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Cannagistics (Cannagistics) Cyclically Adjusted PS Ratio : (As of Jun. 22, 2024)


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What is Cannagistics Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cannagistics Cyclically Adjusted PS Ratio Historical Data

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

Cannagistics Annual Data
Trend Jul08 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Cyclically Adjusted PS Ratio
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Cannagistics Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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Competitive Comparison of Cannagistics's Cyclically Adjusted PS Ratio

For the Shell Companies subindustry, Cannagistics'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.


Cannagistics's Cyclically Adjusted PS Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cannagistics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cannagistics 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.

Cannagistics's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2022 is calculated as:

For example, Cannagistics's adjusted Revenue per Share data for the three months ended in Apr. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2022 (Change)*Current CPI (Apr. 2022)
=0/121.9782*121.9782
=0.000

Current CPI (Apr. 2022) = 121.9782.

Cannagistics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200710 0.000 88.152 0.000
200801 0.000 89.057 0.000
200804 0.000 90.636 0.000
200807 0.000 92.805 0.000
200810 0.000 91.375 0.000
201307 0.000 98.557 0.000
201401 0.000 98.692 0.000
201404 0.000 100.023 0.000
201407 0.000 100.520 0.000
201410 0.000 100.176 0.000
201501 0.000 98.604 0.000
201504 0.000 99.824 0.000
201507 0.000 100.691 0.000
201510 0.000 100.346 0.000
201601 0.000 99.957 0.000
201604 0.000 100.947 0.000
201607 0.001 101.524 0.001
201610 0.098 101.988 0.117
201701 131.200 102.456 156.199
201704 0.023 103.167 0.027
201707 -0.104 103.278 -0.123
201710 0.006 104.070 0.007
201801 0.102 104.578 0.119
201804 0.032 105.708 0.037
201807 -0.025 106.324 -0.029
201810 0.048 106.695 0.055
201901 0.000 106.200 0.000
201904 0.000 107.818 0.000
201907 0.000 108.250 0.000
201910 0.000 108.577 0.000
202001 0.000 108.841 0.000
202004 0.000 108.173 0.000
202007 0.000 109.318 0.000
202010 0.000 109.861 0.000
202101 0.000 110.364 0.000
202104 0.000 112.673 0.000
202107 0.000 115.183 0.000
202110 0.000 116.696 0.000
202201 0.000 118.619 0.000
202204 0.000 121.978 0.000

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.


Cannagistics  (OTCPK:CNGT) 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.


Cannagistics Cyclically Adjusted PS Ratio Related Terms

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Cannagistics (Cannagistics) Business Description

Traded in Other Exchanges
N/A
Address
1200 Veterans Highway, Suite 310, Hauppauge, NY, USA, 11788
Cannagistics Inc currently has no business operation.

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