Opal Balance Investments (XTAE:OPAL) Cyclically Adjusted PS Ratio : (As of May. 24, 2024)

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What is Opal Balance Investments Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation

Opal Balance Investments Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Opal Balance Investments'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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Opal Balance Investments Cyclically Adjusted PS Ratio Chart

Opal Balance Investments Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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1.73

Opal Balance Investments Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cyclically Adjusted PS Ratio	Get a 7-Day Free Trial															2.03	2.09	1.76	1.73	-

Competitive Comparison of Opal Balance Investments's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, Opal Balance Investments'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.

Opal Balance Investments's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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

Opal Balance Investments 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.

Opal Balance Investments's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Opal Balance Investments's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare	=	Revenue per Share	/	CPI of Mar. 2024 (Change)	*	Current CPI (Mar. 2024)
	=	0.185	/	131.7762	*	131.7762
	=	0.185

Current CPI (Mar. 2024) = 131.7762.

Opal Balance Investments Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201406	0.000	100.560	0.000
201409	0.088	100.428	0.115
201412	0.404	99.070	0.537
201503	0.090	99.621	0.119
201506	0.116	100.684	0.152
201509	0.119	100.392	0.156
201512	0.129	99.792	0.170
201603	0.207	100.470	0.271
201606	0.140	101.688	0.181
201609	0.145	101.861	0.188
201612	0.133	101.863	0.172
201703	0.139	102.862	0.178
201706	0.141	103.349	0.180
201709	0.167	104.136	0.211
201712	0.152	104.011	0.193
201803	0.174	105.290	0.218
201806	0.181	106.317	0.224
201809	0.197	106.507	0.244
201812	0.204	105.998	0.254
201903	0.196	107.251	0.241
201906	0.179	108.070	0.218
201909	0.204	108.329	0.248
201912	0.177	108.420	0.215
202003	0.179	108.902	0.217
202006	0.123	108.767	0.149
202009	0.138	109.815	0.166
202012	0.127	109.897	0.152
202103	0.138	111.754	0.163
202106	0.153	114.631	0.176
202109	0.165	115.734	0.188
202112	0.188	117.630	0.211
202203	0.193	121.301	0.210
202206	0.210	125.017	0.221
202209	0.219	125.227	0.230
202212	0.239	125.222	0.252
202303	0.230	127.348	0.238
202306	0.217	128.729	0.222
202309	0.247	129.860	0.251
202312	0.189	129.419	0.192
202403	0.185	131.776	0.185

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.

Opal Balance Investments (XTAE:OPAL) 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.

Opal Balance Investments Cyclically Adjusted PS Ratio Related Terms

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