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Investment AB Latour (OSTO:LATO B) Cyclically Adjusted PS Ratio : 11.36 (As of May. 24, 2024)


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What is Investment AB Latour Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Investment AB Latour's current share price is kr304.40. Investment AB Latour's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr26.80. Investment AB Latour's Cyclically Adjusted PS Ratio for today is 11.36.

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

OSTO:LATO B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.21   Med: 10.18   Max: 20.92
Current: 10.97

During the past years, Investment AB Latour's highest Cyclically Adjusted PS Ratio was 20.92. The lowest was 7.21. And the median was 10.18.

OSTO:LATO B's Cyclically Adjusted PS Ratio is ranked worse than
67.47% of 867 companies
in the Asset Management industry
Industry Median: 7.66 vs OSTO:LATO B: 10.97

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.

Investment AB Latour's adjusted revenue per share data for the three months ended in Mar. 2024 was kr9.547. 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 kr26.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Investment AB Latour Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Cyclically Adjusted PS Ratio Chart

Investment AB Latour 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 10.43 12.63 20.52 8.75 10.03

Investment AB Latour 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 9.03 8.75 7.65 10.03 10.50

Competitive Comparison of Investment AB Latour's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Investment AB Latour'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.


Investment AB Latour's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment AB Latour's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Investment AB Latour 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=304.40/26.8
=11.36

* 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.

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

For example, Investment AB Latour'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)
=9.547/132.2054*132.2054
=9.547

Current CPI (Mar. 2024) = 132.2054.

Investment AB Latour Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.030 100.432 3.989
201409 2.460 100.161 3.247
201412 2.673 100.225 3.526
201503 2.631 99.950 3.480
201506 2.806 99.995 3.710
201509 2.747 100.228 3.623
201512 5.360 100.276 7.067
201603 2.837 100.751 3.723
201606 3.401 101.019 4.451
201609 3.174 101.138 4.149
201612 3.635 102.022 4.710
201703 3.540 102.022 4.587
201706 3.960 102.752 5.095
201709 3.782 103.279 4.841
201712 4.234 103.793 5.393
201803 4.039 103.962 5.136
201806 4.716 104.875 5.945
201809 4.526 105.679 5.662
201812 5.148 105.912 6.426
201903 4.965 105.886 6.199
201906 5.562 106.742 6.889
201909 5.209 107.214 6.423
201912 6.016 107.766 7.380
202003 5.732 106.563 7.111
202006 5.620 107.498 6.912
202009 5.756 107.635 7.070
202012 6.318 108.296 7.713
202103 6.215 108.360 7.583
202106 7.520 108.928 9.127
202109 6.913 110.338 8.283
202112 8.297 112.486 9.752
202203 7.823 114.825 9.007
202206 8.669 118.384 9.681
202209 8.776 122.296 9.487
202212 9.975 126.365 10.436
202303 9.928 127.042 10.332
202306 10.294 129.407 10.517
202309 9.523 130.224 9.668
202312 10.072 131.912 10.094
202403 9.547 132.205 9.547

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.


Investment AB Latour  (OSTO:LATO B) 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.


Investment AB Latour Cyclically Adjusted PS Ratio Related Terms

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


Investment AB Latour (OSTO:LATO B) Business Description

Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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