GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » DexCom Inc (BSP:D1EX34) » Definitions » Cyclically Adjusted PS Ratio

DexCom (BSP:D1EX34) Cyclically Adjusted PS Ratio : 27.47 (As of Jun. 05, 2024)


View and export this data going back to 2020. Start your Free Trial

What is DexCom Cyclically Adjusted PS Ratio?

As of today (2024-06-05), DexCom's current share price is R$12.36. DexCom's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$0.45. DexCom's Cyclically Adjusted PS Ratio for today is 27.47.

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

BSP:D1EX34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 15.47   Med: 35.47   Max: 71.43
Current: 24.71

During the past years, DexCom's highest Cyclically Adjusted PS Ratio was 71.43. The lowest was 15.47. And the median was 35.47.

BSP:D1EX34's Cyclically Adjusted PS Ratio is ranked worse than
96.86% of 477 companies
in the Medical Devices & Instruments industry
Industry Median: 2.15 vs BSP:D1EX34: 24.71

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.

DexCom's adjusted revenue per share data for the three months ended in Mar. 2024 was R$0.220. 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 R$0.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DexCom Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DexCom'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.

DexCom Cyclically Adjusted PS Ratio Chart

DexCom 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 36.73 46.71 50.32 32.52 28.31

DexCom Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 31.36 32.70 22.36 28.31 29.74

Competitive Comparison of DexCom's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, DexCom'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.


DexCom's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, DexCom's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DexCom 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.36/0.45
=27.47

* 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.

DexCom's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, DexCom's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.22/131.7762*131.7762
=0.220

Current CPI (Mar. 2024) = 131.7762.

DexCom Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.009 100.560 0.012
201409 0.011 100.428 0.014
201412 0.015 99.070 0.020
201503 0.015 99.621 0.020
201506 0.018 100.684 0.024
201509 0.026 100.392 0.034
201512 0.031 99.792 0.041
201603 0.026 100.470 0.034
201606 0.028 101.688 0.036
201609 0.029 101.861 0.038
201612 0.034 101.863 0.044
201703 0.026 102.862 0.033
201706 0.032 103.349 0.041
201709 0.033 104.136 0.042
201712 0.042 104.011 0.053
201803 0.035 105.290 0.044
201806 0.051 106.317 0.063
201809 0.061 106.507 0.075
201812 0.074 105.998 0.092
201903 0.060 107.251 0.074
201906 0.071 108.070 0.087
201909 0.088 108.329 0.107
201912 0.103 108.420 0.125
202003 0.105 108.902 0.127
202006 0.121 108.767 0.147
202009 0.136 109.815 0.163
202012 0.147 109.897 0.176
202103 0.136 111.754 0.160
202106 0.140 114.631 0.161
202109 0.160 115.734 0.182
202112 0.183 117.630 0.205
202203 0.146 121.301 0.159
202206 0.167 125.017 0.176
202209 0.190 125.227 0.200
202212 0.201 125.222 0.212
202303 0.185 127.348 0.191
202306 0.196 128.729 0.201
202309 0.226 129.860 0.229
202312 0.243 129.419 0.247
202403 0.220 131.776 0.220

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.


DexCom  (BSP:D1EX34) 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.


DexCom Cyclically Adjusted PS Ratio Related Terms

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


DexCom (BSP:D1EX34) Business Description

Traded in Other Exchanges
Address
6340 Sequence Drive, San Diego, CA, USA, 92121
Dexcom designs and commercializes continuous glucose monitoring systems for diabetic patients. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to provide integration with insulin pumps from Insulet and Tandem for automatic insulin delivery.

DexCom (BSP:D1EX34) Headlines

No Headlines