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Aker BP ASA (OSL:AKRBP) Cyclically Adjusted PS Ratio : 2.14 (As of Jun. 10, 2024)


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What is Aker BP ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Aker BP ASA's current share price is kr258.80. Aker BP ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr120.88. Aker BP ASA's Cyclically Adjusted PS Ratio for today is 2.14.

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

OSL:AKRBP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.14   Med: 4.94   Max: 13.8
Current: 2.14

During the past years, Aker BP ASA's highest Cyclically Adjusted PS Ratio was 13.80. The lowest was 2.14. And the median was 4.94.

OSL:AKRBP's Cyclically Adjusted PS Ratio is ranked worse than
74.18% of 759 companies
in the Oil & Gas industry
Industry Median: 0.88 vs OSL:AKRBP: 2.14

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.

Aker BP ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was kr51.316. 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 kr120.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aker BP ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aker BP 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.

Aker BP ASA Cyclically Adjusted PS Ratio Chart

Aker BP 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 7.87 4.88 4.52 3.43 2.56

Aker BP 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 2.69 2.45 2.75 2.56 2.23

Competitive Comparison of Aker BP ASA's Cyclically Adjusted PS Ratio

For the Oil & Gas E&P subindustry, Aker BP 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.


Aker BP ASA's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker BP ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aker BP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=258.80/120.88
=2.14

* 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.

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

For example, Aker BP 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)
=51.316/132.6000*132.6000
=51.316

Current CPI (Mar. 2024) = 132.6000.

Aker BP ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.007 97.500 1.370
201409 0.655 98.500 0.882
201412 12.437 98.600 16.726
201503 12.775 99.200 17.076
201506 12.956 100.100 17.162
201509 11.470 100.600 15.119
201512 9.371 100.900 12.315
201603 8.398 102.500 10.864
201606 11.121 103.800 14.207
201609 9.999 104.200 12.724
201612 13.698 104.400 17.398
201703 16.300 105.000 20.585
201706 14.790 105.800 18.536
201709 13.944 105.900 17.460
201712 17.643 106.100 22.050
201803 20.423 107.300 25.238
201806 20.908 108.500 25.552
201809 21.691 109.500 26.267
201812 21.341 109.800 25.772
201903 20.510 110.400 24.634
201906 18.703 110.600 22.423
201909 18.045 111.100 21.537
201912 24.546 111.300 29.243
202003 22.162 111.200 26.427
202006 15.486 112.100 18.318
202009 17.196 112.900 20.197
202012 20.071 112.900 23.573
202103 26.796 114.600 31.005
202106 26.425 115.300 30.390
202109 37.546 117.500 42.371
202112 45.453 118.900 50.690
202203 55.241 119.800 61.143
202206 53.961 122.600 58.362
202209 79.117 125.600 83.526
202212 59.363 125.900 62.522
202303 54.984 127.600 57.139
202306 55.707 130.400 56.647
202309 59.194 129.800 60.471
202312 59.200 131.900 59.514
202403 51.316 132.600 51.316

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.


Aker BP ASA  (OSL:AKRBP) 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.


Aker BP ASA Cyclically Adjusted PS Ratio Related Terms

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


Aker BP ASA (OSL:AKRBP) Business Description

Industry
Address
Oksenoyveien 10, Fornebuporten, Building B, Lysaker, NOR, 1366
Aker BP ASA operates oil and gas production, development, and exploration projects on the Norwegian Continental Shelf (NCS). Its projects include Alvheim field, Ivar Aasen, Skarv, and Valhall. Revenue is derived from a short list of clients and primarily consists of liquid sales. The Alvheim field, which developed with an FPSO, contributes the most volume for the company. Fields in close proximity to Alvheim are tied to Alvheim's FPSO. From the tiebacks, oil is transported from the field with shuttle tankers, and associated gas is exported to Scotland through a gas evacuation system.

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