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Tilray Brands (FRA:2HQ) Cyclically Adjusted PS Ratio : 2.42 (As of May. 01, 2024)


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What is Tilray Brands Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Tilray Brands's current share price is €2.277. Tilray Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €0.94. Tilray Brands's Cyclically Adjusted PS Ratio for today is 2.42.

The historical rank and industry rank for Tilray Brands's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:2HQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.55   Med: 3.16   Max: 15.99
Current: 1.77

During the past years, Tilray Brands's highest Cyclically Adjusted PS Ratio was 15.99. The lowest was 1.55. And the median was 3.16.

FRA:2HQ's Cyclically Adjusted PS Ratio is ranked better than
55.7% of 745 companies
in the Drug Manufacturers industry
Industry Median: 2.14 vs FRA:2HQ: 1.77

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Tilray Brands's adjusted revenue per share data for the three months ended in Feb. 2024 was €0.231. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €0.94 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tilray Brands Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tilray Brands'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.

* Premium members only.

Tilray Brands Cyclically Adjusted PS Ratio Chart

Tilray Brands Annual Data
Trend Aug14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.74 1.70

Tilray Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.93 1.70 2.97 1.81 1.73

Competitive Comparison of Tilray Brands's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Tilray Brands'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.


Tilray Brands's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Tilray Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tilray Brands 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.

Tilray Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.277/0.94
=2.42

* 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.

Tilray Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Tilray Brands's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.231/125.4675*125.4675
=0.231

Current CPI (Feb. 2024) = 125.4675.

Tilray Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.000 99.394 0.000
201408 0.000 99.315 0.000
201411 0.000 99.078 0.000
201502 0.001 99.078 0.001
201505 0.008 100.263 0.010
201508 0.015 100.579 0.019
201511 0.032 100.421 0.040
201602 0.025 100.421 0.031
201605 0.034 101.765 0.042
201608 0.043 101.686 0.053
201611 0.042 101.607 0.052
201702 0.037 102.476 0.045
201705 0.030 103.108 0.037
201708 0.034 103.108 0.041
201711 0.046 103.740 0.056
201802 0.046 104.688 0.055
201805 0.045 105.399 0.054
201808 0.046 106.031 0.054
201811 0.069 105.478 0.082
201902 0.235 106.268 0.277
201905 0.412 107.927 0.479
201908 0.400 108.085 0.464
201911 0.389 107.769 0.453
202002 0.457 108.559 0.528
202005 0.457 107.532 0.533
202008 0.410 108.243 0.475
202011 0.450 108.796 0.519
202102 0.386 109.745 0.441
202105 0.359 111.404 0.404
202108 0.318 112.668 0.354
202111 0.295 113.932 0.325
202202 0.274 115.986 0.296
202205 0.282 120.016 0.295
202208 0.263 120.569 0.274
202211 0.231 121.675 0.238
202302 0.221 122.070 0.227
202305 0.250 124.045 0.253
202308 0.235 125.389 0.235
202311 0.245 125.468 0.245
202402 0.231 125.468 0.231

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.


Tilray Brands  (FRA:2HQ) 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.


Tilray Brands Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Tilray Brands's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tilray Brands (FRA:2HQ) Business Description

Traded in Other Exchanges
Address
265 Talbot Street West, Leamington, ON, CAN, N8H 5L4
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. U.S. exposure consists of CBD products and alcohol.

Tilray Brands (FRA:2HQ) Headlines

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