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PlasCred Circular Innovations (PlasCred Circular Innovations) Cyclically Adjusted PS Ratio : (As of Jun. 09, 2024)


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What is PlasCred Circular Innovations Cyclically Adjusted PS Ratio?

PlasCred Circular Innovations does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


PlasCred Circular Innovations Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PlasCred Circular Innovations'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.

PlasCred Circular Innovations Cyclically Adjusted PS Ratio Chart

PlasCred Circular Innovations Annual Data
Trend Dec22 Dec23
Cyclically Adjusted PS Ratio
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PlasCred Circular Innovations Quarterly Data
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Competitive Comparison of PlasCred Circular Innovations's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, PlasCred Circular Innovations'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.


PlasCred Circular Innovations's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, PlasCred Circular Innovations's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PlasCred Circular Innovations 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.

PlasCred Circular Innovations does not have a history long enough to calculate Cyclically Adjusted Revenue per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PS Ratio for this company.


PlasCred Circular Innovations  (OTCPK:MGPRF) 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.


PlasCred Circular Innovations Cyclically Adjusted PS Ratio Related Terms

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PlasCred Circular Innovations (PlasCred Circular Innovations) Business Description

Traded in Other Exchanges
Address
810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
PlasCred Circular Innovations Inc is a green technology company based in Alberta, whose patent-pending and proprietary process enables true plastic waste removal in a scalable, systematic and profitable way. The PlasCred process hopes to deliver a commercially viable plastic recycling process, providing immediate economic benefit for industry, communities and government organizations for handling waste plastic.

PlasCred Circular Innovations (PlasCred Circular Innovations) Headlines

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