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Retractable Technologies (Retractable Technologies) Cyclically Adjusted PS Ratio : 0.50 (As of May. 01, 2024)


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What is Retractable Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Retractable Technologies's current share price is $1.09. Retractable Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.19. Retractable Technologies's Cyclically Adjusted PS Ratio for today is 0.50.

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

RVP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.65   Max: 13.86
Current: 0.49

During the past years, Retractable Technologies's highest Cyclically Adjusted PS Ratio was 13.86. The lowest was 0.43. And the median was 1.65.

RVP's Cyclically Adjusted PS Ratio is ranked better than
86.14% of 469 companies
in the Medical Devices & Instruments industry
Industry Median: 2.12 vs RVP: 0.49

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.

Retractable Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.477. 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 $2.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Retractable Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Retractable Technologies'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.

Retractable Technologies Cyclically Adjusted PS Ratio Chart

Retractable Technologies 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 1.18 7.86 3.70 0.77 0.51

Retractable Technologies 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 0.77 0.81 0.53 0.55 0.51

Competitive Comparison of Retractable Technologies's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Retractable Technologies'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.


Retractable Technologies's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Retractable Technologies 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.

Retractable Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.09/2.19
=0.50

* 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.

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

For example, Retractable Technologies'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)
=0.477/129.4194*129.4194
=0.477

Current CPI (Dec. 2023) = 129.4194.

Retractable Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.222 99.695 0.288
201406 0.252 100.560 0.324
201409 0.373 100.428 0.481
201412 0.389 99.070 0.508
201503 0.223 99.621 0.290
201506 0.228 100.684 0.293
201509 0.340 100.392 0.438
201512 0.242 99.792 0.314
201603 0.207 100.470 0.267
201606 0.257 101.688 0.327
201609 0.298 101.861 0.379
201612 0.252 101.863 0.320
201703 0.221 102.862 0.278
201706 0.241 103.349 0.302
201709 0.324 104.136 0.403
201712 0.291 104.011 0.362
201803 0.235 105.290 0.289
201806 0.229 106.317 0.279
201809 0.302 106.507 0.367
201812 0.253 105.998 0.309
201903 0.243 107.251 0.293
201906 0.294 108.070 0.352
201909 0.356 108.329 0.425
201912 0.387 108.420 0.462
202003 0.342 108.902 0.406
202006 0.351 108.767 0.418
202009 0.797 109.815 0.939
202012 0.941 109.897 1.108
202103 1.457 111.754 1.687
202106 1.236 114.631 1.395
202109 1.061 115.734 1.186
202112 1.749 117.630 1.924
202203 1.332 121.301 1.421
202206 0.431 125.017 0.446
202209 0.694 125.227 0.717
202212 0.391 125.222 0.404
202303 0.367 127.348 0.373
202306 0.264 128.729 0.265
202309 0.345 129.860 0.344
202312 0.477 129.419 0.477

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.


Retractable Technologies  (AMEX:RVP) 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.


Retractable Technologies Cyclically Adjusted PS Ratio Related Terms

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


Retractable Technologies (Retractable Technologies) Business Description

Traded in Other Exchanges
N/A
Address
511 Lobo Lane, Little Elm, TX, USA, 75068-5295
Retractable Technologies Inc designs, develops, manufactures, and markets safety syringes and other safety medical products for the healthcare profession. The company's products are the VanishPoint 0.5mL insulin syringe; 1mL tuberculin, insulin, and allergy antigen syringes; 0.5mL, 1mL, 2mL, 3mL, 5mL, and 10mL syringes; the small diameter tube adapter; the blood collection tube holder; the allergy tray; the IV safety catheter; the Patient Safe syringes; the Patient Safe Luer Cap; the VanishPoint Blood Collection Set; and the EasyPoint needle, as well as a standard 3mL syringe packaged with an EasyPoint needle. The company also sells VanishPoint autodisable syringes in the international market in addition to its other products.
Executives
Thomas J Shaw director, 10 percent owner, officer: President and CEO 511 LOBO LANE, LITTLE ELM TX 75068
Braden Michael Leonard 10 percent owner 156 S. FIRST STREET, ZIONSVILLE IN 46077
Bigby Walter O Jr director 816 BENTON RD, BOSSIER CITY LA 71111
Darren E Findley director 1618 GRASSMERE RD, FRANKLIN TN 37064
Russell B Kuhlman director, officer: Vice President of Sales 511 LOBO LANE, PO BOX 9, LITTLE ELM TX 75068
Fort John W Iii director, officer: Chief Financial Officer 511 LOBO LANE, LITTLE ELM TX 75068
Amy Mack director 1701 LEGACY DRIVE SUITE 100, FRISCO TX 75034
Clarence D Zierhut director 1217 BLUEBIRD LANE, GARLAND TX 75042
Lillian E Salerno 10 percent owner 777 7TH AVENUE, UNIT 308, WASHINGTON DC 20001
Suzanne M August 10 percent owner 340 NORTH JULIA CIRCLE, ST. PETERSBURG FL 33706
Steven R Wisner director, officer: Exec. VP, Eng & Prod. 511 LOBO LANE, PO BOX 9, LITTLE ELM TX 75068
Marco Laterza director P.O. BOX 64104, EL PASO TX 79904
Jimmie Shiu director 511 LOBO LANE, P.O. BOX 9, LITTLE ELM TX 75068
Patti King director 9145 MARTIN ROAD, ROSWELL GA 30076
Michele Larios officer: Vice President/General Counsel 511 LOBO LANE, LITTLE ELM TX 75068

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