GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » AB Sagax (CHIX:SAGAAs) » Definitions » Cyclically Adjusted PS Ratio

ABgax (CHIX:SAGAAS) Cyclically Adjusted PS Ratio : 33.93 (As of Apr. 29, 2024)


View and export this data going back to 2015. Start your Free Trial

What is ABgax Cyclically Adjusted PS Ratio?

As of today (2024-04-29), ABgax's current share price is kr170.00. ABgax's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was kr5.01. ABgax's Cyclically Adjusted PS Ratio for today is 33.93.

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

CHIX:SAGAAs' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 20.43   Med: 33.6   Max: 73.29
Current: 33.53

During the past years, ABgax's highest Cyclically Adjusted PS Ratio was 73.29. The lowest was 20.43. And the median was 33.60.

CHIX:SAGAAs's Cyclically Adjusted PS Ratio is ranked worse than
97.8% of 1362 companies
in the Real Estate industry
Industry Median: 1.715 vs CHIX:SAGAAs: 33.53

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.

ABgax's adjusted revenue per share data for the three months ended in Dec. 2023 was kr3.433. 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 kr5.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABgax Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ABgax'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.

ABgax Cyclically Adjusted PS Ratio Chart

ABgax 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 33.26 35.99 55.10 34.30 33.91

ABgax Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 34.30 33.06 28.67 26.95 33.91

Competitive Comparison of ABgax's Cyclically Adjusted PS Ratio

For the Real Estate Services subindustry, ABgax'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.


ABgax's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ABgax's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ABgax 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.

ABgax's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=170.00/5.01
=33.93

* 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.

ABgax's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, ABgax's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.433/130.9575*130.9575
=3.433

Current CPI (Dec. 2023) = 130.9575.

ABgax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.810 99.788 1.063
201406 0.848 100.432 1.106
201409 0.882 100.161 1.153
201412 0.907 100.225 1.185
201503 0.967 99.950 1.267
201506 0.973 99.995 1.274
201509 1.042 100.228 1.361
201512 1.001 100.276 1.307
201603 1.112 100.751 1.445
201606 1.187 101.019 1.539
201609 1.270 101.138 1.644
201612 1.263 102.022 1.621
201703 1.256 102.022 1.612
201706 1.245 102.752 1.587
201709 1.052 103.279 1.334
201712 1.122 103.793 1.416
201803 1.191 103.962 1.500
201806 1.497 104.875 1.869
201809 1.795 105.679 2.224
201812 1.349 105.912 1.668
201903 1.510 105.886 1.868
201906 1.541 106.742 1.891
201909 1.551 107.214 1.894
201912 1.568 107.766 1.905
202003 1.655 106.563 2.034
202006 2.258 107.498 2.751
202009 1.668 107.635 2.029
202012 1.690 108.296 2.044
202103 1.678 108.360 2.028
202106 2.439 108.928 2.932
202109 2.494 110.338 2.960
202112 2.547 112.486 2.965
202203 2.800 114.825 3.193
202206 2.045 118.384 2.262
202209 2.996 122.296 3.208
202212 3.060 126.365 3.171
202303 3.174 127.042 3.272
202306 2.346 129.407 2.374
202309 3.400 130.224 3.419
202312 3.433 130.958 3.433

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.


ABgax  (CHIX:SAGAAs) 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.


ABgax Cyclically Adjusted PS Ratio Related Terms

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


ABgax (CHIX:SAGAAS) Business Description

Industry
Address
Engelbrektsplan 1, Stockholm, SWE, SE-114 34
AB Sagax is a property company that invests in commercial properties with a focus on the warehouse and light industry segment. The company owns properties in Sweden, Finland, Germany, and Denmark, with a total rental space of more than 3 million square metres. A significant proportion of the company's real estate portfolio is located in the Stockholm and Helsinki regions. The company's revenue consists primarily of rental income for the provision of premises, of which the majority is derived from the government, municipalities, or companies with significant sales.

ABgax (CHIX:SAGAAS) Headlines

No Headlines