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Hurtigruten ASA (OSL:HRG) Cyclically Adjusted PS Ratio : (As of Jun. 07, 2024)


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What is Hurtigruten ASA Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hurtigruten ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hurtigruten 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.

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Hurtigruten ASA Cyclically Adjusted PS Ratio Chart

Hurtigruten ASA Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PS Ratio
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Hurtigruten ASA Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of Hurtigruten ASA's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Hurtigruten 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.


Hurtigruten ASA's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Hurtigruten ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Hurtigruten 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.

Hurtigruten ASA's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec13 is calculated as:

For example, Hurtigruten ASA's adjusted Revenue per Share data for the fiscal year that ended in Dec13 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec13 (Change)*Current CPI (Dec13)
=7.871/96.6000*96.6000
=7.871

Current CPI (Dec13) = 96.6000.

Hurtigruten ASA Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200412 79.116 81.400 93.890
200512 127.480 82.900 148.547
200612 191.837 84.700 218.789
200712 112.863 87.100 125.173
200812 126.363 89.000 137.154
200912 9.741 90.800 10.363
201012 10.867 93.300 11.251
201112 7.784 93.400 8.051
201212 7.769 94.700 7.925
201312 7.871 96.600 7.871

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.


Hurtigruten ASA  (OSL:HRG) 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.


Hurtigruten ASA Cyclically Adjusted PS Ratio Related Terms

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Hurtigruten ASA (OSL:HRG) Business Description

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Hurtigruten AS is engaged in the transport & tourism activities in Norway & abroad. Its business consists of Hurtigruten service along the Norwegian coast, with daily calls in 34 ports between Bergen and Kirkenes & explorer activity in the Polar region.

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