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AVANIR Pharmaceuticals (FRA:AV2B) Cyclically Adjusted PS Ratio : (As of May. 20, 2024)


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What is AVANIR Pharmaceuticals Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AVANIR Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AVANIR Pharmaceuticals'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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AVANIR Pharmaceuticals Cyclically Adjusted PS Ratio Chart

AVANIR Pharmaceuticals Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Cyclically Adjusted PS Ratio
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AVANIR Pharmaceuticals Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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Competitive Comparison of AVANIR Pharmaceuticals's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, AVANIR Pharmaceuticals'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.


AVANIR Pharmaceuticals's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, AVANIR Pharmaceuticals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AVANIR Pharmaceuticals 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.

AVANIR Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2014 is calculated as:

For example, AVANIR Pharmaceuticals's adjusted Revenue per Share data for the three months ended in Sep. 2014 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2014 (Change)*Current CPI (Sep. 2014)
=0.147/100.4278*100.4278
=0.147

Current CPI (Sep. 2014) = 100.4278.

AVANIR Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200412 0.028 80.290 0.035
200503 0.020 81.555 0.025
200506 0.102 82.062 0.125
200509 0.356 83.876 0.426
200512 0.240 83.032 0.290
200603 0.066 84.298 0.079
200606 0.059 85.606 0.069
200609 0.055 85.606 0.065
200612 0.047 85.142 0.055
200703 0.039 86.640 0.045
200706 0.131 87.906 0.150
200709 -0.169 87.964 -0.193
200712 0.033 88.616 0.037
200803 0.015 90.090 0.017
200806 0.024 92.320 0.026
200809 0.012 92.307 0.013
200812 0.017 88.697 0.019
200903 0.008 89.744 0.009
200906 0.005 91.003 0.006
200909 0.009 91.120 0.010
200912 0.012 91.111 0.013
201003 0.009 91.821 0.010
201006 0.004 91.962 0.004
201009 -0.001 92.162 -0.001
201012 0.013 92.474 0.014
201103 0.008 94.283 0.009
201106 0.014 95.235 0.015
201109 0.028 95.727 0.029
201112 0.043 95.213 0.045
201203 0.057 96.783 0.059
201206 0.062 96.819 0.064
201209 0.077 97.633 0.079
201212 0.092 96.871 0.095
201303 0.097 98.209 0.099
201306 0.103 98.518 0.105
201309 0.109 98.790 0.111
201312 0.128 98.326 0.131
201403 0.126 99.695 0.127
201406 0.127 100.560 0.127
201409 0.147 100.428 0.147

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.


AVANIR Pharmaceuticals  (FRA:AV2B) 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.


AVANIR Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms

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AVANIR Pharmaceuticals (FRA:AV2B) Business Description

Traded in Other Exchanges
N/A
Address
Avanir Pharmaceuticals was incorporated in California in August 1988 and was reincorporated in Delaware in March 2009. The Company is a biopharmaceutical company focused on acquiring, developing and commercializing novel therapeutic products for the treatment of central nervous system disorders. The Company commenced promotion of NUEDEXTA in the United States in February 2011. The Company is also studying AVP-923 for use in different types of neuropathic pain. NUEDEXTA is the first and only FDA-approved treatment for pseudobulbar affect. NUEDEXTA is an combination of two components: dextromethorphan hydrobromide, the ingredient that is harmacologically active in the central nervous system, and quinidine sulfate, a metabolic inhibitor enabling dextromethorphan to reach therapeutic plasma concentrations. The Company currently markets NUEDEXTA to approximately 10,000 physicians and other healthcare providers who specialize in psychiatry, neurology or geriatric medicine and practice in outpatient or long-term care settings. NUEDEXTA may face competition from several products: Antidepressants, including Prozac, Celexa, Zoloft, Paxil, Elavil and Pamelor and others; Atypical antipsychotic agents, including Zyprexa, Risperdal, Seroquel, Abilify, Geodon and others; and Miscellaneous agents, including Symmetrel, Lithium and others. The Company is subject to regulation under the Occupational Safety and Health Act, the Environmental Protection Act, the Toxic Substance Control Act, the Export Control Act and other present and future laws of general application.

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