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Scandinavian Tobacco Group A/S (OCSE:STG) Cyclically Adjusted PS Ratio : 1.18 (As of Apr. 28, 2024)


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What is Scandinavian Tobacco Group A/S Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Scandinavian Tobacco Group A/S's current share price is kr113.00. Scandinavian Tobacco Group A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was kr96.01. Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio for today is 1.18.

The historical rank and industry rank for Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

OCSE:STG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 1.29   Max: 1.32
Current: 1.16

During the past years, Scandinavian Tobacco Group A/S's highest Cyclically Adjusted PS Ratio was 1.32. The lowest was 1.14. And the median was 1.29.

OCSE:STG's Cyclically Adjusted PS Ratio is ranked better than
52.94% of 34 companies
in the Tobacco Products industry
Industry Median: 1.6 vs OCSE:STG: 1.16

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.

Scandinavian Tobacco Group A/S's adjusted revenue per share data for the three months ended in Dec. 2023 was kr26.445. 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 kr96.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scandinavian Tobacco Group A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Scandinavian Tobacco Group A/S'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.

Scandinavian Tobacco Group A/S Cyclically Adjusted PS Ratio Chart

Scandinavian Tobacco Group A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Scandinavian Tobacco Group A/S 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 - - - - 1.22

Competitive Comparison of Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, Scandinavian Tobacco Group A/S'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.


Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio falls into.



Scandinavian Tobacco Group A/S 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.

Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=113.00/96.01
=1.18

* 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.

Scandinavian Tobacco Group A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Scandinavian Tobacco Group A/S'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)
=26.445/116.7000*116.7000
=26.445

Current CPI (Dec. 2023) = 116.7000.

Scandinavian Tobacco Group A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 0.000 98.300 0.000
201312 0.000 99.000 0.000
201409 0.000 99.700 0.000
201412 32.604 99.400 38.279
201503 29.931 100.200 34.860
201506 35.637 100.300 41.464
201509 17.409 100.200 20.276
201512 17.669 99.800 20.661
201603 14.994 100.200 17.463
201606 34.329 100.600 39.823
201609 17.469 100.200 20.346
201612 18.147 100.300 21.114
201703 13.846 101.200 15.967
201706 34.167 101.200 39.400
201709 17.272 101.800 19.800
201712 16.967 101.300 19.546
201803 12.898 101.700 14.800
201806 17.864 102.300 20.379
201809 18.942 102.400 21.587
201812 17.719 102.100 20.253
201903 14.691 102.900 16.661
201906 17.889 102.900 20.288
201909 18.148 102.900 20.582
201912 17.048 102.900 19.334
202003 17.613 103.300 19.898
202006 21.047 103.200 23.800
202009 22.499 103.500 25.368
202012 19.681 103.400 22.213
202103 19.277 104.300 21.569
202106 22.360 105.000 24.852
202109 22.782 105.800 25.129
202112 21.385 106.600 23.411
202203 20.917 109.900 22.211
202206 24.989 113.600 25.671
202209 26.003 116.400 26.070
202212 24.520 115.900 24.689
202303 22.606 117.300 22.490
202306 25.657 116.400 25.723
202309 25.854 117.400 25.700
202312 26.445 116.700 26.445

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.


Scandinavian Tobacco Group A/S  (OCSE:STG) 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.


Scandinavian Tobacco Group A/S Cyclically Adjusted PS Ratio Related Terms

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Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Traded in Other Exchanges
Address
Sandtoften 9, Gentofte, DNK, 2820
Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.