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FinCanna Capital (XCNQ:CALI.X) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is FinCanna Capital Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FinCanna Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for FinCanna Capital'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.

FinCanna Capital Cyclically Adjusted PS Ratio Chart

FinCanna Capital Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.89 -

FinCanna Capital 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 - - - - -

Competitive Comparison of FinCanna Capital's Cyclically Adjusted PS Ratio

For the Credit Services subindustry, FinCanna Capital'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.


FinCanna Capital's Cyclically Adjusted PS Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, FinCanna Capital's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



FinCanna Capital 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.

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

For example, FinCanna Capital'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)
=0/125.0724*125.0724
=0.000

Current CPI (Jan. 2024) = 125.0724.

FinCanna Capital 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
201801 0.104 104.056 0.125
201804 0.048 105.320 0.057
201807 0.046 106.110 0.054
201810 0.050 105.952 0.059
201901 0.050 105.557 0.059
201904 0.053 107.453 0.062
201907 0.029 108.243 0.034
201910 0.029 107.927 0.034
202001 0.025 108.085 0.029
202004 -0.005 107.216 -0.006
202007 0.005 108.401 0.006
202010 0.007 108.638 0.008
202101 0.007 109.192 0.008
202104 -0.004 110.851 -0.005
202107 0.007 112.431 0.008
202110 0.000 113.695 0.000
202201 0.000 114.801 0.000
202204 -0.006 118.357 -0.006
202207 0.000 120.964 0.000
202210 0.000 121.517 0.000
202301 0.000 121.596 0.000
202304 0.000 123.571 0.000
202307 0.000 124.914 0.000
202310 0.000 125.310 0.000
202401 0.000 125.072 0.000

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.


FinCanna Capital  (XCNQ:CALI.X) 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.


FinCanna Capital Cyclically Adjusted PS Ratio Related Terms

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FinCanna Capital (XCNQ:CALI.X) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 550, Vancouver, BC, CAN, V6C 2V6
FinCanna Capital Corp is a Canada based royalty investment company for licensed medical cannabis. The organization operates in one business segment, being a financier of companies operating in the cannabis sector located in the United States.

FinCanna Capital (XCNQ:CALI.X) Headlines

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