GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Thinkpath Inc (GREY:THPHF) » Definitions » Cyclically Adjusted PS Ratio

Thinkpath (Thinkpath) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Thinkpath Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Thinkpath Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Thinkpath'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.

Thinkpath Cyclically Adjusted PS Ratio Chart

Thinkpath Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Thinkpath Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 - - - - -

Competitive Comparison of Thinkpath's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Thinkpath'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.


Thinkpath's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Thinkpath's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Thinkpath 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.

Thinkpath's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2007 is calculated as:

For example, Thinkpath's adjusted Revenue per Share data for the three months ended in Sep. 2007 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2007 (Change)*Current CPI (Sep. 2007)
=0.386/88.4119*88.4119
=0.386

Current CPI (Sep. 2007) = 88.4119.

Thinkpath Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
199712 0.000 71.425 0.000
199803 0.000 71.978 0.000
199806 0.000 72.215 0.000
199809 0.000 72.057 0.000
199812 0.000 72.136 0.000
199903 0.000 72.689 0.000
199906 0.000 73.400 0.000
199909 0.000 73.953 0.000
199912 0.000 74.032 0.000
200003 0.000 74.901 0.000
200006 0.000 75.454 0.000
200009 9,936.000 75.928 11,569.592
200012 11,697.000 76.402 13,535.622
200103 3,480.333 76.719 4,010.804
200106 3,338.333 77.983 3,784.798
200109 2,836.667 77.904 3,219.301
200112 2,566.000 76.956 2,948.002
200203 1,753.500 78.141 1,983.991
200206 701.400 78.931 785.653
200209 481.000 79.721 533.438
200212 2,519.167 79.879 2,788.275
200303 226.364 81.459 245.685
200306 61.800 80.985 67.467
200309 29.444 81.459 31.957
200312 22.264 81.538 24.141
200403 4.689 82.091 5.050
200406 4.663 83.039 4.965
200409 2.791 82.960 2.974
200412 1.146 83.276 1.217
200503 0.977 83.987 1.028
200506 0.901 84.461 0.943
200509 0.678 85.647 0.700
200512 0.611 85.015 0.635
200603 0.666 85.805 0.686
200606 0.868 86.516 0.887
200609 0.352 86.279 0.361
200612 0.330 86.437 0.338
200703 0.392 87.780 0.395
200706 0.516 88.412 0.516
200709 0.386 88.412 0.386

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.


Thinkpath  (GREY:THPHF) 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.


Thinkpath Cyclically Adjusted PS Ratio Related Terms

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


Thinkpath (Thinkpath) Business Description

Industry
Traded in Other Exchanges
N/A
Address
365 Evans Avenue, Suite 602, Toronto, ON, CAN, M8Z 1K2
Thinkpath Inc provides customized engineering solutions with a wide range of support services guaranteeing timely, efficient and cost-effective completion of projects in numerous and varied industries. The company's customized solutions include Engineering & Design Services, Technical Publishing & Documentation and On-site Engineering Support.

Thinkpath (Thinkpath) Headlines

No Headlines