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Amarin (FRA:EH3A) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 09, 2024)


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What is Amarin Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Amarin's current share price is €0.60. Amarin's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €0.88. Amarin's Cyclically Adjusted PS Ratio for today is 0.68.

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

FRA:EH3A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 7.04   Max: 47.65
Current: 0.66

During the past years, Amarin's highest Cyclically Adjusted PS Ratio was 47.65. The lowest was 0.62. And the median was 7.04.

FRA:EH3A's Cyclically Adjusted PS Ratio is ranked better than
80.62% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.05 vs FRA:EH3A: 0.66

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.

Amarin's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.127. 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 €0.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amarin Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Amarin'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.

Amarin Cyclically Adjusted PS Ratio Chart

Amarin 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 35.27 6.74 3.99 1.32 0.86

Amarin 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 1.57 1.21 0.92 0.86 0.87

Competitive Comparison of Amarin's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - General subindustry, Amarin'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.


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

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

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



Amarin 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.60/0.88
=0.68

* 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.

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

For example, Amarin'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)
=0.127/120.9901*120.9901
=0.127

Current CPI (Mar. 2024) = 120.9901.

Amarin Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.045 100.773 0.054
201409 0.063 100.474 0.076
201412 0.077 99.576 0.094
201503 0.084 99.975 0.102
201506 0.087 100.573 0.105
201509 0.104 100.274 0.125
201512 0.133 99.676 0.161
201603 0.125 99.676 0.152
201606 0.160 101.072 0.192
201609 0.139 100.274 0.168
201612 0.136 99.676 0.165
201703 0.120 100.374 0.145
201706 0.149 100.673 0.179
201709 0.147 100.474 0.177
201712 0.168 100.075 0.203
201803 0.125 100.573 0.150
201806 0.153 101.072 0.183
201809 0.160 101.371 0.191
201812 0.216 100.773 0.259
201903 0.197 101.670 0.234
201906 0.270 102.168 0.320
201909 0.291 102.268 0.344
201912 0.359 102.068 0.426
202003 0.388 102.367 0.459
202006 0.301 101.769 0.358
202009 0.341 101.072 0.408
202012 0.352 101.072 0.421
202103 0.303 102.367 0.358
202106 0.319 103.364 0.373
202109 0.304 104.859 0.351
202112 0.302 106.653 0.343
202203 0.216 109.245 0.239
202206 0.224 112.779 0.240
202209 0.224 113.504 0.239
202212 0.210 115.436 0.220
202303 0.198 117.609 0.204
202306 0.181 119.662 0.183
202309 0.152 120.749 0.152
202312 0.168 120.749 0.168
202403 0.127 120.990 0.127

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.


Amarin  (FRA:EH3A) 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.


Amarin Cyclically Adjusted PS Ratio Related Terms

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


Amarin (FRA:EH3A) Business Description

Traded in Other Exchanges
Address
112-114 St Stephens Green, Iconic Offices, The Greenway, Block C Ardilaun Court, Dublin, IRL, D02 TD28
Amarin Corp PLC is a biopharmaceutical company. It is focused on the commercialization and development of therapeutics to improve cardiovascular, or CV, health and reduce CV risk. Its lead product includes Vascepa.

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