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Biorem (TSXV:BRM) Cyclically Adjusted PS Ratio : 2.00 (As of May. 18, 2024)


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What is Biorem Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Biorem's current share price is C$1.98. Biorem's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.99. Biorem's Cyclically Adjusted PS Ratio for today is 2.00.

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

TSXV:BRM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.37   Max: 2.08
Current: 1.99

During the past years, Biorem's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.08. And the median was 0.37.

TSXV:BRM's Cyclically Adjusted PS Ratio is ranked worse than
60.26% of 2192 companies
in the Industrial Products industry
Industry Median: 1.44 vs TSXV:BRM: 1.99

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.

Biorem's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.766. 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 C$0.99 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Biorem Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Biorem'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.

Biorem Cyclically Adjusted PS Ratio Chart

Biorem 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 0.43 0.65 1.09 0.95 1.01

Biorem 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 0.95 1.09 1.08 0.88 1.01

Competitive Comparison of Biorem's Cyclically Adjusted PS Ratio

For the Pollution & Treatment Controls subindustry, Biorem'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.


Biorem's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Biorem's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Biorem 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.

Biorem's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.98/0.99
=2.00

* 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.

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

For example, Biorem'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)
=0.766/125.0724*125.0724
=0.766

Current CPI (Dec. 2023) = 125.0724.

Biorem Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.149 98.604 0.189
201406 0.177 99.473 0.223
201409 0.176 99.394 0.221
201412 0.305 98.367 0.388
201503 0.355 99.789 0.445
201506 0.138 100.500 0.172
201509 0.108 100.421 0.135
201512 0.218 99.947 0.273
201603 0.224 101.054 0.277
201606 0.158 102.002 0.194
201609 0.103 101.765 0.127
201612 0.191 101.449 0.235
201703 0.197 102.634 0.240
201706 0.147 103.029 0.178
201709 0.134 103.345 0.162
201712 0.222 103.345 0.269
201803 0.100 105.004 0.119
201806 0.133 105.557 0.158
201809 0.112 105.636 0.133
201812 0.281 105.399 0.333
201903 0.105 106.979 0.123
201906 0.161 107.690 0.187
201909 0.167 107.611 0.194
201912 0.104 107.769 0.121
202003 0.149 107.927 0.173
202006 0.154 108.401 0.178
202009 0.093 108.164 0.108
202012 0.190 108.559 0.219
202103 0.082 110.298 0.093
202106 0.140 111.720 0.157
202109 0.113 112.905 0.125
202112 0.379 113.774 0.417
202203 0.304 117.646 0.323
202206 0.364 120.806 0.377
202209 0.433 120.648 0.449
202212 0.558 120.964 0.577
202303 0.205 122.702 0.209
202306 0.273 124.203 0.275
202309 0.315 125.230 0.315
202312 0.766 125.072 0.766

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.


Biorem  (TSXV:BRM) 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.


Biorem Cyclically Adjusted PS Ratio Related Terms

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


Biorem (TSXV:BRM) Business Description

Traded in Other Exchanges
Address
7496 Wellington Road 34, RR Number 3, Puslinch, Guelph, ON, CAN, N1H 6H9
Biorem Inc is an environmental biotechnology company. It designs, manufactures and distributes a comprehensive line of air emissions control systems used to eliminate odours, volatile organic compounds, and hazardous air pollutants. The company's products include Biofilters, Biogas Solutions, Multi-Stage Systems, Biotrickling filters, and services such as Media Sampling and Analysis, Biological processes and testing, Media replacements and Spare parts, and other related services. The company derives revenues from the sale of standard products, construction projects for specialized products, and services for repairs and maintenance. The group has a business presence in Canada, the United States, China and others, of which key revenue is derived from the United States.

Biorem (TSXV:BRM) Headlines

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