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Voyager Digital (Voyager Digital) Cyclically Adjusted PS Ratio : (As of May. 01, 2024)


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What is Voyager Digital Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Voyager Digital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Voyager Digital'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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Voyager Digital Cyclically Adjusted PS Ratio Chart

Voyager Digital Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted PS Ratio
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Voyager Digital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Voyager Digital's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Voyager Digital'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.


Voyager Digital's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Voyager Digital 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.

Voyager Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Voyager Digital's adjusted Revenue per Share data for the three months ended in Mar. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=0.6/121.3010*121.3010
=0.600

Current CPI (Mar. 2022) = 121.3010.

Voyager Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 0.000 96.819 0.000
201209 0.000 97.633 0.000
201212 0.000 96.871 0.000
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 0.000 98.326 0.000
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201612 0.000 101.863 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 0.001 107.251 0.001
201906 0.001 108.070 0.001
201909 0.001 108.329 0.001
201912 0.001 108.420 0.001
202003 0.004 108.902 0.004
202006 0.008 108.767 0.009
202009 0.018 109.815 0.020
202012 0.029 109.897 0.032
202103 0.430 111.754 0.467
202106 0.709 114.631 0.750
202109 0.510 115.734 0.535
202112 0.921 117.630 0.950
202203 0.600 121.301 0.600

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.


Voyager Digital  (OTCPK:VYGVQ) 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.


Voyager Digital Cyclically Adjusted PS Ratio Related Terms

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Voyager Digital (Voyager Digital) Business Description

Traded in Other Exchanges
N/A
Address
33 Irving Plaza, Suite 3060, New York, NY, USA, 10003
Voyager Digital Ltd through its subsidiary operates as a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. The company offers investors execution, data, wallet, and custody services through its institutional-grade open architecture platform.