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Lineage Cell Therapeutics (XTAE:LCTX) Cyclically Adjusted PS Ratio : 39.21 (As of May. 21, 2024)


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What is Lineage Cell Therapeutics Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Lineage Cell Therapeutics's current share price is ₪3.921. Lineage Cell Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₪0.10. Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio for today is 39.21.

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

XTAE:LCTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 19.67   Med: 54   Max: 139.5
Current: 32.42

During the past years, Lineage Cell Therapeutics's highest Cyclically Adjusted PS Ratio was 139.50. The lowest was 19.67. And the median was 54.00.

XTAE:LCTX's Cyclically Adjusted PS Ratio is ranked worse than
89.15% of 507 companies
in the Biotechnology industry
Industry Median: 5.55 vs XTAE:LCTX: 32.42

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.

Lineage Cell Therapeutics's adjusted revenue per share data for the three months ended in Mar. 2024 was ₪0.029. 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 ₪0.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Lineage Cell Therapeutics'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.

Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Chart

Lineage Cell Therapeutics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.92 65.71 89.83 34.98 33.06

Lineage Cell Therapeutics 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 43.96 40.19 33.93 33.06 44.43

Competitive Comparison of Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Lineage Cell Therapeutics'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.


Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Lineage Cell Therapeutics 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.

Lineage Cell Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.921/0.1
=39.21

* 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.

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

For example, Lineage Cell Therapeutics'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)
=0.029/131.7762*131.7762
=0.029

Current CPI (Mar. 2024) = 131.7762.

Lineage Cell Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.028 100.560 0.037
201409 0.030 100.428 0.039
201412 0.021 99.070 0.028
201503 0.027 99.621 0.036
201506 0.027 100.684 0.035
201509 0.039 100.392 0.051
201512 0.025 99.792 0.033
201603 0.024 100.470 0.031
201606 0.019 101.688 0.025
201609 0.014 101.861 0.018
201612 0.027 101.863 0.035
201703 0.013 102.862 0.017
201706 0.013 103.349 0.017
201709 0.015 104.136 0.019
201712 0.017 104.011 0.022
201803 0.011 105.290 0.014
201806 0.018 106.317 0.022
201809 0.008 106.507 0.010
201812 0.005 105.998 0.006
201903 0.005 107.251 0.006
201906 0.006 108.070 0.007
201909 0.005 108.329 0.006
201912 0.020 108.420 0.024
202003 0.004 108.902 0.005
202006 0.002 108.767 0.002
202009 0.008 109.815 0.010
202012 0.004 109.897 0.005
202103 0.007 111.754 0.008
202106 0.010 114.631 0.011
202109 0.048 115.734 0.055
202112 0.021 117.630 0.024
202203 0.114 121.301 0.124
202206 0.099 125.017 0.104
202209 0.065 125.227 0.068
202212 0.042 125.222 0.044
202303 0.052 127.348 0.054
202306 0.070 128.729 0.072
202309 0.026 129.860 0.026
202312 0.044 129.419 0.045
202403 0.029 131.776 0.029

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.


Lineage Cell Therapeutics  (XTAE:LCTX) 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.


Lineage Cell Therapeutics Cyclically Adjusted PS Ratio Related Terms

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Lineage Cell Therapeutics (XTAE:LCTX) Business Description

Traded in Other Exchanges
Address
2173 Salk Avenue, Suite 200, Carlsbad, CA, USA, 92008
Lineage Cell Therapeutics Inc is a clinical-stage biotechnology company focused on the development and commercialization of novel therapies for the treatment of degenerative diseases. The company's pipeline is based on two platform technologies including cell replacement and cell/drug delivery. Lineage Cell's product candidate is OpRegen, a retinal pigment epithelium transplant therapy for the treatment of dry age-related macular degeneration, OPC1, an oligodendrocyte progenitor cell therapy for acute spinal cord injuries, and VAC2, allogeneic cancer immunotherapy of antigen-presenting dendritic cells for non-small cell lung cancer, ANP1, an allogeneic auditory neuron progenitor cell transplant for hearing loss, and PNC1, an allogeneic photoreceptor cell transplant for vision loss.

Lineage Cell Therapeutics (XTAE:LCTX) Headlines

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