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Ethema Health (Ethema Health) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is Ethema Health Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ethema Health Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ethema Health'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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Ethema Health Cyclically Adjusted PS Ratio Chart

Ethema Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Ethema Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ethema Health's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Ethema Health'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.


Ethema Health's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ethema Health's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ethema Health 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.

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

For example, Ethema Health'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)
=0/131.7762*131.7762
=0.000

Current CPI (Mar. 2024) = 131.7762.

Ethema Health Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.022 100.560 0.029
201409 0.025 100.428 0.033
201412 0.013 99.070 0.017
201503 0.015 99.621 0.020
201506 0.020 100.684 0.026
201509 0.018 100.392 0.024
201512 -0.053 99.792 -0.070
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 0.004 102.862 0.005
201706 0.004 103.349 0.005
201709 0.005 104.136 0.006
201712 -0.004 104.011 -0.005
201803 0.001 105.290 0.001
201806 0.001 106.317 0.001
201809 0.002 106.507 0.002
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 0.000 108.420 0.000
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 0.000 131.776 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.


Ethema Health  (OTCPK:GRST) 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.


Ethema Health Cyclically Adjusted PS Ratio Related Terms

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Ethema Health (Ethema Health) Business Description

Traded in Other Exchanges
N/A
Address
950 Evernia Street, West Palm Beach, FL, USA, 33401
Ethema Health Corp is engaged in developing and operating medical clinics in Delray Beach Florida. It provides addiction and mental health treatment facilities. The company's operating segment includes Rental Operations and Rehabilitation Services provided to customers. It generates maximum revenue from the In-Patient services segment.
Executives
Shawn Edward Leon director, 10 percent owner, officer: CEO 5734 YONGE STREET, SUITE 300, NORTH YORK A6 M2M 4E7
William L Sklar officer: Chief Financial Officer 513 ROSELAWN AVENUE, TORONTO A6 M5N 1K2

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