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ALXXF (Avante) Cyclically Adjusted PS Ratio : 1.09 (As of May. 30, 2025)


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What is Avante Cyclically Adjusted PS Ratio?

As of today (2025-05-30), Avante's current share price is $0.634. Avante's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was $0.58. Avante's Cyclically Adjusted PS Ratio for today is 1.09.

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

ALXXF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.13   Max: 2.8
Current: 0.6

During the past years, Avante's highest Cyclically Adjusted PS Ratio was 2.80. The lowest was 0.45. And the median was 1.13.

ALXXF's Cyclically Adjusted PS Ratio is ranked better than
60% of 620 companies
in the Business Services industry
Industry Median: 0.885 vs ALXXF: 0.60

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.

Avante's adjusted revenue per share data for the three months ended in Dec. 2024 was $0.222. 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 $0.58 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avante Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Avante'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.

Avante Cyclically Adjusted PS Ratio Chart

Avante Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 1.30 0.74 0.74 0.66

Avante Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.56 0.66 0.50 0.59 0.88

Competitive Comparison of Avante's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, Avante'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.


Avante's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avante's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Avante 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.634/0.58
=1.09

* 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.

Avante's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Avante's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.222/127.3637*127.3637
=0.222

Current CPI (Dec. 2024) = 127.3637.

Avante Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.146 99.789 0.186
201506 0.164 100.500 0.208
201509 0.162 100.421 0.205
201512 0.169 99.947 0.215
201603 0.179 101.054 0.226
201606 0.224 102.002 0.280
201609 0.233 101.765 0.292
201612 0.265 101.449 0.333
201703 0.247 102.634 0.307
201706 0.248 103.029 0.307
201709 0.277 103.345 0.341
201712 0.288 103.345 0.355
201803 0.303 105.004 0.368
201806 0.247 105.557 0.298
201809 0.237 105.636 0.286
201812 0.345 105.399 0.417
201903 0.382 106.979 0.455
201906 0.409 107.690 0.484
201909 0.364 107.611 0.431
201912 0.453 107.769 0.535
202003 0.576 107.927 0.680
202006 0.634 108.401 0.745
202009 0.842 108.164 0.991
202012 0.929 108.559 1.090
202103 -1.872 110.298 -2.162
202106 0.156 111.720 0.178
202109 0.165 112.905 0.186
202112 0.175 113.774 0.196
202203 0.164 117.646 0.178
202206 0.135 120.806 0.142
202209 0.140 120.648 0.148
202212 0.141 120.964 0.148
202303 0.148 122.702 0.154
202306 0.154 124.203 0.158
202309 0.149 125.230 0.152
202312 0.195 125.072 0.199
202403 0.201 126.258 0.203
202406 0.217 127.522 0.217
202409 0.224 127.285 0.224
202412 0.222 127.364 0.222

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.


Avante  (OTCPK:ALXXF) 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.


Avante Cyclically Adjusted PS Ratio Related Terms

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


Avante Business Description

Traded in Other Exchanges
Address
1959 Leslie Street, Toronto, ON, CAN, M3B 2M3
Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its operating segments are Avante security and NSSG. Its products and services include residential and corporate security business: Avante control centre, monitoring, electronic building management, patrol and rapid response, intelligent perimeter protection, secure transport, international security travel advisory services, locksmith services, and smart home automation. It provides security services for residential and condominium customers in Toronto and Muskoka, Ontario through the use of technology and client service.