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Tobii AB (OSTO:TOBII) Cyclically Adjusted PS Ratio : 0.21 (As of May. 30, 2024)


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What is Tobii AB Cyclically Adjusted PS Ratio?

As of today (2024-05-30), Tobii AB's current share price is kr2.98. Tobii AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr14.43. Tobii AB's Cyclically Adjusted PS Ratio for today is 0.21.

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

OSTO:TOBII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.35   Max: 0.89
Current: 0.2

During the past years, Tobii AB's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.20. And the median was 0.35.

OSTO:TOBII's Cyclically Adjusted PS Ratio is ranked better than
89.24% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs OSTO:TOBII: 0.20

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.

Tobii AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr1.510. 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 kr14.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tobii AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tobii 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.

Tobii AB Cyclically Adjusted PS Ratio Chart

Tobii 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 - - - - 0.44

Tobii 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 - - 0.93 0.44 0.21

Competitive Comparison of Tobii AB's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Tobii 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.


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

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

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



Tobii 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.98/14.43
=0.21

* 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.

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

For example, Tobii 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)
=1.51/132.2054*132.2054
=1.510

Current CPI (Mar. 2024) = 132.2054.

Tobii AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.073 100.432 2.729
201409 2.562 100.161 3.382
201412 2.895 100.225 3.819
201503 3.097 99.950 4.096
201506 2.519 99.995 3.330
201509 2.445 100.228 3.225
201512 3.102 100.276 4.090
201603 2.774 100.751 3.640
201606 2.642 101.019 3.458
201609 2.775 101.138 3.627
201612 3.298 102.022 4.274
201703 2.605 102.022 3.376
201706 2.667 102.752 3.431
201709 2.515 103.279 3.219
201712 3.095 103.793 3.942
201803 2.969 103.962 3.776
201806 3.090 104.875 3.895
201809 3.148 105.679 3.938
201812 3.851 105.912 4.807
201903 3.664 105.886 4.575
201906 3.490 106.742 4.323
201909 3.635 107.214 4.482
201912 4.295 107.766 5.269
202003 3.834 106.563 4.757
202006 3.355 107.498 4.126
202009 3.202 107.635 3.933
202012 -4.370 108.296 -5.335
202103 1.398 108.360 1.706
202106 1.223 108.928 1.484
202109 1.466 110.338 1.757
202112 1.700 112.486 1.998
202203 1.662 114.825 1.914
202206 1.540 118.384 1.720
202209 1.613 122.296 1.744
202212 2.404 126.365 2.515
202303 1.558 127.042 1.621
202306 1.698 129.407 1.735
202309 1.390 130.224 1.411
202312 2.406 131.912 2.411
202403 1.510 132.205 1.510

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.


Tobii AB  (OSTO:TOBII) 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.


Tobii AB Cyclically Adjusted PS Ratio Related Terms

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


Tobii AB (OSTO:TOBII) Business Description

Industry
Traded in Other Exchanges
Address
Karlsrovagen 2D, Danderyd, SWE, S-182 53
Tobii AB, along with its subsidiaries, provides eye-tracking solutions. The group comprises three business units: Tobii Dynavox, Tobii Pro and Tobii Tech. Tobii Dynavox provides assistive technology for communication. Tobii Pro is a provider of eye-tracking solutions and services to study human behavior. Tobii Tech provides eye-tracking components and platforms. Business operations of the company are functioned through Sweden, Europe, the USA, Asia/Oceania, and Other countries. It derives a majority of revenue from the USA.

Tobii AB (OSTO:TOBII) Headlines

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