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Norwegian Air Shuttle ASA (OSTO:NASO) Cyclically Adjusted PS Ratio : 0.00 (As of Jun. 04, 2024)


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What is Norwegian Air Shuttle ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Norwegian Air Shuttle ASA's current share price is kr15.35. Norwegian Air Shuttle ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr14,434.40. Norwegian Air Shuttle ASA's Cyclically Adjusted PS Ratio for today is 0.00.

The historical rank and industry rank for Norwegian Air Shuttle ASA's Cyclically Adjusted PS Ratio or its related term are showing as below:

During the past years, Norwegian Air Shuttle ASA's highest Cyclically Adjusted PS Ratio was 0.57. The lowest was 0.01. And the median was 0.12.

OSTO:NASo's Cyclically Adjusted PS Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.84
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Norwegian Air Shuttle ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr6.385. 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 kr14,434.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norwegian Air Shuttle ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Norwegian Air Shuttle ASA'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.

Norwegian Air Shuttle ASA Cyclically Adjusted PS Ratio Chart

Norwegian Air Shuttle ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Norwegian Air Shuttle ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 - - - - -

Competitive Comparison of Norwegian Air Shuttle ASA's Cyclically Adjusted PS Ratio

For the Airlines subindustry, Norwegian Air Shuttle ASA'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.


Norwegian Air Shuttle ASA's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Norwegian Air Shuttle ASA's Cyclically Adjusted PS Ratio falls into.



Norwegian Air Shuttle ASA 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.

Norwegian Air Shuttle ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.35/14434.4
=0.00

* 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.

Norwegian Air Shuttle ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Norwegian Air Shuttle ASA'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)
=6.385/132.6000*132.6000
=6.385

Current CPI (Mar. 2024) = 132.6000.

Norwegian Air Shuttle ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1,238.870 97.300 1,688.326
201406 1,759.735 97.500 2,393.240
201409 2,211.305 98.500 2,976.843
201412 1,605.875 98.600 2,159.625
201503 1,407.641 99.200 1,881.585
201506 2,044.836 100.100 2,708.744
201509 2,539.009 100.600 3,346.646
201512 1,876.834 100.900 2,466.484
201603 1,732.053 102.500 2,240.685
201606 2,315.782 103.800 2,958.311
201609 2,859.025 104.200 3,638.260
201612 2,068.207 104.400 2,626.861
201703 3,881.462 105.000 4,901.732
201706 2,685.561 105.800 3,365.835
201709 7,407.206 105.900 9,274.745
201712 5,853.955 106.100 7,316.064
201803 2,376.852 107.300 2,937.284
201806 2,773.292 108.500 3,389.295
201809 3,626.985 109.500 4,392.130
201812 5,748.750 109.800 6,942.480
201903 1,933.116 110.400 2,321.840
201906 1,931.779 110.600 2,316.039
201909 2,284.190 111.100 2,726.225
201912 901.653 111.300 1,074.207
202006 0.000 112.100 0.000
202009 13.592 112.900 15.964
202012 7.870 112.900 9.243
202103 6.036 114.600 6.984
202106 0.690 115.300 0.794
202109 1.712 117.500 1.932
202112 2.747 118.900 3.064
202203 2.063 119.800 2.283
202206 4.326 122.600 4.679
202209 6.323 125.600 6.675
202212 4.412 125.900 4.647
202303 4.271 127.600 4.438
202306 6.095 130.400 6.198
202309 7.794 129.800 7.962
202312 5.242 131.900 5.270
202403 6.385 132.600 6.385

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.


Norwegian Air Shuttle ASA  (OSTO:NASo) 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.


Norwegian Air Shuttle ASA Cyclically Adjusted PS Ratio Related Terms

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Norwegian Air Shuttle ASA (OSTO:NASO) Business Description

Traded in Other Exchanges
Address
Oksenoyveien 3, Fornebu, P.O. Box 113, Lysaker, NOR, NO-1366
Norwegian Air Shuttle ASA operates a short-haul network across the Nordics and to key European destinations. The group provides its customers with excellent quality at affordable fares with a network of more than 300 routes. The group has one operating segment, which is low-cost air passenger travel. Norwegian believes in affordable fares for all and offers quality flights at a low fare based on operational excellence and helpful, friendly service.

Norwegian Air Shuttle ASA (OSTO:NASO) Headlines

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