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TagMaster AB (OSTO:TAGM B) Cyclically Adjusted PS Ratio : 0.84 (As of Jun. 02, 2024)


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What is TagMaster AB Cyclically Adjusted PS Ratio?

As of today (2024-06-02), TagMaster AB's current share price is kr20.40. TagMaster AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr24.26. TagMaster AB's Cyclically Adjusted PS Ratio for today is 0.84.

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

OSTO:TAGM B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.25   Max: 3.28
Current: 0.84

During the past years, TagMaster AB's highest Cyclically Adjusted PS Ratio was 3.28. The lowest was 0.50. And the median was 1.25.

OSTO:TAGM B's Cyclically Adjusted PS Ratio is ranked better than
57.43% of 1919 companies
in the Hardware industry
Industry Median: 1.07 vs OSTO:TAGM B: 0.84

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.

TagMaster AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr6.778. 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 kr24.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TagMaster AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TagMaster 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.

TagMaster AB Cyclically Adjusted PS Ratio Chart

TagMaster 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 1.34 1.60 1.43 0.52 0.98

TagMaster 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 0.66 0.62 0.79 0.98 0.83

Competitive Comparison of TagMaster AB's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, TagMaster 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.


TagMaster AB's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TagMaster AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TagMaster 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=20.40/24.26
=0.84

* 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.

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

For example, TagMaster 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)
=6.778/132.2054*132.2054
=6.778

Current CPI (Mar. 2024) = 132.2054.

TagMaster AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.191 100.432 4.201
201409 1.648 100.161 2.175
201412 3.191 100.225 4.209
201503 3.746 99.950 4.955
201506 2.113 99.995 2.794
201509 2.282 100.228 3.010
201512 2.855 100.276 3.764
201603 3.079 100.751 4.040
201606 2.772 101.019 3.628
201609 3.847 101.138 5.029
201612 5.387 102.022 6.981
201703 5.656 102.022 7.329
201706 5.659 102.752 7.281
201709 5.039 103.279 6.450
201712 6.481 103.793 8.255
201803 6.386 103.962 8.121
201806 5.684 104.875 7.165
201809 4.910 105.679 6.142
201812 4.937 105.912 6.163
201903 5.403 105.886 6.746
201906 5.567 106.742 6.895
201909 5.688 107.214 7.014
201912 6.208 107.766 7.616
202003 5.435 106.563 6.743
202006 4.838 107.498 5.950
202009 4.931 107.635 6.057
202012 4.384 108.296 5.352
202103 5.080 108.360 6.198
202106 6.554 108.928 7.955
202109 5.511 110.338 6.603
202112 5.194 112.486 6.105
202203 5.541 114.825 6.380
202206 6.046 118.384 6.752
202209 5.963 122.296 6.446
202212 7.020 126.365 7.344
202303 6.485 127.042 6.749
202306 6.788 129.407 6.935
202309 5.983 130.224 6.074
202312 8.179 131.912 8.197
202403 6.778 132.205 6.778

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.


TagMaster AB  (OSTO:TAGM 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.


TagMaster AB Cyclically Adjusted PS Ratio Related Terms

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


TagMaster AB (OSTO:TAGM B) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Kronborgsgrand 11, Kista, SWE, 164 46
TagMaster AB is engaged in technology business sector. The company develops and sells advanced sensor systems and solutions based on radio, radar and camera technologies. The company's products are used in the areas of parking, traffic situations, electronic toll systems, and public transport. The company operates through various business segments that are Traffic and Rail. The Traffic segment generates maximum revenue for the company. Geographically, the company offers its services to the America's, EMEA and Asia Pacific.

TagMaster AB (OSTO:TAGM B) Headlines

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