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SalMar ASA (STU:JEPA) Cyclically Adjusted PS Ratio : 4.60 (As of Jun. 09, 2024)


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What is SalMar ASA Cyclically Adjusted PS Ratio?

As of today (2024-06-09), SalMar ASA's current share price is €12.20. SalMar ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.65. SalMar ASA's Cyclically Adjusted PS Ratio for today is 4.60.

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

STU:JEPA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.9   Med: 6.1   Max: 7.98
Current: 4.44

During the past years, SalMar ASA's highest Cyclically Adjusted PS Ratio was 7.98. The lowest was 2.90. And the median was 6.10.

STU:JEPA's Cyclically Adjusted PS Ratio is ranked worse than
90.84% of 1386 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs STU:JEPA: 4.44

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.

SalMar ASA's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.073. 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 €2.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SalMar ASA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SalMar ASA'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.

SalMar ASA Cyclically Adjusted PS Ratio Chart

SalMar ASA 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 6.12 6.15 6.43 3.43 4.33

SalMar ASA 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 3.89 3.53 4.32 4.33 5.29

Competitive Comparison of SalMar ASA's Cyclically Adjusted PS Ratio

For the Farm Products subindustry, SalMar ASA'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.


SalMar ASA's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, SalMar ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SalMar ASA 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.

SalMar ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.20/2.65
=4.60

* 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.

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

For example, SalMar ASA'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)
=1.073/132.6000*132.6000
=1.073

Current CPI (Mar. 2024) = 132.6000.

SalMar ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.469 97.500 0.638
201409 0.487 98.500 0.656
201412 0.511 98.600 0.687
201503 0.412 99.200 0.551
201506 0.452 100.100 0.599
201509 0.446 100.600 0.588
201512 0.487 100.900 0.640
201603 0.472 102.500 0.611
201606 0.545 103.800 0.696
201609 0.546 104.200 0.695
201612 0.593 104.400 0.753
201703 0.593 105.000 0.749
201706 0.685 105.800 0.859
201709 0.636 105.900 0.796
201712 0.613 106.100 0.766
201803 0.585 107.300 0.723
201806 0.688 108.500 0.841
201809 0.637 109.500 0.771
201812 0.689 109.800 0.832
201903 0.675 110.400 0.811
201906 0.748 110.600 0.897
201909 0.623 111.100 0.744
201912 0.696 111.300 0.829
202003 0.709 111.200 0.845
202006 0.682 112.100 0.807
202009 0.600 112.900 0.705
202012 0.624 112.900 0.733
202103 0.694 114.600 0.803
202106 0.680 115.300 0.782
202109 0.837 117.500 0.945
202112 0.962 118.900 1.073
202203 1.021 119.800 1.130
202206 0.860 122.600 0.930
202209 1.010 125.600 1.066
202212 1.194 125.900 1.258
202303 1.145 127.600 1.190
202306 0.955 130.400 0.971
202309 1.253 129.800 1.280
202312 1.310 131.900 1.317
202403 1.073 132.600 1.073

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.


SalMar ASA  (STU:JEPA) 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.


SalMar ASA Cyclically Adjusted PS Ratio Related Terms

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


SalMar ASA (STU:JEPA) Business Description

Address
Industriveien 51, Kverva, NOR, N-7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make it more convenient for customers. The salmon are sold through an in-house salesforce and through close partners of the company. Proximity to customers and tracking the use of resources plays a factor in delivering the raw material. Customers include importers, exporters, and larger processing companies and retail chains.

SalMar ASA (STU:JEPA) Headlines

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