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Axfood AB (OSTO:AXFO) Cyclically Adjusted PS Ratio : 0.88 (As of Jun. 09, 2024)


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What is Axfood AB Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Axfood AB's current share price is kr269.30. Axfood AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr306.10. Axfood AB's Cyclically Adjusted PS Ratio for today is 0.88.

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

OSTO:AXFO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.73   Med: 0.92   Max: 1.32
Current: 0.88

During the past years, Axfood AB's highest Cyclically Adjusted PS Ratio was 1.32. The lowest was 0.73. And the median was 0.92.

OSTO:AXFO's Cyclically Adjusted PS Ratio is ranked worse than
73.48% of 230 companies
in the Retail - Defensive industry
Industry Median: 0.395 vs OSTO:AXFO: 0.88

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.

Axfood AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr93.395. 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 kr306.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Axfood AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Axfood AB'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.

Axfood AB Cyclically Adjusted PS Ratio Chart

Axfood AB 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 1.00 0.89 1.11 1.04 0.90

Axfood AB 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 0.90 0.79 0.85 0.90 1.02

Competitive Comparison of Axfood AB's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, Axfood AB'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.


Axfood AB's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Axfood AB 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.

Axfood AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=269.30/306.1
=0.88

* 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.

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

For example, Axfood AB'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)
=93.395/132.2054*132.2054
=93.395

Current CPI (Mar. 2024) = 132.2054.

Axfood AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 46.227 100.432 60.852
201409 46.145 100.161 60.908
201412 47.143 100.225 62.186
201503 45.196 99.950 59.781
201506 49.460 99.995 65.392
201509 49.220 100.228 64.924
201512 51.147 100.276 67.433
201603 49.113 100.751 64.446
201606 51.937 101.019 67.971
201609 51.277 101.138 67.029
201612 52.419 102.022 67.928
201703 50.266 102.022 65.138
201706 56.470 102.752 72.657
201709 54.704 103.279 70.026
201712 55.874 103.793 71.169
201803 54.069 103.962 68.758
201806 57.718 104.875 72.760
201809 56.945 105.679 71.239
201812 58.444 105.912 72.953
201903 56.370 105.886 70.381
201906 61.562 106.742 76.248
201909 60.147 107.214 74.167
201912 61.609 107.766 75.581
202003 61.737 106.563 76.593
202006 63.950 107.498 78.648
202009 63.333 107.635 77.790
202012 64.416 108.296 78.638
202103 62.380 108.360 76.108
202106 65.718 108.928 79.762
202109 64.803 110.338 77.646
202112 81.298 112.486 95.550
202203 79.063 114.825 91.030
202206 86.352 118.384 96.434
202209 86.129 122.296 93.108
202212 91.029 126.365 95.236
202303 88.783 127.042 92.392
202306 95.758 129.407 97.829
202309 93.532 130.224 94.955
202312 95.779 131.912 95.992
202403 93.395 132.205 93.395

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.


Axfood AB  (OSTO:AXFO) 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.


Axfood AB Cyclically Adjusted PS Ratio Related Terms

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


Axfood AB (OSTO:AXFO) Business Description

Traded in Other Exchanges
Address
Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.

Axfood AB (OSTO:AXFO) Headlines

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