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Staar Surgical Co (FRA:SR3) Cyclically Adjusted PS Ratio : 9.87 (As of Jun. 06, 2024)


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What is Staar Surgical Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Staar Surgical Co's current share price is €36.73. Staar Surgical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €3.72. Staar Surgical Co's Cyclically Adjusted PS Ratio for today is 9.87.

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

FRA:SR3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.58   Med: 10.75   Max: 59.92
Current: 9.87

During the past years, Staar Surgical Co's highest Cyclically Adjusted PS Ratio was 59.92. The lowest was 2.58. And the median was 10.75.

FRA:SR3's Cyclically Adjusted PS Ratio is ranked worse than
86.79% of 477 companies
in the Medical Devices & Instruments industry
Industry Median: 2.15 vs FRA:SR3: 9.87

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.

Staar Surgical Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.455. 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 €3.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Staar Surgical Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Staar Surgical Co'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.

Staar Surgical Co Cyclically Adjusted PS Ratio Chart

Staar Surgical Co 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 15.57 32.34 31.61 14.14 7.89

Staar Surgical Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 17.88 14.06 10.36 7.89 9.30

Competitive Comparison of Staar Surgical Co's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Staar Surgical Co'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.


Staar Surgical Co's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Staar Surgical Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Staar Surgical Co 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.

Staar Surgical Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.73/3.72
=9.87

* 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.

Staar Surgical Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Staar Surgical Co's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.455/131.7762*131.7762
=1.455

Current CPI (Mar. 2024) = 131.7762.

Staar Surgical Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.387 100.560 0.507
201409 0.368 100.428 0.483
201412 0.354 99.070 0.471
201503 0.453 99.621 0.599
201506 0.426 100.684 0.558
201509 0.421 100.392 0.553
201512 0.493 99.792 0.651
201603 0.433 100.470 0.568
201606 0.464 101.688 0.601
201609 0.441 101.861 0.571
201612 0.516 101.863 0.668
201703 0.467 102.862 0.598
201706 0.477 103.349 0.608
201709 0.468 104.136 0.592
201712 0.510 104.011 0.646
201803 0.510 105.290 0.638
201806 0.660 106.317 0.818
201809 0.592 106.507 0.732
201812 0.581 105.998 0.722
201903 0.615 107.251 0.756
201906 0.751 108.070 0.916
201909 0.757 108.329 0.921
201912 0.744 108.420 0.904
202003 0.708 108.902 0.857
202006 0.689 108.767 0.835
202009 0.830 109.815 0.996
202012 0.771 109.897 0.924
202103 0.866 111.754 1.021
202106 1.046 114.631 1.202
202109 1.000 115.734 1.139
202112 1.055 117.630 1.182
202203 1.164 121.301 1.265
202206 1.559 125.017 1.643
202209 1.550 125.227 1.631
202212 1.224 125.222 1.288
202303 1.387 127.348 1.435
202306 1.721 128.729 1.762
202309 1.524 129.860 1.546
202312 1.421 129.419 1.447
202403 1.455 131.776 1.455

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.


Staar Surgical Co  (FRA:SR3) 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.


Staar Surgical Co Cyclically Adjusted PS Ratio Related Terms

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


Staar Surgical Co (FRA:SR3) Business Description

Traded in Other Exchanges
Address
25651 Atlantic Ocean Drive, Lake Forest, CA, USA, 92630
Staar Surgical Co is a manufacturer of lenses. It designs, develops, manufactures, and sells implantable lenses for the eye and delivery systems used to deliver the lenses into the eye. The company also make lenses which are used in surgery that treats cataracts. The company offers products are ICLs used in refractive surgery and IOLs used in cataract surgery. The company generated sales are from the ophthalmic surgical product segment.

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