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Note AB (OSTO:NOTE) Cyclically Adjusted PS Ratio : 1.86 (As of Jun. 08, 2024)


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What is Note AB Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Note AB's current share price is kr156.00. Note AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr83.89. Note AB's Cyclically Adjusted PS Ratio for today is 1.86.

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

OSTO:NOTE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.46   Max: 4.43
Current: 1.8

During the past years, Note AB's highest Cyclically Adjusted PS Ratio was 4.43. The lowest was 0.45. And the median was 1.46.

OSTO:NOTE's Cyclically Adjusted PS Ratio is ranked worse than
66.22% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs OSTO:NOTE: 1.80

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.

Note AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr36.399. 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 kr83.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Note AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Note 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.

Note AB Cyclically Adjusted PS Ratio Chart

Note 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 0.88 1.30 4.43 2.66 1.83

Note 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 3.28 3.05 2.03 1.83 1.72

Competitive Comparison of Note AB's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Note 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.


Note AB's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Note AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Note 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=156.00/83.89
=1.86

* 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.

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

For example, Note 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)
=36.399/132.2054*132.2054
=36.399

Current CPI (Mar. 2024) = 132.2054.

Note AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.575 100.432 11.288
201409 8.156 100.161 10.765
201412 8.594 100.225 11.336
201503 9.535 99.950 12.612
201506 9.680 99.995 12.798
201509 9.057 100.228 11.947
201512 10.570 100.276 13.936
201603 9.666 100.751 12.684
201606 9.781 101.019 12.801
201609 8.603 101.138 11.246
201612 9.982 102.022 12.935
201703 9.569 102.022 12.400
201706 10.681 102.752 13.743
201709 9.183 103.279 11.755
201712 10.808 103.793 13.767
201803 10.636 103.962 13.526
201806 12.157 104.875 15.325
201809 11.220 105.679 14.036
201812 13.736 105.912 17.146
201903 14.530 105.886 18.142
201906 15.636 106.742 19.366
201909 15.506 107.214 19.120
201912 17.226 107.766 21.133
202003 16.834 106.563 20.885
202006 17.609 107.498 21.656
202009 15.080 107.635 18.522
202012 15.979 108.296 19.507
202103 17.475 108.360 21.321
202106 22.279 108.928 27.040
202109 23.710 110.338 28.409
202112 28.110 112.486 33.038
202203 28.371 114.825 32.665
202206 30.983 118.384 34.600
202209 32.087 122.296 34.687
202212 35.466 126.365 37.105
202303 36.261 127.042 37.735
202306 37.193 129.407 37.997
202309 35.675 130.224 36.218
202312 37.277 131.912 37.360
202403 36.399 132.205 36.399

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.


Note AB  (OSTO:NOTE) 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.


Note AB Cyclically Adjusted PS Ratio Related Terms

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


Note AB (OSTO:NOTE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Note AB (OSTO:NOTE) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
Box 3691, Stockholm, SWE, 103 59
Note AB is a Swedish based EMS partner. engaged in manufacturing electronics-based products that require high technology competence and flexibility. Its business has four segments which are Industrial, Communication, Medtech and Greentech.