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Aquarius Surgical Technologies (Aquarius Surgical Technologies) Cyclically Adjusted PS Ratio : 0.42 (As of May. 26, 2024)


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What is Aquarius Surgical Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Aquarius Surgical Technologies's current share price is $0.0042. Aquarius Surgical Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.01. Aquarius Surgical Technologies's Cyclically Adjusted PS Ratio for today is 0.42.

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

AQQRF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 5   Max: 17.4
Current: 0.71

During the past years, Aquarius Surgical Technologies's highest Cyclically Adjusted PS Ratio was 17.40. The lowest was 0.17. And the median was 5.00.

AQQRF's Cyclically Adjusted PS Ratio is ranked better than
63.64% of 473 companies
in the Medical Devices & Instruments industry
Industry Median: 2.26 vs AQQRF: 0.71

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.

Aquarius Surgical Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.002. 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 $0.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aquarius Surgical Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aquarius Surgical 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.

Aquarius Surgical Technologies Cyclically Adjusted PS Ratio Chart

Aquarius Surgical Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 7.74 5.29 2.02 0.33

Aquarius Surgical Technologies 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 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 0.63 0.33 0.34 0.35 0.36

Competitive Comparison of Aquarius Surgical Technologies's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Aquarius Surgical 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.


Aquarius Surgical Technologies's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aquarius Surgical Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aquarius Surgical 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0042/0.01
=0.42

* 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.

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

For example, Aquarius Surgical 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)
=0.002/125.0724*125.0724
=0.002

Current CPI (Dec. 2023) = 125.0724.

Aquarius Surgical Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.007 103.029 0.008
201709 0.009 103.345 0.011
201712 0.009 103.345 0.011
201803 0.018 105.004 0.021
201806 0.001 105.557 0.001
201809 0.005 105.636 0.006
201812 0.007 105.399 0.008
201903 0.002 106.979 0.002
201906 0.012 107.690 0.014
201909 0.008 107.611 0.009
201912 0.007 107.769 0.008
202003 0.006 107.927 0.007
202006 0.003 108.401 0.003
202009 0.003 108.164 0.003
202012 0.003 108.559 0.003
202103 0.011 110.298 0.012
202106 0.002 111.720 0.002
202109 0.005 112.905 0.006
202112 0.002 113.774 0.002
202203 0.003 117.646 0.003
202206 0.003 120.806 0.003
202209 0.001 120.648 0.001
202212 0.001 120.964 0.001
202303 0.001 122.702 0.001
202306 0.001 124.203 0.001
202309 0.002 125.230 0.002
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.


Aquarius Surgical Technologies  (OTCPK:AQQRF) 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.


Aquarius Surgical Technologies Cyclically Adjusted PS Ratio Related Terms

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Aquarius Surgical Technologies (Aquarius Surgical Technologies) Business Description

Traded in Other Exchanges
Address
89 Scollard Street, Toronto, ON, CAN, M5R 1G4
Aquarius Surgical Technologies Inc is engaged in the development, sale, distribution, marketing, and exploitation of laser-driven technologies for use in surgical environments, principally in the field of urology. The company derives revenue from the sale of medical devices and fiber-optic delivery devices. Geographically, it has a presence in Canada, the United States, and the Dominican Republic.