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VirnetX Holding (VirnetX Holding) Cyclically Adjusted PS Ratio : (As of May. 01, 2024)


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What is VirnetX Holding Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


VirnetX Holding Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VirnetX Holding'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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VirnetX Holding Cyclically Adjusted PS Ratio Chart

VirnetX Holding 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 199.47 10.46 5.32 2.57 -

VirnetX Holding 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 2.57 2.55 0.89 0.49 -

Competitive Comparison of VirnetX Holding's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, VirnetX Holding'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.


VirnetX Holding's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, VirnetX Holding's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



VirnetX Holding 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.

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

For example, VirnetX Holding'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)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

VirnetX Holding Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.098 99.695 0.127
201406 0.104 100.560 0.134
201409 0.113 100.428 0.146
201412 0.169 99.070 0.221
201503 0.144 99.621 0.187
201506 0.153 100.684 0.197
201509 0.143 100.392 0.184
201512 0.153 99.792 0.198
201603 0.139 100.470 0.179
201606 0.143 101.688 0.182
201609 0.132 101.861 0.168
201612 0.140 101.863 0.178
201703 0.129 102.862 0.162
201706 0.136 103.349 0.170
201709 0.129 104.136 0.160
201712 0.136 104.011 0.169
201803 0.002 105.290 0.002
201806 0.005 106.317 0.006
201809 0.002 106.507 0.002
201812 0.010 105.998 0.012
201903 0.002 107.251 0.002
201906 0.011 108.070 0.013
201909 0.001 108.329 0.001
201912 0.010 108.420 0.012
202003 84.779 108.902 100.752
202006 0.005 108.767 0.006
202009 0.007 109.815 0.008
202012 0.004 109.897 0.005
202103 0.001 111.754 0.001
202106 0.004 114.631 0.005
202109 0.001 115.734 0.001
202112 0.003 117.630 0.003
202203 0.001 121.301 0.001
202206 0.010 125.017 0.010
202209 0.001 125.227 0.001
202212 0.001 125.222 0.001
202303 0.001 127.348 0.001
202306 0.001 128.729 0.001
202309 0.001 129.860 0.001
202312 0.000 129.419 0.000

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.


VirnetX Holding  (NYSE:VHC) 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.


VirnetX Holding Cyclically Adjusted PS Ratio Related Terms

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VirnetX Holding (VirnetX Holding) Business Description

Industry
Traded in Other Exchanges
N/A
Address
308 Dorla Court, Suite 206, Zephyr Cove, NV, USA, 89448
VirnetX Holding Corp is engaged in the business of commercializing a portfolio of patents. It is an Internet security software and technology company with patented technology for secure communications including 4G LTE security. The company GABRIEL connection technology, are designed to facilitate secure communications and provide the security platform required by next-generation Internet-based applications such as instant messaging, voice over Internet protocol, mobile services, streaming video, file transfer, remote desktop, and Machine-to-Machine communications. The firm sells its products in various market segments, including, healthcare, finance, and government.
Executives
Kendall Larsen director, 10 percent owner, officer: President & CEO 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Michael F Angelo director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Thomas M O'brien director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Katherine Allanson officer: Chief Financial Officer 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Richard H Nance officer: Chief Financial Officer 825 BUCKLEY ROAD, SAN LUIS OBISPO CA 93401
Short Robert D Iii director 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Gary Feiner director C/O 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Scott C Taylor director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
William E Sliney officer: Chief Financial Officer 5615 SCOTTS VALLEY DR. #110, SCOTTS VALLEY CA 95066
Edmund C Munger director 5615 SCOTTS VALLEY DRIVE, SUITE 110, SCOTTS VALLEY CA 95066
Virnetx Holding Corp director, officer: Chief Financial Officer 308 DORLA COURT, SUITE 206, ZEPHYR COVE NV 89448
Wayne T Grau director 9453 ALCOSTA BLVD, SAN RAHON CA 94583-3920
Glenn P Russell director, 10 percent owner, officer: CEO 5440 FAIRVIEW PL, AGUORA HILLS CA 91301