GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Storebrand ASA (OSTO:STBo) » Definitions » Cyclically Adjusted Revenue per Share

Storebrand ASA (OSTO:STBO) Cyclically Adjusted Revenue per Share : kr134.56 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Storebrand 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.

Storebrand ASA's adjusted revenue per share for the three months ended in Mar. 2024 was kr83.207. 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 kr134.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Storebrand ASA's average Cyclically Adjusted Revenue Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.30% 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 Storebrand ASA was 4.10% per year. The lowest was 0.20% per year. And the median was 1.05% per year.

As of today (2024-05-24), Storebrand ASA's current stock price is kr111.40. Storebrand ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr134.56. Storebrand ASA's Cyclically Adjusted PS Ratio of today is 0.83.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Storebrand ASA was 0.82. The lowest was 0.29. And the median was 0.57.


Storebrand ASA Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Storebrand 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.

Storebrand ASA Cyclically Adjusted Revenue per Share Chart

Storebrand ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 128.41 122.33 137.99 129.84 130.98

Storebrand 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 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 127.65 127.33 128.12 130.98 134.56

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

For the Financial Conglomerates subindustry, Storebrand 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.


Storebrand ASA's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Storebrand ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Storebrand 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, Storebrand 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)
=83.207/132.6000*132.6000
=83.207

Current CPI (Mar. 2024) = 132.6000.

Storebrand ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 38.593 97.500 52.486
201409 26.056 98.500 35.076
201412 41.941 98.600 56.403
201503 50.237 99.200 67.151
201506 5.836 100.100 7.731
201509 2.439 100.600 3.215
201512 34.970 100.900 45.957
201603 24.020 102.500 31.074
201606 30.939 103.800 39.523
201609 37.728 104.200 48.011
201612 31.039 104.400 39.423
201703 38.380 105.000 48.468
201706 23.587 105.800 29.562
201709 29.037 105.900 36.358
201712 41.074 106.100 51.333
201803 17.046 107.300 21.065
201806 35.950 108.500 43.935
201809 30.966 109.500 37.499
201812 -10.965 109.800 -13.242
201903 65.857 110.400 79.100
201906 38.124 110.600 45.707
201909 36.715 111.100 43.820
201912 45.516 111.300 54.227
202003 -33.108 111.200 -39.480
202006 85.350 112.100 100.958
202009 53.683 112.900 63.050
202012 -20.593 112.900 -24.186
202103 74.712 114.600 86.447
202106 60.637 115.300 69.735
202109 32.792 117.500 37.006
202112 -19.556 118.900 -21.809
202203 -27.516 119.800 -30.456
202206 -19.352 122.600 -20.930
202209 -14.300 125.600 -15.097
202212 50.314 125.900 52.992
202303 38.234 127.600 39.732
202306 1.022 130.400 1.039
202309 -10.842 129.800 -11.076
202312 85.298 131.900 85.751
202403 83.207 132.600 83.207

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


Storebrand ASA  (OSTO:STBo) 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.

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

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=111.40/134.56
=0.83

* 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 Storebrand ASA was 0.82. The lowest was 0.29. And the median was 0.57.


Be Aware

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


Storebrand ASA Cyclically Adjusted Revenue per Share Related Terms

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


Storebrand ASA (OSTO:STBO) Business Description

Traded in Other Exchanges
Address
Professor Kohts vei 9, P.O. Box 474, Lysaker, NOR, N-1327
Storebrand ASA is a Nordic long-term savings and insurance company. The business is divided into nonguaranteed savings, insurance, and guaranteed pensions. The savings segment includes products for retirement savings with no interest rate guarantees. The segment consists of defined contribution pensions in Norway and Sweden, asset management, and retail banking products. The insurance segment provides risk products in Norway and Sweden. It provides health, property & casualty, personal risk products, and employee-related & pension-related insurance. The Guaranteed Pension business area encompasses long-term pension savings products that give customers a guaranteed rate of return.

Storebrand ASA (OSTO:STBO) Headlines

No Headlines