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Norske Skog ASA (OSL:NSKOG) PS Ratio : 0.29 (As of May. 27, 2024)


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What is Norske Skog ASA PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Norske Skog ASA's share price is kr41.00. Norske Skog ASA's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was kr139.09. Hence, Norske Skog ASA's PS Ratio for today is 0.29.

Warning Sign:

Norske Skog ASA stock PS Ratio (=0.32) is close to 1-year high of 0.33

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

OSL:NSKOG' s PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.32   Max: 0.56
Current: 0.29

During the past 13 years, Norske Skog ASA's highest PS Ratio was 0.56. The lowest was 0.19. And the median was 0.32.

OSL:NSKOG's PS Ratio is ranked better than
80.9% of 288 companies
in the Forest Products industry
Industry Median: 0.725 vs OSL:NSKOG: 0.29

Norske Skog ASA's Revenue per Sharefor the three months ended in Dec. 2023 was kr43.77. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was kr139.09.

Warning Sign:

Norske Skog ASA revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Norske Skog ASA was -16.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 9.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was -1.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 11.30% per year.

During the past 13 years, Norske Skog ASA's highest 3-Year average Revenue per Share Growth Rate was 48.70% per year. The lowest was -19.30% per year. And the median was -10.70% per year.

Back to Basics: PS Ratio


Norske Skog ASA PS Ratio Historical Data

The historical data trend for Norske Skog ASA's 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.

Norske Skog ASA PS Ratio Chart

Norske Skog ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.40 0.36 0.44 0.32

Norske Skog ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.38 0.29 0.34 0.32

Competitive Comparison of Norske Skog ASA's PS Ratio

For the Paper & Paper Products subindustry, Norske Skog ASA's PS Ratio, along with its competitors' market caps and 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.


Norske Skog ASA's PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Norske Skog ASA's PS Ratio distribution charts can be found below:

* The bar in red indicates where Norske Skog ASA's PS Ratio falls into.



Norske Skog ASA PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Norske Skog ASA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=41.00/139.094
=0.29

Norske Skog ASA's Share Price of today is kr41.00.
Norske Skog ASA's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr139.09.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Norske Skog ASA  (OSL:NSKOG) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Norske Skog ASA PS Ratio Related Terms

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Norske Skog ASA (OSL:NSKOG) Business Description

Traded in Other Exchanges
Address
Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is an industrial company in publication paper, packaging paper, energy production, and bioproducts. Publication paper products comprise both newsprint and magazine paper, both of which are marketed under the NOR brand. Packaging paper includes the recycled containerboard grades test liner and fluting, which are marketed under the STRATO brand. The company's core bioproducts are the nano cellulose product CEBINA and the bio-composite product CEBICO. Norske Skog owns and operates four industrial sites in Europe, and one industrial site in Australasia.

Norske Skog ASA (OSL:NSKOG) Headlines

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