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Vecima Networks (Vecima Networks) Cyclically Adjusted PS Ratio : 3.22 (As of Jun. 23, 2024)


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What is Vecima Networks Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Vecima Networks's current share price is $15.84. Vecima Networks's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.92. Vecima Networks's Cyclically Adjusted PS Ratio for today is 3.22.

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

VNWTF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.36   Max: 4.1
Current: 3.1

During the past years, Vecima Networks's highest Cyclically Adjusted PS Ratio was 4.10. The lowest was 1.75. And the median was 2.36.

VNWTF's Cyclically Adjusted PS Ratio is ranked worse than
79.93% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs VNWTF: 3.10

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.

Vecima Networks's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.434. 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 $4.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vecima Networks Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vecima Networks'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.

Vecima Networks Cyclically Adjusted PS Ratio Chart

Vecima Networks Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 2.45 3.61 3.14 2.88

Vecima Networks 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 3.95 2.88 2.85 2.56 2.99

Competitive Comparison of Vecima Networks's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Vecima Networks'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.


Vecima Networks's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Vecima Networks 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.

Vecima Networks's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.84/4.92
=3.22

* 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.

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

For example, Vecima Networks'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)
=2.434/126.2576*126.2576
=2.434

Current CPI (Mar. 2024) = 126.2576.

Vecima Networks Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.027 99.473 1.304
201409 0.938 99.394 1.192
201412 0.918 98.367 1.178
201503 0.820 99.789 1.037
201506 0.754 100.500 0.947
201509 0.868 100.421 1.091
201512 0.798 99.947 1.008
201603 0.964 101.054 1.204
201606 0.754 102.002 0.933
201609 0.710 101.765 0.881
201612 0.677 101.449 0.843
201703 0.523 102.634 0.643
201706 0.490 103.029 0.600
201709 0.540 103.345 0.660
201712 0.513 103.345 0.627
201803 0.830 105.004 0.998
201806 0.828 105.557 0.990
201809 0.732 105.636 0.875
201812 0.754 105.399 0.903
201903 0.680 106.979 0.803
201906 0.699 107.690 0.820
201909 0.679 107.611 0.797
201912 0.850 107.769 0.996
202003 0.788 107.927 0.922
202006 0.844 108.401 0.983
202009 0.919 108.164 1.073
202012 1.019 108.559 1.185
202103 1.107 110.298 1.267
202106 1.280 111.720 1.447
202109 1.107 112.905 1.238
202112 1.473 113.774 1.635
202203 1.738 117.646 1.865
202206 2.024 120.806 2.115
202209 2.380 120.648 2.491
202212 2.403 120.964 2.508
202303 2.361 122.702 2.429
202306 2.346 124.203 2.385
202309 1.868 125.230 1.883
202312 1.899 125.072 1.917
202403 2.434 126.258 2.434

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.


Vecima Networks  (OTCPK:VNWTF) 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.


Vecima Networks Cyclically Adjusted PS Ratio Related Terms

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


Vecima Networks (Vecima Networks) Business Description

Traded in Other Exchanges
Address
771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8
Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.