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Lineage Cell Therapeutics (Lineage Cell Therapeutics) Cyclically Adjusted PS Ratio : 36.33 (As of May. 02, 2024)


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What is Lineage Cell Therapeutics Cyclically Adjusted PS Ratio?

As of today (2024-05-02), Lineage Cell Therapeutics's current share price is $1.09. Lineage Cell Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.03. Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio for today is 36.33.

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

LCTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 19.67   Med: 54   Max: 139.5
Current: 34.28

During the past years, Lineage Cell Therapeutics's highest Cyclically Adjusted PS Ratio was 139.50. The lowest was 19.67. And the median was 54.00.

LCTX's Cyclically Adjusted PS Ratio is ranked worse than
90.55% of 508 companies
in the Biotechnology industry
Industry Median: 5.385 vs LCTX: 34.28

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.

Lineage Cell Therapeutics's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.012. 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 $0.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lineage Cell Therapeutics'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.

Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Chart

Lineage Cell Therapeutics 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 28.92 65.71 89.83 34.98 33.06

Lineage Cell Therapeutics 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 34.98 43.96 40.19 33.93 33.06

Competitive Comparison of Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Lineage Cell Therapeutics'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.


Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

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

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



Lineage Cell Therapeutics 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.

Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.09/0.03
=36.33

* 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.

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

For example, Lineage Cell Therapeutics'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)
=0.012/129.4194*129.4194
=0.012

Current CPI (Dec. 2023) = 129.4194.

Lineage Cell Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.008 99.695 0.010
201406 0.008 100.560 0.010
201409 0.008 100.428 0.010
201412 0.006 99.070 0.008
201503 0.007 99.621 0.009
201506 0.007 100.684 0.009
201509 0.011 100.392 0.014
201512 0.007 99.792 0.009
201603 0.006 100.470 0.008
201606 0.005 101.688 0.006
201609 0.004 101.861 0.005
201612 0.007 101.863 0.009
201703 0.004 102.862 0.005
201706 0.003 103.349 0.004
201709 0.004 104.136 0.005
201712 0.005 104.011 0.006
201803 0.003 105.290 0.004
201806 0.005 106.317 0.006
201809 0.002 106.507 0.002
201812 0.001 105.998 0.001
201903 0.001 107.251 0.001
201906 0.002 108.070 0.002
201909 0.001 108.329 0.001
201912 0.006 108.420 0.007
202003 0.001 108.902 0.001
202006 0.001 108.767 0.001
202009 0.002 109.815 0.002
202012 0.001 109.897 0.001
202103 0.002 111.754 0.002
202106 0.003 114.631 0.003
202109 0.013 115.734 0.015
202112 0.006 117.630 0.007
202203 0.031 121.301 0.033
202206 0.027 125.017 0.028
202209 0.018 125.227 0.019
202212 0.011 125.222 0.011
202303 0.014 127.348 0.014
202306 0.019 128.729 0.019
202309 0.007 129.860 0.007
202312 0.012 129.419 0.012

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.


Lineage Cell Therapeutics  (AMEX:LCTX) 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.


Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Related Terms

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


Lineage Cell Therapeutics (Lineage Cell Therapeutics) Business Description

Traded in Other Exchanges
Address
2173 Salk Avenue, Suite 200, Carlsbad, CA, USA, 92008
Lineage Cell Therapeutics Inc is a clinical-stage biotechnology company focused on the development and commercialization of novel therapies for the treatment of degenerative diseases. The company's pipeline is based on two platform technologies including cell replacement and cell/drug delivery. Lineage Cell's product candidate is OpRegen, a retinal pigment epithelium transplant therapy for the treatment of dry age-related macular degeneration, OPC1, an oligodendrocyte progenitor cell therapy for acute spinal cord injuries, and VAC2, allogeneic cancer immunotherapy of antigen-presenting dendritic cells for non-small cell lung cancer, ANP1, an allogeneic auditory neuron progenitor cell transplant for hearing loss, and PNC1, an allogeneic photoreceptor cell transplant for vision loss.
Executives
Anula Jayasuriya director 5150 EL CAMINO REAL, SUITE #A-32, LOS ALTOS CA 94022
Jill Ann Howe officer: Chief Financial Officer C/O DTX PHARMA, INC., 10655 SORRENTO VALLEY ROAD, SUITE 100, SAN DIEGO CA 92121
Dipti Amin director C/O LINEAGE CELL THERAPEUTICS, INC., 2173 SALK AVENUE, SUITE 200, CARLSBAD CA 92008
Brian M Culley director, officer: President and CEO 6725 MESA RIDGE ROAD, SUITE 100, SAN DIEGO CA 92121
Broadwood Partners Lp 10 percent owner BROADWOOD CAPITAL INC., 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Michael H. Mulroy director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92807
Gary S. Hogge officer: SVP,Clinical & Medical Affairs 1010 ATLANTIC AVENUE, SUITE 102, ALAMEDA CA 94501
Samuel George A. Iii officer: General Counsel/Secretary C/O LINEAGE CELL THERAPEUTICS, INC., 2173 SALK AVENUE, SUITE 200, CARLSBAD CA 92008
Angus C. Russell director C/O INTERMUNE, INC., 3280 BAYSHORE BOULEVARD, BRISBANE CA 94005
Kevin Leon Cook officer: Chief Financial Officer C/O LINEAGE CELL THERAPEUTICS, INC., 2173 SALK AVENUE, SUITE 200, CARLSBAD CA 92008
Alexandra Hernandez officer: Sr Director Finance/Controller C/O LINEAGE CELL THERAPEUTICS, INC., 2173 SALK AVENUE, SUITE 200, CARLSBAD CA 92008
Brandi Roberts officer: CFO & SVP, Finance 12390 EL CAMINO REAL #150, SAN DIEGO CA 92130
Chase C. Leavitt officer: General Counsel/Secretary 1010 ATLANTIC AVENUE, SUITE 102, ALAMEDA CA 94501
Edward Wirth officer: Chief Medical Officer C/O INVIVO THERAPEUTICS HOLDING CORP., ONE BROADWAY, 14TH FLOOR, CAMBRIDGE MA 02142
Don M Bailey director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92607

Lineage Cell Therapeutics (Lineage Cell Therapeutics) Headlines

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