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Dedicare AB (OSTO:DEDI) Cyclically Adjusted PS Ratio : 0.45 (As of Jun. 16, 2024)


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What is Dedicare AB Cyclically Adjusted PS Ratio?

As of today (2024-06-16), Dedicare AB's current share price is kr58.70. Dedicare AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr129.95. Dedicare AB's Cyclically Adjusted PS Ratio for today is 0.45.

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

OSTO:DEDI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.78   Max: 1.37
Current: 0.45

During the past years, Dedicare AB's highest Cyclically Adjusted PS Ratio was 1.37. The lowest was 0.43. And the median was 0.78.

OSTO:DEDI's Cyclically Adjusted PS Ratio is ranked better than
68.01% of 697 companies
in the Business Services industry
Industry Median: 0.89 vs OSTO:DEDI: 0.45

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.

Dedicare AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr44.566. 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 kr129.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dedicare AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dedicare 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.

Dedicare AB Cyclically Adjusted PS Ratio Chart

Dedicare 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 0.59 0.50 0.80 1.13 0.90

Dedicare 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 1.28 1.01 0.73 0.90 0.78

Competitive Comparison of Dedicare AB's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Dedicare 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.


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

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

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



Dedicare 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.70/129.95
=0.45

* 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.

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

For example, Dedicare 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)
=44.566/132.2054*132.2054
=44.566

Current CPI (Mar. 2024) = 132.2054.

Dedicare AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.063 100.432 17.196
201409 15.138 100.161 19.981
201412 15.250 100.225 20.116
201503 15.171 99.950 20.067
201506 15.709 99.995 20.769
201509 17.082 100.228 22.532
201512 15.601 100.276 20.569
201603 14.989 100.751 19.668
201606 16.970 101.019 22.209
201609 19.116 101.138 24.988
201612 20.909 102.022 27.095
201703 22.310 102.022 28.911
201706 21.623 102.752 27.821
201709 21.546 103.279 27.581
201712 21.362 103.793 27.210
201803 21.358 103.962 27.160
201806 22.628 104.875 28.525
201809 24.362 105.679 30.477
201812 21.360 105.912 26.663
201903 20.342 105.886 25.398
201906 21.590 106.742 26.740
201909 23.324 107.214 28.761
201912 20.440 107.766 25.075
202003 18.851 106.563 23.387
202006 23.044 107.498 28.340
202009 26.706 107.635 32.802
202012 27.299 108.296 33.326
202103 28.260 108.360 34.479
202106 31.868 108.928 38.678
202109 34.866 110.338 41.776
202112 37.710 112.486 44.321
202203 41.624 114.825 47.924
202206 44.397 118.384 49.581
202209 46.826 122.296 50.620
202212 52.977 126.365 55.425
202303 52.129 127.042 54.248
202306 49.612 129.407 50.685
202309 54.335 130.224 55.162
202312 48.556 131.912 48.664
202403 44.566 132.205 44.566

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.


Dedicare AB  (OSTO:DEDI) 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.


Dedicare AB Cyclically Adjusted PS Ratio Related Terms

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


Dedicare AB (OSTO:DEDI) Business Description

Traded in Other Exchanges
Address
Ringvägen 100, 10 tr, Stockholm, SWE, 118 60
Dedicare AB is engaged in the business of hiring and recruiting doctors, nurses, medical secretaries and other staff in health care. The company also recruits social workers, social scientists, psychologists and other personnel in the industry of social work.

Dedicare AB (OSTO:DEDI) Headlines

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