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Solstad Offshore ASA (Solstad Offshore ASA) Cyclically Adjusted PS Ratio : 0.00 (As of Jun. 14, 2024)


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What is Solstad Offshore ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Solstad Offshore ASA's current share price is $3.09. Solstad Offshore ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1,125.51. Solstad Offshore ASA's Cyclically Adjusted PS Ratio for today is 0.00.

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

During the past years, Solstad Offshore ASA's highest Cyclically Adjusted PS Ratio was 0.09. The lowest was 0.01. And the median was 0.02.

SLOFF's Cyclically Adjusted PS Ratio is not ranked *
in the Transportation industry.
Industry Median: 0.84
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Solstad Offshore ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.879. 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 $1,125.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solstad Offshore ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Solstad Offshore 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.

Solstad Offshore ASA Cyclically Adjusted PS Ratio Chart

Solstad Offshore ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Solstad Offshore 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 - - - - -

Competitive Comparison of Solstad Offshore ASA's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Solstad Offshore 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.


Solstad Offshore ASA's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Solstad Offshore ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Solstad Offshore 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.09/1125.51
=0.00

* 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.

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

For example, Solstad Offshore 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)
=0.879/132.6000*132.6000
=0.879

Current CPI (Mar. 2024) = 132.6000.

Solstad Offshore ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2,840.608 97.500 3,863.227
201409 3,477.216 98.500 4,681.003
201412 2,355.962 98.600 3,168.363
201503 2,229.627 99.200 2,980.328
201506 2,662.000 100.100 3,526.286
201509 2,369.160 100.600 3,122.770
201512 1,342.471 100.900 1,764.238
201603 1,770.780 102.500 2,290.785
201606 1,731.640 103.800 2,212.095
201609 1,525.000 104.200 1,940.643
201612 452.849 104.400 575.170
201703 733.187 105.000 925.910
201706 627.209 105.800 786.086
201709 468.273 105.900 586.336
201712 293.711 106.100 367.070
201803 293.255 107.300 362.401
201806 436.393 108.500 533.325
201809 443.318 109.500 536.840
201812 312.583 109.800 377.491
201903 346.583 110.400 416.276
201906 413.987 110.600 496.335
201909 428.065 111.100 510.904
201912 293.841 111.300 350.075
202003 306.029 111.200 364.923
202006 363.742 112.100 430.260
202009 374.026 112.900 439.290
202012 1.155 112.900 1.357
202103 1.590 114.600 1.840
202106 1.520 115.300 1.748
202109 1.749 117.500 1.974
202112 1.147 118.900 1.279
202203 0.993 119.800 1.099
202206 1.337 122.600 1.446
202209 1.321 125.600 1.395
202212 0.982 125.900 1.034
202303 1.673 127.600 1.739
202306 1.739 130.400 1.768
202309 1.486 129.800 1.518
202312 1.596 131.900 1.604
202403 0.879 132.600 0.879

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.


Solstad Offshore ASA  (OTCPK:SLOFF) 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.


Solstad Offshore ASA Cyclically Adjusted PS Ratio Related Terms

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


Solstad Offshore ASA (Solstad Offshore ASA) Business Description

Traded in Other Exchanges
Address
Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Offshore ASA is an owner and operator of offshore service vessels, offering maritime services to the petroleum and renewable energy industries. Its operating segments include AHTS: anchor handling vessels; PSV: platform supply vessels; Subsea, which includes construction vessels operating subsea construction contracts; and Renewable segment includes vessels operating renewable contracts. The company generates the majority of its revenue from the Subsea segment.

Solstad Offshore ASA (Solstad Offshore ASA) Headlines

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