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Orkla ASA (Orkla ASA) Cyclically Adjusted PS Ratio : 1.30 (As of Apr. 27, 2024)


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What is Orkla ASA Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Orkla ASA's current share price is $6.72. Orkla ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $5.16. Orkla ASA's Cyclically Adjusted PS Ratio for today is 1.30.

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

ORKLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.37   Med: 1.96   Max: 2.46
Current: 1.37

During the past years, Orkla ASA's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 1.37. And the median was 1.96.

ORKLY's Cyclically Adjusted PS Ratio is ranked worse than
66.67% of 1356 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs ORKLY: 1.37

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.

Orkla ASA's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.685. 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 $5.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orkla ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orkla 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.

Orkla ASA Cyclically Adjusted PS Ratio Chart

Orkla 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 2.28 2.13 2.09 1.50 1.51

Orkla 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 1.50 1.53 1.53 1.58 1.51

Competitive Comparison of Orkla ASA's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, Orkla 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.


Orkla ASA's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Orkla 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.72/5.16
=1.30

* 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.

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

For example, Orkla 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)
=1.685/131.9000*131.9000
=1.685

Current CPI (Dec. 2023) = 131.9000.

Orkla ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.155 97.300 1.566
201406 1.163 97.500 1.573
201409 1.129 98.500 1.512
201412 1.096 98.600 1.466
201503 0.930 99.200 1.237
201506 0.970 100.100 1.278
201509 0.999 100.600 1.310
201512 1.083 100.900 1.416
201603 1.002 102.500 1.289
201606 1.117 103.800 1.419
201609 1.130 104.200 1.430
201612 1.186 104.400 1.498
201703 1.053 105.000 1.323
201706 1.133 105.800 1.413
201709 1.236 105.900 1.539
201712 1.281 106.100 1.592
201803 1.235 107.300 1.518
201806 1.223 108.500 1.487
201809 1.226 109.500 1.477
201812 1.271 109.800 1.527
201903 1.183 110.400 1.413
201906 1.222 110.600 1.457
201909 1.208 111.100 1.434
201912 1.331 111.300 1.577
202003 1.123 111.200 1.332
202006 1.164 112.100 1.370
202009 1.299 112.900 1.518
202012 1.448 112.900 1.692
202103 1.352 114.600 1.556
202106 1.403 115.300 1.605
202109 1.523 117.500 1.710
202112 1.567 118.900 1.738
202203 1.507 119.800 1.659
202206 1.471 122.600 1.583
202209 1.436 125.600 1.508
202212 1.632 125.900 1.710
202303 1.541 127.600 1.593
202306 1.587 130.400 1.605
202309 1.568 129.800 1.593
202312 1.685 131.900 1.685

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.


Orkla ASA  (OTCPK:ORKLY) 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.


Orkla ASA Cyclically Adjusted PS Ratio Related Terms

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


Orkla ASA (Orkla ASA) Business Description

Address
Drammensveien 149, Oslo, NOR, NO-0277
Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

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