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Audio Pixels Holdings (ASX:AKP) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Audio Pixels Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Audio Pixels Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Audio Pixels Holdings'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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Audio Pixels Holdings Cyclically Adjusted PS Ratio Chart

Audio Pixels Holdings 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 3,837.50 6,837.80 5,983.77 2,474.64 2,334.16

Audio Pixels Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 5,983.77 - 2,474.64 - 2,334.16

Competitive Comparison of Audio Pixels Holdings's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Audio Pixels Holdings'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.


Audio Pixels Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Audio Pixels Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Audio Pixels Holdings 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.

Audio Pixels Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Audio Pixels Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.001/125.6559*125.6559
=0.001

Current CPI (Dec23) = 125.6559.

Audio Pixels Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.000 99.002 0.000
201512 0.000 100.673 0.000
201612 0.000 102.159 0.000
201712 0.000 104.110 0.000
201812 0.000 105.967 0.000
201912 0.004 107.917 0.005
202012 0.003 108.846 0.003
202112 0.004 112.654 0.004
202212 0.004 121.477 0.004
202312 0.001 125.656 0.001

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.


Audio Pixels Holdings  (ASX:AKP) 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.


Audio Pixels Holdings Cyclically Adjusted PS Ratio Related Terms

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Audio Pixels Holdings (ASX:AKP) Business Description

Traded in Other Exchanges
Address
75 Elizabeth Street, Suite 3, Level 12, Sydney, NSW, AUS, 2000
Audio Pixels Holdings Ltd is engaged in the development of digital speaker's microchip by utilizing the technological platform for reproducing sound. The company operates in Australia and Israel. It operates through the digital speakers segment. The company's MEMS-GEN-II platform enables the market for audio speakers to follow the evolution of the video display market from large, heavy analog tube-based monitors to the digital flat panel displays of today.