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Baylin Technologies (TSX:BYL) Cyclically Adjusted PS Ratio : 0.08 (As of Apr. 28, 2024)


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What is Baylin Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Baylin Technologies's current share price is C$0.26. Baylin Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$3.38. Baylin Technologies's Cyclically Adjusted PS Ratio for today is 0.08.

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

TSX:BYL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.09   Max: 0.13
Current: 0.08

During the past years, Baylin Technologies's highest Cyclically Adjusted PS Ratio was 0.13. The lowest was 0.05. And the median was 0.09.

TSX:BYL's Cyclically Adjusted PS Ratio is ranked better than
96.61% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs TSX:BYL: 0.08

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.

Baylin Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was C$-0.009. 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$3.38 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Baylin Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Baylin Technologies'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.

Baylin Technologies Cyclically Adjusted PS Ratio Chart

Baylin Technologies 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 - - - 0.10 0.05

Baylin Technologies 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 0.10 0.13 0.11 0.09 0.05

Competitive Comparison of Baylin Technologies's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Baylin Technologies'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.


Baylin Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Baylin Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Baylin Technologies 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.

Baylin Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.26/3.38
=0.08

* 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.

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

For example, Baylin Technologies'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)
=-0.009/125.4675*125.4675
=-0.009

Current CPI (Dec. 2023) = 125.4675.

Baylin Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.678 98.604 0.863
201406 0.619 99.473 0.781
201409 0.785 99.394 0.991
201412 0.655 98.367 0.835
201503 0.544 99.789 0.684
201506 0.651 100.500 0.813
201509 0.883 100.421 1.103
201512 1.050 99.947 1.318
201603 1.074 101.054 1.333
201606 1.008 102.002 1.240
201609 0.976 101.765 1.203
201612 1.082 101.449 1.338
201703 0.964 102.634 1.178
201706 0.952 103.029 1.159
201709 1.238 103.345 1.503
201712 0.937 103.345 1.138
201803 0.947 105.004 1.132
201806 1.043 105.557 1.240
201809 0.977 105.636 1.160
201812 0.900 105.399 1.071
201903 0.975 106.979 1.144
201906 1.191 107.690 1.388
201909 0.904 107.611 1.054
201912 0.746 107.769 0.869
202003 0.669 107.927 0.778
202006 0.761 108.401 0.881
202009 0.895 108.164 1.038
202012 0.607 108.559 0.702
202103 0.481 110.298 0.547
202106 0.423 111.720 0.475
202109 0.456 112.905 0.507
202112 0.344 113.774 0.379
202203 0.387 117.646 0.413
202206 0.376 120.806 0.391
202209 0.374 120.648 0.389
202212 -0.160 120.964 -0.166
202303 0.313 122.702 0.320
202306 0.302 124.203 0.305
202309 0.266 125.230 0.267
202312 -0.009 125.468 -0.009

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.


Baylin Technologies  (TSX:BYL) 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.


Baylin Technologies Cyclically Adjusted PS Ratio Related Terms

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


Baylin Technologies (TSX:BYL) Business Description

Traded in Other Exchanges
Address
4711 Yonge Street, Suite 503, Toronto, ON, CAN, M2N 6K8
Baylin Technologies Inc is a diversified wireless technology management company. It focuses on the research, design, development, manufacturing, and sales of passive and active radio frequency and terrestrial microwave products and services. The products are marketed and sold under the brand names Galtronics, Advantech Wireless, Alga Microwave, and Mitec VSAT.

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