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Techstep ASA (OSL:TECH) Cyclically Adjusted Revenue per Share : kr186.05 (As of Mar. 2025)


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What is Techstep ASA Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Techstep ASA's adjusted revenue per share for the three months ended in Mar. 2025 was kr7.272. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is kr186.05 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Techstep ASA's average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 2.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Techstep ASA was 4.20% per year. The lowest was -2.20% per year. And the median was 2.40% per year.

As of today (2025-06-12), Techstep ASA's current stock price is kr11.70. Techstep ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was kr186.05. Techstep ASA's Cyclically Adjusted PS Ratio of today is 0.06.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Techstep ASA was 0.37. The lowest was 0.04. And the median was 0.18.


Techstep ASA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Techstep ASA's Cyclically Adjusted Revenue per Share 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.

Techstep ASA Cyclically Adjusted Revenue per Share Chart

Techstep ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 162.30 170.93 179.16 183.41 183.53

Techstep ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted Revenue per Share 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 183.31 183.56 182.55 183.53 186.05

Competitive Comparison of Techstep ASA's Cyclically Adjusted Revenue per Share

For the Software - Application subindustry, Techstep 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.


Techstep ASA's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Techstep ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Techstep ASA Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.272/136.1000*136.1000
=7.272

Current CPI (Mar. 2025) = 136.1000.

Techstep ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.000 100.100 0.000
201509 0.000 100.600 0.000
201512 609.599 100.900 822.264
201603 135.017 102.500 179.276
201606 104.040 103.800 136.415
201609 18.320 104.200 23.929
201612 55.967 104.400 72.961
201703 12.521 105.000 16.230
201706 12.340 105.800 15.874
201709 12.363 105.900 15.889
201712 18.291 106.100 23.463
201803 15.851 107.300 20.106
201806 18.797 108.500 23.579
201809 14.190 109.500 17.637
201812 16.567 109.800 20.535
201903 18.802 110.400 23.179
201906 16.978 110.600 20.892
201909 15.285 111.100 18.724
201912 20.476 111.300 25.038
202003 16.792 111.200 20.552
202006 11.867 112.100 14.408
202009 12.781 112.900 15.407
202012 15.098 112.900 18.201
202103 17.259 114.600 20.497
202106 18.272 115.300 21.568
202109 14.919 117.500 17.281
202112 18.988 118.900 21.735
202203 17.066 119.800 19.388
202206 14.964 122.600 16.612
202209 13.832 125.600 14.988
202212 11.809 125.900 12.766
202303 9.265 127.600 9.882
202306 9.276 130.400 9.681
202309 7.322 129.800 7.677
202312 9.622 131.900 9.928
202403 8.180 132.600 8.396
202406 8.342 133.800 8.485
202409 7.413 133.700 7.546
202412 9.108 134.800 9.196
202503 7.272 136.100 7.272

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Techstep ASA  (OSL:TECH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Techstep ASA's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=11.70/186.05
=0.06

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Techstep ASA was 0.37. The lowest was 0.04. And the median was 0.18.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Techstep ASA Cyclically Adjusted Revenue per Share Related Terms

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


Techstep ASA Business Description

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Techstep ASA is a Nordic enabler of the mobile workplace, delivering a full range of devices and services to facilitate mobile workplaces. The company bundles mobile devices, software, information security, and expertise for its customers. Its Device Lifecycle Management Platform enables IT vendors to scale and optimise their Device-as-a-Service business, enhancing efficiency, control, and user experience at every lifecycle stage. In addition, the company offers various workplace devices and services such as mobile devices and accessories, laptops, device management and security services, and others. A majority of its revenue is generated from the provision of workplace devices for its clients. Geographically, it derives maximum revenue from Norway, followed by Sweden, Denmark, and Poland.