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REC Silicon ASA (OSTO:RECO) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


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What is REC Silicon ASA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


REC Silicon ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for REC Silicon 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.

REC Silicon ASA Cyclically Adjusted PS Ratio Chart

REC Silicon 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 0.07 0.68 1.31 1.50 1.65

REC Silicon 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 1.91 1.78 1.85 1.65 1.30

Competitive Comparison of REC Silicon ASA's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, REC Silicon 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.


REC Silicon ASA's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



REC Silicon 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.

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

For example, REC Silicon 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)
=1.103/131.9000*131.9000
=1.103

Current CPI (Mar. 2024) = 131.9000.

REC Silicon ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.068 97.500 4.150
201409 3.374 98.500 4.518
201412 4.013 98.600 5.368
201503 2.586 99.200 3.438
201506 2.405 100.100 3.169
201509 2.850 100.600 3.737
201512 2.851 100.900 3.727
201603 2.716 102.500 3.495
201606 3.108 103.800 3.949
201609 1.694 104.200 2.144
201612 2.893 104.400 3.655
201703 1.923 105.000 2.416
201706 1.676 105.800 2.089
201709 2.449 105.900 3.050
201712 2.428 106.100 3.018
201803 1.788 107.300 2.198
201806 1.914 108.500 2.327
201809 1.471 109.500 1.772
201812 1.662 109.800 1.997
201903 1.490 110.400 1.780
201906 1.503 110.600 1.792
201909 1.136 111.100 1.349
201912 1.075 111.300 1.274
202003 0.964 111.200 1.143
202006 0.735 112.100 0.865
202009 0.995 112.900 1.162
202012 1.016 112.900 1.187
202103 0.556 114.600 0.640
202106 0.555 115.300 0.635
202109 1.045 117.500 1.173
202112 0.828 118.900 0.919
202203 0.711 119.800 0.783
202206 1.115 122.600 1.200
202209 0.925 125.600 0.971
202212 0.684 125.900 0.717
202303 0.713 127.600 0.737
202306 0.809 130.400 0.818
202309 0.903 129.800 0.918
202312 0.948 131.900 0.948
202403 1.103 131.900 1.103

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.


REC Silicon ASA  (OSTO:RECo) 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.


REC Silicon ASA Cyclically Adjusted PS Ratio Related Terms

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REC Silicon ASA (OSTO:RECO) Business Description

Traded in Other Exchanges
Address
Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (OSTO:RECO) Headlines

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