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Avax Technologies (Avax Technologies) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Avax Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avax Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Avax Technologies'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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Avax Technologies Cyclically Adjusted PS Ratio Chart

Avax Technologies Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Cyclically Adjusted PS Ratio
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Avax Technologies Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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Competitive Comparison of Avax Technologies's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Avax Technologies'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.


Avax Technologies's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Avax Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Avax Technologies 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.

Avax Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2008 is calculated as:

For example, Avax Technologies's adjusted Revenue per Share data for the three months ended in Sep. 2008 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2008 (Change)*Current CPI (Sep. 2008)
=0.001/92.3069*92.3069
=0.001

Current CPI (Sep. 2008) = 92.3069.

Avax Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
199812 -0.018 69.151 -0.024
199903 0.000 69.615 0.000
199906 0.000 70.122 0.000
199909 0.000 70.839 0.000
199912 0.000 71.008 0.000
200003 0.000 72.231 0.000
200006 0.000 72.737 0.000
200009 0.000 73.286 0.000
200012 0.007 73.413 0.009
200103 0.016 74.341 0.020
200106 0.002 75.100 0.002
200109 0.004 75.227 0.005
200112 0.011 74.552 0.014
200203 0.004 75.438 0.005
200206 0.014 75.902 0.017
200209 0.015 76.366 0.018
200212 0.014 76.324 0.017
200303 0.014 77.716 0.017
200306 0.020 77.505 0.024
200309 0.020 78.138 0.024
200312 -0.003 77.758 -0.004
200403 0.019 79.066 0.022
200406 0.019 80.037 0.022
200409 0.008 80.121 0.009
200412 0.015 80.290 0.017
200503 0.020 81.555 0.023
200506 0.004 82.062 0.004
200509 0.006 83.876 0.007
200512 0.005 83.032 0.006
200603 0.002 84.298 0.002
200606 0.005 85.606 0.005
200609 0.002 85.606 0.002
200612 0.003 85.142 0.003
200703 0.002 86.640 0.002
200706 0.000 87.906 0.000
200709 0.001 87.964 0.001
200712 0.002 88.616 0.002
200803 0.001 90.090 0.001
200806 0.001 92.320 0.001
200809 0.001 92.307 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.


Avax Technologies  (OTCPK:AVXT) 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.


Avax Technologies Cyclically Adjusted PS Ratio Related Terms

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Avax Technologies (Avax Technologies) Business Description

Traded in Other Exchanges
N/A
Address
9200 Indian Creek Parkway, Suite 200, Overland Park, KS, USA, 66210
Avax Technologies Inc is a development stage biotechnology company. The company is engaged in the development and commercialization of individualized vaccine therapies and other technologies for the treatment of cancer. It also involved in the development and commercial readiness in the immuno-oncology arena.
Executives
Carl Spana director PALATIN TECHNOLOGIES, INC., 4B CEDAR BROOK DRIVE, CRANBURY NJ 08512
Prendergast John K A director ROBERTS SHERIDAN & KOTEL, 12 EAST 49TH STREET 30TH FL, NEW YORK NY 10017

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