GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ework Group AB (OSTO:EWRK) » Definitions » Cyclically Adjusted PS Ratio

Ework Group AB (OSTO:EWRK) Cyclically Adjusted PS Ratio : 0.18 (As of Jun. 09, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Ework Group AB Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Ework Group AB's current share price is kr141.60. Ework Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr782.07. Ework Group AB's Cyclically Adjusted PS Ratio for today is 0.18.

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

OSTO:EWRK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.21   Max: 0.42
Current: 0.19

During the past years, Ework Group AB's highest Cyclically Adjusted PS Ratio was 0.42. The lowest was 0.13. And the median was 0.21.

OSTO:EWRK's Cyclically Adjusted PS Ratio is ranked better than
87.59% of 693 companies
in the Business Services industry
Industry Median: 0.89 vs OSTO:EWRK: 0.19

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.

Ework Group AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr244.419. 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 kr782.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ework Group AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ework Group 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.

Ework Group AB Cyclically Adjusted PS Ratio Chart

Ework Group 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 0.21 0.18 0.25 0.18 0.19

Ework Group 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 0.24 0.21 0.15 0.19 0.19

Competitive Comparison of Ework Group AB's Cyclically Adjusted PS Ratio

For the Staffing & Employment Services subindustry, Ework Group 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.


Ework Group AB's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ework Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ework Group 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.

Ework Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=141.60/782.07
=0.18

* 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.

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

For example, Ework Group 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)
=244.419/132.2054*132.2054
=244.419

Current CPI (Mar. 2024) = 132.2054.

Ework Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 69.435 100.432 91.402
201409 61.347 100.161 80.974
201412 81.801 100.225 107.903
201503 85.522 99.950 113.121
201506 92.464 99.995 122.249
201509 76.928 100.228 101.472
201512 101.875 100.276 134.314
201603 98.209 100.751 128.869
201606 112.831 101.019 147.663
201609 95.685 101.138 125.078
201612 134.860 102.022 174.759
201703 138.832 102.022 179.907
201706 138.767 102.752 178.543
201709 116.893 103.279 149.633
201712 157.396 103.793 200.482
201803 152.139 103.962 193.471
201806 166.516 104.875 209.911
201809 137.463 105.679 171.968
201812 183.999 105.912 229.679
201903 181.417 105.886 226.510
201906 188.460 106.742 233.418
201909 156.706 107.214 193.234
201912 205.512 107.766 252.119
202003 197.960 106.563 245.596
202006 181.027 107.498 222.635
202009 143.075 107.635 175.735
202012 187.790 108.296 229.251
202103 183.593 108.360 223.995
202106 194.121 108.928 235.605
202109 163.284 110.338 195.644
202112 223.642 112.486 262.848
202203 227.614 114.825 262.066
202206 230.050 118.384 256.909
202209 202.006 122.296 218.374
202212 271.168 126.365 283.701
202303 263.672 127.042 274.389
202306 253.595 129.407 259.080
202309 210.554 130.224 213.758
202312 269.400 131.912 270.000
202403 244.419 132.205 244.419

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.


Ework Group AB  (OSTO:EWRK) 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.


Ework Group AB Cyclically Adjusted PS Ratio Related Terms

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


Ework Group AB (OSTO:EWRK) Business Description

Traded in Other Exchanges
Address
Master Samuelsgatan 60, Stockholm, SWE, 111 21
Ework Group AB is a market- leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Some of the company's services are to set the price index for its clients and consultants, it also offers flexible solutions that cover various industry- leading companies to small-scale businesses, at a local and global level. Ework Group has its operational footprints in Sweden, Denmark, Norway, and Finland wherein, It generates a majority of its revenue from Sweden.

Ework Group AB (OSTO:EWRK) Headlines

No Headlines