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Tandem Diabetes Care (FRA:TD5A) Cyclically Adjusted PS Ratio : 2.85 (As of May. 26, 2024)


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What is Tandem Diabetes Care Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Tandem Diabetes Care's current share price is €46.50. Tandem Diabetes Care's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €16.29. Tandem Diabetes Care's Cyclically Adjusted PS Ratio for today is 2.85.

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

FRA:TD5A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 2.25   Max: 8.81
Current: 2.87

During the past years, Tandem Diabetes Care's highest Cyclically Adjusted PS Ratio was 8.81. The lowest was 0.79. And the median was 2.25.

FRA:TD5A's Cyclically Adjusted PS Ratio is ranked worse than
56.03% of 473 companies
in the Medical Devices & Instruments industry
Industry Median: 2.26 vs FRA:TD5A: 2.87

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.

Tandem Diabetes Care's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.699. 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 €16.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tandem Diabetes Care Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tandem Diabetes Care'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.

Tandem Diabetes Care Cyclically Adjusted PS Ratio Chart

Tandem Diabetes Care 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 - - 8.81 2.46 1.66

Tandem Diabetes Care 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 2.22 1.35 1.14 1.66 1.97

Competitive Comparison of Tandem Diabetes Care's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Tandem Diabetes Care'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.


Tandem Diabetes Care's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Tandem Diabetes Care 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.

Tandem Diabetes Care's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.50/16.29
=2.85

* 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.

Tandem Diabetes Care's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Tandem Diabetes Care'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)
=2.699/131.7762*131.7762
=2.699

Current CPI (Mar. 2024) = 131.7762.

Tandem Diabetes Care Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.268 100.560 4.282
201409 4.468 100.428 5.863
201412 6.152 99.070 8.183
201503 4.457 99.621 5.896
201506 4.680 100.684 6.125
201509 4.661 100.392 6.118
201512 8.860 99.792 11.700
201603 5.947 100.470 7.800
201606 6.709 101.688 8.694
201609 3.576 101.861 4.626
201612 8.879 101.863 11.486
201703 5.564 102.862 7.128
201706 3.793 103.349 4.836
201709 4.365 104.136 5.524
201712 3.365 104.011 4.263
201803 1.229 105.290 1.538
201806 0.573 106.317 0.710
201809 0.713 106.507 0.882
201812 1.164 105.998 1.447
201903 1.011 107.251 1.242
201906 1.418 108.070 1.729
201909 1.452 108.329 1.766
201912 1.647 108.420 2.002
202003 1.483 108.902 1.795
202006 1.605 108.767 1.945
202009 1.706 109.815 2.047
202012 2.219 109.897 2.661
202103 1.897 111.754 2.237
202106 2.176 114.631 2.501
202109 2.357 115.734 2.684
202112 2.868 117.630 3.213
202203 2.500 121.301 2.716
202206 2.957 125.017 3.117
202209 3.216 125.227 3.384
202212 3.233 125.222 3.402
202303 2.451 127.348 2.536
202306 2.789 128.729 2.855
202309 2.671 129.860 2.710
202312 2.760 129.419 2.810
202403 2.699 131.776 2.699

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.


Tandem Diabetes Care  (FRA:TD5A) 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.


Tandem Diabetes Care Cyclically Adjusted PS Ratio Related Terms

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


Tandem Diabetes Care (FRA:TD5A) Business Description

Traded in Other Exchanges
Address
11075 Roselle Street, San Diego, CA, USA, 92121
Tandem Diabetes designs, manufactures, and markets durable insulin pumps for diabetes patients. The firm first entered this market in 2012 and has since introduced multiple generations of pumps leading to its current t:slim X2 device. Nearly three quarters of total revenue is derived from the U.S., with the remainder primarily from other developed nations. The pumps themselves generate just over half of total sales, and another one third is from disposable infusion sets that need to be changed over every 2 to 3 days.

Tandem Diabetes Care (FRA:TD5A) Headlines

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