GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cambex Corp (OTCPK:CBEX) » Definitions » Cyclically Adjusted PS Ratio

Cambex (Cambex) Cyclically Adjusted PS Ratio : (As of May. 17, 2024)


View and export this data going back to 1989. Start your Free Trial

What is Cambex Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cambex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cambex'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.

Cambex Cyclically Adjusted PS Ratio Chart

Cambex Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Cambex Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 - - - - -

Competitive Comparison of Cambex's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Cambex'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.


Cambex's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Cambex 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.

Cambex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2007 is calculated as:

For example, Cambex's adjusted Revenue per Share data for the three months ended in Mar. 2007 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2007 (Change)*Current CPI (Mar. 2007)
=0.005/86.6402*86.6402
=0.005

Current CPI (Mar. 2007) = 86.6402.

Cambex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
199603 0.880 65.692 1.161
199606 0.710 66.113 0.930
199609 0.464 66.578 0.604
199612 0.402 66.915 0.521
199703 0.325 67.506 0.417
199712 0.000 68.054 0.000
199812 0.000 69.151 0.000
199903 0.146 69.615 0.182
199906 0.065 70.122 0.080
199909 0.091 70.839 0.111
199912 0.041 71.008 0.050
200003 0.063 72.231 0.076
200006 0.039 72.737 0.046
200009 0.067 73.286 0.079
200012 0.066 73.413 0.078
200103 0.043 74.341 0.050
200106 0.047 75.100 0.054
200109 0.051 75.227 0.059
200112 0.047 74.552 0.055
200203 0.186 75.438 0.214
200206 0.433 75.902 0.494
200209 0.186 76.366 0.211
200212 0.132 76.324 0.150
200303 0.154 77.716 0.172
200306 0.135 77.505 0.151
200309 0.112 78.138 0.124
200312 0.118 77.758 0.131
200403 0.052 79.066 0.057
200406 0.035 80.037 0.038
200409 0.047 80.121 0.051
200412 0.048 80.290 0.052
200503 0.038 81.555 0.040
200506 0.041 82.062 0.043
200509 0.020 83.876 0.021
200512 0.015 83.032 0.016
200603 0.056 84.298 0.058
200606 0.025 85.606 0.025
200609 0.011 85.606 0.011
200612 0.008 85.142 0.008
200703 0.005 86.640 0.005

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.


Cambex  (OTCPK:CBEX) 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.


Cambex Cyclically Adjusted PS Ratio Related Terms

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


Cambex (Cambex) Business Description

Industry
Traded in Other Exchanges
N/A
Address
115 Flanders Road, Westborough, MA, USA, 01581
Cambex Corp provides products and services for optimizing storage network productivity and application performance. Its products line includes storage caching appliances, server memory, fiber channel host bus adapters, and high availability software. The firm also offers SAN Optimization and Legacy Application Modernization services.

Cambex (Cambex) Headlines

No Headlines