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SalMar ASA (SalMar ASA) Cyclically Adjusted PS Ratio : 4.91 (As of May. 24, 2024)


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What is SalMar ASA Cyclically Adjusted PS Ratio?

As of today (2024-05-24), SalMar ASA's current share price is $15.28. SalMar ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.11. SalMar ASA's Cyclically Adjusted PS Ratio for today is 4.91.

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

SALRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.9   Med: 6.12   Max: 7.98
Current: 4.97

During the past years, SalMar ASA's highest Cyclically Adjusted PS Ratio was 7.98. The lowest was 2.90. And the median was 6.12.

SALRY's Cyclically Adjusted PS Ratio is ranked worse than
91.21% of 1377 companies
in the Consumer Packaged Goods industry
Industry Median: 0.82 vs SALRY: 4.97

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.

SalMar ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was $1.166. 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 $3.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SalMar ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SalMar 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.

* Premium members only.

SalMar ASA Cyclically Adjusted PS Ratio Chart

SalMar ASA 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 6.12 6.15 6.43 3.43 4.33

SalMar ASA 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 3.89 3.53 4.32 4.33 5.29

Competitive Comparison of SalMar ASA's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, SalMar 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.


SalMar ASA's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SalMar 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.

SalMar ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.28/3.11
=4.91

* 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.

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

For example, SalMar ASA'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)
=1.166/132.6000*132.6000
=1.166

Current CPI (Mar. 2024) = 132.6000.

SalMar ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.637 97.500 0.866
201409 0.627 98.500 0.844
201412 0.631 98.600 0.849
201503 0.446 99.200 0.596
201506 0.507 100.100 0.672
201509 0.500 100.600 0.659
201512 0.530 100.900 0.697
201603 0.525 102.500 0.679
201606 0.612 103.800 0.782
201609 0.613 104.200 0.780
201612 0.625 104.400 0.794
201703 0.634 105.000 0.801
201706 0.769 105.800 0.964
201709 0.758 105.900 0.949
201712 0.725 106.100 0.906
201803 0.722 107.300 0.892
201806 0.804 108.500 0.983
201809 0.743 109.500 0.900
201812 0.784 109.800 0.947
201903 0.762 110.400 0.915
201906 0.846 110.600 1.014
201909 0.686 111.100 0.819
201912 0.773 111.300 0.921
202003 0.783 111.200 0.934
202006 0.768 112.100 0.908
202009 0.707 112.900 0.830
202012 0.759 112.900 0.891
202103 0.826 114.600 0.956
202106 0.819 115.300 0.942
202109 0.985 117.500 1.112
202112 1.087 118.900 1.212
202203 1.125 119.800 1.245
202206 0.909 122.600 0.983
202209 1.000 125.600 1.056
202212 1.264 125.900 1.331
202303 1.226 127.600 1.274
202306 1.035 130.400 1.052
202309 1.338 129.800 1.367
202312 1.428 131.900 1.436
202403 1.166 132.600 1.166

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.


SalMar ASA  (OTCPK:SALRY) 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.


SalMar ASA Cyclically Adjusted PS Ratio Related Terms

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


SalMar ASA (SalMar ASA) Business Description

Address
Industriveien 51, Kverva, NOR, N-7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.

SalMar ASA (SalMar ASA) Headlines

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