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Ideanomics (FRA:0V50) Cyclically Adjusted PS Ratio : 0.02 (As of May. 22, 2024)


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What is Ideanomics Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Ideanomics's current share price is €3.9125. Ideanomics's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was €239.82. Ideanomics's Cyclically Adjusted PS Ratio for today is 0.02.

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

FRA:0V50' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.59   Max: 4.55
Current: 0.01

During the past years, Ideanomics's highest Cyclically Adjusted PS Ratio was 4.55. The lowest was 0.01. And the median was 0.59.

FRA:0V50's Cyclically Adjusted PS Ratio is ranked better than
99.42% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs FRA:0V50: 0.01

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.

Ideanomics's adjusted revenue per share data for the three months ended in Sep. 2023 was €0.053. 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 €239.82 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ideanomics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ideanomics'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.

Ideanomics Cyclically Adjusted PS Ratio Chart

Ideanomics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.51 1.83 1.10 0.14

Ideanomics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.24 0.14 0.09 0.06 0.02

Competitive Comparison of Ideanomics's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Ideanomics'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.


Ideanomics's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ideanomics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ideanomics 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.

Ideanomics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.9125/239.82
=0.02

* 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.

Ideanomics's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.053/129.8595*129.8595
=0.053

Current CPI (Sep. 2023) = 129.8595.

Ideanomics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.937 98.326 1.238
201403 0.787 99.695 1.025
201406 1.015 100.560 1.311
201409 2.847 100.428 3.681
201412 4.258 99.070 5.581
201503 4.974 99.621 6.484
201506 6.906 100.684 8.907
201509 2.208 100.392 2.856
201512 7.720 99.792 10.046
201603 5.816 100.470 7.517
201606 5.628 101.688 7.187
201609 4.407 101.861 5.618
201612 74.316 101.863 94.742
201703 63.802 102.862 80.548
201706 78.859 103.349 99.087
201709 51.030 104.136 63.636
201712 60.220 104.011 75.186
201803 273.670 105.290 337.533
201806 198.322 106.317 242.238
201809 63.167 106.507 77.017
201812 16.796 105.998 20.577
201903 25.642 107.251 31.047
201906 14.213 108.070 17.079
201909 2.760 108.329 3.309
201912 0.051 108.420 0.061
202003 0.271 108.902 0.323
202006 2.893 108.767 3.454
202009 4.745 109.815 5.611
202012 4.091 109.897 4.834
202103 8.037 111.754 9.339
202106 7.217 114.631 8.176
202109 5.960 115.734 6.687
202112 6.163 117.630 6.804
202203 5.794 121.301 6.203
202206 2.230 125.017 2.316
202209 2.101 125.227 2.179
202212 17.227 125.222 17.865
202303 1.687 127.348 1.720
202306 0.735 128.729 0.741
202309 0.053 129.860 0.053

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.


Ideanomics  (FRA:0V50) 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.


Ideanomics Cyclically Adjusted PS Ratio Related Terms

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


Ideanomics (FRA:0V50) Business Description

Traded in Other Exchanges
Address
1441 Broadway, Suite 5116, New York, NY, USA, 10018
Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility's focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy's focus is charging and energy-related products and services, and Ideanomics Capital's focus is providing financing support for the Company's Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.

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