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ImmuCell (ImmuCell) Cyclically Adjusted PS Ratio : 1.58 (As of Jun. 09, 2024)


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What is ImmuCell Cyclically Adjusted PS Ratio?

As of today (2024-06-09), ImmuCell's current share price is $4.49. ImmuCell's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.85. ImmuCell's Cyclically Adjusted PS Ratio for today is 1.58.

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

ICCC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.49   Med: 2.85   Max: 5.5
Current: 1.58

During the past years, ImmuCell's highest Cyclically Adjusted PS Ratio was 5.50. The lowest was 1.49. And the median was 2.85.

ICCC's Cyclically Adjusted PS Ratio is ranked better than
79.37% of 504 companies
in the Biotechnology industry
Industry Median: 5.47 vs ICCC: 1.58

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.

ImmuCell's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.936. 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 $2.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ImmuCell Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ImmuCell'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.

ImmuCell Cyclically Adjusted PS Ratio Chart

ImmuCell 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 2.27 2.54 3.14 2.23 1.82

ImmuCell 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 1.88 1.81 1.90 1.82 1.86

Competitive Comparison of ImmuCell's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, ImmuCell'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.


ImmuCell's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

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

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



ImmuCell 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.49/2.85
=1.58

* 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.

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

For example, ImmuCell'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)
=0.936/131.7762*131.7762
=0.936

Current CPI (Mar. 2024) = 131.7762.

ImmuCell Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.509 100.560 0.667
201409 0.570 100.428 0.748
201412 0.728 99.070 0.968
201503 0.986 99.621 1.304
201506 0.621 100.684 0.813
201509 0.775 100.392 1.017
201512 0.849 99.792 1.121
201603 0.757 100.470 0.993
201606 0.569 101.688 0.737
201609 0.457 101.861 0.591
201612 0.461 101.863 0.596
201703 0.717 102.862 0.919
201706 0.361 103.349 0.460
201709 0.402 104.136 0.509
201712 0.613 104.011 0.777
201803 0.526 105.290 0.658
201806 0.550 106.317 0.682
201809 0.393 106.507 0.486
201812 0.534 105.998 0.664
201903 0.778 107.251 0.956
201906 0.376 108.070 0.458
201909 0.412 108.329 0.501
201912 0.503 108.420 0.611
202003 0.681 108.902 0.824
202006 0.411 108.767 0.498
202009 0.516 109.815 0.619
202012 0.519 109.897 0.622
202103 0.569 111.754 0.671
202106 0.585 114.631 0.672
202109 0.659 115.734 0.750
202112 0.703 117.630 0.788
202203 0.770 121.301 0.836
202206 0.499 125.017 0.526
202209 0.619 125.227 0.651
202212 0.505 125.222 0.531
202303 0.445 127.348 0.460
202306 0.456 128.729 0.467
202309 0.697 129.860 0.707
202312 0.658 129.419 0.670
202403 0.936 131.776 0.936

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.


ImmuCell  (NAS:ICCC) 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.


ImmuCell Cyclically Adjusted PS Ratio Related Terms

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


ImmuCell (ImmuCell) Business Description

Industry
Traded in Other Exchanges
Address
56 Evergreen Drive, Portland, ME, USA, 04103
ImmuCell Corp is engaged in the healthcare sector. The company operates in the development, acquisition, manufacture, and sale of products that improve the health and productivity of cows for the dairy and beef industries. The firm has developed products that provide immediate immunity to newborn dairy and beef cattle and is developing product line extensions of its existing products that address mastitis. Its lead product, First Defense, is manufactured to prevent scours in newborn calves. It has two segments Scours and Mastitis. The company generates the majority of its revenue from the United States.
Executives
Bryan K. Gathagan director 56 EVERGREEN DRIVE, PORTLAND ME 04103
David Cunningham director 56 EVERGREEN DRIVE, PORTLAND ME 04103
Gloria F Basse director 56 EVERGREEN DRIVE, PORTLAND ME 04103
David Scott Tomsche director 56 EVERGREEN DRIVE, PORTLAND ME 04103
Steven T. Rosgen director C/O IMMUCELL CORPORATION, 56 EVERGREEN DR., PORTLAND ME 04103
Norman H Pessin other: See Explanation of Responses C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin other: See Explanation of Responses 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Joseph H Crabb director, officer: Vice President and CSO IMMUCELL CORP, 56 EVERGREEN DRIVE, PORTLAND ME 04103
Elizabeth Luttrell Williams officer: Vice Pres. of Mfg Operations C/O IMMUCELL CORPORATION, 56 EVERGREEN DRIVE, PORTLAND ME 04103
Jonathan E Rothschild director, 10 percent owner C/O IMMUCELL CORP, 56 EVERGREEN DRIVE, PORTLAND ME 04103
Linda Rhodes director 56 EVERGREEN DRIVE, PORTLAND ME 04103
Paul R Wainman director 56 EVERGREEN DRIVE, PORTLAND ME 04103
Michael F Brigham director, officer: President and CEO IMMUCELL CORP, 56 EVERGREEN DRIVE, PORTLAND ME 04103
Bobbi Jo Kunde other: Director of Sales and Marketin 56 EVERGREEN DRIVE, PORTLAND ME 04103
Robert C Bruce director 56 EVERGREEN DRIVE, PORTLAND ME 04103