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Mips AB (OSTO:MIPS) Cyclically Adjusted PS Ratio : 37.41 (As of May. 22, 2024)


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What is Mips AB Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Mips AB's current share price is kr434.00. Mips AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr11.60. Mips AB's Cyclically Adjusted PS Ratio for today is 37.41.

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

OSTO:MIPS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 25.76   Med: 30.44   Max: 48.38
Current: 36.04

During the past 11 years, Mips AB's highest Cyclically Adjusted PS Ratio was 48.38. The lowest was 25.76. And the median was 30.44.

OSTO:MIPS's Cyclically Adjusted PS Ratio is ranked worse than
98.9% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs OSTO:MIPS: 36.04

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.

Mips AB's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr13.524. 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 kr11.60 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mips AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mips 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.

Mips AB Cyclically Adjusted PS Ratio Chart

Mips 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 - - - 39.40 31.41

Mips 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 - - - 31.41 -

Competitive Comparison of Mips AB's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Mips 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.


Mips AB's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mips 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=434.00/11.6
=37.41

* 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.

Mips AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Mips AB'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)
=13.524/131.9118*131.9118
=13.524

Current CPI (Dec23) = 131.9118.

Mips AB Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.584 100.225 0.769
201512 1.959 100.276 2.577
201612 3.424 102.022 4.427
201712 5.114 103.793 6.499
201812 7.537 105.912 9.387
201912 10.373 107.766 12.697
202012 13.948 108.296 16.990
202112 22.947 112.486 26.910
202212 21.317 126.365 22.253
202312 13.524 131.912 13.524

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.


Mips AB  (OSTO:MIPS) 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.


Mips AB Cyclically Adjusted PS Ratio Related Terms

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


Mips AB (OSTO:MIPS) Business Description

Traded in Other Exchanges
Address
Kemistvagen 1B, Taby, Stockholm, SWE, SE-183 79
MIPS AB manufactures and sells helmet-based safety and brain protection products in Sweden. The company sells MIPS Brain Protection System for helmet solutions in the consumer market such as bicycles, winter sports, motorcycles, horse riding, team sports, and others; and in commercial markets such as military, police, and rescue services.

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