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Orsted A/S (OCSE:ORSTED) Cyclically Adjusted PS Ratio : 2.35 (As of May. 21, 2024)


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What is Orsted A/S Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Orsted A/S's current share price is kr415.50. Orsted A/S's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was kr176.72. Orsted A/S's Cyclically Adjusted PS Ratio for today is 2.35.

The historical rank and industry rank for Orsted A/S's Cyclically Adjusted PS Ratio or its related term are showing as below:

OCSE:ORSTED' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.97   Med: 2.25   Max: 3.56
Current: 2.37

During the past 11 years, Orsted A/S's highest Cyclically Adjusted PS Ratio was 3.56. The lowest was 1.97. And the median was 2.25.

OCSE:ORSTED's Cyclically Adjusted PS Ratio is ranked worse than
59.92% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.865 vs OCSE:ORSTED: 2.37

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.

Orsted A/S's adjusted revenue per share data of for the fiscal year that ended in Dec23 was kr164.271. 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 kr176.72 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Orsted A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Orsted A/S'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.

Orsted A/S Cyclically Adjusted PS Ratio Chart

Orsted A/S 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 - - - 3.36 2.12

Orsted A/S 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 - - - 2.12 -

Competitive Comparison of Orsted A/S's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Orsted A/S'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.


Orsted A/S's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Orsted A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Orsted A/S's Cyclically Adjusted PS Ratio falls into.



Orsted A/S 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.

Orsted A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=415.50/176.72
=2.35

* 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.

Orsted A/S's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Orsted A/S'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)
=164.271/116.7000*116.7000
=164.271

Current CPI (Dec23) = 116.7000.

Orsted A/S Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 178.916 99.400 210.055
201512 158.192 99.800 184.980
201612 136.551 100.300 158.878
201712 142.020 101.300 163.610
201812 163.208 102.100 186.546
201912 141.117 102.900 160.042
202012 88.261 103.400 99.614
202112 164.468 106.600 180.051
202212 257.422 115.900 259.199
202312 164.271 116.700 164.271

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.


Orsted A/S  (OCSE:ORSTED) 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.


Orsted A/S Cyclically Adjusted PS Ratio Related Terms

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


Orsted A/S (OCSE:ORSTED) Business Description

Traded in Other Exchanges
Address
Kraftvaerksvej 53, Skaerbaek, Fredericia, DNK, DK-7000
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2022. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the U.S. Orsted also operates 4.2 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.

Orsted A/S (OCSE:ORSTED) Headlines

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