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Concejo AB (OSTO:CNCJO B) Cyclically Adjusted PS Ratio : 0.59 (As of Jun. 10, 2024)


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What is Concejo AB Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Concejo AB's current share price is kr49.20. Concejo AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr82.85. Concejo AB's Cyclically Adjusted PS Ratio for today is 0.59.

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

OSTO:CNCJO B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.6   Max: 1.28
Current: 0.59

During the past years, Concejo AB's highest Cyclically Adjusted PS Ratio was 1.28. The lowest was 0.31. And the median was 0.60.

OSTO:CNCJO B's Cyclically Adjusted PS Ratio is ranked better than
61.87% of 695 companies
in the Business Services industry
Industry Median: 0.89 vs OSTO:CNCJO B: 0.59

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.

Concejo AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr11.724. 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 kr82.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Concejo AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Concejo AB'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.

Concejo AB Cyclically Adjusted PS Ratio Chart

Concejo AB 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 1.18 0.80 0.84 0.37 0.36

Concejo AB 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 0.35 0.32 0.34 0.36 0.49

Competitive Comparison of Concejo AB's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, Concejo AB'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.


Concejo AB's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Concejo AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Concejo AB 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.

Concejo AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.20/82.85
=0.59

* 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.

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

For example, Concejo AB'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)
=11.724/132.2054*132.2054
=11.724

Current CPI (Mar. 2024) = 132.2054.

Concejo AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 25.637 100.432 33.748
201409 28.602 100.161 37.753
201412 32.678 100.225 43.105
201503 31.268 99.950 41.359
201506 32.892 99.995 43.487
201509 29.713 100.228 39.193
201512 39.908 100.276 52.615
201603 33.840 100.751 44.405
201606 33.242 101.019 43.504
201609 33.037 101.138 43.185
201612 28.371 102.022 36.765
201703 31.439 102.022 40.740
201706 29.320 102.752 37.724
201709 29.183 103.279 37.357
201712 28.730 103.793 36.595
201803 27.260 103.962 34.666
201806 30.533 104.875 38.490
201809 29.448 105.679 36.840
201812 -55.768 105.912 -69.613
201903 6.879 105.886 8.589
201906 6.136 106.742 7.600
201909 4.478 107.214 5.522
201912 3.914 107.766 4.802
202003 5.367 106.563 6.658
202006 6.384 107.498 7.851
202009 10.083 107.635 12.385
202012 2.760 108.296 3.369
202103 4.222 108.360 5.151
202106 6.674 108.928 8.100
202109 5.967 110.338 7.150
202112 5.546 112.486 6.518
202203 5.444 114.825 6.268
202206 7.498 118.384 8.373
202209 7.259 122.296 7.847
202212 11.528 126.365 12.061
202303 9.400 127.042 9.782
202306 11.207 129.407 11.449
202309 11.777 130.224 11.956
202312 13.442 131.912 13.472
202403 11.724 132.205 11.724

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.


Concejo AB  (OSTO:CNCJO B) 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.


Concejo AB Cyclically Adjusted PS Ratio Related Terms

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


Concejo AB (OSTO:CNCJO B) Business Description

Traded in Other Exchanges
Address
Vastra Finnbodavagen 2-4, P.O. Box 5028, Nacka, SWE, 131 05
Concejo AB is a mixed investment company with operations conducted in three business areas. Concejo Industrier, SBF Fonder, and Concejo Ventures. The company's segments include Concejo Industrier - Industrial operations, SBF Funder - Fund operations, and Ventures Council - The investment business. It derives revenue from Concejo Industrier which further includes Firenor Internationa, Optronics Technology, ACAF Systems, and SAL Navigation; which offer security systems for firefighting, provides optical gas detectors for various industrial applications.

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