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Sparebank 1 Ostfold Akershus (OSL:SOAG) Cyclically Adjusted PS Ratio : 4.37 (As of Apr. 28, 2024)


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What is Sparebank 1 Ostfold Akershus Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Sparebank 1 Ostfold Akershus's current share price is kr328.00. Sparebank 1 Ostfold Akershus's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was kr75.04. Sparebank 1 Ostfold Akershus's Cyclically Adjusted PS Ratio for today is 4.37.

The historical rank and industry rank for Sparebank 1 Ostfold Akershus's Cyclically Adjusted PS Ratio or its related term are showing as below:

OSL:SOAG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.19   Med: 4.62   Max: 6.14
Current: 4.37

During the past years, Sparebank 1 Ostfold Akershus's highest Cyclically Adjusted PS Ratio was 6.14. The lowest was 4.19. And the median was 4.62.

OSL:SOAG's Cyclically Adjusted PS Ratio is ranked worse than
82.26% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs OSL:SOAG: 4.37

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.

Sparebank 1 Ostfold Akershus's adjusted revenue per share data for the three months ended in Dec. 2023 was kr29.651. 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 kr75.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sparebank 1 Ostfold Akershus Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sparebank 1 Ostfold Akershus'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.

Sparebank 1 Ostfold Akershus Cyclically Adjusted PS Ratio Chart

Sparebank 1 Ostfold Akershus 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 - 4.32 5.42 4.54 4.26

Sparebank 1 Ostfold Akershus 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 4.54 4.44 4.38 4.28 4.26

Competitive Comparison of Sparebank 1 Ostfold Akershus's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Sparebank 1 Ostfold Akershus'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.


Sparebank 1 Ostfold Akershus's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sparebank 1 Ostfold Akershus's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sparebank 1 Ostfold Akershus's Cyclically Adjusted PS Ratio falls into.



Sparebank 1 Ostfold Akershus 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.

Sparebank 1 Ostfold Akershus's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=328.00/75.04
=4.37

* 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.

Sparebank 1 Ostfold Akershus's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sparebank 1 Ostfold Akershus'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)
=29.651/131.9000*131.9000
=29.651

Current CPI (Dec. 2023) = 131.9000.

Sparebank 1 Ostfold Akershus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.545 97.300 17.006
201406 14.984 97.500 20.271
201409 16.904 98.500 22.636
201412 13.819 98.600 18.486
201503 16.200 99.200 21.540
201506 12.920 100.100 17.024
201509 9.385 100.600 12.305
201512 12.442 100.900 16.265
201603 12.689 102.500 16.329
201606 15.010 103.800 19.073
201609 14.381 104.200 18.204
201612 13.943 104.400 17.616
201703 12.467 105.000 15.661
201706 13.007 105.800 16.216
201709 13.925 105.900 17.344
201712 16.649 106.100 20.697
201803 13.043 107.300 16.033
201806 14.299 108.500 17.383
201809 14.373 109.500 17.313
201812 16.439 109.800 19.748
201903 12.896 110.400 15.407
201906 13.702 110.600 16.341
201909 13.502 111.100 16.030
201912 20.536 111.300 24.337
202003 11.709 111.200 13.889
202006 15.329 112.100 18.037
202009 14.307 112.900 16.715
202012 20.678 112.900 24.158
202103 14.328 114.600 16.491
202106 16.339 115.300 18.691
202109 15.599 117.500 17.511
202112 16.145 118.900 17.910
202203 16.812 119.800 18.510
202206 16.802 122.600 18.077
202209 15.644 125.600 16.429
202212 29.898 125.900 31.323
202303 19.499 127.600 20.156
202306 22.509 130.400 22.768
202309 20.478 129.800 20.809
202312 29.651 131.900 29.651

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.


Sparebank 1 Ostfold Akershus  (OSL:SOAG) 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.


Sparebank 1 Ostfold Akershus Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Sparebank 1 Ostfold Akershus's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sparebank 1 Ostfold Akershus (OSL:SOAG) Business Description

Traded in Other Exchanges
N/A
Address
Kongensgate 21, Moss, NOR, 1501
Sparebank 1 Ostfold Akershus is a regional savings bank operating through SpareBank 1 Corp. It offers a range of financial services including loans, savings, advice, insurance and pensions to personal and corporate customers. The Bank also offers credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

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