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AF Gruppen ASA (FRA:AF8) Cyclically Adjusted PS Ratio : 0.56 (As of Apr. 29, 2024)


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What is AF Gruppen ASA Cyclically Adjusted PS Ratio?

As of today (2024-04-29), AF Gruppen ASA's current share price is €11.50. AF Gruppen ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €20.67. AF Gruppen ASA's Cyclically Adjusted PS Ratio for today is 0.56.

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

FRA:AF8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.06   Max: 1.33
Current: 0.59

During the past years, AF Gruppen ASA's highest Cyclically Adjusted PS Ratio was 1.33. The lowest was 0.49. And the median was 1.06.

FRA:AF8's Cyclically Adjusted PS Ratio is ranked better than
53.69% of 1248 companies
in the Construction industry
Industry Median: 0.64 vs FRA:AF8: 0.59

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.

AF Gruppen ASA's adjusted revenue per share data for the three months ended in Dec. 2023 was €6.414. 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 €20.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AF Gruppen ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AF Gruppen 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.

AF Gruppen ASA Cyclically Adjusted PS Ratio Chart

AF Gruppen 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 1.20 1.07 1.03 0.68 0.53

AF Gruppen ASA 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 0.68 0.68 0.59 0.55 0.53

Competitive Comparison of AF Gruppen ASA's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, AF Gruppen 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.


AF Gruppen ASA's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AF Gruppen 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.50/20.67
=0.56

* 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.

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

For example, AF Gruppen ASA'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)
=6.414/131.9000*131.9000
=6.414

Current CPI (Dec. 2023) = 131.9000.

AF Gruppen ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.355 97.300 4.548
201406 3.589 97.500 4.855
201409 3.295 98.500 4.412
201412 3.333 98.600 4.459
201503 3.251 99.200 4.323
201506 4.323 100.100 5.696
201509 3.295 100.600 4.320
201512 3.789 100.900 4.953
201603 3.028 102.500 3.897
201606 3.591 103.800 4.563
201609 3.547 104.200 4.490
201612 3.275 104.400 4.138
201703 3.100 105.000 3.894
201706 3.666 105.800 4.570
201709 3.769 105.900 4.694
201712 4.402 106.100 5.472
201803 4.146 107.300 5.097
201806 5.051 108.500 6.140
201809 4.822 109.500 5.808
201812 5.707 109.800 6.856
201903 5.399 110.400 6.450
201906 6.010 110.600 7.167
201909 5.045 111.100 5.990
201912 6.181 111.300 7.325
202003 5.700 111.200 6.761
202006 5.892 112.100 6.933
202009 5.641 112.900 6.590
202012 6.553 112.900 7.656
202103 5.755 114.600 6.624
202106 6.699 115.300 7.663
202109 5.901 117.500 6.624
202112 7.330 118.900 8.131
202203 6.529 119.800 7.188
202206 7.539 122.600 8.111
202209 6.963 125.600 7.312
202212 7.402 125.900 7.755
202303 6.556 127.600 6.777
202306 6.242 130.400 6.314
202309 5.641 129.800 5.732
202312 6.414 131.900 6.414

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.


AF Gruppen ASA  (FRA:AF8) 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.


AF Gruppen ASA Cyclically Adjusted PS Ratio Related Terms

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


AF Gruppen ASA (FRA:AF8) Business Description

Industry
Traded in Other Exchanges
Address
Innspurten 15, P.O. box 6272, Oslo, NOR, 0663
AF Gruppen ASA A is one of Norway's leading contracting and industrial groups. It provides civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants. AF Gruppen's customers are primarily public agencies and private companies.

AF Gruppen ASA (FRA:AF8) Headlines

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