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Holmen AB (OSTO:HOLM A) Cyclically Adjusted PS Ratio : 3.34 (As of May. 29, 2024)


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What is Holmen AB Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Holmen AB's current share price is kr440.00. Holmen AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr131.92. Holmen AB's Cyclically Adjusted PS Ratio for today is 3.34.

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

OSTO:HOLM A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.68   Med: 3.38   Max: 5.23
Current: 3.37

During the past years, Holmen AB's highest Cyclically Adjusted PS Ratio was 5.23. The lowest was 1.68. And the median was 3.38.

OSTO:HOLM A's Cyclically Adjusted PS Ratio is ranked worse than
92.74% of 248 companies
in the Forest Products industry
Industry Median: 0.59 vs OSTO:HOLM A: 3.37

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.

Holmen AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr36.134. 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 kr131.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holmen AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Holmen 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.

Holmen AB Cyclically Adjusted PS Ratio Chart

Holmen 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 2.79 3.96 4.12 3.42 3.23

Holmen 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 3.36 3.09 3.30 3.23 3.30

Competitive Comparison of Holmen AB's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Holmen 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.


Holmen AB's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Holmen AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Holmen 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=440.00/131.92
=3.34

* 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.

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

For example, Holmen 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)
=36.134/132.2054*132.2054
=36.134

Current CPI (Mar. 2024) = 132.2054.

Holmen AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.676 100.432 31.166
201409 23.633 100.161 31.194
201412 23.601 100.225 31.132
201503 24.394 99.950 32.266
201506 24.423 99.995 32.290
201509 24.064 100.228 31.742
201512 21.792 100.276 28.731
201603 22.416 100.751 29.414
201606 23.254 101.019 30.433
201609 22.667 101.138 29.630
201612 23.388 102.022 30.308
201703 24.701 102.022 32.009
201706 25.267 102.752 32.510
201709 23.370 103.279 29.916
201712 22.858 103.793 29.115
201803 24.254 103.962 30.843
201806 24.688 104.875 31.122
201809 22.661 105.679 28.349
201812 23.240 105.912 29.010
201903 25.408 105.886 31.723
201906 26.108 106.742 32.336
201909 25.330 107.214 31.234
201912 26.282 107.766 32.242
202003 27.489 106.563 34.104
202006 23.437 107.498 28.824
202009 23.088 107.635 28.358
202012 25.897 108.296 31.615
202103 29.263 108.360 35.703
202106 31.597 108.928 38.349
202109 30.042 110.338 35.996
202112 29.399 112.486 34.553
202203 35.671 114.825 41.070
202206 37.970 118.384 42.403
202209 35.516 122.296 38.394
202212 38.299 126.365 40.069
202303 38.582 127.042 40.150
202306 35.558 129.407 36.327
202309 33.787 130.224 34.301
202312 34.100 131.912 34.176
202403 36.134 132.205 36.134

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.


Holmen AB  (OSTO:HOLM A) 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.


Holmen AB Cyclically Adjusted PS Ratio Related Terms

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


Holmen AB (OSTO:HOLM A) Business Description

Traded in Other Exchanges
Address
Strandvagen 1, P.O. Box 5407, Stockholm, SWE, SE-114 84
Holmen AB produces and sells timber, wood products, a variety of paper products, and electricity generated through renewable energy sources. The company organizes itself into five segments based on product type: Forest, Paperboard, Paper, Wood Products, and Renewable Energy. The company's product portfolio includes logs, biofuel, paperboard for consumer packaging, paper for books, construction timber, and renewable energy from hydro and wind power. The company's customer segment is composed of printing firms, sawmills, pulp mills, paper mills, construction industry, and packaging industry, among others. The vast majority of revenue comes from the company's paper and paperboard segments combined, and it earns majoroty of its revenue in Europe.

Holmen AB (OSTO:HOLM A) Headlines

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