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Voss Veksel- og Landmandsbank ASA (STU:UQ6) Cyclically Adjusted PS Ratio : 4.37 (As of Jun. 19, 2024)


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What is Voss Veksel- og Landmandsbank ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Voss Veksel- og Landmandsbank ASA's current share price is €22.00. Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.04. Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio for today is 4.37.

The historical rank and industry rank for Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:UQ6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.84   Med: 3.68   Max: 5.14
Current: 4.19

During the past years, Voss Veksel- og Landmandsbank ASA's highest Cyclically Adjusted PS Ratio was 5.14. The lowest was 2.84. And the median was 3.68.

STU:UQ6's Cyclically Adjusted PS Ratio is ranked worse than
82.19% of 1196 companies
in the Banks industry
Industry Median: 2.325 vs STU:UQ6: 4.19

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.

Voss Veksel- og Landmandsbank ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.652. 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 €5.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Voss Veksel- og Landmandsbank ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Voss Veksel- og Landmandsbank 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.

Voss Veksel- og Landmandsbank ASA Cyclically Adjusted PS Ratio Chart

Voss Veksel- og Landmandsbank 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 3.21 3.23 3.85 3.97 4.00

Voss Veksel- og Landmandsbank 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 4.00 3.78 3.67 4.00 4.28

Competitive Comparison of Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Voss Veksel- og Landmandsbank 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.


Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio falls into.



Voss Veksel- og Landmandsbank 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.

Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.00/5.04
=4.37

* 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.

Voss Veksel- og Landmandsbank ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Voss Veksel- og Landmandsbank 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)
=1.652/132.6000*132.6000
=1.652

Current CPI (Mar. 2024) = 132.6000.

Voss Veksel- og Landmandsbank ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.777 97.500 2.417
201409 1.495 98.500 2.013
201412 1.181 98.600 1.588
201503 0.939 99.200 1.255
201506 0.857 100.100 1.135
201509 1.093 100.600 1.441
201512 1.194 100.900 1.569
201603 0.994 102.500 1.286
201606 1.305 103.800 1.667
201609 1.260 104.200 1.603
201612 1.289 104.400 1.637
201703 1.166 105.000 1.472
201706 1.238 105.800 1.552
201709 0.664 105.900 0.831
201712 1.620 106.100 2.025
201803 1.226 107.300 1.515
201806 1.349 108.500 1.649
201809 1.458 109.500 1.766
201812 1.459 109.800 1.762
201903 1.320 110.400 1.585
201906 1.393 110.600 1.670
201909 1.547 111.100 1.846
201912 1.382 111.300 1.646
202003 1.117 111.200 1.332
202006 0.964 112.100 1.140
202009 1.158 112.900 1.360
202012 1.187 112.900 1.394
202103 1.220 114.600 1.412
202106 1.215 115.300 1.397
202109 1.201 117.500 1.355
202112 1.105 118.900 1.232
202203 1.197 119.800 1.325
202206 1.418 122.600 1.534
202209 1.412 125.600 1.491
202212 1.572 125.900 1.656
202303 1.373 127.600 1.427
202306 1.491 130.400 1.516
202309 1.734 129.800 1.771
202312 1.897 131.900 1.907
202403 1.652 132.600 1.652

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.


Voss Veksel- og Landmandsbank ASA  (STU:UQ6) 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.


Voss Veksel- og Landmandsbank ASA Cyclically Adjusted PS Ratio Related Terms

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


Voss Veksel- og Landmandsbank ASA (STU:UQ6) Business Description

Traded in Other Exchanges
Address
Vangsgata 24, Voss, NOR, 5700
Voss Veksel- og Landmandsbank ASA operates in the banking sector. It provides general banking services like deposits, loans, insurance services, mobile banking, online banking, among others.

Voss Veksel- og Landmandsbank ASA (STU:UQ6) Headlines

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