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Invacare (Invacare) Cyclically Adjusted PS Ratio : (As of Jun. 24, 2024)


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What is Invacare Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invacare Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Invacare'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.

Invacare Cyclically Adjusted PS Ratio Chart

Invacare Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.22 0.24 0.07 0.01

Invacare Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.04 0.03 0.02 0.01 -

Competitive Comparison of Invacare's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Invacare'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.


Invacare's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Invacare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Invacare 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=4.916/127.3478*127.3478
=4.916

Current CPI (Mar. 2023) = 127.3478.

Invacare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201306 10.766 98.518 13.917
201309 10.496 98.790 13.530
201312 10.292 98.326 13.330
201403 9.427 99.695 12.042
201406 10.148 100.560 12.851
201409 9.956 100.428 12.625
201412 9.900 99.070 12.726
201503 8.924 99.621 11.408
201506 8.704 100.684 11.009
201509 8.674 100.392 11.003
201512 8.645 99.792 11.032
201603 7.900 100.470 10.013
201606 8.455 101.688 10.589
201609 8.223 101.861 10.280
201612 7.570 101.863 9.464
201703 7.085 102.862 8.772
201706 7.035 103.349 8.669
201709 7.518 104.136 9.194
201712 7.450 104.011 9.122
201803 7.014 105.290 8.483
201806 7.241 106.317 8.673
201809 7.243 106.507 8.660
201812 7.370 105.998 8.854
201903 6.706 107.251 7.963
201906 6.985 108.070 8.231
201909 7.003 108.329 8.232
201912 6.920 108.420 8.128
202003 6.490 108.902 7.589
202006 5.832 108.767 6.828
202009 6.295 109.815 7.300
202012 6.656 109.897 7.713
202103 5.829 111.754 6.642
202106 6.710 114.631 7.454
202109 6.661 115.734 7.329
202112 6.720 117.630 7.275
202203 5.971 121.301 6.269
202206 5.615 125.017 5.720
202209 5.063 125.227 5.149
202212 5.387 125.222 5.478
202303 4.916 127.348 4.916

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.


Invacare  (GREY:IVCRB) 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.


Invacare Cyclically Adjusted PS Ratio Related Terms

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Invacare (Invacare) Business Description

Traded in Other Exchanges
N/A
Address
One Invacare Way, Elyria, OH, USA, 44035-4190
Invacare Corp makes and distributes medical equipment used in non-acute care settings. Its products are primarily sold to home medical equipment providers, residential living operators, distributors, and government health services. The firm sells products in three categories: mobility and seating, lifestyle, and respiratory therapy. Its mobility and seating products include power wheelchairs, custom manual wheelchairs, and positioning cushions. Its lifestyle products include manual wheelchairs, crutches, walkers, and homecare beds. Its respiratory products include stationary and portable oxygen concentrators and non-delivery oxygen technology. Invacare receives the largest proportion of revenue from sales in Europe.