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Binovi Technologies (TSXV:VISN.H) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is Binovi Technologies Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Binovi Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Binovi Technologies'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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Binovi Technologies Cyclically Adjusted PS Ratio Chart

Binovi Technologies Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Cyclically Adjusted PS Ratio
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Binovi Technologies Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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Competitive Comparison of Binovi Technologies's Cyclically Adjusted PS Ratio

For the Health Information Services subindustry, Binovi Technologies'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.


Binovi Technologies's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Binovi Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Binovi Technologies 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.

Binovi Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2022 is calculated as:

For example, Binovi Technologies's adjusted Revenue per Share data for the three months ended in Feb. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2022 (Change)*Current CPI (Feb. 2022)
=-0.003/115.9863*115.9863
=-0.003

Current CPI (Feb. 2022) = 115.9863.

Binovi Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201205 0.000 96.471 0.000
201208 0.000 96.234 0.000
201211 0.000 96.313 0.000
201302 0.000 96.945 0.000
201305 0.000 97.182 0.000
201308 0.000 97.261 0.000
201311 0.000 97.182 0.000
201402 0.000 98.051 0.000
201405 0.000 99.394 0.000
201408 0.000 99.315 0.000
201411 0.000 99.078 0.000
201502 0.000 99.078 0.000
201505 0.000 100.263 0.000
201508 0.000 100.579 0.000
201511 0.036 100.421 0.042
201602 0.101 100.421 0.117
201605 0.059 101.765 0.067
201608 0.028 101.686 0.032
201611 0.063 101.607 0.072
201702 0.029 102.476 0.033
201705 0.087 103.108 0.098
201708 0.045 103.108 0.051
201711 0.038 103.740 0.042
201802 -0.009 104.688 -0.010
201805 0.100 105.399 0.110
201808 0.227 106.031 0.248
201811 0.236 105.478 0.260
201902 0.109 106.268 0.119
201905 0.170 107.927 0.183
201908 0.173 108.085 0.186
201911 0.098 107.769 0.105
202002 0.035 108.559 0.037
202005 0.022 107.532 0.024
202008 0.023 108.243 0.025
202011 0.031 108.796 0.033
202102 0.014 109.745 0.015
202105 0.007 111.404 0.007
202108 0.006 112.668 0.006
202111 0.003 113.932 0.003
202202 -0.003 115.986 -0.003

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.


Binovi Technologies  (TSXV:VISN.H) 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.


Binovi Technologies Cyclically Adjusted PS Ratio Related Terms

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Binovi Technologies (TSXV:VISN.H) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Binovi Technologies Corp is engaged in the development and commercialization of visual and neuro-cognitive processing products and manufacturing hardware and software for diagnosing and remediating visual perception disorders. The company has three geographical segments; the United States, Canada, and Other. it derives a majority of its revenue from the United States.

Binovi Technologies (TSXV:VISN.H) Headlines

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