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Zalaris ASA (OSTO:ZALO) Cyclically Adjusted PS Ratio : 2.16 (As of Jun. 20, 2024)


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What is Zalaris ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-20), Zalaris ASA's current share price is kr74.60. Zalaris ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr34.55. Zalaris ASA's Cyclically Adjusted PS Ratio for today is 2.16.

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

OSTO:ZALo' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.95   Max: 2
Current: 2

During the past years, Zalaris ASA's highest Cyclically Adjusted PS Ratio was 2.00. The lowest was 0.49. And the median was 0.95.

OSTO:ZALo's Cyclically Adjusted PS Ratio is ranked worse than
73.35% of 698 companies
in the Business Services industry
Industry Median: 0.87 vs OSTO:ZALo: 2.00

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.

Zalaris ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr12.895. 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 kr34.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zalaris ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zalaris 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.

Zalaris ASA Cyclically Adjusted PS Ratio Chart

Zalaris 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 - - - 0.66 1.15

Zalaris 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 0.80 0.93 1.06 1.15 1.75

Competitive Comparison of Zalaris ASA's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Zalaris 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.


Zalaris ASA's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Zalaris ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Zalaris 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.60/34.55
=2.16

* 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.

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

For example, Zalaris 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)
=12.895/132.6000*132.6000
=12.895

Current CPI (Mar. 2024) = 132.6000.

Zalaris ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.931 97.500 6.706
201409 5.804 98.500 7.813
201412 4.228 98.600 5.686
201503 4.931 99.200 6.591
201506 4.858 100.100 6.435
201509 4.875 100.600 6.426
201512 4.901 100.900 6.441
201603 5.184 102.500 6.706
201606 5.015 103.800 6.406
201609 5.140 104.200 6.541
201612 5.568 104.400 7.072
201703 5.541 105.000 6.997
201706 6.250 105.800 7.833
201709 7.490 105.900 9.378
201712 9.106 106.100 11.380
201803 9.171 107.300 11.333
201806 9.302 108.500 11.368
201809 8.683 109.500 10.515
201812 8.952 109.800 10.811
201903 9.666 110.400 11.610
201906 9.425 110.600 11.300
201909 9.630 111.100 11.494
201912 9.356 111.300 11.147
202003 10.235 111.200 12.205
202006 9.825 112.100 11.622
202009 9.681 112.900 11.370
202012 9.128 112.900 10.721
202103 9.377 114.600 10.850
202106 8.957 115.300 10.301
202109 9.260 117.500 10.450
202112 8.650 118.900 9.647
202203 9.695 119.800 10.731
202206 9.731 122.600 10.525
202209 10.350 125.600 10.927
202212 10.266 125.900 10.812
202303 12.074 127.600 12.547
202306 12.988 130.400 13.207
202309 12.845 129.800 13.122
202312 9.002 131.900 9.050
202403 12.895 132.600 12.895

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.


Zalaris ASA  (OSTO:ZALo) 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.


Zalaris ASA Cyclically Adjusted PS Ratio Related Terms

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


Zalaris ASA (OSTO:ZALO) Business Description

Traded in Other Exchanges
Address
Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is engaged in delivering full-service outsourced personnel and payroll services. The company has two reportable segments that are Managed Services and Professional Services. Managed services include payroll and HR outsourcing services, as well as related cloud system solutions and services. Professional Services include deliveries of change projects based on Zalaris templates or implementation of customer-specific functionality. Managed services contribute to the majority of the revenue. The company operates in Norway, Northern Europe, Central Europe, the United Kingdom, Ireland and APAC.

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