GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orkla ASA (OSTO:ORKo) » Definitions » Cyclically Adjusted PS Ratio

Orkla ASA (OSTO:ORKO) Cyclically Adjusted PS Ratio : 1.54 (As of May. 21, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Orkla ASA Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Orkla ASA's current share price is kr81.70. Orkla ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr52.91. Orkla ASA's Cyclically Adjusted PS Ratio for today is 1.54.

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

OSTO:ORKo' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 1.96   Max: 2.46
Current: 1.54

During the past years, Orkla ASA's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 1.35. And the median was 1.96.

OSTO:ORKo's Cyclically Adjusted PS Ratio is ranked worse than
69.09% of 1375 companies
in the Consumer Packaged Goods industry
Industry Median: 0.81 vs OSTO:ORKo: 1.54

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.

Orkla ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr17.145. 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 kr52.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orkla ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orkla 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.

Orkla ASA Cyclically Adjusted PS Ratio Chart

Orkla 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 2.28 2.13 2.09 1.50 1.51

Orkla ASA 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 1.53 1.53 1.58 1.51 1.43

Competitive Comparison of Orkla ASA's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Orkla 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.


Orkla ASA's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Orkla 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.

Orkla ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=81.70/52.91
=1.54

* 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.

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

For example, Orkla 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)
=17.145/132.6000*132.6000
=17.145

Current CPI (Mar. 2024) = 132.6000.

Orkla ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.028 97.500 9.558
201409 7.173 98.500 9.656
201412 7.976 98.600 10.726
201503 7.433 99.200 9.936
201506 7.573 100.100 10.032
201509 8.278 100.600 10.911
201512 9.421 100.900 12.381
201603 8.492 102.500 10.986
201606 9.275 103.800 11.848
201609 9.261 104.200 11.785
201612 10.152 104.400 12.894
201703 8.957 105.000 11.311
201706 9.581 105.800 12.008
201709 9.687 105.900 12.129
201712 10.651 106.100 13.311
201803 9.598 107.300 11.861
201806 9.920 108.500 12.123
201809 10.106 109.500 12.238
201812 10.965 109.800 13.242
201903 10.181 110.400 12.228
201906 10.547 110.600 12.645
201909 10.877 111.100 12.982
201912 12.013 111.300 14.312
202003 11.503 111.200 13.717
202006 11.099 112.100 13.129
202009 11.905 112.900 13.982
202012 12.610 112.900 14.810
202103 11.511 114.600 13.319
202106 11.819 115.300 13.592
202109 13.184 117.500 14.878
202112 14.075 118.900 15.697
202203 13.317 119.800 14.740
202206 14.339 122.600 15.509
202209 14.793 125.600 15.617
202212 16.123 125.900 16.981
202303 16.234 127.600 16.870
202306 17.131 130.400 17.420
202309 16.820 129.800 17.183
202312 17.779 131.900 17.873
202403 17.145 132.600 17.145

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.


Orkla ASA  (OSTO:ORKo) 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.


Orkla ASA Cyclically Adjusted PS Ratio Related Terms

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


Orkla ASA (OSTO:ORKO) Business Description

Address
Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

Orkla ASA (OSTO:ORKO) Headlines

No Headlines