GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Traction AB (OSTO:TRAC B) » Definitions » Cyclically Adjusted PS Ratio

Traction AB (OSTO:TRAC B) Cyclically Adjusted PS Ratio : 10.89 (As of Jul. 08, 2025)


View and export this data going back to 1997. Start your Free Trial

What is Traction AB Cyclically Adjusted PS Ratio?

As of today (2025-07-08), Traction AB's current share price is kr265.00. Traction AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was kr24.34. Traction AB's Cyclically Adjusted PS Ratio for today is 10.89.

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

OSTO:TRAC B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.26   Med: 8.81   Max: 12.54
Current: 10.89

During the past years, Traction AB's highest Cyclically Adjusted PS Ratio was 12.54. The lowest was 5.26. And the median was 8.81.

OSTO:TRAC B's Cyclically Adjusted PS Ratio is ranked worse than
64.07% of 874 companies
in the Asset Management industry
Industry Median: 8.235 vs OSTO:TRAC B: 10.89

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.

Traction AB's adjusted revenue per share data for the three months ended in Mar. 2025 was kr4.226. 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 kr24.34 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Traction AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Traction 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.

Traction AB Cyclically Adjusted PS Ratio Chart

Traction AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.52 10.06 9.65 10.80 10.68

Traction AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 11.87 10.79 11.58 10.68 11.01

Competitive Comparison of Traction AB's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Traction 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.


Traction AB's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Traction AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


;
;

Traction 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=265.00/24.34
=10.89

* 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.

Traction AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Traction AB's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.226/132.8245*132.8245
=4.226

Current CPI (Mar. 2025) = 132.8245.

Traction AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 11.146 99.995 14.805
201509 -5.024 100.228 -6.658
201512 1.291 100.276 1.710
201603 3.509 100.751 4.626
201606 -1.041 101.019 -1.369
201609 16.667 101.138 21.889
201612 8.898 102.022 11.585
201703 11.535 102.022 15.018
201706 18.763 102.752 24.254
201709 0.663 103.279 0.853
201712 -9.601 103.793 -12.286
201803 2.630 103.962 3.360
201806 7.512 104.875 9.514
201809 9.642 105.679 12.119
201812 -24.030 105.912 -30.136
201903 7.769 105.886 9.745
201906 15.659 106.742 19.485
201909 -5.220 107.214 -6.467
201912 10.710 107.766 13.200
202003 -44.577 106.563 -55.563
202006 11.487 107.498 14.193
202009 18.479 107.635 22.804
202012 14.091 108.296 17.283
202103 34.023 108.360 41.705
202106 10.947 108.928 13.349
202109 13.462 110.338 16.205
202112 33.103 112.486 39.088
202203 -1.109 114.825 -1.283
202206 -24.773 118.384 -27.795
202209 -13.644 122.296 -14.819
202212 15.044 126.365 15.813
202303 14.469 127.042 15.128
202306 -1.602 129.407 -1.644
202309 -14.070 130.224 -14.351
202312 20.426 131.912 20.567
202403 8.851 132.205 8.892
202406 14.746 132.716 14.758
202409 0.933 132.304 0.937
202412 8.634 132.987 8.623
202503 4.226 132.825 4.226

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.


Traction AB  (OSTO:TRAC B) 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.


Traction AB Cyclically Adjusted PS Ratio Related Terms

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


Traction AB Business Description

Traded in Other Exchanges
N/A
Address
Birger Jarlsgatan 33, Box 3314, Stockholm, SWE, 103 66
Traction AB is a Sweden-based investment company engaged in the long-term business development of wholly and partially owned companies. Its core objective is to realize a good return on capital. Its activities are divided into three business divisions: Customer relationships, providing customer-focused business models; Capital flows, offering cost control; and Risk management, including sharing and reducing risk factors. Traction AB invests in listed active holdings, such as BE Group, Drillcon, Duroc, Hifab Group, Nordic Camping and Resort, OEM International, PartnerTech, Softronic, and SwitchCore, as well as in unlisted active entities, including Banking Automation, Modular Streams, Recco Holding, and Silicon.

Traction AB Headlines

No Headlines