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Amphastar Pharmaceuticals (FRA:29A) Cyclically Adjusted PS Ratio : 4.96 (As of May. 28, 2024)


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What is Amphastar Pharmaceuticals Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Amphastar Pharmaceuticals's current share price is €39.36. Amphastar Pharmaceuticals's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.93. Amphastar Pharmaceuticals's Cyclically Adjusted PS Ratio for today is 4.96.

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

FRA:29A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.63   Med: 4.64   Max: 7.6
Current: 5.04

During the past years, Amphastar Pharmaceuticals's highest Cyclically Adjusted PS Ratio was 7.60. The lowest was 2.63. And the median was 4.64.

FRA:29A's Cyclically Adjusted PS Ratio is ranked worse than
81.16% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.09 vs FRA:29A: 5.04

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.

Amphastar Pharmaceuticals's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.982. 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 €7.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amphastar Pharmaceuticals Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amphastar Pharmaceuticals'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.

Amphastar Pharmaceuticals Cyclically Adjusted PS Ratio Chart

Amphastar Pharmaceuticals 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 - - - 2.68 7.50

Amphastar Pharmaceuticals 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 3.73 6.11 5.20 7.50 5.12

Competitive Comparison of Amphastar Pharmaceuticals's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Amphastar Pharmaceuticals'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.


Amphastar Pharmaceuticals's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Amphastar Pharmaceuticals's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Amphastar Pharmaceuticals 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.

Amphastar Pharmaceuticals's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.36/7.93
=4.96

* 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.

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

For example, Amphastar Pharmaceuticals'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)
=2.982/131.7762*131.7762
=2.982

Current CPI (Mar. 2024) = 131.7762.

Amphastar Pharmaceuticals Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.907 100.560 1.189
201409 1.038 100.428 1.362
201412 1.015 99.070 1.350
201503 1.179 99.621 1.560
201506 1.070 100.684 1.400
201509 1.256 100.392 1.649
201512 1.566 99.792 2.068
201603 1.139 100.470 1.494
201606 1.317 101.688 1.707
201609 1.193 101.861 1.543
201612 1.183 101.863 1.530
201703 1.103 102.862 1.413
201706 1.212 103.349 1.545
201709 1.008 104.136 1.276
201712 1.035 104.011 1.311
201803 1.018 105.290 1.274
201806 1.306 106.317 1.619
201809 1.341 106.507 1.659
201812 1.704 105.998 2.118
201903 1.401 107.251 1.721
201906 1.402 108.070 1.710
201909 1.453 108.329 1.767
201912 1.524 108.420 1.852
202003 1.589 108.902 1.923
202006 1.630 108.767 1.975
202009 1.421 109.815 1.705
202012 1.586 109.897 1.902
202103 1.748 111.754 2.061
202106 1.703 114.631 1.958
202109 1.907 115.734 2.171
202112 2.137 117.630 2.394
202203 2.103 121.301 2.285
202206 2.194 125.017 2.313
202209 2.298 125.227 2.418
202212 2.465 125.222 2.594
202303 2.516 127.348 2.603
202306 2.533 128.729 2.593
202309 3.138 129.860 3.184
202312 3.081 129.419 3.137
202403 2.982 131.776 2.982

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.


Amphastar Pharmaceuticals  (FRA:29A) 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.


Amphastar Pharmaceuticals Cyclically Adjusted PS Ratio Related Terms

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Amphastar Pharmaceuticals (FRA:29A) Business Description

Traded in Other Exchanges
Address
11570 6th Street, Rancho Cucamonga, CA, USA, 91730
Amphastar Pharmaceuticals Inc is a biopharmaceutical company that focuses primarily on developing, manufacturing, marketing, and selling technically challenging generic and proprietary injectable, inhalation, and intranasal products. Additionally, the company sells insulin API products. The company's finished products are used in hospital or urgent care clinical settings and are contracted and distributed through group purchasing organizations and drug wholesalers. The company has two reportable segments finished pharmaceutical products and API products. Geographically the business presence of the firm is seen in the United States, China and France of which the U.S. accounts for the majority of the revenue.

Amphastar Pharmaceuticals (FRA:29A) Headlines

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