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Zecotek Photonics (Zecotek Photonics) Cyclically Adjusted PS Ratio : (As of Jun. 11, 2024)


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What is Zecotek Photonics Cyclically Adjusted PS Ratio?

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Zecotek Photonics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Zecotek Photonics'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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Zecotek Photonics Cyclically Adjusted PS Ratio Chart

Zecotek Photonics Annual Data
Trend Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19
Cyclically Adjusted PS Ratio
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Zecotek Photonics Quarterly Data
Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20
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Competitive Comparison of Zecotek Photonics's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Zecotek Photonics'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.


Zecotek Photonics's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zecotek Photonics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Zecotek Photonics 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.

Zecotek Photonics's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2020 is calculated as:

For example, Zecotek Photonics's adjusted Revenue per Share data for the three months ended in Apr. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2020 (Change)*Current CPI (Apr. 2020)
=0/107.2162*107.2162
=0.000

Current CPI (Apr. 2020) = 107.2162.

Zecotek Photonics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201007 0.000 92.283 0.000
201010 0.000 92.757 0.000
201101 0.000 93.074 0.000
201104 0.000 94.654 0.000
201107 0.000 94.812 0.000
201110 0.000 95.444 0.000
201201 0.000 95.365 0.000
201204 0.000 96.550 0.000
201207 0.000 95.997 0.000
201210 0.000 96.550 0.000
201301 0.000 95.839 0.000
201304 0.000 96.945 0.000
201307 0.000 97.261 0.000
201310 0.000 97.182 0.000
201401 0.000 97.261 0.000
201404 0.000 98.920 0.000
201407 0.000 99.315 0.000
201410 0.001 99.473 0.001
201501 0.001 98.209 0.001
201504 0.001 99.710 0.001
201507 0.001 100.579 0.001
201510 0.001 100.500 0.001
201601 0.004 100.184 0.004
201604 0.002 101.370 0.002
201607 0.002 101.844 0.002
201610 0.001 102.002 0.001
201701 0.000 102.318 0.000
201704 0.001 103.029 0.001
201707 0.000 103.029 0.000
201710 0.001 103.424 0.001
201801 0.000 104.056 0.000
201804 0.000 105.320 0.000
201807 0.000 106.110 0.000
201810 0.000 105.952 0.000
201901 0.000 105.557 0.000
201904 0.000 107.453 0.000
201907 0.001 108.243 0.001
201910 0.000 107.927 0.000
202001 0.000 108.085 0.000
202004 0.000 107.216 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.


Zecotek Photonics  (OTCPK:ZMSPF) 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.


Zecotek Photonics Cyclically Adjusted PS Ratio Related Terms

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Zecotek Photonics (Zecotek Photonics) Business Description

Traded in Other Exchanges
N/A
Address
6900 Graybar Road, Unit 2325, Richmond, BC, CAN, V6W 0A5
Zecotek Photonics Inc is in the business of research and development of photonics technologies. The company is focused on creating advanced materials and integrated optoelectronic devices for high-resolution medical imaging, optical precision surgery, and biopharmaceutical research. It operates in three divisions which include Imaging systems, Optronics systems, and 3D display systems with labs located in Canada, Korea, Russia, Singapore, and the U.S.A. The company develops products such as scintillation crystals, solid-state, photodetectors, positron emission tomography scanning components, lasers, and 3D display and 3D printing technologies. These products are used in sectors such as healthcare, scientific and industrial.