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Acceleware (TSXV:AXE) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


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What is Acceleware Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Acceleware Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Acceleware'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.

Acceleware Cyclically Adjusted PS Ratio Chart

Acceleware 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 2.14 6.31 19.97 11.03 -

Acceleware 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 11.03 7.43 7.11 6.33 -

Competitive Comparison of Acceleware's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Acceleware'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.


Acceleware's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Acceleware 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.

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

For example, Acceleware'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)
=0/125.4675*125.4675
=0.000

Current CPI (Dec. 2023) = 125.4675.

Acceleware Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.012 98.604 0.015
201406 0.012 99.473 0.015
201409 0.008 99.394 0.010
201412 0.012 98.367 0.015
201503 0.005 99.789 0.006
201506 0.010 100.500 0.012
201509 0.013 100.421 0.016
201512 0.015 99.947 0.019
201603 0.007 101.054 0.009
201606 0.006 102.002 0.007
201609 0.006 101.765 0.007
201612 0.002 101.449 0.002
201703 0.006 102.634 0.007
201706 0.004 103.029 0.005
201709 0.003 103.345 0.004
201712 0.002 103.345 0.002
201803 0.002 105.004 0.002
201806 0.004 105.557 0.005
201809 0.003 105.636 0.004
201812 0.035 105.399 0.042
201903 0.009 106.979 0.011
201906 0.002 107.690 0.002
201909 0.002 107.611 0.002
201912 0.001 107.769 0.001
202003 0.001 107.927 0.001
202006 0.006 108.401 0.007
202009 0.001 108.164 0.001
202012 0.001 108.559 0.001
202103 0.003 110.298 0.003
202106 0.001 111.720 0.001
202109 0.003 112.905 0.003
202112 0.001 113.774 0.001
202203 0.001 117.646 0.001
202206 0.001 120.806 0.001
202209 0.000 120.648 0.000
202212 0.001 120.964 0.001
202303 0.001 122.702 0.001
202306 0.001 124.203 0.001
202309 0.001 125.230 0.001
202312 0.000 125.468 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.


Acceleware  (TSXV:AXE) 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.


Acceleware Cyclically Adjusted PS Ratio Related Terms

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Acceleware (TSXV:AXE) Business Description

Industry
Traded in Other Exchanges
Address
435 - 10 Avenue SE, Calgary, AB, CAN, T2G 0W3
Acceleware Ltd is a Canadian clean-tech company. It is an innovator of radio frequency heating technologies that enable the electrification of industrial heat and promise a dramatic reduction in greenhouse gas (GHG) emissions. It has two operating segments, RF Heating, and High-performance computing. The company generates revenue from maintenance, software, and services. Geographically it generates a majority of its revenue from the USA.