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Alterity Therapeutics (Alterity Therapeutics) Cyclically Adjusted PS Ratio : (As of May. 15, 2024)


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What is Alterity Therapeutics Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alterity Therapeutics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alterity 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.

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Alterity Therapeutics Cyclically Adjusted PS Ratio Chart

Alterity Therapeutics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
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Alterity Therapeutics Quarterly Data
Jun18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Alterity Therapeutics's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Alterity 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.


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

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

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



Alterity 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.

Alterity Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Alterity Therapeutics's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0/125.6559*125.6559
=0.000

Current CPI (Dec. 2023) = 125.6559.

Alterity Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200806 0.322 85.071 0.476
200812 0.000 85.814 0.000
200906 0.000 86.278 0.000
200912 0.000 87.578 0.000
201006 0.000 88.971 0.000
201012 0.000 89.993 0.000
201106 0.000 92.129 0.000
201112 0.000 92.686 0.000
201206 0.000 93.244 0.000
201212 0.000 94.730 0.000
201306 0.000 95.473 0.000
201312 0.000 97.330 0.000
201406 0.000 98.352 0.000
201412 0.000 99.002 0.000
201506 0.000 99.838 0.000
201509 0.000 100.302 0.000
201512 0.000 100.673 0.000
201606 0.000 100.859 0.000
201612 0.000 102.159 0.000
201706 0.000 102.809 0.000
201712 0.000 104.110 0.000
201806 0.000 104.945 0.000
201812 0.000 105.967 0.000
201906 0.000 106.617 0.000
201909 0.000 107.174 0.000
201912 0.000 107.917 0.000
202006 0.000 106.246 0.000
202012 0.000 108.846 0.000
202103 0.000 109.496 0.000
202106 0.000 110.332 0.000
202109 0.000 111.168 0.000
202112 0.000 112.654 0.000
202203 0.000 115.069 0.000
202206 0.000 117.112 0.000
202209 0.000 119.248 0.000
202212 0.000 121.477 0.000
202303 0.000 123.148 0.000
202306 0.000 124.170 0.000
202309 0.000 125.656 0.000
202312 0.000 125.656 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.


Alterity Therapeutics  (NAS:ATHE) 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.


Alterity Therapeutics Cyclically Adjusted PS Ratio Related Terms

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Alterity Therapeutics (Alterity Therapeutics) Business Description

Traded in Other Exchanges
Address
350 Collins Street, Level 14, Melbourne, VIC, AUS, 3000
Alterity Therapeutics Ltd is active in the healthcare domain. The company is engaged in research collaborations for the treatment of Parkinsonian movement disorders, Alzheimer's disease, Huntington disease, and other neurodegenerative disorders. The company's lead drug candidate-PBT2 is being developed for the treatment of Alzheimer's and Huntington's diseases. It has also advanced a drug candidate for Parkinson's disease and other movement disorders (ATH434). The Group operated in one segment, being researching and developing Parkinsonian and other neurodegenerative disorders.

Alterity Therapeutics (Alterity Therapeutics) Headlines