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NanoXplore (TSX:GRA) Cyclically Adjusted PS Ratio : 4.58 (As of Apr. 27, 2024)


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What is NanoXplore Cyclically Adjusted PS Ratio?

As of today (2024-04-27), NanoXplore's current share price is C$2.61. NanoXplore's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.57. NanoXplore's Cyclically Adjusted PS Ratio for today is 4.58.

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

TSX:GRA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.95   Med: 6.23   Max: 107.5
Current: 3.81

During the past years, NanoXplore's highest Cyclically Adjusted PS Ratio was 107.50. The lowest was 2.95. And the median was 6.23.

TSX:GRA's Cyclically Adjusted PS Ratio is ranked worse than
83.61% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs TSX:GRA: 3.81

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.

NanoXplore's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.169. 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$0.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


NanoXplore Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NanoXplore'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.

NanoXplore Cyclically Adjusted PS Ratio Chart

NanoXplore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.07 3.75 9.98 6.50 5.80

NanoXplore 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 4.95 6.02 5.80 4.62 4.24

Competitive Comparison of NanoXplore's Cyclically Adjusted PS Ratio

For the Chemicals subindustry, NanoXplore'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.


NanoXplore's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, NanoXplore's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



NanoXplore 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.

NanoXplore's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.61/0.57
=4.58

* 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.

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

For example, NanoXplore'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)
=0.169/125.4675*125.4675
=0.169

Current CPI (Dec. 2023) = 125.4675.

NanoXplore Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 98.604 0.000
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
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 0.009 103.345 0.011
201712 0.022 103.345 0.027
201803 0.037 105.004 0.044
201806 0.037 105.557 0.044
201809 0.044 105.636 0.052
201812 0.235 105.399 0.280
201903 0.190 106.979 0.223
201906 0.197 107.690 0.230
201909 0.168 107.611 0.196
201912 0.144 107.769 0.168
202003 0.120 107.927 0.140
202006 0.075 108.401 0.087
202009 0.094 108.164 0.109
202012 0.114 108.559 0.132
202103 0.116 110.298 0.132
202106 0.124 111.720 0.139
202109 0.113 112.905 0.126
202112 0.116 113.774 0.128
202203 0.174 117.646 0.186
202206 0.170 120.806 0.177
202209 0.164 120.648 0.171
202212 0.190 120.964 0.197
202303 0.187 122.702 0.191
202306 0.195 124.203 0.197
202309 0.169 125.230 0.169
202312 0.169 125.468 0.169

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.


NanoXplore  (TSX:GRA) 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.


NanoXplore Cyclically Adjusted PS Ratio Related Terms

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


NanoXplore (TSX:GRA) Business Description

Industry
Traded in Other Exchanges
Address
4500 Thimens Boulevard, Montreal, QC, CAN, H4R 2P2
NanoXplore Inc is a graphene company, manufacturer, and supplier of high-volume graphene powder for use in industrial markets. The company provides graphene-enhanced plastic and composite products to various customers in transportation, packaging, electronics, and other industrial sectors. Geographically, it generates a majority of revenue from the United States.

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