. Better Collective AS's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr24.76. Better Collective AS's Cyclically Adjusted PS Ratio for today is 12.00.

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

OSTO:BETCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.12   Med: 11.61   Max: 12.96
Current: 12.24

During the past 10 years, Better Collective AS's highest Cyclically Adjusted PS Ratio was 12.96. The lowest was 10.12. And the median was 11.61.

OSTO:BETCO's Cyclically Adjusted PS Ratio is ranked worse than
92.67% of 1446 companies
in the Software industry
Industry Median: 1.87 vs OSTO:BETCO: 12.24

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.

Better Collective AS's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr64.216. 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 kr24.76 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Better Collective AS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Better Collective AS'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.

Better Collective AS Cyclically Adjusted PS Ratio Chart

Better Collective AS 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 - - - - 10.36

Better Collective AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 10.36

Competitive Comparison of Better Collective AS's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Better Collective AS's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Better Collective AS's Cyclically Adjusted PS Ratio falls into.



Better Collective AS 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.

Better Collective AS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=297.00/24.76
=12.00

* 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.

Better Collective AS's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Better Collective AS'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)
=64.216/116.7000*116.7000
=64.216

Current CPI (Dec23) = 116.7000.

Better Collective AS Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.400 0.000
201512 2.707 99.800 3.165
201612 4.349 100.300 5.060
201712 6.709 101.300 7.729
201812 11.539 102.100 13.189
201912 15.572 102.900 17.660
202012 19.047 103.400 21.497
202112 34.390 106.600 37.648
202212 52.345 115.900 52.706
202312 64.216 116.700 64.216

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.


Better Collective AS  (OSTO:BETCO) 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.


Better Collective AS Cyclically Adjusted PS Ratio Related Terms

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


Better Collective AS (OSTO:BETCO) Business Description

Traded in Other Exchanges
Address
Toldbodgade 12, Copenhagen, DNK, 1253
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing and Paid Media. It generates maximum revenue from the Publishing segment. The Publishing business segment includes revenue from Better Collective's proprietary online platforms and media partnerships where the online traffic is coming either directly or through organic search results.

Better Collective AS (OSTO:BETCO) Headlines

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