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Lexaria Bioscience (Lexaria Bioscience) Cyclically Adjusted PS Ratio : 21.92 (As of May. 21, 2024)


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What is Lexaria Bioscience Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Lexaria Bioscience's current share price is $2.85. Lexaria Bioscience's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $0.13. Lexaria Bioscience's Cyclically Adjusted PS Ratio for today is 21.92.

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

LEXX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.57   Med: 12.36   Max: 64.06
Current: 24.74

During the past years, Lexaria Bioscience's highest Cyclically Adjusted PS Ratio was 64.06. The lowest was 1.57. And the median was 12.36.

LEXX's Cyclically Adjusted PS Ratio is ranked worse than
85.8% of 507 companies
in the Biotechnology industry
Industry Median: 5.55 vs LEXX: 24.74

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.

Lexaria Bioscience's adjusted revenue per share data for the three months ended in Feb. 2024 was $0.013. 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 $0.13 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lexaria Bioscience Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lexaria Bioscience'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.

Lexaria Bioscience Cyclically Adjusted PS Ratio Chart

Lexaria Bioscience Annual Data
Trend Oct13 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.37 15.43 13.31 12.00 -

Lexaria Bioscience Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 40.68 33.77 - 9.30 27.10

Competitive Comparison of Lexaria Bioscience's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Lexaria Bioscience'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.


Lexaria Bioscience's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

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

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



Lexaria Bioscience 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.

Lexaria Bioscience's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.85/0.13
=21.92

* 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.

Lexaria Bioscience's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Lexaria Bioscience's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.013/125.4675*125.4675
=0.013

Current CPI (Feb. 2024) = 125.4675.

Lexaria Bioscience Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.192 98.920 0.244
201407 0.116 99.315 0.147
201411 0.000 99.078 0.000
201502 0.003 99.078 0.004
201505 0.005 100.263 0.006
201508 0.003 100.579 0.004
201511 0.008 100.421 0.010
201602 0.009 100.421 0.011
201605 0.004 101.765 0.005
201608 0.006 101.686 0.007
201611 0.005 101.607 0.006
201702 0.007 102.476 0.009
201705 0.014 103.108 0.017
201708 0.006 103.108 0.007
201711 0.011 103.740 0.013
201802 0.073 104.688 0.087
201805 0.059 105.399 0.070
201808 0.039 106.031 0.046
201811 0.009 105.478 0.011
201902 0.006 106.268 0.007
201905 0.022 107.927 0.026
201908 0.048 108.085 0.056
201911 0.004 107.769 0.005
202002 0.014 108.559 0.016
202005 0.013 107.532 0.015
202008 0.045 108.243 0.052
202011 0.099 108.796 0.114
202102 0.047 109.745 0.054
202105 0.040 111.404 0.045
202108 0.006 112.668 0.007
202111 0.002 113.932 0.002
202202 0.005 115.986 0.005
202205 0.017 120.016 0.018
202208 0.019 120.569 0.020
202211 0.016 121.675 0.016
202302 0.003 122.070 0.003
202305 0.014 124.045 0.014
202308 0.000 125.389 0.000
202311 0.017 125.468 0.017
202402 0.013 125.468 0.013

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.


Lexaria Bioscience  (NAS:LEXX) 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.


Lexaria Bioscience Cyclically Adjusted PS Ratio Related Terms

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


Lexaria Bioscience (Lexaria Bioscience) Business Description

Traded in Other Exchanges
N/A
Address
740 McCurdy Road, Suite 100, Kelowna, BC, CAN, V1X 2P7
Lexaria Bioscience Corp's patented drug delivery technology, DehydraTECH improves the way active pharmaceutical ingredients enter the bloodstream by promoting more effective oral delivery. DehydraTECH has the ability to increase bio-absorption with cannabinoids and nicotine by 5-10x and, in some instances with cannabinoids by as much as 27x compared to standard industry formulations, reduce the time of onset from 1-2 hours to minutes, and mask unwanted tastes. DehydraTECH has also evidenced an ability to deliver some drugs more effectively across the blood brain barrier. The Company has four reportable segments: Intellectual Property Licensing, B2B Production, Research and Development and Corporate. It earns maximum revenue from Intellectual Property Licensing.
Executives
Catherine C. Turkel director 19900 MACARTHUR BLVD., SUITE 550, IRVINE CA 92612
Gregory Downey officer: Chief Financial Officer 100 - 740 MCCURDY ROAD, KELOWNA A1 V1X 2P7
Christopher Bunka director, 10 percent owner, officer: CEO 1924 BIRKDALE AVE, KELOWNA A1 V1P1R7
Vanessa Carle officer: Secretary 100 - 740 MCCURDY ROAD, KELOWNA A1 V1X 2P7
Reese Albert L Jr director
Brian W. Quigley director 100 740 MCCURDY ROAD, KELOWNA A1 23230
William Edward Mckechnie director 305 MARGARET AVENUE, KITCHENER A6 N2H 6S4
Allan Horst Spissinger officer: CFO 8131 198A STREET, LANGLEY A1 V2Y 1Y6
John Martin Docherty director, 10 percent owner 23 MIKELEN DRIVE, PORT PERRY A6 L9L 1V1
Baljinder Bhullar director, officer: CFO 604 - 700 WEST PENDER, VANCOUVER A1 V6C 1G8
Nicholas W Baxter director 220 SPRINGFIELD ROAD, ABERDEEN, ABERDEENSHIRE, SCOTLAND X0 AB15 6AU
Dustin Arthur Elford director 888 - 609 WEST HASTINGS STREET, VANCOUVER A1 V6B 4W4
Thomas James Ihrke officer: Sr. VP, Business Development 38 KRIER LANE, MOUNT PLEASANT SC 29464
David Demartini director, 10 percent owner 11714 SPRIGGS WAY, HOUSTON TX 77024
Leonard Macmillan director, officer: Vice President - Corp Develop SUITE 302, 125A - 1030 DENMAN STREET, VANCOUVER A1 V6G 2M6