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Skue Sparebank (OSL:SKUE) Cyclically Adjusted PS Ratio : 1.35 (As of May. 26, 2024)


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What is Skue Sparebank Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Skue Sparebank's current share price is kr235.95. Skue Sparebank's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr175.18. Skue Sparebank's Cyclically Adjusted PS Ratio for today is 1.35.

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

OSL:SKUE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 1.47   Max: 1.84
Current: 1.35

During the past years, Skue Sparebank's highest Cyclically Adjusted PS Ratio was 1.84. The lowest was 1.24. And the median was 1.47.

OSL:SKUE's Cyclically Adjusted PS Ratio is ranked better than
79.66% of 1190 companies
in the Banks industry
Industry Median: 2.39 vs OSL:SKUE: 1.35

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.

Skue Sparebank's adjusted revenue per share data for the three months ended in Mar. 2024 was kr58.326. 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 kr175.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Skue Sparebank Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Skue Sparebank'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.

Skue Sparebank Cyclically Adjusted PS Ratio Chart

Skue Sparebank 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 1.65 1.50 1.59 1.50 1.34

Skue Sparebank 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 1.44 1.30 1.30 1.34 1.34

Competitive Comparison of Skue Sparebank's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Skue Sparebank'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.


Skue Sparebank's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Skue Sparebank 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.

Skue Sparebank's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=235.95/175.18
=1.35

* 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.

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

For example, Skue Sparebank'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)
=58.326/132.6000*132.6000
=58.326

Current CPI (Mar. 2024) = 132.6000.

Skue Sparebank Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 27.965 97.500 38.032
201409 26.116 98.500 35.157
201412 22.549 98.600 30.325
201503 25.540 99.200 34.139
201506 32.177 100.100 42.624
201509 20.174 100.600 26.591
201512 25.112 100.900 33.001
201603 26.385 102.500 34.133
201606 42.264 103.800 53.990
201609 27.929 104.200 35.541
201612 28.230 104.400 35.855
201703 29.441 105.000 37.180
201706 35.819 105.800 44.892
201709 30.430 105.900 38.102
201712 30.884 106.100 38.598
201803 29.681 107.300 36.679
201806 35.963 108.500 43.951
201809 29.378 109.500 35.576
201812 30.008 109.800 36.239
201903 30.269 110.400 36.356
201906 38.689 110.600 46.385
201909 32.449 111.100 38.729
201912 32.451 111.300 38.661
202003 29.564 111.200 35.253
202006 40.351 112.100 47.730
202009 46.411 112.900 54.509
202012 33.785 112.900 39.680
202103 38.777 114.600 44.868
202106 48.073 115.300 55.286
202109 39.684 117.500 44.784
202112 44.500 118.900 49.627
202203 40.453 119.800 44.775
202206 57.803 122.600 62.518
202209 47.129 125.600 49.756
202212 51.563 125.900 54.307
202303 51.483 127.600 53.500
202306 67.080 130.400 68.212
202309 58.014 129.800 59.265
202312 58.390 131.900 58.700
202403 58.326 132.600 58.326

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.


Skue Sparebank  (OSL:SKUE) 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.


Skue Sparebank Cyclically Adjusted PS Ratio Related Terms

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


Skue Sparebank (OSL:SKUE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jordeshagen 5, Nesbyen, NOR, 3540
Skue Sparebank is a savings bank offering 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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