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Nanophase Technologies (Nanophase Technologies) Cyclically Adjusted PS Ratio : 2.49 (As of Apr. 28, 2024)


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What is Nanophase Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Nanophase Technologies's current share price is $1.37. Nanophase Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.55. Nanophase Technologies's Cyclically Adjusted PS Ratio for today is 2.49.

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

NANX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.45   Max: 9.64
Current: 2.47

During the past years, Nanophase Technologies's highest Cyclically Adjusted PS Ratio was 9.64. The lowest was 0.44. And the median was 1.45.

NANX's Cyclically Adjusted PS Ratio is ranked worse than
68.74% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs NANX: 2.47

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.

Nanophase Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.161. 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 $0.55 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nanophase Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nanophase Technologies'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.

Nanophase Technologies Cyclically Adjusted PS Ratio Chart

Nanophase Technologies 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 0.66 2.03 9.65 2.23 1.08

Nanophase Technologies 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 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 2.46 2.59 1.60 1.08 -

Competitive Comparison of Nanophase Technologies's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Nanophase Technologies'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.


Nanophase Technologies's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nanophase Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nanophase Technologies 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.

Nanophase Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.37/0.55
=2.49

* 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.

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

For example, Nanophase Technologies'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)
=0.161/129.4194*129.4194
=0.161

Current CPI (Dec. 2023) = 129.4194.

Nanophase Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.091 99.695 0.118
201406 0.101 100.560 0.130
201409 0.093 100.428 0.120
201412 0.064 99.070 0.084
201503 0.081 99.621 0.105
201506 0.103 100.684 0.132
201509 0.097 100.392 0.125
201512 0.080 99.792 0.104
201603 0.074 100.470 0.095
201606 0.118 101.688 0.150
201609 0.081 101.861 0.103
201612 0.076 101.863 0.097
201703 0.112 102.862 0.141
201706 0.112 103.349 0.140
201709 0.089 104.136 0.111
201712 0.083 104.011 0.103
201803 0.086 105.290 0.106
201806 0.118 106.317 0.144
201809 0.119 106.507 0.145
201812 0.093 105.998 0.114
201903 0.111 107.251 0.134
201906 0.091 108.070 0.109
201909 0.080 108.329 0.096
201912 0.063 108.420 0.075
202003 0.106 108.902 0.126
202006 0.113 108.767 0.134
202009 0.101 109.815 0.119
202012 0.123 109.897 0.145
202103 0.178 111.754 0.206
202106 0.153 114.631 0.173
202109 0.156 115.734 0.174
202112 0.144 117.630 0.158
202203 0.160 121.301 0.171
202206 0.220 125.017 0.228
202209 0.197 125.227 0.204
202212 0.168 125.222 0.174
202303 0.191 127.348 0.194
202306 0.237 128.729 0.238
202309 0.160 129.860 0.159
202312 0.161 129.419 0.161

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.


Nanophase Technologies  (OTCPK:NANX) 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.


Nanophase Technologies Cyclically Adjusted PS Ratio Related Terms

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


Nanophase Technologies (Nanophase Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1319 Marquette Drive, Romeoville, IL, USA, 60446
Nanophase Technologies Corp is a U.S based company engaged in the production of engineered nanomaterial solutions and larger, sub-micron, materials such as personal care sunscreens, architectural coatings, industrial coating applications, and abrasion-resistant additives, plastics additives, medical diagnostics, energy. Its technologies are designed to offer nanomaterial solutions for a specific customer application across various industries. Its products include Aluminum Oxide, Antimony Tin Oxide, Bismuth Oxide, Cerium Oxide, Iron Oxide and Zinc Oxide. The firm categorizes its revenue stream into three main product categories, Personal Care Ingredients, Advanced Materials and Solesence. Substantial revenue is generated from the sale of Solesence finished products.
Executives
Jess Jankowski officer: Chief Financial Officer
R Janet Whitmore director
Bradford T Whitmore 10 percent owner 5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077
Mark E Miller director 1319 MARQUETTE DR, ROMEOVILLE IL 60446
Kevin Cureton officer: VP, Sales & Marketing & BD 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446
Strandler, Llc 10 percent owner 401 3RD STREET, #9, RAPID CITY SD 57701
Laura M Beres director 1319 MARQUETTE DR, ROMEOVILLE IL 60446
Jaime Escobar officer: Chief Financial Officer 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446
Frank Cesario officer: Chief Financial Officer C/O ISCO INTERNATIONAL INC, 451 KIGSTON COURT, MT PROSPECT IL 60056
James A Henderson director 301 WASHINGTON ST, COLUMBUS IN 47201
George A Vincent director C/O NANOPHASE TECHNOLOGIES, 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446
Spurgeon Corp 10 percent owner 407 S. THIRD STREET, SUITE 230, GENEVA IL 60134
W Edwin Tyler director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Nancy Baldwin officer: VP Human Resources & IT 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446
Patrick G Murray officer: VP Research & Development 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446