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Cypher Metaverse (XCNQ:CODE) Cyclically Adjusted PS Ratio : (As of May. 25, 2024)


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What is Cypher Metaverse Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cypher Metaverse Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cypher Metaverse'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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Cypher Metaverse Cyclically Adjusted PS Ratio Chart

Cypher Metaverse Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Cypher Metaverse Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Cypher Metaverse's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Cypher Metaverse'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.


Cypher Metaverse's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cypher Metaverse's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cypher Metaverse 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.

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

For example, Cypher Metaverse'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)
=0.002/125.0724*125.0724
=0.002

Current CPI (Dec. 2023) = 125.0724.

Cypher Metaverse Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.027 98.604 0.034
201406 0.027 99.473 0.034
201409 0.023 99.394 0.029
201412 0.027 98.367 0.034
201503 0.024 99.789 0.030
201506 0.012 100.500 0.015
201509 0.014 100.421 0.017
201512 0.027 99.947 0.034
201603 0.051 101.054 0.063
201606 0.018 102.002 0.022
201609 0.055 101.765 0.068
201612 -0.014 101.449 -0.017
201703 0.050 102.634 0.061
201706 0.003 103.029 0.004
201709 -0.001 103.345 -0.001
201712 -0.348 103.345 -0.421
201803 0.003 105.004 0.004
201806 -0.002 105.557 -0.002
201809 0.010 105.636 0.012
201812 -0.004 105.399 -0.005
201903 -0.001 106.979 -0.001
201906 0.011 107.690 0.013
201909 0.009 107.611 0.010
201912 0.080 107.769 0.093
202003 -0.008 107.927 -0.009
202006 -0.059 108.401 -0.068
202009 -0.139 108.164 -0.161
202012 -0.116 108.559 -0.134
202103 0.017 110.298 0.019
202106 0.075 111.720 0.084
202109 0.016 112.905 0.018
202112 -0.088 113.774 -0.097
202203 -0.026 117.646 -0.028
202206 -0.022 120.806 -0.023
202209 -0.003 120.648 -0.003
202212 -0.005 120.964 -0.005
202303 0.006 122.702 0.006
202306 0.000 124.203 0.000
202309 0.000 125.230 0.000
202312 0.002 125.072 0.002

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.


Cypher Metaverse  (XCNQ:CODE) 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.


Cypher Metaverse Cyclically Adjusted PS Ratio Related Terms

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Cypher Metaverse (XCNQ:CODE) Business Description

Traded in Other Exchanges
N/A
Address
1780-355 Burrard Street, Vancouver, BC, CAN, V6C 2C8
Cypher Metaverse Inc is a diversified investment company that holds cryptocurrencies and Non-Fungible Tokens. The Company is also involved in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the bitcoin blockchain. The Company receives bitcoin in return for successful service.

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