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Ether Capital (NEOE:ETHC) Cyclically Adjusted PS Ratio : 54.71 (As of Apr. 28, 2024)


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What is Ether Capital Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Ether Capital's current share price is C$3.83. Ether Capital's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.07. Ether Capital's Cyclically Adjusted PS Ratio for today is 54.71.

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

NEOE:ETHC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.61   Med: 9.89   Max: 64.29
Current: 56.83

During the past years, Ether Capital's highest Cyclically Adjusted PS Ratio was 64.29. The lowest was 2.61. And the median was 9.89.

NEOE:ETHC's Cyclically Adjusted PS Ratio is ranked worse than
97.72% of 876 companies
in the Asset Management industry
Industry Median: 7.44 vs NEOE:ETHC: 56.83

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.

Ether Capital's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.040. 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 C$0.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ether Capital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ether 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.

Ether Capital Cyclically Adjusted PS Ratio Chart

Ether Capital 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 - - 9.57 29.90 42.73

Ether Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 29.90 35.60 32.94 27.57 42.73

Competitive Comparison of Ether Capital's Cyclically Adjusted PS Ratio

For the Asset Management subindustry, Ether 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.


Ether Capital's Cyclically Adjusted PS Ratio Distribution in the Asset Management Industry

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

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



Ether 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.

Ether Capital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.83/0.07
=54.71

* 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.

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

For example, Ether Capital'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)
=0.04/125.4675*125.4675
=0.040

Current CPI (Dec. 2023) = 125.4675.

Ether Capital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.004 98.604 0.005
201406 0.002 99.473 0.003
201409 0.003 99.394 0.004
201412 0.001 98.367 0.001
201503 0.001 99.789 0.001
201506 0.001 100.500 0.001
201509 0.000 100.421 0.000
201512 0.004 99.947 0.005
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.000 106.979 0.000
201906 0.004 107.690 0.005
201909 0.000 107.611 0.000
201912 0.000 107.769 0.000
202003 0.000 107.927 0.000
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 0.000 108.559 0.000
202103 0.003 110.298 0.003
202106 0.009 111.720 0.010
202109 0.011 112.905 0.012
202112 0.019 113.774 0.021
202203 0.035 117.646 0.037
202206 0.032 120.806 0.033
202209 0.020 120.648 0.021
202212 0.022 120.964 0.023
202303 0.034 122.702 0.035
202306 0.042 124.203 0.042
202309 0.034 125.230 0.034
202312 0.040 125.468 0.040

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.


Ether Capital  (NEOE:ETHC) 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.


Ether Capital Cyclically Adjusted PS Ratio Related Terms

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


Ether Capital (NEOE:ETHC) Business Description

Traded in Other Exchanges
Address
130 Adelaide Street West, Suite 3100, 31st Floor, Toronto, ON, CAN, M5H 3P5
Ether Capital Corp is a Canada based technology company focused on becoming the central business and investment hub for the Ethereum ecosystem. Its portfolio includes Ether which is the native Ethereum crypto-asset and is the commodity-like fuel used to access the Ethereum network and broadcast transactions; MakerDao which is a decentralized credit platform built on Ethereum in which collateral is leveraged to produce a stable coin; and Wyre which is a cryptocurrency exchange and technology platform based in San Francisco that is focused on building compliant fiat-to-crypto on and off ramps.

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