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Scandinavian Tobacco Group A/S (OCSE:STG) Cyclically Adjusted PS Ratio : 1.12 (As of May. 26, 2024)


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What is Scandinavian Tobacco Group A/S Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Scandinavian Tobacco Group A/S's current share price is kr96.60. Scandinavian Tobacco Group A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr86.54. Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio for today is 1.12.

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

OCSE:STG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.12   Med: 1.44   Max: 1.49
Current: 1.12

During the past years, Scandinavian Tobacco Group A/S's highest Cyclically Adjusted PS Ratio was 1.49. The lowest was 1.12. And the median was 1.44.

OCSE:STG's Cyclically Adjusted PS Ratio is ranked better than
54.29% of 35 companies
in the Tobacco Products industry
Industry Median: 1.68 vs OCSE:STG: 1.12

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.

Scandinavian Tobacco Group A/S's adjusted revenue per share data for the three months ended in Mar. 2024 was kr22.821. 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 kr86.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scandinavian Tobacco Group A/S Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Scandinavian Tobacco Group 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.

Scandinavian Tobacco Group A/S Cyclically Adjusted PS Ratio Chart

Scandinavian Tobacco Group 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 - - - - 1.38

Scandinavian Tobacco Group 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 - - - 1.38 1.43

Competitive Comparison of Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio

For the Tobacco subindustry, Scandinavian Tobacco Group 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.


Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Scandinavian Tobacco Group 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.

Scandinavian Tobacco Group A/S's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=96.60/86.54
=1.12

* 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.

Scandinavian Tobacco Group A/S's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Scandinavian Tobacco Group A/S'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)
=22.821/118.4000*118.4000
=22.821

Current CPI (Mar. 2024) = 118.4000.

Scandinavian Tobacco Group A/S Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 99.000 0.000
201409 0.000 99.700 0.000
201412 16.302 99.400 19.418
201503 14.965 100.200 17.683
201506 17.818 100.300 21.033
201509 17.484 100.200 20.660
201512 18.045 99.800 21.408
201603 15.200 100.200 17.961
201606 17.165 100.600 20.202
201609 17.145 100.200 20.259
201612 17.959 100.300 21.200
201703 12.939 101.200 15.138
201706 17.084 101.200 19.988
201709 16.917 101.800 19.676
201712 16.542 101.300 19.334
201803 13.158 101.700 15.319
201806 18.205 102.300 21.070
201809 18.761 102.400 21.692
201812 18.282 102.100 21.201
201903 14.195 102.900 16.333
201906 17.414 102.900 20.037
201909 17.902 102.900 20.599
201912 16.948 102.900 19.501
202003 16.963 103.300 19.443
202006 20.659 103.200 23.702
202009 22.589 103.500 25.841
202012 19.441 103.400 22.261
202103 19.338 104.300 21.952
202106 22.360 105.000 25.214
202109 22.782 105.800 25.495
202112 21.385 106.600 23.752
202203 20.917 109.900 22.535
202206 24.989 113.600 26.045
202209 26.003 116.400 26.450
202212 24.520 115.900 25.049
202303 22.606 117.300 22.818
202306 25.657 116.400 26.098
202309 25.854 117.400 26.074
202312 26.445 116.700 26.830
202403 22.821 118.400 22.821

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.


Scandinavian Tobacco Group A/S  (OCSE:STG) 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.


Scandinavian Tobacco Group A/S Cyclically Adjusted PS Ratio Related Terms

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


Scandinavian Tobacco Group A/S (OCSE:STG) Business Description

Traded in Other Exchanges
Address
Sandtoften 9, Gentofte, DNK, 2820
Scandinavian Tobacco Group offers cigars, pipe tobacco, and accessories in North America, Europe, and Australia. It operates in three segments: North America online and retail, which primarily sells handmade cigars and accessories in stores and online; North America branded and the Rest of the World, which provides its products to wholesalers and distributors; Europe Branded comprises sale of all product categories to wholesalers, distributors and direct to retail in Germany, Denmark, Sweden, France, Italy, Belgium, the Netherlands, Luxembourg, Spain, Portugal, the UK, and Ireland. The largest portion of the firm's revenue comes from the Europe branded segment.