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International Parkside Products (TSXV:IPD) Cyclically Adjusted PS Ratio : 0.14 (As of Jun. 16, 2024)


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What is International Parkside Products Cyclically Adjusted PS Ratio?

As of today (2024-06-16), International Parkside Products's current share price is C$0.045. International Parkside Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was C$0.33. International Parkside Products's Cyclically Adjusted PS Ratio for today is 0.14.

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

TSXV:IPD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.25   Max: 0.74
Current: 0.14

During the past years, International Parkside Products's highest Cyclically Adjusted PS Ratio was 0.74. The lowest was 0.06. And the median was 0.25.

TSXV:IPD's Cyclically Adjusted PS Ratio is ranked better than
96.54% of 1213 companies
in the Chemicals industry
Industry Median: 1.21 vs TSXV:IPD: 0.14

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.

International Parkside Products's adjusted revenue per share data for the three months ended in Jan. 2024 was C$0.073. 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$0.33 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Parkside Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for International Parkside Products'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.

International Parkside Products Cyclically Adjusted PS Ratio Chart

International Parkside Products Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.20 0.23 0.14 0.21

International Parkside Products Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.15 0.12 0.21 0.15 0.08

Competitive Comparison of International Parkside Products's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, International Parkside Products'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.


International Parkside Products's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Parkside Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



International Parkside Products 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.

International Parkside Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.045/0.33
=0.14

* 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.

International Parkside Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, International Parkside Products's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.073/125.0724*125.0724
=0.073

Current CPI (Jan. 2024) = 125.0724.

International Parkside Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.088 98.920 0.111
201407 0.054 99.315 0.068
201410 0.070 99.473 0.088
201501 0.073 98.209 0.093
201504 0.051 99.710 0.064
201507 0.073 100.579 0.091
201510 0.059 100.500 0.073
201601 0.090 100.184 0.112
201604 0.066 101.370 0.081
201607 0.080 101.844 0.098
201610 0.087 102.002 0.107
201701 0.127 102.318 0.155
201704 0.085 103.029 0.103
201707 0.101 103.029 0.123
201710 0.150 103.424 0.181
201801 0.155 104.056 0.186
201804 0.093 105.320 0.110
201807 0.040 106.110 0.047
201810 0.082 105.952 0.097
201901 0.128 105.557 0.152
201904 0.040 107.453 0.047
201907 0.043 108.243 0.050
201910 0.057 107.927 0.066
202001 0.078 108.085 0.090
202004 0.046 107.216 0.054
202007 0.039 108.401 0.045
202010 0.057 108.638 0.066
202101 0.062 109.192 0.071
202104 0.072 110.851 0.081
202107 0.031 112.431 0.034
202110 0.084 113.695 0.092
202201 0.062 114.801 0.068
202204 0.036 118.357 0.038
202207 0.041 120.964 0.042
202210 0.082 121.517 0.084
202301 0.039 121.596 0.040
202304 0.040 123.571 0.040
202307 0.033 124.914 0.033
202310 0.065 125.310 0.065
202401 0.073 125.072 0.073

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.


International Parkside Products  (TSXV:IPD) 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.


International Parkside Products Cyclically Adjusted PS Ratio Related Terms

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


International Parkside Products (TSXV:IPD) Business Description

Traded in Other Exchanges
N/A
Address
304 – 788 Beatty Street, Vancouver, BC, CAN, V6B 2M1
International Parkside Products Inc through its subsidiaries is engaged in the business of producing and marketing optical and screen cleaning products. It uses patented carbon black and LCF technology for international distribution. It offers optical lens cleaning devices such as LensPen, PEEPS, DigiKlear, Mini-Pro, Mini-Pro II, MicroPro, Smartphone camera cleaner, Laptop Pro, ScreenKlean, FilterKlear, DSLR Pro Kit, SensorKlear, SensorKlear Loupe Kit, SmartKlear, HunterPro Kits, Outdoor Pro Kits, FogKlear, Photo Pro Kits, Hurricane blower, and Microfiber cloth. The company sells its product globally including North America which generates the majority of its revenue, Europe, Japan, Asia, Russia, Australia/New Zealand other countries.
Executives
Murray Keating 10% Security Holder

International Parkside Products (TSXV:IPD) Headlines

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