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Oakridge International (ASX:OAK) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 21, 2024)


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What is Oakridge International Cyclically Adjusted PS Ratio?

As of today (2024-06-21), Oakridge International's current share price is A$0.089. Oakridge International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was A$0.13. Oakridge International's Cyclically Adjusted PS Ratio for today is 0.68.

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

ASX:OAK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.43   Max: 18.21
Current: 0.55

During the past 13 years, Oakridge International's highest Cyclically Adjusted PS Ratio was 18.21. The lowest was 0.40. And the median was 1.43.

ASX:OAK's Cyclically Adjusted PS Ratio is ranked better than
71.22% of 344 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs ASX:OAK: 0.55

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.

Oakridge International's adjusted revenue per share data of for the fiscal year that ended in Jun23 was A$0.064. 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 A$0.13 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oakridge International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oakridge International'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.

Oakridge International Cyclically Adjusted PS Ratio Chart

Oakridge International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 1.03 1.43 0.56 0.56

Oakridge International 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 - 0.56 - 0.56 -

Competitive Comparison of Oakridge International's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, Oakridge International'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.


Oakridge International's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Oakridge International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Oakridge International 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.

Oakridge International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.089/0.13
=0.68

* 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.

Oakridge International's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Oakridge International's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.064/124.1700*124.1700
=0.064

Current CPI (Jun23) = 124.1700.

Oakridge International Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 98.352 0.000
201506 0.000 99.838 0.000
201606 0.005 100.859 0.006
201706 0.265 102.809 0.320
201806 0.133 104.945 0.157
201906 0.217 106.617 0.253
202006 0.100 106.246 0.117
202106 0.079 110.332 0.089
202206 0.029 117.112 0.031
202306 0.064 124.170 0.064

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.


Oakridge International  (ASX:OAK) 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.


Oakridge International Cyclically Adjusted PS Ratio Related Terms

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


Oakridge International (ASX:OAK) Business Description

Traded in Other Exchanges
Address
89 Pirie Street, Suite 3, Level 3, Adelaide, SA, AUS, 5000
Oakridge International Ltd is an Australian ax (IoT) technology business. It has developed revolutionary technology that allows anyone using their smartphone to connect and control electronic devices, embedded with ADRC (Auto Discovery Remote Control). It serves consumers, manufacturers, retailers, and data centers, as well as the healthcare sector. The company has four operating segments: Technology development, Healthcare technology, Geothermal projects, and Corporate. Geographically, it operates within Australia.

Oakridge International (ASX:OAK) Headlines

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