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Corin Group (LSE:CRG) Cyclically Adjusted PS Ratio : (As of Jun. 14, 2024)


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What is Corin Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Corin Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Corin Group'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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Corin Group Cyclically Adjusted PS Ratio Chart

Corin Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted PS Ratio
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Corin Group Quarterly Data
Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
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Competitive Comparison of Corin Group's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Corin Group'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.


Corin Group's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Corin Group 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.

Corin Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec11 is calculated as:

For example, Corin Group's adjusted Revenue per Share data for the fiscal year that ended in Dec11 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec11 (Change)*Current CPI (Dec11)
=1.119/95.0000*95.0000
=1.119

Current CPI (Dec11) = 95.0000.

Corin Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200212 0.616 76.300 0.767
200312 0.617 77.300 0.758
200412 0.623 78.600 0.753
200512 0.613 80.300 0.725
200612 0.668 82.600 0.768
200712 0.855 84.500 0.961
200812 0.918 87.100 1.001
200912 0.954 88.900 1.019
201012 1.003 91.700 1.039
201112 1.119 95.000 1.119

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.


Corin Group  (LSE:CRG) 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.


Corin Group Cyclically Adjusted PS Ratio Related Terms

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Corin Group (LSE:CRG) Business Description

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