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Troax Group AB (OSTO:TROAX) Cyclically Adjusted PS Ratio : 6.77 (As of Jun. 10, 2024)


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What is Troax Group AB Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Troax Group AB's current share price is kr250.00. Troax Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was kr36.91. Troax Group AB's Cyclically Adjusted PS Ratio for today is 6.77.

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

OSTO:TROAX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.61   Med: 5.2   Max: 6.91
Current: 6.77

During the past years, Troax Group AB's highest Cyclically Adjusted PS Ratio was 6.91. The lowest was 3.61. And the median was 5.20.

OSTO:TROAX's Cyclically Adjusted PS Ratio is ranked worse than
92.09% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs OSTO:TROAX: 6.77

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.

Troax Group AB's adjusted revenue per share data for the three months ended in Mar. 2024 was kr13.372. 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 kr36.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Troax Group AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Troax 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.

Troax Group AB Cyclically Adjusted PS Ratio Chart

Troax 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 - - - - 5.74

Troax 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 5.26 5.06 3.65 5.74 6.67

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

For the Specialty Industrial Machinery subindustry, Troax 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.


Troax Group AB's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Troax Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Troax 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=250.00/36.91
=6.77

* 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.

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

For example, Troax 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)
=13.372/132.2054*132.2054
=13.372

Current CPI (Mar. 2024) = 132.2054.

Troax Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.120 100.432 4.107
201409 3.262 100.161 4.306
201412 3.972 100.225 5.239
201503 3.807 99.950 5.036
201506 3.942 99.995 5.212
201509 4.006 100.228 5.284
201512 4.299 100.276 5.668
201603 4.148 100.751 5.443
201606 4.401 101.019 5.760
201609 4.596 101.138 6.008
201612 5.161 102.022 6.688
201703 5.768 102.022 7.475
201706 6.435 102.752 8.280
201709 5.601 103.279 7.170
201712 6.789 103.793 8.647
201803 6.215 103.962 7.903
201806 7.043 104.875 8.878
201809 6.902 105.679 8.634
201812 7.455 105.912 9.306
201903 6.843 105.886 8.544
201906 7.495 106.742 9.283
201909 7.520 107.214 9.273
201912 7.748 107.766 9.505
202003 7.396 106.563 9.176
202006 6.273 107.498 7.715
202009 7.301 107.635 8.968
202012 7.599 108.296 9.277
202103 9.272 108.360 11.312
202106 11.381 108.928 13.813
202109 11.102 110.338 13.302
202112 11.084 112.486 13.027
202203 12.220 114.825 14.070
202206 13.772 118.384 15.380
202209 12.836 122.296 13.876
202212 12.018 126.365 12.573
202303 12.675 127.042 13.190
202306 13.320 129.407 13.608
202309 12.106 130.224 12.290
202312 12.469 131.912 12.497
202403 13.372 132.205 13.372

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.


Troax Group AB  (OSTO:TROAX) 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.


Troax Group AB Cyclically Adjusted PS Ratio Related Terms

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


Troax Group AB (OSTO:TROAX) Business Description

Traded in Other Exchanges
Address
P.O. Box 89, Hillerstorp, SWE, SE-335 04
Troax Group AB focuses on three business areas namely Property Protection; Machine Guarding and Warehouse Partitioning. It generates maximum revenue from the Machine Guarding business. The Group's net sales are divided into the following five geographical areas: The Nordic region, the UK, Continental Europe, North America, and New markets, it derives a majority of revenue from the Continental Europe region. Sales and installation mainly take place via own sales companies in Europe, the USA, and China, & via a small number of agents. Machine Guarding comprises Troax's standardised protection solutions for robot cells and automation solutions. The solutions comprise everything from individual mesh panels to complete installations of safety doors and locks equipped with circuit breakers.

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