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Ideanomics (LTS:0A4F) Cyclically Adjusted PS Ratio : 0.01 (As of May. 25, 2024)


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What is Ideanomics Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Ideanomics's current share price is $0.95. Ideanomics's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $147.23. Ideanomics's Cyclically Adjusted PS Ratio for today is 0.01.

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

LTS:0A4F' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.59   Max: 4.55
Current: 0.01

During the past years, Ideanomics's highest Cyclically Adjusted PS Ratio was 4.55. The lowest was 0.01. And the median was 0.59.

LTS:0A4F's Cyclically Adjusted PS Ratio is ranked better than
99.42% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs LTS:0A4F: 0.01

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.

Ideanomics's adjusted revenue per share data for the three months ended in Sep. 2023 was $0.057. 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 $147.23 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ideanomics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ideanomics'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.

Ideanomics Cyclically Adjusted PS Ratio Chart

Ideanomics 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 0.42 0.51 1.83 1.10 0.14

Ideanomics Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.24 0.14 0.09 0.06 0.02

Competitive Comparison of Ideanomics's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Ideanomics'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.


Ideanomics's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ideanomics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ideanomics 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.

Ideanomics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.95/147.23
=0.01

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.057/129.8595*129.8595
=0.057

Current CPI (Sep. 2023) = 129.8595.

Ideanomics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 1.286 98.326 1.698
201403 1.087 99.695 1.416
201406 1.376 100.560 1.777
201409 3.665 100.428 4.739
201412 5.247 99.070 6.878
201503 5.382 99.621 7.016
201506 7.749 100.684 9.994
201509 2.479 100.392 3.207
201512 8.409 99.792 10.943
201603 6.480 100.470 8.375
201606 6.325 101.688 8.077
201609 4.945 101.861 6.304
201612 78.392 101.863 99.938
201703 68.239 102.862 86.149
201706 88.605 103.349 111.333
201709 60.823 104.136 75.848
201712 71.265 104.011 88.975
201803 337.448 105.290 416.194
201806 231.685 106.317 282.989
201809 73.707 106.507 89.868
201812 19.109 105.998 23.411
201903 28.974 107.251 35.082
201906 16.060 108.070 19.298
201909 3.040 108.329 3.644
201912 0.057 108.420 0.068
202003 0.299 108.902 0.357
202006 3.258 108.767 3.890
202009 5.589 109.815 6.609
202012 4.977 109.897 5.881
202103 9.568 111.754 11.118
202106 8.695 114.631 9.850
202109 7.012 115.734 7.868
202112 6.964 117.630 7.688
202203 6.381 121.301 6.831
202206 2.357 125.017 2.448
202209 2.080 125.227 2.157
202212 18.249 125.222 18.925
202303 1.806 127.348 1.842
202306 0.797 128.729 0.804
202309 0.057 129.860 0.057

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.


Ideanomics  (LTS:0A4F) 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.


Ideanomics Cyclically Adjusted PS Ratio Related Terms

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


Ideanomics (LTS:0A4F) Business Description

Traded in Other Exchanges
Address
1441 Broadway, Suite 5116, New York, NY, USA, 10018
Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility's focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy's focus is charging and energy-related products and services, and Ideanomics Capital's focus is providing financing support for the Company's Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.

Ideanomics (LTS:0A4F) Headlines

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