GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Essity AB (OSTO:ESSITY B) » Definitions » Cyclically Adjusted PS Ratio

Essity AB (OSTO:ESSITY B) Cyclically Adjusted PS Ratio : 1.43 (As of May. 20, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Essity AB Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Essity AB's current share price is kr279.10. Essity AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr195.38. Essity AB's Cyclically Adjusted PS Ratio for today is 1.43.

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

OSTO:ESSITY B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.22   Med: 1.35   Max: 1.6
Current: 1.43

During the past 11 years, Essity AB's highest Cyclically Adjusted PS Ratio was 1.60. The lowest was 1.22. And the median was 1.35.

OSTO:ESSITY B's Cyclically Adjusted PS Ratio is ranked worse than
67.2% of 1375 companies
in the Consumer Packaged Goods industry
Industry Median: 0.81 vs OSTO:ESSITY B: 1.43

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.

Essity AB's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr209.522. 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 kr195.38 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Essity AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Essity 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.

Essity AB Cyclically Adjusted PS Ratio Chart

Essity 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 - - - 1.47 1.28

Essity 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 - - - 1.28 -

Competitive Comparison of Essity AB's Cyclically Adjusted PS Ratio

For the Household & Personal Products subindustry, Essity 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.


Essity AB's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Essity 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=279.10/195.38
=1.43

* 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.

Essity AB's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Essity AB's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=209.522/131.9118*131.9118
=209.522

Current CPI (Dec23) = 131.9118.

Essity AB Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 125.298 100.225 164.912
201512 140.281 100.276 184.538
201612 144.152 102.022 186.386
201712 155.582 103.793 197.732
201812 168.731 105.912 210.153
201912 183.647 107.766 224.795
202012 173.362 108.296 211.167
202112 144.477 112.486 169.428
202212 186.986 126.365 195.193
202312 209.522 131.912 209.522

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.


Essity AB  (OSTO:ESSITY 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.


Essity AB Cyclically Adjusted PS Ratio Related Terms

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


Essity AB (OSTO:ESSITY B) Business Description

Address
Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23
Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine-care, baby-care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for 7% of net sales in fiscal 2021. Essity operates in 150 markets and generates over 50% of its revenue in Europe, although it also maintains significant exposure to emerging markets (38% of net sales in 2021).

Essity AB (OSTO:ESSITY B) Headlines

No Headlines