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Novavax (LTS:0UP6) Cyclically Adjusted PS Ratio : (As of May. 30, 2024)


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What is Novavax 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


Novavax Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Novavax'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.

Novavax Cyclically Adjusted PS Ratio Chart

Novavax 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 1.86 50.07 59.42 2.39 1.01

Novavax Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.61 1.58 1.55 1.01 0.99

Competitive Comparison of Novavax's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Novavax'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.


Novavax's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

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

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



Novavax 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.676/131.7762*131.7762
=3.676

Current CPI (Mar. 2024) = 131.7762.

Novavax Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.761 100.560 0.997
201409 0.689 100.428 0.904
201412 0.563 99.070 0.749
201503 0.819 99.621 1.083
201506 1.044 100.684 1.366
201509 0.484 100.392 0.635
201512 0.434 99.792 0.573
201603 0.312 100.470 0.409
201606 0.185 101.688 0.240
201609 0.238 101.861 0.308
201612 0.398 101.863 0.515
201703 0.414 102.862 0.530
201706 0.475 103.349 0.606
201709 0.563 104.136 0.712
201712 0.658 104.011 0.834
201803 0.573 105.290 0.717
201806 0.573 106.317 0.710
201809 0.405 106.507 0.501
201812 0.320 105.998 0.398
201903 0.195 107.251 0.240
201906 0.143 108.070 0.174
201909 0.103 108.329 0.125
201912 0.345 108.420 0.419
202003 0.132 108.902 0.160
202006 1.392 108.767 1.686
202009 6.151 109.815 7.381
202012 -6.798 109.897 -8.151
202103 17.519 111.754 20.658
202106 11.674 114.631 13.420
202109 7.006 115.734 7.977
202112 -28.459 117.630 -31.882
202203 23.686 121.301 25.731
202206 7.283 125.017 7.677
202209 24.612 125.227 25.899
202212 11.275 125.222 11.865
202303 -0.252 127.348 -0.261
202306 16.626 128.729 17.020
202309 0.864 129.860 0.877
202312 9.926 129.419 10.107
202403 3.676 131.776 3.676

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.


Novavax  (LTS:0UP6) 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.


Novavax Cyclically Adjusted PS Ratio Related Terms

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Novavax (LTS:0UP6) Business Description

Industry
Traded in Other Exchanges
Address
21 Firstfield Road, Gaithersburg, MD, USA, 20878
Novavax Inc is a biotechnology company that develops vaccines. The company works in the clinical stage of development with a focus on delivering novel products that prevent a broad range of diseases. Novavax works together with its wholly owned Swedish subsidiary to produce vaccine candidates to respond to both known and emerging disease threats. The company believes its vaccine technology has the potential to be applied broadly to a wide variety of human infectious diseases. Novavax develops product candidates geared toward all age demographics of the general population.

Novavax (LTS:0UP6) Headlines

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