GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Indiva Ltd (TSXV:NDVA) » Definitions » Cyclically Adjusted PS Ratio

Indiva (TSXV:NDVA) Cyclically Adjusted PS Ratio : 0.17 (As of Jun. 11, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Indiva Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Indiva's current share price is C$0.03. Indiva's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.18. Indiva's Cyclically Adjusted PS Ratio for today is 0.17.

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

TSXV:NDVA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 3.14   Max: 52
Current: 0.23

During the past years, Indiva's highest Cyclically Adjusted PS Ratio was 52.00. The lowest was 0.12. And the median was 3.14.

TSXV:NDVA's Cyclically Adjusted PS Ratio is ranked better than
92.87% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.06 vs TSXV:NDVA: 0.23

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.

Indiva's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.049. 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$0.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Indiva Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Indiva'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.

Indiva Cyclically Adjusted PS Ratio Chart

Indiva Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.94 3.88 2.82 0.66 0.54

Indiva Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.12 0.20 0.54 0.45

Competitive Comparison of Indiva's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Indiva'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.


Indiva's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Indiva's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Indiva 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.03/0.18
=0.17

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.049/126.2576*126.2576
=0.049

Current CPI (Mar. 2024) = 126.2576.

Indiva Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.000 98.920 0.000
201407 0.000 99.315 0.000
201410 0.000 99.473 0.000
201501 0.000 98.209 0.000
201504 0.000 99.710 0.000
201507 0.000 100.579 0.000
201510 0.000 100.500 0.000
201601 0.000 100.184 0.000
201604 0.000 101.370 0.000
201607 0.000 101.844 0.000
201610 0.000 102.002 0.000
201701 0.000 102.318 0.000
201704 0.000 103.029 0.000
201707 0.000 103.029 0.000
201710 0.000 103.424 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.001 105.399 0.001
201903 0.003 106.979 0.004
201906 0.002 107.690 0.002
201909 0.002 107.611 0.002
201912 0.004 107.769 0.005
202003 0.024 107.927 0.028
202006 0.029 108.401 0.034
202009 0.030 108.164 0.035
202012 0.064 108.559 0.074
202103 0.052 110.298 0.060
202106 0.066 111.720 0.075
202109 0.056 112.905 0.063
202112 0.065 113.774 0.072
202203 0.061 117.646 0.065
202206 0.056 120.806 0.059
202209 0.055 120.648 0.058
202212 0.063 120.964 0.066
202303 0.063 122.702 0.065
202306 0.049 124.203 0.050
202309 0.053 125.230 0.053
202312 0.058 125.072 0.059
202403 0.049 126.258 0.049

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.


Indiva  (TSXV:NDVA) 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.


Indiva Cyclically Adjusted PS Ratio Related Terms

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


Indiva (TSXV:NDVA) Business Description

Industry
Traded in Other Exchanges
Address
333 Preston Street, Suite 710, Ottawa, ON, CAN, K1S 1N4
Indiva Ltd sets the standard for quality and innovation in cannabis. As a Canadian licensed producer, the company produces and distributes award-winning cannabis products nationally, including Bhang Chocolate, Wana Sour Gummies, Slow Ride Bakery Cookies, Jewels Chewable Tablets, Ruby Cannabis Sugar, Sapphire Cannabis Salt, as well as capsules, pre-rolls and premium flower under the INDIVA and Artisan Batch brands.
Executives
Tweed Inc. 10% Security Holder

Indiva (TSXV:NDVA) Headlines

No Headlines