GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » BeiGene Ltd (FRA:49BA) » Definitions » Cyclically Adjusted PS Ratio

BeiGene (FRA:49BA) Cyclically Adjusted PS Ratio : 17.93 (As of May. 01, 2024)


View and export this data going back to 2016. Start your Free Trial

What is BeiGene Cyclically Adjusted PS Ratio?

As of today (2024-05-01), BeiGene's current share price is €144.00. BeiGene's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €8.03. BeiGene's Cyclically Adjusted PS Ratio for today is 17.93.

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

FRA:49BA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 14.49   Med: 17.42   Max: 19.6
Current: 17.51

During the past years, BeiGene's highest Cyclically Adjusted PS Ratio was 19.60. The lowest was 14.49. And the median was 17.42.

FRA:49BA's Cyclically Adjusted PS Ratio is ranked worse than
81.53% of 509 companies
in the Biotechnology industry
Industry Median: 5.4 vs FRA:49BA: 17.51

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.

BeiGene's adjusted revenue per share data for the three months ended in Dec. 2023 was €5.590. 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 €8.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BeiGene Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BeiGene'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.

BeiGene Cyclically Adjusted PS Ratio Chart

BeiGene Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 20.17

BeiGene Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - 20.17

Competitive Comparison of BeiGene's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, BeiGene'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.


BeiGene's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

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

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



BeiGene 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.

BeiGene's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=144.00/8.03
=17.93

* 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.

BeiGene's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, BeiGene's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.59/129.4194*129.4194
=5.590

Current CPI (Dec. 2023) = 129.4194.

BeiGene Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 0.000 98.326 0.000
201406 0.000 100.560 0.000
201409 0.094 100.428 0.121
201412 0.021 99.070 0.027
201503 0.024 99.621 0.031
201506 0.023 100.684 0.030
201509 0.023 100.392 0.030
201512 0.136 99.792 0.176
201603 0.027 100.470 0.035
201606 0.011 101.688 0.014
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 3.999 104.136 4.970
201712 0.338 104.011 0.421
201803 0.512 105.290 0.629
201806 0.841 106.317 1.024
201809 0.816 106.507 0.992
201812 0.868 105.998 1.060
201903 1.156 107.251 1.395
201906 3.601 108.070 4.312
201909 0.757 108.329 0.904
201912 0.844 108.420 1.007
202003 0.609 108.902 0.724
202006 0.750 108.767 0.892
202009 0.875 109.815 1.031
202012 0.905 109.897 1.066
202103 5.261 111.754 6.093
202106 1.355 114.631 1.530
202109 1.892 115.734 2.116
202112 1.992 117.630 2.192
202203 2.717 121.301 2.899
202206 3.143 125.017 3.254
202209 3.783 125.227 3.910
202212 3.458 125.222 3.574
202303 4.015 127.348 4.080
202306 5.251 128.729 5.279
202309 6.845 129.860 6.822
202312 5.590 129.419 5.590

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.


BeiGene  (FRA:49BA) 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.


BeiGene Cyclically Adjusted PS Ratio Related Terms

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


BeiGene (FRA:49BA) Business Description

Industry
Address
c/o Mourant Governance Services (Cayman) Limited, 94 Solaris Avenue, Camana Bay, Grand Cayman, CYM, KY1-1108
BeiGene Ltd is a commercial-stage biotechnology company. It is engaged in the discovery and development of molecularly targeted and immuno-oncology drugs for the treatment of cancer. The company has developed a proprietary cancer biology platform that addresses the importance of tumor-immune system interactions and the value of primary biopsies in developing new models to support its drug discovery effort. It has developed clinical-stage drug candidates that inhibit the important oncology targets Bruton's tyrosine kinase, or BTK; RAF dimer protein complex and PARP family of proteins, and an immuno-oncology agent that inhibits the immune checkpoint protein receptor PD-1. Its geographical segments are China, the United States, and the Rest of the world.

BeiGene (FRA:49BA) Headlines

No Headlines