Voim ASA (STU:E2M) Cyclically Adjusted PS Ratio: 0.11 (As of Jul. 30, 2026) — 175% Above Median

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STU:E2M Voim ASA STU:E2M
36 GF Score
Price €0.04
GF Value €0.08
Valuation Possible Value Trap
! 6 Warning Signs
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What is Voim ASA Cyclically Adjusted PS Ratio?

Voim ASA STU:E2M +111.11% 36 Cyclically Adjusted PS Ratio is 0.11 as of Jul. 30, 2026, which is 175% above its 10-year median of 0.04. GuruFocus rates STU:E2M with a GF Score™ of 36/100 and a GF Value™ of €0.08 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 707 Oil & Gas companies, Voim ASA ranks better than 98.16% on this metric.

As of today (2026-07-30), Voim ASA's current share price is €0.038. Voim ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €0.34. Voim ASA's Cyclically Adjusted PS Ratio for today is 0.11.

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

STU:E2M' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.19
Current: 0.03

During the past years, Voim ASA's highest Cyclically Adjusted PS Ratio was 0.19. The lowest was 0.01. And the median was 0.04.

STU:E2M's Cyclically Adjusted PS Ratio is ranked better than
98.16% of 707 companies
in the Oil & Gas industry
Industry Median: 1.05 vs STU:E2M: 0.03

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.

Voim ASA's adjusted revenue per share data for the three months ended in Dec. 2025 was €0.025. 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 €0.34 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voim ASA  (STU:E2M) 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.


Voim ASA Cyclically Adjusted PS Ratio Related Terms


Voim ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Voim 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.

Voim ASA Cyclically Adjusted PS Ratio Chart

Voim ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.04 0.08 0.14 0.03

Voim ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.14 0.17 0.21 0.16 0.03

STU:E2M vs SLB, BKR, FTI: Cyclically Adjusted PS Ratio Comparison

For the Oil & Gas Equipment & Services subindustry, Voim 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.


Voim ASA Cyclically Adjusted PS Ratio vs Oil & Gas Industry

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

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


STU:E2M
36GF Score
Voim ASA STU:E2M
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voim 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.038/0.34
=0.11

* 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.

Voim ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, Voim ASA's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=0.025/139.1000*139.1000
=0.025

Current CPI (Dec. 2025) = 139.1000.

Voim ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 0.260 102.500 0.353
201606 0.298 103.800 0.399
201609 3.525 104.200 4.706
201612 0.252 104.400 0.336
201703 0.086 105.000 0.114
201706 0.217 105.800 0.285
201709 0.107 105.900 0.141
201712 0.097 106.100 0.127
201803 0.037 107.300 0.048
201806 0.061 108.500 0.078
201809 0.039 109.500 0.050
201812 0.090 109.800 0.114
201903 0.073 110.400 0.092
201906 0.098 110.600 0.123
201909 0.187 111.100 0.234
201912 0.256 111.300 0.320
202003 0.078 111.200 0.098
202006 0.051 112.100 0.063
202009 0.014 112.900 0.017
202012 0.025 112.900 0.031
202103 0.010 114.600 0.012
202106 0.060 115.300 0.072
202109 0.083 117.500 0.098
202112 0.035 118.900 0.041
202203 0.043 119.800 0.050
202206 0.050 122.600 0.057
202209 0.051 125.600 0.056
202212 0.110 125.900 0.122
202303 0.036 127.600 0.039
202306 0.001 130.400 0.001
202309 0.012 129.800 0.013
202312 0.008 131.900 0.008
202403 0.002 132.600 0.002
202406 0.098 133.800 0.102
202409 0.007 133.700 0.007
202412 0.071 134.800 0.073
202503 0.071 136.100 0.073
202506 0.064 137.800 0.065
202509 0.000 138.500 0.000
202512 0.025 139.100 0.025

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.

What does a Cyclically Adjusted PS Ratio of 0.11 mean?
Voim ASA (STU:E2M) has a Cyclically Adjusted PS Ratio of 0.11 as of Jul. 30, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Voim ASA and its competitors. This is 175% above median its historical median of 0.04. Over the past decade, Voim ASA's Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.19. According to the industry distribution chart, Voim ASA ranks #13 out of 707 companies in the Oil & Gas industry, placing it in the top 1.8%.
Is Voim ASA's Cyclically Adjusted PS Ratio too high?
Voim ASA's current Cyclically Adjusted PS Ratio of 0.11 is 175% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.19. The Oil & Gas industry median Cyclically Adjusted PS Ratio is 1.05. Voim ASA's value of 0.11 is 89.5% below this industry median. Based on the distribution chart, Voim ASA ranks #13 out of 707 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Voim ASA has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Voim ASA's Cyclically Adjusted PS Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Voim ASA ranks #13 out of 707 companies for Cyclically Adjusted PS Ratio. This places Voim ASA in the top 2% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PS Ratio is 1.05. Voim ASA's value of 0.11 is 89.5% below this benchmark. Historically, Voim ASA's own Cyclically Adjusted PS Ratio has ranged from 0.01 to 0.19 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 1.05, Voim ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Oil & Gas company?
The median Cyclically Adjusted PS Ratio among Oil & Gas companies is 1.05, based on 707 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Voim ASA's current Cyclically Adjusted PS Ratio of 0.11 is 89.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Voim ASA and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PS Ratio is 1.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voim ASA's current Cyclically Adjusted PS Ratio is 0.11, which is 175% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voim ASA stock overvalued right now?
Based on GuruFocus' analysis, Voim ASA (STU:E2M) is currently considered Possible Value Trap. The stock's GF Value™ is €0.08, compared to a current price of €0.04 — trading 52.5% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.11, which is 175% above median its 10-year median of 0.04 and 89.5% below the Oil & Gas industry median of 1.05. Voim ASA's overall GF Score™ is 36/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Voim ASA (STU:E2M), the current Cyclically Adjusted PS Ratio is 0.11 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Voim ASA (STU:E2M) Overvalued in 2026?

Based on GuruFocus' analysis, Voim ASA stock appears to be undervalued. The current stock price of €0.04 is trading 52.5% below its estimated GF Value™ of €0.08. GuruFocus considers Voim ASA to be Possible Value Trap.

Key valuation signals for STU:E2M:

  • Cyclically Adjusted PS Ratio: 0.11 (175% above median its 10-year median of 0.04)
  • GF Value™: €0.08 vs. price of €0.04 (52.5% below fair value)
  • GF Score™: 36/100 with 6 warning signs
  • Industry Position: 89.5% below the Oil & Gas median (#13 of 707)

No single metric tells the full story. See the STU:E2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voim ASA Business Description

Industry EnergyOil & Gas
Other Exchanges EMGS:Norway0J5B:UK
Address Karenslyst Alle 4, 4th Floor, Oslo, NOR, 0278
ElectroMagnetic GeoServices ASA is a company engaged in offering electromagnetic services. The company uses the electromagnetic survey method to locate hydrocarbons in offshore reservoirs. The company's focus is on planning, acquisition, processing, modeling, interpretation, and integration of electromagnetic data. Oil and gas companies, as well as other customers, utilize its services to determine whether an offshore area is suitable for the commercial production of hydrocarbons. The company operates in Europe, the Middle East, and Africa, Norway, North and South America, Asia, and the Pacific Ocean. The majority of their revenue is generated from Asia and the Pacific Ocean. It makes money through proprietary contract sales and multi-client sales.
36GF Score

Get the complete analysis for STU:E2M

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.04
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€0.08
GF Value