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Aker BP ASA (STU:ARC) Cyclically Adjusted PS Ratio : 2.15 (As of Jun. 15, 2024)


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What is Aker BP ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-15), Aker BP ASA's current share price is €22.50. Aker BP ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.48. Aker BP ASA's Cyclically Adjusted PS Ratio for today is 2.15.

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

STU:ARC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.11   Med: 4.94   Max: 13.8
Current: 2.11

During the past years, Aker BP ASA's highest Cyclically Adjusted PS Ratio was 13.80. The lowest was 2.11. And the median was 4.94.

STU:ARC's Cyclically Adjusted PS Ratio is ranked worse than
74.02% of 762 companies
in the Oil & Gas industry
Industry Median: 0.86 vs STU:ARC: 2.11

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.

Aker BP ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.449. 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 €10.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker BP ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aker BP 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.

Aker BP ASA Cyclically Adjusted PS Ratio Chart

Aker BP 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 7.87 4.88 4.52 3.43 2.56

Aker BP 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 2.69 2.45 2.75 2.56 2.23

Competitive Comparison of Aker BP ASA's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Aker BP 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.


Aker BP ASA's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker BP ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aker BP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.50/10.48
=2.15

* 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.

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

For example, Aker BP 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)
=4.449/132.6000*132.6000
=4.449

Current CPI (Mar. 2024) = 132.6000.

Aker BP ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.123 97.500 0.167
201409 0.080 98.500 0.108
201412 1.386 98.600 1.864
201503 1.476 99.200 1.973
201506 1.478 100.100 1.958
201509 1.234 100.600 1.627
201512 0.989 100.900 1.300
201603 0.890 102.500 1.151
201606 1.192 103.800 1.523
201609 1.087 104.200 1.383
201612 1.517 104.400 1.927
201703 1.792 105.000 2.263
201706 1.556 105.800 1.950
201709 1.493 105.900 1.869
201712 1.792 106.100 2.240
201803 2.132 107.300 2.635
201806 2.207 108.500 2.697
201809 2.254 109.500 2.730
201812 2.175 109.800 2.627
201903 2.109 110.400 2.533
201906 1.917 110.600 2.298
201909 1.819 111.100 2.171
201912 2.448 111.300 2.916
202003 1.959 111.200 2.336
202006 1.442 112.100 1.706
202009 1.593 112.900 1.871
202012 1.895 112.900 2.226
202103 2.644 114.600 3.059
202106 2.604 115.300 2.995
202109 3.686 117.500 4.160
202112 4.479 118.900 4.995
202203 5.678 119.800 6.285
202206 5.237 122.600 5.664
202209 7.759 125.600 8.191
202212 5.672 125.900 5.974
202303 4.876 127.600 5.067
202306 4.762 130.400 4.842
202309 5.172 129.800 5.284
202312 5.146 131.900 5.173
202403 4.449 132.600 4.449

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.


Aker BP ASA  (STU:ARC) 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.


Aker BP ASA Cyclically Adjusted PS Ratio Related Terms

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


Aker BP ASA (STU:ARC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker BP ASA (STU:ARC) » Definitions » Cyclically Adjusted PS Ratio
Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.

Aker BP ASA (STU:ARC) Headlines