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ALM Equity AB (OSTO:ALM) Cyclically Adjusted PS Ratio : 0.63 (As of Jun. 03, 2024)


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What is ALM Equity AB Cyclically Adjusted PS Ratio?

As of today (2024-06-03), ALM Equity AB's current share price is kr206.00. ALM Equity AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr328.33. ALM Equity AB's Cyclically Adjusted PS Ratio for today is 0.63.

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

OSTO:ALM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.02   Max: 5.95
Current: 0.63

During the past years, ALM Equity AB's highest Cyclically Adjusted PS Ratio was 5.95. The lowest was 0.60. And the median was 2.02.

OSTO:ALM's Cyclically Adjusted PS Ratio is ranked better than
74.54% of 1371 companies
in the Real Estate industry
Industry Median: 1.72 vs OSTO:ALM: 0.63

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.

ALM Equity AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr21.903. 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 kr328.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ALM Equity AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ALM Equity 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.

ALM Equity AB Cyclically Adjusted PS Ratio Chart

ALM Equity 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 2.15 4.33 4.71 1.76 0.85

ALM Equity 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 1.64 1.38 1.16 0.85 0.82

Competitive Comparison of ALM Equity AB's Cyclically Adjusted PS Ratio

For the Real Estate - Diversified subindustry, ALM Equity 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.


ALM Equity AB's Cyclically Adjusted PS Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, ALM Equity AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



ALM Equity 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=206.00/328.33
=0.63

* 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.

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

For example, ALM Equity AB'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)
=21.903/132.2054*132.2054
=21.903

Current CPI (Mar. 2024) = 132.2054.

ALM Equity AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.298 100.432 28.036
201409 29.039 100.161 38.329
201412 16.071 100.225 21.199
201503 18.810 99.950 24.880
201506 20.402 99.995 26.974
201509 29.006 100.228 38.260
201512 97.152 100.276 128.087
201603 8.676 100.751 11.385
201606 17.191 101.019 22.498
201609 46.009 101.138 60.142
201612 70.529 102.022 91.396
201703 62.226 102.022 80.636
201706 27.987 102.752 36.009
201709 62.727 103.279 80.296
201712 176.965 103.793 225.408
201803 62.925 103.962 80.020
201806 67.553 104.875 85.158
201809 70.409 105.679 88.082
201812 74.987 105.912 93.603
201903 22.649 105.886 28.279
201906 61.152 106.742 75.740
201909 34.466 107.214 42.500
201912 86.838 107.766 106.531
202003 40.606 106.563 50.377
202006 27.532 107.498 33.860
202009 20.961 107.635 25.746
202012 89.872 108.296 109.714
202103 16.848 108.360 20.556
202106 73.209 108.928 88.854
202109 57.482 110.338 68.874
202112 349.671 112.486 410.971
202203 83.575 114.825 96.225
202206 414.650 118.384 463.062
202209 36.777 122.296 39.757
202212 110.051 126.365 115.137
202303 24.825 127.042 25.834
202306 125.712 129.407 128.431
202309 12.211 130.224 12.397
202312 58.070 131.912 58.199
202403 21.903 132.205 21.903

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.


ALM Equity AB  (OSTO:ALM) 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.


ALM Equity AB Cyclically Adjusted PS Ratio Related Terms

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


ALM Equity AB (OSTO:ALM) Business Description

Industry
Traded in Other Exchanges
Address
Regeringsgatan 59, Stockholm, SWE, 111 56
ALM Equity AB is a real estate development company. The company is engaged in residential development projects, construction management, financing solutions and digital services.

ALM Equity AB (OSTO:ALM) Headlines

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