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Planet Ventures (Planet Ventures) Cyclically Adjusted PS Ratio : 1.82 (As of Jun. 09, 2024)


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What is Planet Ventures Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Planet Ventures's current share price is $0.0182. Planet Ventures's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.01. Planet Ventures's Cyclically Adjusted PS Ratio for today is 1.82.

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

PNXPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 7.08   Max: 58.33
Current: 2.63

During the past years, Planet Ventures's highest Cyclically Adjusted PS Ratio was 58.33. The lowest was 2.00. And the median was 7.08.

PNXPF's Cyclically Adjusted PS Ratio is ranked better than
75.89% of 875 companies
in the Asset Management industry
Industry Median: 7.66 vs PNXPF: 2.63

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.

Planet Ventures's adjusted revenue per share data for the three months ended in Dec. 2023 was $-0.001. 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 $0.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Planet Ventures Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Planet Ventures'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.

Planet Ventures Cyclically Adjusted PS Ratio Chart

Planet Ventures Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.27 - 13.40 5.12 -

Planet Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - 3.42 2.04 1.75

Competitive Comparison of Planet Ventures's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Planet Ventures'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.


Planet Ventures's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Planet Ventures's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Planet Ventures 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.

Planet Ventures's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.0182/0.01
=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.

Planet Ventures's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.001/125.0724*125.0724
=-0.001

Current CPI (Dec. 2023) = 125.0724.

Planet Ventures Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.024 98.604 0.030
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.005 99.789 0.006
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 -0.015 101.054 -0.019
201606 0.002 102.002 0.002
201609 0.001 101.765 0.001
201612 0.008 101.449 0.010
201703 0.016 102.634 0.019
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.005 103.345 0.006
201803 -0.006 105.004 -0.007
201806 0.002 105.557 0.002
201809 -0.003 105.636 -0.004
201812 0.006 105.399 0.007
201903 0.000 106.979 0.000
201906 -0.005 107.690 -0.006
201909 0.001 107.611 0.001
201912 0.000 107.769 0.000
202003 0.000 107.927 0.000
202006 -0.001 108.401 -0.001
202009 0.003 108.164 0.003
202012 0.000 108.559 0.000
202103 0.016 110.298 0.018
202106 0.003 111.720 0.003
202109 -0.003 112.905 -0.003
202112 -0.001 113.774 -0.001
202203 -0.002 117.646 -0.002
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 0.000 122.702 0.000
202306 -0.008 124.203 -0.008
202309 0.000 125.230 0.000
202312 -0.001 125.072 -0.001

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.


Planet Ventures  (OTCPK:PNXPF) 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.


Planet Ventures Cyclically Adjusted PS Ratio Related Terms

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


Planet Ventures (Planet Ventures) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
Planet Ventures Inc is an investment company. The company invests in a portfolio of shares and other securities of public and private companies. It invests in the mining, cryptocurrency, and blockchain arena in addition to its most recent investment in a legal web-based sportsbook.

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