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Ultrapay Limited (ASX:ULT) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is Ultrapay Limited Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultrapay Limited Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ultrapay Limited'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.

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Ultrapay Limited Cyclically Adjusted PS Ratio Chart

Ultrapay Limited Annual Data
Trend Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Cyclically Adjusted PS Ratio
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Ultrapay Limited Semi-Annual Data
Dec96 Jun97 Dec98 Jun99 Dec99 Jun00 Dec00 Jun01 Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06
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Competitive Comparison of Ultrapay Limited's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Ultrapay Limited'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.


Ultrapay Limited's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ultrapay Limited's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ultrapay Limited 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.

Ultrapay Limited's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun06 is calculated as:

For example, Ultrapay Limited's adjusted Revenue per Share data for the fiscal year that ended in Jun06 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun06 (Change)*Current CPI (Jun06)
=0.01/79.7771*79.7771
=0.010

Current CPI (Jun06) = 79.7771.

Ultrapay Limited Annual Data

Revenue per Share CPI Adj_RevenuePerShare
199706 0.372 62.131 0.478
199806 0.802 62.596 1.022
199906 0.224 63.246 0.283
200006 0.217 65.196 0.266
200106 0.505 69.190 0.582
200206 0.420 71.140 0.471
200306 0.421 72.997 0.460
200406 0.181 74.855 0.193
200506 0.089 76.712 0.093
200606 0.010 79.777 0.010

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.


Ultrapay Limited  (ASX:ULT) 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.


Ultrapay Limited Cyclically Adjusted PS Ratio Related Terms

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Ultrapay Limited (ASX:ULT) Business Description

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