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TeraGo (TSX:TGO) Cyclically Adjusted PS Ratio : 0.58 (As of May. 24, 2024)


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What is TeraGo Cyclically Adjusted PS Ratio?

As of today (2024-05-24), TeraGo's current share price is C$2.11. TeraGo's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$3.65. TeraGo's Cyclically Adjusted PS Ratio for today is 0.58.

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

TSX:TGO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.36   Max: 3.01
Current: 0.54

During the past years, TeraGo's highest Cyclically Adjusted PS Ratio was 3.01. The lowest was 0.30. And the median was 1.36.

TSX:TGO's Cyclically Adjusted PS Ratio is ranked better than
68.33% of 300 companies
in the Telecommunication Services industry
Industry Median: 1.055 vs TSX:TGO: 0.54

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.

TeraGo's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.326. 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 C$3.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TeraGo Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TeraGo'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.

TeraGo Cyclically Adjusted PS Ratio Chart

TeraGo 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 2.10 1.54 1.33 0.72 0.41

TeraGo 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 0.81 0.52 0.40 0.41 0.44

Competitive Comparison of TeraGo's Cyclically Adjusted PS Ratio

For the Telecom Services subindustry, TeraGo'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.


TeraGo's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TeraGo's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TeraGo 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.

TeraGo's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.11/3.65
=0.58

* 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.

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

For example, TeraGo'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)
=0.326/126.2576*126.2576
=0.326

Current CPI (Mar. 2024) = 126.2576.

TeraGo Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.140 99.473 1.447
201409 1.080 99.394 1.372
201412 1.075 98.367 1.380
201503 1.043 99.789 1.320
201506 1.211 100.500 1.521
201509 1.082 100.421 1.360
201512 1.073 99.947 1.355
201603 1.056 101.054 1.319
201606 1.044 102.002 1.292
201609 1.042 101.765 1.293
201612 1.026 101.449 1.277
201703 1.001 102.634 1.231
201706 0.973 103.029 1.192
201709 0.954 103.345 1.166
201712 0.944 103.345 1.153
201803 0.955 105.004 1.148
201806 0.938 105.557 1.122
201809 0.890 105.636 1.064
201812 0.816 105.399 0.977
201903 0.786 106.979 0.928
201906 0.774 107.690 0.907
201909 0.713 107.611 0.837
201912 0.722 107.769 0.846
202003 0.698 107.927 0.817
202006 0.699 108.401 0.814
202009 0.675 108.164 0.788
202012 0.651 108.559 0.757
202103 0.646 110.298 0.739
202106 0.556 111.720 0.628
202109 0.554 112.905 0.620
202112 0.544 113.774 0.604
202203 0.403 117.646 0.433
202206 0.342 120.806 0.357
202209 0.337 120.648 0.353
202212 0.356 120.964 0.372
202303 0.330 122.702 0.340
202306 0.330 124.203 0.335
202309 0.328 125.230 0.331
202312 0.330 125.072 0.333
202403 0.326 126.258 0.326

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.


TeraGo  (TSX:TGO) 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.


TeraGo Cyclically Adjusted PS Ratio Related Terms

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


TeraGo (TSX:TGO) Business Description

Traded in Other Exchanges
Address
55 Commerce Valley Drive West, Suite 800, Thornhill, ON, CAN, L3T 7V9
TeraGo Inc provides wireless connectivity and private 5G wireless networking services to businesses operating across Canada. The company holds 2120 MHz of exclusive spectrum licenses in the 24 GHz and 38 GHz spectrum bands, which it utilizes to provide secure and reliable enterprise grade networking and connectivity services. TeraGo serves over 1,800 Canadian and Global businesses operating in major markets across Canada, including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg, and has been providing wireless services since 1999.
Executives
Daniel Vucinic Director, Senior Officer

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