TKXHF (TrackX Holdings) Cyclically Adjusted PS Ratio: (As of Sep. 10, 2026)

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What is TrackX Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TrackX Holdings  (OTCPK:TKXHF) 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.


TrackX Holdings Cyclically Adjusted PS Ratio Related Terms


TrackX Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for TrackX Holdings'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.

TrackX Holdings Cyclically Adjusted PS Ratio Chart

TrackX Holdings Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TrackX Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 0.00 0.00 0.00 0.00 0.00

TKXHF vs CRM, INTU, NOW: Cyclically Adjusted PS Ratio Comparison

For the Software - Application subindustry, TrackX Holdings'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.


TrackX Holdings Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, TrackX Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TrackX Holdings 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.

TrackX Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2022 is calculated as:

For example, TrackX Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=0.002/120.8059*120.8059
=0.002

Current CPI (Jun. 2022) = 120.8059.

TrackX Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201209 0.000 96.392 0.000
201212 0.000 95.760 0.000
201303 0.000 97.103 0.000
201306 0.000 97.182 0.000
201309 0.000 97.419 0.000
201312 0.000 96.945 0.000
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.446 100.500 0.536
201509 0.050 100.421 0.060
201512 0.063 99.947 0.076
201603 0.032 101.054 0.038
201606 0.010 102.002 0.012
201609 0.007 101.765 0.008
201612 0.022 101.449 0.026
201703 0.018 102.634 0.021
201706 0.011 103.029 0.013
201709 0.015 103.345 0.018
201712 0.011 103.345 0.013
201803 0.019 105.004 0.022
201806 0.022 105.557 0.025
201809 0.007 105.636 0.008
201812 0.021 105.399 0.024
201903 0.017 106.979 0.019
201906 0.014 107.690 0.016
201909 0.011 107.611 0.012
201912 0.012 107.769 0.013
202003 0.009 107.927 0.010
202006 0.009 108.401 0.010
202009 0.006 108.164 0.007
202012 0.008 108.559 0.009
202103 0.002 110.298 0.002
202106 0.004 111.720 0.004
202109 0.009 112.905 0.010
202112 0.003 113.774 0.003
202203 0.002 117.646 0.002
202206 0.002 120.806 0.002

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.


TrackX Holdings Business Description

Address 800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
TrackX Holdings Inc is an enterprise asset management company deploying SaaS based solutions leveraging multiple auto-ID and sensor technologies for the comprehensive tracking and management of physical assets. TrackX's Global Asset Management for Enterprises (GAME) platform enables the Industrial Internet of Things (IIoT) by providing item level tracking, workflow processing, event management, alerting and powerful analytics to deliver solutions across a growing number of industries. Its customers are in industries such as transportation, beverage, brewery, healthcare, hi-tech, hospitality, mining, agriculture, horticulture, manufacturing and government.