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Bure Equity AB (OSTO:BURE) Cyclically Adjusted PS Ratio : 37.51 (As of Jun. 01, 2024)


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What is Bure Equity AB Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Bure Equity AB's current share price is kr365.00. Bure Equity AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr9.73. Bure Equity AB's Cyclically Adjusted PS Ratio for today is 37.51.

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

OSTO:BURE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 9.24   Med: 22.51   Max: 48.16
Current: 37.55

During the past years, Bure Equity AB's highest Cyclically Adjusted PS Ratio was 48.16. The lowest was 9.24. And the median was 22.51.

OSTO:BURE's Cyclically Adjusted PS Ratio is ranked worse than
95.88% of 873 companies
in the Asset Management industry
Industry Median: 7.6 vs OSTO:BURE: 37.55

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.

Bure Equity AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr0.767. 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 kr9.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bure Equity AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bure 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.

Bure Equity AB Cyclically Adjusted PS Ratio Chart

Bure 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 21.14 29.50 45.96 24.16 28.82

Bure 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 24.49 24.61 21.69 28.82 35.25

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

For the Asset Management subindustry, Bure 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.


Bure Equity AB's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bure Equity AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bure 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=365.00/9.73
=37.51

* 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.

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

For example, Bure 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)
=0.767/132.2054*132.2054
=0.767

Current CPI (Mar. 2024) = 132.2054.

Bure Equity AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.556 100.432 3.365
201409 2.716 100.161 3.585
201412 3.741 100.225 4.935
201503 1.776 99.950 2.349
201506 4.410 99.995 5.831
201509 1.571 100.228 2.072
201512 7.234 100.276 9.537
201603 1.706 100.751 2.239
201606 3.845 101.019 5.032
201609 1.487 101.138 1.944
201612 1.742 102.022 2.257
201703 1.395 102.022 1.808
201706 6.361 102.752 8.184
201709 1.408 103.279 1.802
201712 1.675 103.793 2.134
201803 1.509 103.962 1.919
201806 3.106 104.875 3.915
201809 1.295 105.679 1.620
201812 1.420 105.912 1.773
201903 9.534 105.886 11.904
201906 2.908 106.742 3.602
201909 1.298 107.214 1.601
201912 1.414 107.766 1.735
202003 0.335 106.563 0.416
202006 0.838 107.498 1.031
202009 0.040 107.635 0.049
202012 0.067 108.296 0.082
202103 1.254 108.360 1.530
202106 1.335 108.928 1.620
202109 0.081 110.338 0.097
202112 0.013 112.486 0.015
202203 1.591 114.825 1.832
202206 1.349 118.384 1.507
202209 0.081 122.296 0.088
202212 0.027 126.365 0.028
202303 0.875 127.042 0.911
202306 1.764 129.407 1.802
202309 0.094 130.224 0.095
202312 0.242 131.912 0.243
202403 0.767 132.205 0.767

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.


Bure Equity AB  (OSTO:BURE) 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.


Bure Equity AB Cyclically Adjusted PS Ratio Related Terms

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


Bure Equity AB (OSTO:BURE) Business Description

Traded in Other Exchanges
Address
Nybrogatan 6, Stockholm, SWE, SE-114 34
Bure Equity AB is a Sweden-based investment company. The foundation of the company's business model is far-reaching engagement and a strong presence in the portfolio companies. The company specializes in long-term owning, developing, as well as disposing of listed and unlisted operating entities. Bure's objectives are to be a profitable investment for shareholders and to be a competitive investment alternative in the market.

Bure Equity AB (OSTO:BURE) Headlines

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