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Polaris Renewable Energy (Polaris Renewable Energy) Cyclically Adjusted PS Ratio : 0.30 (As of May. 16, 2024)


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What is Polaris Renewable Energy Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Polaris Renewable Energy's current share price is $9.285. Polaris Renewable Energy's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $31.32. Polaris Renewable Energy's Cyclically Adjusted PS Ratio for today is 0.30.

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

RAMPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.14   Max: 3.69
Current: 0.29

During the past years, Polaris Renewable Energy's highest Cyclically Adjusted PS Ratio was 3.69. The lowest was 0.04. And the median was 0.14.

RAMPF's Cyclically Adjusted PS Ratio is ranked better than
88.12% of 261 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.86 vs RAMPF: 0.29

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.

Polaris Renewable Energy's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.976. 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 $31.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polaris Renewable Energy Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Polaris Renewable Energy'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.

Polaris Renewable Energy Cyclically Adjusted PS Ratio Chart

Polaris Renewable Energy 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 0.11 0.17 0.16 0.16 0.25

Polaris Renewable Energy 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 0.16 0.20 0.23 0.25 0.26

Competitive Comparison of Polaris Renewable Energy's Cyclically Adjusted PS Ratio

For the Utilities - Renewable subindustry, Polaris Renewable Energy'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.


Polaris Renewable Energy's Cyclically Adjusted PS Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Polaris Renewable Energy 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.

Polaris Renewable Energy's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.285/31.32
=0.30

* 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.

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

For example, Polaris Renewable Energy'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)
=0.976/126.2576*126.2576
=0.976

Current CPI (Mar. 2024) = 126.2576.

Polaris Renewable Energy Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 63.011 99.473 79.977
201409 69.263 99.394 87.983
201412 69.124 98.367 88.723
201503 66.312 99.789 83.901
201506 1.550 100.500 1.947
201509 0.831 100.421 1.045
201512 0.780 99.947 0.985
201603 0.810 101.054 1.012
201606 0.779 102.002 0.964
201609 0.910 101.765 1.129
201612 1.001 101.449 1.246
201703 0.852 102.634 1.048
201706 1.014 103.029 1.243
201709 0.972 103.345 1.188
201712 0.990 103.345 1.209
201803 0.935 105.004 1.124
201806 1.122 105.557 1.342
201809 1.157 105.636 1.383
201812 0.965 105.399 1.156
201903 1.141 106.979 1.347
201906 1.100 107.690 1.290
201909 1.074 107.611 1.260
201912 1.090 107.769 1.277
202003 1.238 107.927 1.448
202006 1.205 108.401 1.403
202009 1.041 108.164 1.215
202012 0.992 108.559 1.154
202103 0.893 110.298 1.022
202106 0.726 111.720 0.820
202109 0.762 112.905 0.852
202112 0.731 113.774 0.811
202203 0.819 117.646 0.879
202206 0.770 120.806 0.805
202209 0.714 120.648 0.747
202212 0.800 120.964 0.835
202303 0.956 122.702 0.984
202306 0.987 124.203 1.003
202309 0.890 125.230 0.897
202312 0.890 125.072 0.898
202403 0.976 126.258 0.976

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.


Polaris Renewable Energy  (OTCPK:RAMPF) 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.


Polaris Renewable Energy Cyclically Adjusted PS Ratio Related Terms

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


Polaris Renewable Energy (Polaris Renewable Energy) Business Description

Traded in Other Exchanges
Address
7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development and operation of renewable energy projects in the Americas. The Company operates in five reportable operating segments: 1) Nicaragua which includes the acquisition, exploration, development and operation of a geothermal project; 2) Peru which includes the acquisition, exploration, development and operation of hydroelectric projects; 3) Panama which includes acquisition, development and operation of solar projects; 4) Dominican Republic which includes acquisition, development and operation of solar projects; 5) Ecuador which includes acquisition, exploration, development and operation of hydroelectric projects.

Polaris Renewable Energy (Polaris Renewable Energy) Headlines