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Milestone Scientific (Milestone Scientific) Cyclically Adjusted PS Ratio : 2.35 (As of May. 31, 2024)


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What is Milestone Scientific Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Milestone Scientific's current share price is $0.7279. Milestone Scientific's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.31. Milestone Scientific's Cyclically Adjusted PS Ratio for today is 2.35.

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

MLSS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 2.64   Max: 10.6
Current: 2.32

During the past years, Milestone Scientific's highest Cyclically Adjusted PS Ratio was 10.60. The lowest was 0.55. And the median was 2.64.

MLSS's Cyclically Adjusted PS Ratio is ranked worse than
52.32% of 474 companies
in the Medical Devices & Instruments industry
Industry Median: 2.16 vs MLSS: 2.32

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.

Milestone Scientific's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.028. 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 $0.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Milestone Scientific Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Milestone Scientific'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.

Milestone Scientific Cyclically Adjusted PS Ratio Chart

Milestone Scientific 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 2.83 4.95 5.08 1.28 2.12

Milestone Scientific 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 2.46 2.45 2.68 2.12 1.98

Competitive Comparison of Milestone Scientific's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Milestone Scientific'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.


Milestone Scientific's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Milestone Scientific's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Milestone Scientific 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.

Milestone Scientific's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.7279/0.31
=2.35

* 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.

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

For example, Milestone Scientific'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)
=0.028/131.7762*131.7762
=0.028

Current CPI (Mar. 2024) = 131.7762.

Milestone Scientific Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.124 100.560 0.162
201409 0.120 100.428 0.157
201412 0.125 99.070 0.166
201503 0.126 99.621 0.167
201506 0.070 100.684 0.092
201509 0.115 100.392 0.151
201512 0.116 99.792 0.153
201603 0.158 100.470 0.207
201606 0.091 101.688 0.118
201609 0.109 101.861 0.141
201612 0.050 101.863 0.065
201703 0.115 102.862 0.147
201706 0.078 103.349 0.099
201709 0.085 104.136 0.108
201712 0.066 104.011 0.084
201803 0.052 105.290 0.065
201806 0.069 106.317 0.086
201809 0.046 106.507 0.057
201812 0.105 105.998 0.131
201903 0.047 107.251 0.058
201906 0.050 108.070 0.061
201909 0.040 108.329 0.049
201912 0.043 108.420 0.052
202003 0.036 108.902 0.044
202006 0.003 108.767 0.004
202009 0.019 109.815 0.023
202012 0.027 109.897 0.032
202103 0.044 111.754 0.052
202106 0.035 114.631 0.040
202109 0.030 115.734 0.034
202112 0.041 117.630 0.046
202203 0.039 121.301 0.042
202206 0.023 125.017 0.024
202209 0.031 125.227 0.033
202212 0.032 125.222 0.034
202303 0.036 127.348 0.037
202306 0.040 128.729 0.041
202309 0.028 129.860 0.028
202312 0.031 129.419 0.032
202403 0.028 131.776 0.028

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.


Milestone Scientific  (AMEX:MLSS) 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.


Milestone Scientific Cyclically Adjusted PS Ratio Related Terms

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


Milestone Scientific (Milestone Scientific) Business Description

Traded in Other Exchanges
N/A
Address
425 Eagle Rock Avenue, Roseland, NJ, USA, 07068
Milestone Scientific Inc is engaged in pioneering proprietary, technological systems, and solutions for the medical and dental markets. It develops, manufactures, markets and sells the computer-controlled system for the improved and painless delivery of local anesthetic. The system is marketed in dentistry under the trademark CompuDent and in medicine under the trademark CompuMed. In addition, the company provides The Wand, a handpiece that allows dentists to provide painless injections for virtually various dental procedures, including routine cleanings and fillings, as well as implants, root canals, and crowns. The Company conducts its business through two reportable segments: Dental and Medical. Geographically all the operations of the firm function through the region of the U.S.
Executives
Peter J Milligan officer: President 1650 TYSONS BOULEVARD, SUITE 1700, MCLEAN VA 22102
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Leslie Bernhard director C/O ADSTAR, INC., 488 S. ROYAL LANE, COPPELL TX 75019
Benedetta I Casamento director 200 CAMPUS DRIVE, FLORHAM PARK NJ 07932
Leonard Osser director, 10 percent owner, officer: CEO
Leonard M Schiller director
Scott L. Kahn officer: Chief Financial Officer 425 EAGLE ROCK AVENUE, SUITE 403, ROSELAND NJ 07068
Giandomenico Trombetta director, 10 percent owner CORSO VENEZIA 44, MILAN L6 20121
Joseph D'agostino officer: CFO & COO C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
Jan Adriaan Haverhals officer: President 110 WHITE ROCK ROAD, APT. 3304, VERONA NJ 07044
Brent W Johnston officer: President C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE SUITE 102, LIVINGSTON NJ 07039
Michael Mcgeehan director C/O MILESTONE SCIENTIFIC INC, LIVINGSTON NJ 07039
Edward J. Zelnick director C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
Daniel S Goldberger officer: President and CEO 24 CARPENTER ROAD, CHESTER NY 10918
Bp4 S.r.l. director, 10 percent owner, officer: See Remarks CORSO VENEZIA 44, MILAN L6 20121

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