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Ceapro (TSXV:CZO) Cyclically Adjusted PS Ratio : 1.35 (As of May. 24, 2024)


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What is Ceapro Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Ceapro's current share price is C$0.27. Ceapro's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.20. Ceapro's Cyclically Adjusted PS Ratio for today is 1.35.

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

TSXV:CZO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 3.25   Max: 19
Current: 1.32

During the past years, Ceapro's highest Cyclically Adjusted PS Ratio was 19.00. The lowest was 0.44. And the median was 3.25.

TSXV:CZO's Cyclically Adjusted PS Ratio is ranked better than
82.61% of 506 companies
in the Biotechnology industry
Industry Median: 5.675 vs TSXV:CZO: 1.32

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.

Ceapro's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.021. 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$0.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ceapro Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ceapro'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.

Ceapro Cyclically Adjusted PS Ratio Chart

Ceapro 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 2.14 4.19 3.48 2.95 0.93

Ceapro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.95 3.20 2.09 1.79 0.93

Competitive Comparison of Ceapro's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Ceapro'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.


Ceapro's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Ceapro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ceapro 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.27/0.2
=1.35

* 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.

Ceapro's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ceapro's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.021/125.0724*125.0724
=0.021

Current CPI (Dec. 2023) = 125.0724.

Ceapro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.032 98.604 0.041
201406 0.040 99.473 0.050
201409 0.039 99.394 0.049
201412 0.032 98.367 0.041
201503 0.028 99.789 0.035
201506 0.037 100.500 0.046
201509 0.048 100.421 0.060
201512 0.053 99.947 0.066
201603 0.062 101.054 0.077
201606 0.063 102.002 0.077
201609 0.039 101.765 0.048
201612 0.032 101.449 0.039
201703 0.041 102.634 0.050
201706 0.041 103.029 0.050
201709 0.047 103.345 0.057
201712 0.039 103.345 0.047
201803 0.030 105.004 0.036
201806 0.036 105.557 0.043
201809 0.028 105.636 0.033
201812 0.058 105.399 0.069
201903 0.041 106.979 0.048
201906 0.040 107.690 0.046
201909 0.038 107.611 0.044
201912 0.048 107.769 0.056
202003 0.055 107.927 0.064
202006 0.060 108.401 0.069
202009 0.044 108.164 0.051
202012 0.034 108.559 0.039
202103 0.060 110.298 0.068
202106 0.056 111.720 0.063
202109 0.057 112.905 0.063
202112 0.046 113.774 0.051
202203 0.079 117.646 0.084
202206 0.070 120.806 0.072
202209 0.049 120.648 0.051
202212 0.042 120.964 0.043
202303 0.045 122.702 0.046
202306 0.024 124.203 0.024
202309 0.033 125.230 0.033
202312 0.021 125.072 0.021

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.


Ceapro  (TSXV:CZO) 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.


Ceapro Cyclically Adjusted PS Ratio Related Terms

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


Ceapro (TSXV:CZO) Business Description

Industry
Traded in Other Exchanges
Address
7824-51 Avenue NW, Edmonton, AB, CAN, T6E 6W2
Ceapro Inc is engaged in the development and marketing of various health and wellness products and technology relating to plant extracts. Its operating segment is the active ingredient product technology industry which involves the development of proprietary extraction technologies and the application of these technologies to the production and development and commercialization of active ingredients derived from oats and other renewable plant resources for healthcare and cosmetic industries. Active ingredients produced include oat beta glucan and avenanthramides. The group derives revenue from the U.S., Germany, China, Canada and other countries, of which prime revenue is generated from the U.S.

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