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Symbion Health (ASX:SY1) Cyclically Adjusted PS Ratio : (As of Sep. 23, 2024)


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What is Symbion Health Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Symbion Health Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Symbion Health'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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Symbion Health Cyclically Adjusted PS Ratio Chart

Symbion Health Annual Data
Trend Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
Cyclically Adjusted PS Ratio
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Symbion Health Semi-Annual Data
Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
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Competitive Comparison of Symbion Health's Cyclically Adjusted PS Ratio

For the Healthcare Plans subindustry, Symbion Health'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.


Symbion Health's Cyclically Adjusted PS Ratio Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Symbion Health's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Symbion Health 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.

Symbion Health's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun07 is calculated as:

For example, Symbion Health's adjusted Revenue per Share data for the fiscal year that ended in Jun07 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun07 (Change)*Current CPI (Jun07)
=5.93/81.4488*81.4488
=5.930

Current CPI (Jun07) = 81.4488.

Symbion Health Annual Data

Revenue per Share CPI Adj_RevenuePerShare
199806 7.864 62.596 10.233
199906 7.984 63.246 10.282
200006 9.034 65.196 11.286
200106 7.879 69.190 9.275
200206 7.045 71.140 8.066
200306 6.494 72.997 7.246
200406 5.627 74.855 6.123
200506 6.013 76.712 6.384
200606 5.376 79.777 5.489
200706 5.930 81.449 5.930

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.


Symbion Health  (ASX:SY1) 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.


Symbion Health Cyclically Adjusted PS Ratio Related Terms

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Symbion Health Business Description

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Symbion Group Limited (SYB, formerly Mayne Group Limited) is a healthcare-focused company comprised of 5 divisions: Pathology; Medical Centres; Imaging; Pharmacy Services; and Symbion Consumer.

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