Cadiz (CDZI) Cyclically Adjusted PS Ratio : 112.50 (As of Apr. 29, 2024)

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What is Cadiz Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Cadiz's current share price is $2.25. Cadiz's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.02. Cadiz's Cyclically Adjusted PS Ratio for today is 112.50.

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

CDZI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 37.63 Med: 194 Max: 482.67
Current: 91.3

During the past years, Cadiz's highest Cyclically Adjusted PS Ratio was 482.67. The lowest was 37.63. And the median was 194.00.

CDZI's Cyclically Adjusted PS Ratio is ranked worse than
100% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.27 vs CDZI: 91.30

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.

Cadiz's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.010. 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 $0.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation

Cadiz Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cadiz'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.

Cadiz Cyclically Adjusted PS Ratio Chart

Cadiz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

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277.40

354.57

162.96

101.65

113.62

Cadiz 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															101.65	164.46	159.68	134.30	113.62

Competitive Comparison of Cadiz's Cyclically Adjusted PS Ratio

For the Utilities - Regulated Water subindustry, Cadiz'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.

Cadiz's Cyclically Adjusted PS Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Cadiz's Cyclically Adjusted PS Ratio distribution charts can be found below:

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

Cadiz 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.

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

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	2.25	/	0.02
	=	112.50

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

For example, Cadiz'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)
	=	0.01	/	129.4194	*	129.4194
	=	0.010

Current CPI (Dec. 2023) = 129.4194.

Cadiz Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
201403	0.000	99.695	0.000
201406	0.001	100.560	0.001
201409	0.019	100.428	0.024
201412	0.001	99.070	0.001
201503	0.001	99.621	0.001
201506	0.002	100.684	0.003
201509	0.013	100.392	0.017
201512	0.001	99.792	0.001
201603	0.004	100.470	0.005
201606	0.006	101.688	0.008
201609	0.006	101.861	0.008
201612	0.005	101.863	0.006
201703	0.005	102.862	0.006
201706	0.005	103.349	0.006
201709	0.005	104.136	0.006
201712	0.005	104.011	0.006
201803	0.005	105.290	0.006
201806	0.005	106.317	0.006
201809	0.005	106.507	0.006
201812	0.005	105.998	0.006
201903	0.004	107.251	0.005
201906	0.004	108.070	0.005
201909	0.004	108.329	0.005
201912	0.004	108.420	0.005
202003	0.004	108.902	0.005
202006	0.004	108.767	0.005
202009	0.004	109.815	0.005
202012	0.004	109.897	0.005
202103	0.004	111.754	0.005
202106	0.004	114.631	0.005
202109	0.003	115.734	0.003
202112	0.003	117.630	0.003
202203	0.003	121.301	0.003
202206	0.004	125.017	0.004
202209	0.012	125.227	0.012
202212	0.011	125.222	0.011
202303	0.002	127.348	0.002
202306	0.012	128.729	0.012
202309	0.006	129.860	0.006
202312	0.010	129.419	0.010

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.

Cadiz (NAS:CDZI) 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.

Cadiz Cyclically Adjusted PS Ratio Related Terms

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

Cadiz (CDZI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Cadiz Inc (NAS:CDZI) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

2ZC:Germany

Address

550 South Hope Street, Suite 2850, Los Angeles, CA, USA, 90071

Website

https://www.cadizinc.com

Cadiz Inc is a land and water resource development company in California. Its primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage, and agriculture. The company focuses on the development of the Cadiz Valley Water Conservation, Recovery and Storage Project which will capture and conserve native groundwater currently being lost to evaporation from the aquifer system beneath the property of Cadiz and Fenner valleys of eastern San Bernardino County, and deliver it to water providers throughout Southern California. The company operates in two segment- Land and Water Resources and ATEC Water Systems LLC.

Executives

Susan P Kennedy	director	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Winston H Hickox	director	C/O THOMAS PROPERTIES GROUP, INC., 515 SOUTH FLOWER STREET, 6TH FLOOR, LOS ANGELES CA 90071
Maria S. Dreyfus	director	125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Scott S Slater	director, officer: Chief Executive Officer	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Heerema International Group Services Sa	10 percent owner	ROUTE DE FLORISSANT 81, GENEVE V8 1206
Kenneth T Lombard	director	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Richard Garcia Polanco	director	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Stephen E Courter	director	C/O CADIZ INC., 550 SOUTH HOPE STREET, 2850, LOS ANGELES X1 90071
Webb De Macias Carolyn D	director	304 NORTH ALMANSOR STREET, ALHAMBRA CA 91801
Maria Echaveste	director	1511 ARCH STREET, BERKELEY CA 94708
Odey Asset Management Llp	10 percent owner	18 UPPER BROOK STREET, LONDON, UNITED KINGDOM X0 W1K 7PU
Odey Holdings Ltd	10 percent owner	18 UPPER BROOK STREET, LONDON X0 W1K 7PU
Odey Robin Crispin William	10 percent owner	18 UPPER BROOK STREET, LONDON, UNITED KINGDOM X0 W1K 7PU
Odey Asset Management Group Ltd	10 percent owner	18 UPPER BROOK STREET, LONDON X0 W1K 7PU
Keith Brackpool	director, officer: Chief Executive Officer	550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071