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Novelion Therapeutics (TSX:NVLN) Cyclically Adjusted PS Ratio : (As of May. 10, 2024)


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What is Novelion Therapeutics Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Novelion Therapeutics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Novelion Therapeutics'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.

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Novelion Therapeutics Cyclically Adjusted PS Ratio Chart

Novelion Therapeutics Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PS Ratio
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Novelion Therapeutics Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Novelion Therapeutics's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Novelion Therapeutics'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.


Novelion Therapeutics's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Novelion Therapeutics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Novelion Therapeutics 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.

Novelion Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2019 is calculated as:

For example, Novelion Therapeutics's adjusted Revenue per Share data for the three months ended in Mar. 2019 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2019 (Change)*Current CPI (Mar. 2019)
=2.283/106.9792*106.9792
=2.283

Current CPI (Mar. 2019) = 106.9792.

Novelion Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200906 1.106 90.940 1.301
200909 0.868 90.624 1.025
200912 1.050 90.703 1.238
201003 1.290 91.335 1.511
201006 1.211 91.809 1.411
201009 0.858 92.362 0.994
201012 -3.418 92.836 -3.939
201103 0.852 94.338 0.966
201106 1.226 94.654 1.386
201109 0.000 95.286 0.000
201112 0.000 94.970 0.000
201203 0.000 96.155 0.000
201206 0.000 96.076 0.000
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 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 1.347 101.449 1.420
201703 2.165 102.634 2.257
201706 2.920 103.029 3.032
201709 1.888 103.345 1.954
201712 2.661 103.345 2.755
201803 1.900 105.004 1.936
201806 2.232 105.557 2.262
201809 2.097 105.636 2.124
201812 2.901 105.399 2.944
201903 2.283 106.979 2.283

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.


Novelion Therapeutics  (TSX:NVLN) 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.


Novelion Therapeutics Cyclically Adjusted PS Ratio Related Terms

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Novelion Therapeutics (TSX:NVLN) Business Description

Traded in Other Exchanges
N/A
Address
c/o Norton Rose Fulbright, 1800 West Georgia Street, Suite 510, Vancouver, BC, CAN, V6B 0M3
Headquartered in Vancouver, Canada, QLT is a biotechnology company that researches and develops products used to treat conditions of the eye. After a recent board change, QLT divested its only marketed product, a laser treatment called Visudyne for the treatment of wet age-related macular degeneration and subfoveal choroidal neovascularization. QLT also earns royalty payments on other certain previously divested products. Following recent pipeline changes, the company currently has one product in development for two rare eye conditions.

Novelion Therapeutics (TSX:NVLN) Headlines

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