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Schibsted ASA (OSTO:SCHAO) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Schibsted 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


Schibsted ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Schibsted 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.

Schibsted ASA Cyclically Adjusted PS Ratio Chart

Schibsted 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 2.37 3.56 3.50 2.04 3.51

Schibsted 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 1.97 2.13 2.83 3.51 4.29

Competitive Comparison of Schibsted ASA's Cyclically Adjusted PS Ratio

For the Publishing subindustry, Schibsted 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.


Schibsted ASA's Cyclically Adjusted PS Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Schibsted ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Schibsted 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.

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

For example, Schibsted 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)
=16.218/132.6000*132.6000
=16.218

Current CPI (Mar. 2024) = 132.6000.

Schibsted ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 17.855 97.500 24.283
201409 16.563 98.500 22.297
201412 18.039 98.600 24.259
201503 17.193 99.200 22.982
201506 17.698 100.100 23.444
201509 16.913 100.600 22.293
201512 17.359 100.900 22.813
201603 17.167 102.500 22.208
201606 18.182 103.800 23.227
201609 16.781 104.200 21.355
201612 17.934 104.400 22.778
201703 17.678 105.000 22.325
201706 19.106 105.800 23.946
201709 18.364 105.900 22.994
201712 19.216 106.100 24.015
201803 18.271 107.300 22.579
201806 19.348 108.500 23.646
201809 18.287 109.500 22.145
201812 19.910 109.800 24.044
201903 19.219 110.400 23.084
201906 20.006 110.600 23.985
201909 12.772 111.100 15.244
201912 14.046 111.300 16.734
202003 12.868 111.200 15.344
202006 13.114 112.100 15.512
202009 13.663 112.900 16.047
202012 15.161 112.900 17.806
202103 14.389 114.600 16.649
202106 15.443 115.300 17.760
202109 15.622 117.500 17.630
202112 16.539 118.900 18.445
202203 15.594 119.800 17.260
202206 16.530 122.600 17.878
202209 16.056 125.600 16.951
202212 16.795 125.900 17.689
202303 16.141 127.600 16.773
202306 17.223 130.400 17.514
202309 16.470 129.800 16.825
202312 17.218 131.900 17.309
202403 16.218 132.600 16.218

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.


Schibsted ASA  (OSTO:SCHAo) 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.


Schibsted ASA Cyclically Adjusted PS Ratio Related Terms

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


Schibsted ASA (OSTO:SCHAO) Business Description

Address
Akersgata 55, PO Box 490 Sentrum, Oslo, NOR, 0180
Schibsted ASA is a Norway-based multimedia group that owns and operates newspapers, online classified advertisement websites, publishing houses, and other multimedia services. The company's largest sources of revenue are its Norwegian and Swedish newspapers and tabloid magazines such as Verdens Gang, Aftenposten, and Aftonbladet. It also operates other regional magazines, classified websites, and local newspapers in over 25 different countries around Europe, Asia, Latin America, and Africa. Schibsted's largest newspaper operations outside of Scandinavia are based in Spain and France.

Schibsted ASA (OSTO:SCHAO) Headlines

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