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PACB (Pacific Biosciences of California) Cyclically Adjusted PS Ratio : 1.82 (As of Jan. 18, 2025)


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What is Pacific Biosciences of California Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Pacific Biosciences of California's current share price is $1.64. Pacific Biosciences of California's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $0.90. Pacific Biosciences of California's Cyclically Adjusted PS Ratio for today is 1.82.

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

PACB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 7.6   Max: 65.35
Current: 1.83

During the past years, Pacific Biosciences of California's highest Cyclically Adjusted PS Ratio was 65.35. The lowest was 1.42. And the median was 7.60.

PACB's Cyclically Adjusted PS Ratio is ranked better than
55.73% of 436 companies
in the Medical Devices & Instruments industry
Industry Median: 2.285 vs PACB: 1.83

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.

Pacific Biosciences of California's adjusted revenue per share data for the three months ended in Sep. 2024 was $0.146. 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 $0.90 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Biosciences of California Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pacific Biosciences of California'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.

Pacific Biosciences of California Cyclically Adjusted PS Ratio Chart

Pacific Biosciences of California 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 5.34 33.60 25.14 9.47 10.75

Pacific Biosciences of California Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.15 10.75 4.07 1.49 1.89

Competitive Comparison of Pacific Biosciences of California's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Pacific Biosciences of California'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.


Pacific Biosciences of California's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Pacific Biosciences of California's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Pacific Biosciences of California's Cyclically Adjusted PS Ratio falls into.



Pacific Biosciences of California 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.

Pacific Biosciences of California's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.64/0.9
=1.82

* 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.

Pacific Biosciences of California's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Pacific Biosciences of California's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.146/133.0289*133.0289
=0.146

Current CPI (Sep. 2024) = 133.0289.

Pacific Biosciences of California Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.232 99.070 0.312
201503 0.238 99.621 0.318
201506 0.334 100.684 0.441
201509 0.173 100.392 0.229
201512 0.463 99.792 0.617
201603 0.229 100.470 0.303
201606 0.235 101.688 0.307
201609 0.273 101.861 0.357
201612 0.278 101.863 0.363
201703 0.268 102.862 0.347
201706 0.206 103.349 0.265
201709 0.203 104.136 0.259
201712 0.214 104.011 0.274
201803 0.156 105.290 0.197
201806 0.164 106.317 0.205
201809 0.134 106.507 0.167
201812 0.131 105.998 0.164
201903 0.109 107.251 0.135
201906 0.161 108.070 0.198
201909 0.143 108.329 0.176
201912 0.182 108.420 0.223
202003 0.100 108.902 0.122
202006 0.111 108.767 0.136
202009 0.114 109.815 0.138
202012 0.120 109.897 0.145
202103 0.149 111.754 0.177
202106 0.154 114.631 0.179
202109 0.162 115.734 0.186
202112 0.163 117.630 0.184
202203 0.149 121.301 0.163
202206 0.158 125.017 0.168
202209 0.144 125.227 0.153
202212 0.121 125.222 0.129
202303 0.161 127.348 0.168
202306 0.190 128.729 0.196
202309 0.218 129.860 0.223
202312 0.218 129.419 0.224
202403 0.144 131.776 0.145
202406 0.132 132.554 0.132
202409 0.146 133.029 0.146

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.


Pacific Biosciences of California  (NAS:PACB) 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.


Pacific Biosciences of California Cyclically Adjusted PS Ratio Related Terms

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


Pacific Biosciences of California Business Description

Traded in Other Exchanges
Address
1305 O’Brien Drive, Menlo Park, CA, USA, 94025
Pacific Biosciences of California Inc is a biotechnology company focused on designing, developing, and manufacturing sequencing solutions that enable scientists and clinical researchers to improve their understanding of the genome and ultimately, resolve genetically complex problems. It operates in, one reportable segment: the development, manufacturing, and marketing of an integrated platform for genetic analysis. The majority of the company's revenue is derived from Americas, followed by Asia-Pacific and Europe Middle East, and Africa.
Executives
Christian O Henry director 9885 TOWNE CENTRE DRIVE, SAN DIEGO CA 92121
Jeff Eidel officer: See Remarks 1305 O'BRIEN DR., MENLO PARK CA 94025
Oene Mark Van officer: Chief Operating Officer 1305 O'BRIEN DRIVE, MENLO PARK CA 94025
Michele Farmer officer: Chief Accounting Officer 1305 O'BRIEN DRIVE, MENLO PARK CA 94025
David W Meline director 3M COMPANY, 3M OFFICE OF GENERAL COUNSEL, ST PAUL MN 55144-1000
Susan G. Kim officer: Chief Financial Officer 1305 O'BRIEN DRIVE, MENLO PARK CA 94025
William W. Ericson director 777 MARINERS ISLAND BOULEVARD, SUITE 550, SAN MATEO CA 94404
Peter Fromen officer: Chief Commercial Officer 1305 O'BRIEN DRIVE, MENLO PARK CA 94025
Hannah Valantine director 1305 O'BRIEN DRIVE, MENLO PARK CA 94025
Michael Hunkapiller director 400 HAMILTON AVENUE, 4TH FLOOR, PALO ALTO CA 94301
Eric Schaefer officer: VP Chief Accounting Officer 1305 O'BRIEN DRIVE, MENLO PARK CA 94025
Kathy Ordonez director 3 GIRALDA FARMS, C/O QUEST DIAGNOSTICS, MADISON NJ 07940
Randall S Livingston director
Lucy Shapiro director 10210 GENETIC CENTER COURT, SAN DIEGO CA 92121
David Botstein director 1380 WILLOW ROAD, PACIFIC BIOSCIENCES OF CALIFORNIA INC, MENLO PARK CA 94025