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Inotiv (LTS:0HN9) Cyclically Adjusted PS Ratio : (As of Sep. 22, 2024)


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What is Inotiv 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


Inotiv Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inotiv'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.

Inotiv Cyclically Adjusted PS Ratio Chart

Inotiv Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.22 7.17 2.74 0.37

Inotiv Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.61 0.37 0.42 1.19 0.17

Competitive Comparison of Inotiv's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, Inotiv'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.


Inotiv's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Inotiv's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Inotiv 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.

Inotiv's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.104/132.5538*132.5538
=4.104

Current CPI (Jun. 2024) = 132.5538.

Inotiv Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 0.795 100.428 1.049
201412 0.609 99.070 0.815
201503 0.706 99.621 0.939
201506 0.698 100.684 0.919
201509 0.577 100.392 0.762
201512 0.604 99.792 0.802
201603 0.658 100.470 0.868
201606 0.623 101.688 0.812
201609 0.636 101.861 0.828
201612 0.710 101.863 0.924
201703 0.730 102.862 0.941
201706 0.667 103.349 0.855
201709 0.670 104.136 0.853
201712 0.611 104.011 0.779
201803 0.676 105.290 0.851
201806 0.730 106.317 0.910
201809 0.876 106.507 1.090
201812 0.842 105.998 1.053
201903 0.908 107.251 1.122
201906 1.035 108.070 1.269
201909 1.408 108.329 1.723
201912 1.211 108.420 1.481
202003 1.477 108.902 1.798
202006 1.445 108.767 1.761
202009 1.436 109.815 1.733
202012 1.624 109.897 1.959
202103 1.682 111.754 1.995
202106 1.488 114.631 1.721
202109 1.810 115.734 2.073
202112 3.987 117.630 4.493
202203 5.543 121.301 6.057
202206 6.769 125.017 7.177
202209 5.877 125.227 6.221
202212 4.795 125.222 5.076
202303 5.896 127.348 6.137
202306 6.052 128.729 6.232
202309 5.521 129.860 5.636
202312 5.257 129.419 5.384
202403 4.618 131.776 4.645
202406 4.104 132.554 4.104

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.


Inotiv  (LTS:0HN9) 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.


Inotiv Cyclically Adjusted PS Ratio Related Terms

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


Inotiv Business Description

Traded in Other Exchanges
Address
2701 Kent Avenue, West Lafayette, IN, USA, 47906
Inotiv Inc is a pharmaceutical development company specializing in nonclinical and analytical drug discovery and development services to the pharmaceutical, chemical, and medical device industries. It operates in two segments; Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). Through the DSA segment, it supports the discovery, nonclinical development, and clinical development needs of researchers and clinicians for small molecule drug candidates, as well as biotherapeutics and biomedical devices. Through the RMS segment, it offers access to a wide range of small and large research models for basic research and drug discovery and development, as well as specialized models for specific diseases and therapeutic areas. It earns maximum revenue from RMS Segment.

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