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Medicalgorithmics (WAR:MDG) Cyclically Adjusted PS Ratio : 0.67 (As of Jun. 09, 2024)


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What is Medicalgorithmics Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Medicalgorithmics's current share price is zł26.16. Medicalgorithmics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was zł38.99. Medicalgorithmics's Cyclically Adjusted PS Ratio for today is 0.67.

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

WAR:MDG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.6   Max: 1.15
Current: 0.67

During the past years, Medicalgorithmics's highest Cyclically Adjusted PS Ratio was 1.15. The lowest was 0.17. And the median was 0.60.

WAR:MDG's Cyclically Adjusted PS Ratio is ranked better than
80.92% of 477 companies
in the Medical Devices & Instruments industry
Industry Median: 2.17 vs WAR:MDG: 0.67

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.

Medicalgorithmics's adjusted revenue per share data for the three months ended in Dec. 2023 was zł1.260. 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 zł38.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Medicalgorithmics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Medicalgorithmics'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.

Medicalgorithmics Cyclically Adjusted PS Ratio Chart

Medicalgorithmics 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 - - 0.61 0.33 0.78

Medicalgorithmics 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 0.33 0.43 0.60 0.77 0.78

Competitive Comparison of Medicalgorithmics's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Medicalgorithmics'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.


Medicalgorithmics's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Medicalgorithmics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Medicalgorithmics 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.16/38.99
=0.67

* 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.

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

For example, Medicalgorithmics'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)
=1.26/147.7411*147.7411
=1.260

Current CPI (Dec. 2023) = 147.7411.

Medicalgorithmics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.736 101.262 2.533
201406 1.913 101.180 2.793
201409 2.425 100.611 3.561
201412 2.519 100.122 3.717
201503 3.163 100.041 4.671
201506 3.562 100.448 5.239
201509 3.555 99.634 5.272
201512 3.992 99.471 5.929
201603 4.261 98.983 6.360
201606 9.610 99.552 14.262
201609 9.951 99.064 14.841
201612 9.622 100.366 14.164
201703 11.490 101.018 16.804
201706 16.812 101.180 24.548
201709 13.923 101.343 20.297
201712 14.003 102.564 20.171
201803 12.335 102.564 17.768
201806 13.744 103.378 19.642
201809 13.465 103.378 19.243
201812 15.782 103.785 22.466
201903 13.500 104.274 19.128
201906 12.629 105.983 17.605
201909 11.687 105.983 16.292
201912 10.429 107.123 14.383
202003 10.001 109.076 13.546
202006 6.389 109.402 8.628
202009 5.828 109.320 7.876
202012 6.346 109.565 8.557
202103 7.247 112.658 9.504
202106 5.094 113.960 6.604
202109 2.656 115.588 3.395
202112 2.532 119.088 3.141
202203 2.596 125.031 3.068
202206 2.769 131.705 3.106
202209 3.503 135.531 3.819
202212 2.357 139.113 2.503
202303 1.134 145.950 1.148
202306 0.938 147.009 0.943
202309 1.075 146.113 1.087
202312 1.260 147.741 1.260

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.


Medicalgorithmics  (WAR:MDG) 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.


Medicalgorithmics Cyclically Adjusted PS Ratio Related Terms

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


Medicalgorithmics (WAR:MDG) Business Description

Traded in Other Exchanges
N/A
Address
Ul. Zurawia 22, Warsaw, POL, 00-515
Medicalgorithmics SA is a medical technology company. It is engaged in the development of Digital Signal Processing (DSP) algorithms development and software and hardware electronics design for medical applications.

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