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Edap TMS (Edap TMS) Cyclically Adjusted PS Ratio : 4.01 (As of Apr. 30, 2024)


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What is Edap TMS Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Edap TMS's current share price is $7.2633. Edap TMS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.81. Edap TMS's Cyclically Adjusted PS Ratio for today is 4.01.

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

EDAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.49   Max: 7.13
Current: 4.01

During the past years, Edap TMS's highest Cyclically Adjusted PS Ratio was 7.13. The lowest was 0.42. And the median was 1.49.

EDAP's Cyclically Adjusted PS Ratio is ranked worse than
95.45% of 66 companies
in the Medical Distribution industry
Industry Median: 0.38 vs EDAP: 4.01

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.

Edap TMS's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.577. 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 $1.81 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edap TMS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Edap TMS'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.

Edap TMS Cyclically Adjusted PS Ratio Chart

Edap TMS 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 2.42 2.98 3.54 6.10 2.92

Edap TMS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.10 6.19 5.10 3.88 2.92

Competitive Comparison of Edap TMS's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Edap TMS'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.


Edap TMS's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Edap TMS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Edap TMS 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.

Edap TMS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.2633/1.81
=4.01

* 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.

Edap TMS's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Edap TMS's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.577/118.2300*118.2300
=0.577

Current CPI (Dec. 2023) = 118.2300.

Edap TMS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.448 100.240 0.528
201406 0.336 100.180 0.397
201409 0.348 99.920 0.412
201412 0.320 99.860 0.379
201503 0.270 100.170 0.319
201506 0.326 100.440 0.384
201509 0.288 99.950 0.341
201512 0.508 100.040 0.600
201603 0.360 100.020 0.426
201606 0.309 100.630 0.363
201609 0.297 100.340 0.350
201612 0.372 100.650 0.437
201703 0.307 101.170 0.359
201706 0.361 101.320 0.421
201709 0.293 101.330 0.342
201712 0.434 101.850 0.504
201803 0.385 102.750 0.443
201806 0.347 103.370 0.397
201809 1.042 103.560 1.190
201812 0.326 103.470 0.373
201903 0.386 103.890 0.439
201906 0.477 104.580 0.539
201909 0.383 104.500 0.433
201912 0.450 104.980 0.507
202003 0.289 104.590 0.327
202006 0.358 104.790 0.404
202009 0.381 104.550 0.431
202012 0.641 104.960 0.722
202103 0.404 105.750 0.452
202106 0.387 106.340 0.430
202109 0.332 106.810 0.367
202112 0.509 107.850 0.558
202203 0.421 110.490 0.450
202206 0.438 112.550 0.460
202209 0.350 112.740 0.367
202212 0.451 114.160 0.467
202303 0.429 116.790 0.434
202306 0.418 117.650 0.420
202309 0.338 118.260 0.338
202312 0.577 118.230 0.577

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.


Edap TMS  (NAS:EDAP) 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.


Edap TMS Cyclically Adjusted PS Ratio Related Terms

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


Edap TMS (Edap TMS) Business Description

Traded in Other Exchanges
Address
Parc d'Activites La Poudrette-Lamartine, 4/6, rue du Dauphine, Vaulx-en-Velin, FRA, 69120
Edap TMS SA is a holding company operating in three divisions namely, HIFU (High-Intensity Focused Ultrasound), ESWL (Extracorporeal ShockWave Lithotripsy), and Distribution. The HIFU division develops, manufactures, and markets devices for the invasive destruction of certain types of tumors using HIFU technology. It markets three HIFU devices: the Ablatherm, Ablatherm Fusion, and the Focal One. The ESWL division is engaged in the manufacturing, marketing, and servicing of its installed base of Sonolith range of lithotripters. The Distribution division markets products that are complementary to its global activity such as lasers, micro-ultrasound systems, and other medical products from third parties. Its geographical segments are Asia, France, United States, and Others.