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Vitreous Glass (Vitreous Glass) Cyclically Adjusted PS Ratio : 2.48 (As of May. 26, 2024)


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What is Vitreous Glass Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Vitreous Glass's current share price is $3.00. Vitreous Glass's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.21. Vitreous Glass's Cyclically Adjusted PS Ratio for today is 2.48.

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

VCIGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.44   Med: 2.73   Max: 4.15
Current: 3.14

During the past years, Vitreous Glass's highest Cyclically Adjusted PS Ratio was 4.15. The lowest was 1.44. And the median was 2.73.

VCIGF's Cyclically Adjusted PS Ratio is ranked worse than
78.42% of 139 companies
in the Waste Management industry
Industry Median: 1.28 vs VCIGF: 3.14

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.

Vitreous Glass's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.275. 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 $1.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vitreous Glass Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass Cyclically Adjusted PS Ratio Chart

Vitreous Glass Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 2.65 3.91 2.65 3.18

Vitreous Glass 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 2.61 3.02 3.61 3.18 3.48

Competitive Comparison of Vitreous Glass's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vitreous Glass 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.

Vitreous Glass's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.00/1.21
=2.48

* 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.

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

For example, Vitreous Glass'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)
=0.275/125.0724*125.0724
=0.275

Current CPI (Dec. 2023) = 125.0724.

Vitreous Glass Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.268 98.604 0.340
201406 0.310 99.473 0.390
201409 0.337 99.394 0.424
201412 0.283 98.367 0.360
201503 0.280 99.789 0.351
201506 0.250 100.500 0.311
201509 0.274 100.421 0.341
201512 0.268 99.947 0.335
201603 0.250 101.054 0.309
201606 0.240 102.002 0.294
201609 0.210 101.765 0.258
201612 0.236 101.449 0.291
201703 0.253 102.634 0.308
201706 0.247 103.029 0.300
201709 0.266 103.345 0.322
201712 0.271 103.345 0.328
201803 0.265 105.004 0.316
201806 0.238 105.557 0.282
201809 0.285 105.636 0.337
201812 0.281 105.399 0.333
201903 0.277 106.979 0.324
201906 0.173 107.690 0.201
201909 0.283 107.611 0.329
201912 0.304 107.769 0.353
202003 0.296 107.927 0.343
202006 0.150 108.401 0.173
202009 0.329 108.164 0.380
202012 0.417 108.559 0.480
202103 0.376 110.298 0.426
202106 0.385 111.720 0.431
202109 0.315 112.905 0.349
202112 0.267 113.774 0.294
202203 0.317 117.646 0.337
202206 0.312 120.806 0.323
202209 0.265 120.648 0.275
202212 0.331 120.964 0.342
202303 0.289 122.702 0.295
202306 0.285 124.203 0.287
202309 0.269 125.230 0.269
202312 0.275 125.072 0.275

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.


Vitreous Glass  (OTCPK:VCIGF) 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.


Vitreous Glass Cyclically Adjusted PS Ratio Related Terms

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


Vitreous Glass (Vitreous Glass) Business Description

Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.

Vitreous Glass (Vitreous Glass) Headlines

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