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ABL Group ASA (OSL:ABL) Cyclically Adjusted PS Ratio : 1.10 (As of Jun. 01, 2024)


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What is ABL Group ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-01), ABL Group ASA's current share price is kr12.50. ABL Group ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr11.32. ABL Group ASA's Cyclically Adjusted PS Ratio for today is 1.10.

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

OSL:ABL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.11   Max: 1.97
Current: 1.05

During the past 11 years, ABL Group ASA's highest Cyclically Adjusted PS Ratio was 1.97. The lowest was 1.01. And the median was 1.11.

OSL:ABL's Cyclically Adjusted PS Ratio is ranked worse than
55.57% of 691 companies
in the Business Services industry
Industry Median: 0.89 vs OSL:ABL: 1.05

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.

ABL Group ASA's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr21.132. 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 kr11.32 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABL Group ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ABL Group 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.

ABL Group ASA Cyclically Adjusted PS Ratio Chart

ABL Group 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 - - - 1.71 1.16

ABL Group ASA Quarterly Data
Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 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 1.71 - - - 1.16

Competitive Comparison of ABL Group ASA's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, ABL Group 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.


ABL Group ASA's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABL Group ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ABL Group 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.50/11.32
=1.10

* 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.

ABL Group ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ABL Group ASA's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=21.132/130.5000*130.5000
=21.132

Current CPI (Dec23) = 130.5000.

ABL Group ASA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 5.611 99.900 7.330
201512 8.228 100.400 10.695
201612 5.554 102.200 7.092
201712 6.123 105.000 7.610
201812 7.380 107.100 8.992
201912 7.136 108.500 8.583
202012 7.978 109.400 9.517
202112 14.240 114.700 16.202
202212 15.367 125.300 16.005
202312 21.132 130.500 21.132

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.


ABL Group ASA  (OSL:ABL) 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.


ABL Group ASA Cyclically Adjusted PS Ratio Related Terms

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


ABL Group ASA (OSL:ABL) Business Description

Traded in Other Exchanges
Address
10 Lower Thames Street, 1st Floor, Northern and Shell Building, London, GBR, EC3R 6EN
ABL Group ASA is an independent energy and marine consultant working in energy and oceans to de-risk and drive the energy transition across the renewables, maritime, and oil and gas sectors, offering its clients expertise across marine, engineering, and adjusting disciplines from more than 300 locations world wide. It has offices majorly in marine and offshore energy hubs in countries across Europe, Africa, the Americas, the Middle East, Asia, and Australia.