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DeFi Technologies (NEOE:DEFI) Cyclically Adjusted PS Ratio : 36.33 (As of Jun. 02, 2024)


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What is DeFi Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-02), DeFi Technologies's current share price is C$1.09. DeFi Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.03. DeFi Technologies's Cyclically Adjusted PS Ratio for today is 36.33.

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

NEOE:DEFI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.33   Med: 13.5   Max: 400
Current: 31.26

During the past years, DeFi Technologies's highest Cyclically Adjusted PS Ratio was 400.00. The lowest was 1.33. And the median was 13.50.

NEOE:DEFI's Cyclically Adjusted PS Ratio is ranked worse than
96.84% of 569 companies
in the Capital Markets industry
Industry Median: 3.2 vs NEOE:DEFI: 31.26

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.

DeFi Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was C$-0.084. 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 C$0.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


DeFi Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DeFi 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.

DeFi Technologies Cyclically Adjusted PS Ratio Chart

DeFi Technologies 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 - - 157.82 3.18 14.11

DeFi Technologies 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 2.44 1.76 1.88 14.11 19.22

Competitive Comparison of DeFi Technologies's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, DeFi 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.


DeFi Technologies's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, DeFi Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DeFi 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.09/0.03
=36.33

* 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.

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

For example, DeFi Technologies'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)
=-0.084/126.2576*126.2576
=-0.084

Current CPI (Mar. 2024) = 126.2576.

DeFi Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.000 99.473 0.000
201409 0.000 99.394 0.000
201412 0.000 98.367 0.000
201503 0.000 99.789 0.000
201506 0.000 100.500 0.000
201509 0.000 100.421 0.000
201512 0.000 99.947 0.000
201603 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.002 101.765 0.002
201612 -0.013 101.449 -0.016
201703 -0.053 102.634 -0.065
201706 0.014 103.029 0.017
201709 0.097 103.345 0.119
201712 0.098 103.345 0.120
201803 -0.040 105.004 -0.048
201806 -0.060 105.557 -0.072
201809 -0.031 105.636 -0.037
201812 -0.019 105.399 -0.023
201903 -0.007 106.979 -0.008
201906 -0.011 107.690 -0.013
201909 0.003 107.611 0.004
201912 -0.005 107.769 -0.006
202003 -0.005 107.927 -0.006
202006 0.007 108.401 0.008
202009 0.049 108.164 0.057
202012 -0.004 108.559 -0.005
202103 0.021 110.298 0.024
202106 -0.009 111.720 -0.010
202109 0.041 112.905 0.046
202112 0.025 113.774 0.028
202203 0.009 117.646 0.010
202206 0.144 120.806 0.150
202209 0.001 120.648 0.001
202212 0.021 120.964 0.022
202303 0.111 122.702 0.114
202306 -0.029 124.203 -0.029
202309 0.006 125.230 0.006
202312 -0.035 125.072 -0.035
202403 -0.084 126.258 -0.084

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.


DeFi Technologies  (NEOE:DEFI) 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.


DeFi Technologies Cyclically Adjusted PS Ratio Related Terms

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


DeFi Technologies (NEOE:DEFI) Business Description

Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5R 1J2
DeFi Technologies Inc formerly Valour Inc is a Canadian technology company bridging the gap between traditional capital markets and decentralized finance. The Company generates revenues through the issuance of exchange-traded products that synthetically track the value of a single DeFi protocol, investments in various companies, and protocols across the decentralized finance ecosystem to build a diversified portfolio of decentralized finance assets and offering node management of decentralized protocols to support governance, security and transaction validation. The Company has 3 operating business segments; Canada, Bermuda, and the Cayman Islands.

DeFi Technologies (NEOE:DEFI) Headlines