Illumin Holdings (TSX:ILLM) Cyclically Adjusted PS Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:ILLM Illumin Holdings Inc TSX:ILLM
62 GF Score
Price C$0.69
GF Value C$2.19
Valuation Possible Value Trap
! 4 Warning Signs
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What is Illumin Holdings Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Illumin Holdings  (TSX:ILLM) 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.


Illumin Holdings Cyclically Adjusted PS Ratio Related Terms


Illumin Holdings Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Illumin 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.

Illumin Holdings Cyclically Adjusted PS Ratio Chart

Illumin Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.49 0.77 0.84 0.42

Illumin Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.81 0.59 0.42 0.31 0.26

TSX:ILLM vs APP, OMC, TTD: Cyclically Adjusted PS Ratio Comparison

For the Advertising Agencies subindustry, Illumin 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.


Illumin Holdings Cyclically Adjusted PS Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Illumin Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


TSX:ILLM
62GF Score
Illumin Holdings Inc TSX:ILLM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Illumin 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.

Illumin Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Illumin Holdings's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.97/133.5265*133.5265
=0.970

Current CPI (Jun. 2026) = 133.5265.

Illumin Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.350 101.765 0.459
201612 0.659 101.449 0.867
201703 0.369 102.634 0.480
201706 0.538 103.029 0.697
201709 0.451 103.345 0.583
201712 0.429 103.345 0.554
201803 0.227 105.004 0.289
201806 0.305 105.557 0.386
201809 0.490 105.636 0.619
201812 0.804 105.399 1.019
201903 0.675 106.979 0.843
201906 0.550 107.690 0.682
201909 0.563 107.611 0.699
201912 0.806 107.769 0.999
202003 0.494 107.927 0.611
202006 0.395 108.401 0.487
202009 0.518 108.164 0.639
202012 0.656 108.559 0.807
202103 0.505 110.298 0.611
202106 0.522 111.720 0.624
202109 0.453 112.905 0.536
202112 0.596 113.774 0.699
202203 0.391 117.646 0.444
202206 0.469 120.806 0.518
202209 0.492 120.648 0.545
202212 0.704 120.964 0.777
202303 0.466 122.702 0.507
202306 0.590 124.203 0.634
202309 0.524 125.230 0.559
202312 0.717 125.072 0.765
202403 0.488 126.258 0.516
202406 0.563 127.522 0.590
202409 0.713 127.285 0.748
202412 0.980 127.364 1.027
202503 0.567 129.181 0.586
202506 0.641 129.892 0.659
202509 0.739 130.287 0.757
202512 0.835 130.366 0.855
202603 0.680 132.262 0.686
202606 0.970 133.527 0.970

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.

Is Illumin Holdings (TSX:ILLM) Overvalued in 2026?

Based on GuruFocus' analysis, Illumin Holdings stock appears to be undervalued. The current stock price of C$0.69 is trading 68.5% below its estimated GF Value™ of C$2.19. GuruFocus considers Illumin Holdings to be Possible Value Trap.

Key valuation signals for TSX:ILLM:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: C$2.19 vs. price of C$0.69 (68.5% below fair value)
  • GF Score™: 62/100 with 4 warning signs

No single metric tells the full story. See the TSX:ILLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Illumin Holdings Business Description

Other Exchanges ILLMF:USAK3S0:Germany
Address 70 University Avenue, Suite 1200, Toronto, ON, CAN, M5J 2M4
Illumin Holdings Inc is a provider of targeted digital media solutions, enabling advertisers to connect intelligently with their audiences across online display, video, connected TV, social, and mobile campaigns. The group's geographic regions are the United States, Canada, Europe, LATAM, and Others. It generates the majority of its revenue from the United States. Its product technologies are Platform, Canvas, Data Intelligence, and Channels.
62GF Score

Get the complete analysis for TSX:ILLM

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.69
Price
C$2.19
GF Value