GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vecima Networks Inc (FRA:VCM) » Definitions » Cyclically Adjusted PS Ratio

Vecima Networks (FRA:VCM) Cyclically Adjusted PS Ratio : 3.23 (As of May. 21, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Vecima Networks Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Vecima Networks's current share price is €14.80. Vecima Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.58. Vecima Networks's Cyclically Adjusted PS Ratio for today is 3.23.

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

FRA:VCM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.36   Max: 4.1
Current: 3.31

During the past years, Vecima Networks's highest Cyclically Adjusted PS Ratio was 4.10. The lowest was 1.75. And the median was 2.36.

FRA:VCM's Cyclically Adjusted PS Ratio is ranked worse than
81.24% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs FRA:VCM: 3.31

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.

Vecima Networks's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.239. 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 €4.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vecima Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Cyclically Adjusted PS Ratio Chart

Vecima Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 2.45 3.61 3.14 2.88

Vecima Networks 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 3.95 2.88 2.85 2.56 2.99

Competitive Comparison of Vecima Networks's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Vecima Networks'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.


Vecima Networks's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vecima Networks 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.

Vecima Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.80/4.58
=3.23

* 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.

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

For example, Vecima Networks'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)
=2.239/126.2576*126.2576
=2.239

Current CPI (Mar. 2024) = 126.2576.

Vecima Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.756 99.473 0.960
201409 0.728 99.394 0.925
201412 0.745 98.367 0.956
201503 0.758 99.789 0.959
201506 0.672 100.500 0.844
201509 0.773 100.421 0.972
201512 0.732 99.947 0.925
201603 0.866 101.054 1.082
201606 0.671 102.002 0.831
201609 0.632 101.765 0.784
201612 0.642 101.449 0.799
201703 0.489 102.634 0.602
201706 0.436 103.029 0.534
201709 0.453 103.345 0.553
201712 0.434 103.345 0.530
201803 0.673 105.004 0.809
201806 0.709 105.557 0.848
201809 0.627 105.636 0.749
201812 0.662 105.399 0.793
201903 0.602 106.979 0.710
201906 0.618 107.690 0.725
201909 0.617 107.611 0.724
201912 0.765 107.769 0.896
202003 0.713 107.927 0.834
202006 0.749 108.401 0.872
202009 0.780 108.164 0.910
202012 0.838 108.559 0.975
202103 0.930 110.298 1.065
202106 1.063 111.720 1.201
202109 0.941 112.905 1.052
202112 1.304 113.774 1.447
202203 1.578 117.646 1.694
202206 1.915 120.806 2.001
202209 2.404 120.648 2.516
202212 2.269 120.964 2.368
202303 2.205 122.702 2.269
202306 2.166 124.203 2.202
202309 1.750 125.230 1.764
202312 1.741 125.072 1.757
202403 2.239 126.258 2.239

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.


Vecima Networks  (FRA:VCM) 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.


Vecima Networks Cyclically Adjusted PS Ratio Related Terms

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


Vecima Networks (FRA:VCM) Business Description

Industry
Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

Vecima Networks (FRA:VCM) Headlines

No Headlines