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Accsys Technologies (LSE:AXS) Cyclically Adjusted PS Ratio : 0.98 (As of May. 28, 2024)


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What is Accsys Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Accsys Technologies's current share price is £0.57. Accsys Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was £0.58. Accsys Technologies's Cyclically Adjusted PS Ratio for today is 0.98.

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

LSE:AXS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.85   Max: 4.3
Current: 1.01

During the past 13 years, Accsys Technologies's highest Cyclically Adjusted PS Ratio was 4.30. The lowest was 0.89. And the median was 1.85.

LSE:AXS's Cyclically Adjusted PS Ratio is ranked worse than
68.15% of 248 companies
in the Forest Products industry
Industry Median: 0.59 vs LSE:AXS: 1.01

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.

Accsys Technologies's adjusted revenue per share data of for the fiscal year that ended in Mar23 was £0.678. 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 £0.58 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accsys Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Accsys Technologies'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.

Accsys Technologies Cyclically Adjusted PS Ratio Chart

Accsys Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 1.72 3.79 2.93 1.10

Accsys Technologies Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.93 - 1.10 -

Competitive Comparison of Accsys Technologies's Cyclically Adjusted PS Ratio

For the Lumber & Wood Production subindustry, Accsys Technologies'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.


Accsys Technologies's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Accsys Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Accsys Technologies 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.

Accsys Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.57/0.58
=0.98

* 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.

Accsys Technologies's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Accsys Technologies's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.678/126.8000*126.8000
=0.678

Current CPI (Mar23) = 126.8000.

Accsys Technologies Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.315 99.300 0.402
201503 0.372 99.600 0.474
201603 0.455 100.400 0.575
201703 0.535 102.700 0.661
201803 0.477 105.100 0.575
201903 0.547 107.000 0.648
202003 0.576 108.600 0.673
202103 0.494 109.700 0.571
202203 0.508 116.500 0.553
202303 0.678 126.800 0.678

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.


Accsys Technologies  (LSE:AXS) 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.


Accsys Technologies Cyclically Adjusted PS Ratio Related Terms

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


Accsys Technologies (LSE:AXS) Business Description

Address
3 Moorgate Place, 4th floor, London, GBR, EC2R 6EA
Accsys Technologies PLC is a chemical technology company focused on acetylation of wood. It is engaged in the development, commercialisation, and licensing of the associated proprietary technologies. Its product includes Accoya and Tricoya wood. The company offers Accoya wood for use in external doors, cladding/siding, decking, structural and civil engineering projects and Tricoya wood elements are used in window and door components, door skins, wet interiors, and wall linings. It generates maximum revenue through the sale of Accoya Woods. The maximum geographical areas of customers are from the UK and Ireland region.