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Norske Skogindustrier ASA (OSTO:NSGO) Cyclically Adjusted PS Ratio : (As of Jun. 18, 2024)


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What is Norske Skogindustrier ASA Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Norske Skogindustrier ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Norske Skogindustrier 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.

Norske Skogindustrier ASA Cyclically Adjusted PS Ratio Chart

Norske Skogindustrier ASA 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 0.45 0.41 0.39 0.63 0.36

Norske Skogindustrier ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.63 0.53 0.38 0.42 0.36

Competitive Comparison of Norske Skogindustrier ASA's Cyclically Adjusted PS Ratio

For the Paper & Paper Products subindustry, Norske Skogindustrier 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.


Norske Skogindustrier ASA's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

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

* The bar in red indicates where Norske Skogindustrier ASA's Cyclically Adjusted PS Ratio falls into.



Norske Skogindustrier 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.

Norske Skogindustrier ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Norske Skogindustrier ASA's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.23/131.9000*131.9000
=10.230

Current CPI (Dec. 2023) = 131.9000.

Norske Skogindustrier ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 17.385 96.400 23.787
201312 18.388 96.600 25.107
201403 15.136 97.300 20.518
201406 15.744 97.500 21.299
201409 15.980 98.500 21.399
201412 16.759 98.600 22.419
201503 15.042 99.200 20.000
201506 14.653 100.100 19.308
201509 14.626 100.600 19.177
201512 16.089 100.900 21.032
201603 16.255 102.500 20.917
201606 12.624 103.800 16.041
201609 10.597 104.200 13.414
201612 11.366 104.400 14.360
201703 9.730 105.000 12.223
201706 10.276 105.800 12.811
201709 10.434 105.900 12.996
201712 11.022 106.100 13.702
201809 11.577 109.500 13.945
201812 11.911 109.800 14.308
201903 10.739 110.400 12.830
201906 11.319 110.600 13.499
201909 10.842 111.100 12.872
201912 10.832 111.300 12.837
202003 9.265 111.200 10.990
202006 7.212 112.100 8.486
202009 7.792 112.900 9.103
202012 8.609 112.900 10.058
202103 7.721 114.600 8.887
202106 7.821 115.300 8.947
202109 9.075 117.500 10.187
202112 10.681 118.900 11.849
202203 11.921 119.800 13.125
202206 13.699 122.600 14.738
202209 12.692 125.600 13.329
202212 13.796 125.900 14.453
202303 11.366 127.600 11.749
202306 11.176 130.400 11.305
202309 9.473 129.800 9.626
202312 10.230 131.900 10.230

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.


Norske Skogindustrier ASA  (OSTO:NSGo) 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.


Norske Skogindustrier ASA Cyclically Adjusted PS Ratio Related Terms

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Norske Skogindustrier ASA (OSTO:NSGO) Business Description

Traded in Other Exchanges
Address
Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is an industrial company in publication paper, packaging paper, energy production, and bioproducts. Publication paper products comprise both newsprint and magazine paper, both of which are marketed under the NOR brand. Packaging paper includes the recycled containerboard grades test liner and fluting, which are marketed under the STRATO brand. The company's core bioproducts are the nano cellulose product CEBINA and the bio-composite product CEBICO. Norske Skog owns and operates four industrial sites in Europe, and one industrial site in Australasia.

Norske Skogindustrier ASA (OSTO:NSGO) Headlines

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