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Avitar (Avitar) Cyclically Adjusted PS Ratio : (As of May. 21, 2024)


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What is Avitar Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avitar Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Avitar'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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Avitar Cyclically Adjusted PS Ratio Chart

Avitar Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Cyclically Adjusted PS Ratio
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Avitar Quarterly Data
Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07
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Competitive Comparison of Avitar's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Avitar'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.


Avitar's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Avitar 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.

Avitar's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Sep07 is calculated as:

For example, Avitar's adjusted Revenue per Share data for the fiscal year that ended in Sep07 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep07 (Change)*Current CPI (Sep07)
=0.157/88.4119*88.4119
=0.157

Current CPI (Sep07) = 88.4119.

Avitar Annual Data

Revenue per Share CPI Adj_RevenuePerShare
199809 7.274 72.057 8.925
199909 4.941 73.953 5.907
200009 6.643 75.928 7.735
200109 10.302 77.904 11.692
200209 11.685 79.721 12.959
200309 3.635 81.459 3.945
200409 1.898 82.960 2.023
200509 1.542 85.647 1.592
200609 0.932 86.279 0.955
200709 0.157 88.412 0.157

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.


Avitar  (OTCPK:AVTI) 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.


Avitar Cyclically Adjusted PS Ratio Related Terms

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Avitar (Avitar) Business Description

Traded in Other Exchanges
N/A
Address
5005 Elbow Drive SW, Suite 207, Calgary, AB, CAN, T2S 1T9
Website
Avitar Inc, through its subsidiary Avitar Technologies, develops, manufactures, and markets products for oral fluid diagnostics, disease and clinical testing, and wound treating.

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