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Securitas AB (OSTO:SECU B) Cyclically Adjusted PS Ratio : 0.41 (As of May. 26, 2024)


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What is Securitas AB Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Securitas AB's current share price is kr115.05. Securitas AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr279.95. Securitas AB's Cyclically Adjusted PS Ratio for today is 0.41.

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

OSTO:SECU B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.55   Max: 0.77
Current: 0.41

During the past years, Securitas AB's highest Cyclically Adjusted PS Ratio was 0.77. The lowest was 0.30. And the median was 0.55.

OSTO:SECU B's Cyclically Adjusted PS Ratio is ranked better than
71.43% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs OSTO:SECU B: 0.41

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.

Securitas AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr68.526. 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 kr279.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Securitas AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Securitas 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.

Securitas AB Cyclically Adjusted PS Ratio Chart

Securitas 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 0.70 0.54 0.47 0.34 0.36

Securitas 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 0.35 0.33 0.32 0.36 0.39

Competitive Comparison of Securitas AB's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, Securitas 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.


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

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

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



Securitas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=115.05/279.95
=0.41

* 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.

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

For example, Securitas 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)
=68.526/132.2054*132.2054
=68.526

Current CPI (Mar. 2024) = 132.2054.

Securitas AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 38.995 100.432 51.332
201409 41.005 100.161 54.124
201412 43.238 100.225 57.035
201503 44.384 99.950 58.707
201506 45.270 99.995 59.852
201509 46.620 100.228 61.494
201512 47.903 100.276 63.156
201603 46.954 100.751 61.613
201606 49.010 101.019 64.140
201609 50.828 101.138 66.442
201612 54.018 102.022 70.000
201703 51.227 102.022 66.383
201706 52.458 102.752 67.495
201709 51.592 103.279 66.042
201712 54.720 103.793 69.699
201803 53.198 103.962 67.650
201806 58.004 104.875 73.120
201809 58.813 105.679 73.576
201812 61.098 105.912 76.266
201903 60.915 105.886 76.056
201906 63.058 106.742 78.101
201909 64.286 107.214 79.271
201912 64.342 107.766 78.934
202003 64.755 106.563 80.337
202006 60.508 107.498 74.415
202009 60.383 107.635 74.167
202012 60.328 108.296 73.647
202103 58.817 108.360 71.760
202106 60.391 108.928 73.297
202109 62.353 110.338 74.710
202112 63.975 112.486 75.190
202203 65.226 114.825 75.099
202206 69.644 118.384 77.775
202209 82.139 122.296 88.794
202212 68.286 126.365 71.442
202303 65.893 127.042 68.571
202306 69.659 129.407 71.166
202309 69.900 130.224 70.964
202312 69.019 131.912 69.173
202403 68.526 132.205 68.526

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.


Securitas AB  (OSTO:SECU B) 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.


Securitas AB Cyclically Adjusted PS Ratio Related Terms

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


Securitas AB (OSTO:SECU B) Business Description

Traded in Other Exchanges
Address
Lindhagensplan 70, PO Box 12307, Stockholm, SWE, SE-102 28
Securitas is an international security services, consulting, and investigation group based in Stockholm, Sweden. Its primary activities are centered on manned security, mobile security, monitoring, and risk assessment. Securitas operates in more than 50 countries and is the second-largest security firm in the world and the largest in manned guarding.

Securitas AB (OSTO:SECU B) Headlines

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