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Edap TMS (FRA:EDA) Cyclically Adjusted PS Ratio : 3.55 (As of May. 21, 2024)


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What is Edap TMS Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Edap TMS's current share price is €5.90. Edap TMS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.66. Edap TMS's Cyclically Adjusted PS Ratio for today is 3.55.

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

FRA:EDA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.48   Max: 7.13
Current: 3.43

During the past years, Edap TMS's highest Cyclically Adjusted PS Ratio was 7.13. The lowest was 0.42. And the median was 1.48.

FRA:EDA's Cyclically Adjusted PS Ratio is ranked worse than
93.94% of 66 companies
in the Medical Distribution industry
Industry Median: 0.39 vs FRA:EDA: 3.43

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.

Edap TMS's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.403. 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 €1.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Edap TMS Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Edap TMS'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.

Edap TMS Cyclically Adjusted PS Ratio Chart

Edap TMS 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 2.42 2.98 3.54 6.10 2.92

Edap TMS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.19 5.10 3.88 2.92 4.04

Competitive Comparison of Edap TMS's Cyclically Adjusted PS Ratio

For the Medical Distribution subindustry, Edap TMS'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.


Edap TMS's Cyclically Adjusted PS Ratio Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Edap TMS's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Edap TMS 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.

Edap TMS's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.90/1.66
=3.55

* 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.

Edap TMS's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Edap TMS's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.403/119.4700*119.4700
=0.403

Current CPI (Mar. 2024) = 119.4700.

Edap TMS Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.247 100.180 0.295
201409 0.270 99.920 0.323
201412 0.260 99.860 0.311
201503 0.250 100.170 0.298
201506 0.290 100.440 0.345
201509 0.257 99.950 0.307
201512 0.467 100.040 0.558
201603 0.323 100.020 0.386
201606 0.275 100.630 0.326
201609 0.264 100.340 0.314
201612 0.353 100.650 0.419
201703 0.287 101.170 0.339
201706 0.321 101.320 0.379
201709 0.246 101.330 0.290
201712 0.366 101.850 0.429
201803 0.312 102.750 0.363
201806 0.297 103.370 0.343
201809 0.893 103.560 1.030
201812 0.286 103.470 0.330
201903 0.342 103.890 0.393
201906 0.422 104.580 0.482
201909 0.348 104.500 0.398
201912 0.405 104.980 0.461
202003 0.261 104.590 0.298
202006 0.318 104.790 0.363
202009 0.324 104.550 0.370
202012 0.527 104.960 0.600
202103 0.339 105.750 0.383
202106 0.321 106.340 0.361
202109 0.282 106.810 0.315
202112 0.450 107.850 0.498
202203 0.382 110.490 0.413
202206 0.415 112.550 0.441
202209 0.354 112.740 0.375
202212 0.426 114.160 0.446
202303 0.401 116.790 0.410
202306 0.386 117.650 0.392
202309 0.317 118.260 0.320
202312 0.529 118.390 0.534
202403 0.403 119.470 0.403

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.


Edap TMS  (FRA:EDA) 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.


Edap TMS Cyclically Adjusted PS Ratio Related Terms

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


Edap TMS (FRA:EDA) Business Description

Traded in Other Exchanges
Address
Parc d'Activites La Poudrette-Lamartine, 4/6, rue du Dauphine, Vaulx-en-Velin, FRA, 69120
Edap TMS SA is a holding company operating in three divisions namely, HIFU (High-Intensity Focused Ultrasound), ESWL (Extracorporeal ShockWave Lithotripsy), and Distribution. The HIFU division develops, manufactures, and markets devices for the invasive destruction of certain types of tumors using HIFU technology. It markets three HIFU devices: the Ablatherm, Ablatherm Fusion, and the Focal One. The ESWL division is engaged in the manufacturing, marketing, and servicing of its installed base of Sonolith range of lithotripters. The Distribution division markets products that are complementary to its global activity such as lasers, micro-ultrasound systems, and other medical products from third parties. Its geographical segments are Asia, France, United States, and Others.

Edap TMS (FRA:EDA) Headlines

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