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Airiq (TSXV:IQ) Cyclically Adjusted PS Ratio : 2.03 (As of Jun. 02, 2025)


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What is Airiq Cyclically Adjusted PS Ratio?

As of today (2025-06-02), Airiq's current share price is C$0.325. Airiq's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 was C$0.16. Airiq's Cyclically Adjusted PS Ratio for today is 2.03.

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

TSXV:IQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 1.45   Max: 3.67
Current: 2.07

During the past years, Airiq's highest Cyclically Adjusted PS Ratio was 3.67. The lowest was 0.03. And the median was 1.45.

TSXV:IQ's Cyclically Adjusted PS Ratio is ranked better than
50.47% of 1371 companies
in the Software industry
Industry Median: 2.1 vs TSXV:IQ: 2.07

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.

Airiq's adjusted revenue per share data for the three months ended in Dec. 2024 was C$0.042. 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$0.16 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Airiq Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Airiq'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.

Airiq Cyclically Adjusted PS Ratio Chart

Airiq Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 2.17 2.11 1.89 2.58

Airiq Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.90 2.58 2.52 2.82 2.61

Competitive Comparison of Airiq's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Airiq'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.


Airiq's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


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Airiq 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.325/0.16
=2.03

* 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.

Airiq's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Airiq's adjusted Revenue per Share data for the three months ended in Dec. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.042/127.3637*127.3637
=0.042

Current CPI (Dec. 2024) = 127.3637.

Airiq Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201503 0.023 99.789 0.029
201506 0.028 100.500 0.035
201509 0.026 100.421 0.033
201512 0.030 99.947 0.038
201603 0.030 101.054 0.038
201606 0.032 102.002 0.040
201609 0.026 101.765 0.033
201612 0.027 101.449 0.034
201703 0.023 102.634 0.029
201706 0.028 103.029 0.035
201709 0.027 103.345 0.033
201712 0.028 103.345 0.035
201803 0.022 105.004 0.027
201806 0.026 105.557 0.031
201809 0.035 105.636 0.042
201812 0.026 105.399 0.031
201903 0.035 106.979 0.042
201906 0.057 107.690 0.067
201909 0.046 107.611 0.054
201912 0.028 107.769 0.033
202003 0.031 107.927 0.037
202006 0.030 108.401 0.035
202009 0.030 108.164 0.035
202012 0.029 108.559 0.034
202103 0.032 110.298 0.037
202106 0.035 111.720 0.040
202109 0.038 112.905 0.043
202112 0.033 113.774 0.037
202203 0.034 117.646 0.037
202206 0.040 120.806 0.042
202209 0.038 120.648 0.040
202212 0.044 120.964 0.046
202303 0.045 122.702 0.047
202306 0.058 124.203 0.059
202309 0.044 125.230 0.045
202312 0.039 125.072 0.040
202403 0.041 126.258 0.041
202406 0.054 127.522 0.054
202409 0.041 127.285 0.041
202412 0.042 127.364 0.042

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.


Airiq  (TSXV:IQ) 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.


Airiq Cyclically Adjusted PS Ratio Related Terms

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


Airiq Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Airiq Inc (TSXV:IQ) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
1099 Kingstone Road, Suite 207, Pickering, ON, CAN, L1V 1B5
Airiq Inc is a pioneer in IoT-based asset management solutions. The company solutions allow commercial businesses to reliably, effectively, and efficiently monitor assets in near real-time. The company develops iOS and Android mobile and web-based applications, and cloud-based solutions that are standalone or that can be readily integrated with existing software. The company solutions are mixed fleet capable and provide fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options including a fully integrated video telematics camera solution and a battery-powered solution for non-powered assets.
Executives
Vernon Lobo Director, Director or Senior Officer of 10% Security Holder
Bora Kwak Senior Officer
Geoffrey Rotstein Director
Michael Robb Director, Senior Officer
Gabriel Bouchard-phillips Director
Vecima Networks Inc. 10% Security Holder