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DNO ASA (OSL:DNO) Cyclically Adjusted PS Ratio : 1.64 (As of Jun. 12, 2024)


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What is DNO ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-12), DNO ASA's current share price is kr11.33. DNO ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr6.92. DNO ASA's Cyclically Adjusted PS Ratio for today is 1.64.

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

OSL:DNO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 2.38   Max: 7.18
Current: 1.6

During the past years, DNO ASA's highest Cyclically Adjusted PS Ratio was 7.18. The lowest was 0.77. And the median was 2.38.

OSL:DNO's Cyclically Adjusted PS Ratio is ranked worse than
65.35% of 759 companies
in the Oil & Gas industry
Industry Median: 0.88 vs OSL:DNO: 1.60

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.

DNO ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr1.987. 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 kr6.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DNO ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DNO 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.

DNO ASA Cyclically Adjusted PS Ratio Chart

DNO 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 3.25 1.70 2.14 1.91 1.49

DNO ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.59 1.44 1.61 1.49 1.41

Competitive Comparison of DNO ASA's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, DNO 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.


DNO ASA's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DNO ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DNO 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.33/6.92
=1.64

* 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.

DNO ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DNO ASA's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.987/132.6000*132.6000
=1.987

Current CPI (Mar. 2024) = 132.6000.

DNO ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.781 97.500 1.062
201409 0.728 98.500 0.980
201412 0.577 98.600 0.776
201503 0.196 99.200 0.262
201506 0.429 100.100 0.568
201509 0.400 100.600 0.527
201512 0.450 100.900 0.591
201603 0.389 102.500 0.503
201606 0.471 103.800 0.602
201609 0.372 104.200 0.473
201612 0.336 104.400 0.427
201703 0.607 105.000 0.767
201706 0.536 105.800 0.672
201709 0.532 105.900 0.666
201712 0.969 106.100 1.211
201803 1.202 107.300 1.485
201806 1.122 108.500 1.371
201809 1.346 109.500 1.630
201812 3.033 109.800 3.663
201903 1.675 110.400 2.012
201906 2.187 110.600 2.622
201909 1.955 111.100 2.333
201912 2.473 111.300 2.946
202003 2.156 111.200 2.571
202006 0.704 112.100 0.833
202009 1.531 112.900 1.798
202012 1.555 112.900 1.826
202103 1.481 114.600 1.714
202106 1.591 115.300 1.830
202109 2.250 117.500 2.539
202112 3.651 118.900 4.072
202203 3.075 119.800 3.404
202206 3.603 122.600 3.897
202209 3.577 125.600 3.776
202212 3.272 125.900 3.446
202303 2.846 127.600 2.958
202306 0.646 130.400 0.657
202309 1.551 129.800 1.584
202312 2.157 131.900 2.168
202403 1.987 132.600 1.987

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.


DNO ASA  (OSL:DNO) 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.


DNO ASA Cyclically Adjusted PS Ratio Related Terms

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


DNO ASA (OSL:DNO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DNO ASA (OSL:DNO) » Definitions » Cyclically Adjusted PS Ratio
Address
Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities.

DNO ASA (OSL:DNO) Headlines

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