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Optiscan Imaging (ASX:OIL) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is Optiscan Imaging Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Optiscan Imaging Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Optiscan Imaging'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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Optiscan Imaging Cyclically Adjusted PS Ratio Chart

Optiscan Imaging 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 8.80 6.98 60.94 29.10 26.65

Optiscan Imaging 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 - 29.10 - 26.65 -

Competitive Comparison of Optiscan Imaging's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Optiscan Imaging'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.


Optiscan Imaging's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Optiscan Imaging 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.

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

For example, Optiscan Imaging'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)
=0.003/124.1700*124.1700
=0.003

Current CPI (Jun23) = 124.1700.

Optiscan Imaging Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 98.352 0.000
201506 0.000 99.838 0.000
201606 0.001 100.859 0.001
201706 0.004 102.809 0.005
201806 0.005 104.945 0.006
201906 0.002 106.617 0.002
202006 0.002 106.246 0.002
202106 0.002 110.332 0.002
202206 0.002 117.112 0.002
202306 0.003 124.170 0.003

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.


Optiscan Imaging  (ASX:OIL) 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.


Optiscan Imaging Cyclically Adjusted PS Ratio Related Terms

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Optiscan Imaging (ASX:OIL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
16 Miles Street, Mulgrave, Melbourne, VIC, AUS, 3170
Optiscan Imaging Ltd is engaged in the development, manufacture, and commercialization of endomicroscopic digital imaging technology solutions for medical, translational, and pre-clinical applications. Its technology offers real-time, 3D, in vivo imaging at the single-cell level, in a non-destructive manner that enables clinicians to make immediate informed decisions. Its products include InVivage, ViewnVivo, and Customisation.

Optiscan Imaging (ASX:OIL) Headlines

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