GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Aurora Cannabis Inc (TSX:ACB) » Definitions » Cyclically Adjusted PS Ratio

Aurora Cannabis (TSX:ACB) Cyclically Adjusted PS Ratio : 0.56 (As of May. 15, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Aurora Cannabis Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Aurora Cannabis's current share price is C$9.56. Aurora Cannabis's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$16.95. Aurora Cannabis's Cyclically Adjusted PS Ratio for today is 0.56.

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

TSX:ACB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 6.86   Max: 230.43
Current: 0.54

During the past years, Aurora Cannabis's highest Cyclically Adjusted PS Ratio was 230.43. The lowest was 0.25. And the median was 6.86.

TSX:ACB's Cyclically Adjusted PS Ratio is ranked better than
85.77% of 745 companies
in the Drug Manufacturers industry
Industry Median: 2.17 vs TSX:ACB: 0.54

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.

Aurora Cannabis's adjusted revenue per share data for the three months ended in Dec. 2023 was C$1.358. 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$16.95 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aurora Cannabis Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aurora Cannabis'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.

Aurora Cannabis Cyclically Adjusted PS Ratio Chart

Aurora Cannabis Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.41 118.72 79.36 9.14 6.12

Aurora Cannabis Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.71 0.53 0.40 0.46 0.38

Competitive Comparison of Aurora Cannabis's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Aurora Cannabis'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.


Aurora Cannabis's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aurora Cannabis's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Aurora Cannabis 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.

Aurora Cannabis's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.56/16.95
=0.56

* 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.

Aurora Cannabis's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Aurora Cannabis's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.358/125.4675*125.4675
=1.358

Current CPI (Dec. 2023) = 125.4675.

Aurora Cannabis Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.000 98.604 0.000
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 0.181 101.054 0.225
201606 1.081 102.002 1.330
201609 2.007 101.765 2.474
201612 1.766 101.449 2.184
201703 1.984 102.634 2.425
201706 1.997 103.029 2.432
201709 2.631 103.345 3.194
201712 3.563 103.345 4.326
201803 4.034 105.004 4.820
201806 3.805 105.557 4.523
201809 4.127 105.636 4.902
201812 6.709 105.399 7.986
201903 7.791 106.979 9.137
201906 11.419 107.690 13.304
201909 8.509 107.611 9.921
201912 6.078 107.769 7.076
202003 7.364 107.927 8.561
202006 5.953 108.401 6.890
202009 5.754 108.164 6.674
202012 4.028 108.559 4.655
202103 2.845 110.298 3.236
202106 2.771 111.720 3.112
202109 3.035 112.905 3.373
202112 3.057 113.774 3.371
202203 2.349 117.646 2.505
202206 2.017 120.806 2.095
202209 1.640 120.648 1.706
202212 1.889 120.964 1.959
202303 1.984 122.702 2.029
202306 2.124 124.203 2.146
202309 1.652 125.230 1.655
202312 1.358 125.468 1.358

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.


Aurora Cannabis  (TSX:ACB) 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.


Aurora Cannabis Cyclically Adjusted PS Ratio Related Terms

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


Aurora Cannabis (TSX:ACB) Business Description

Traded in Other Exchanges
Address
3498 63 Avenue, Leduc, AB, CAN, T9E 0G8
Aurora Cannabis, headquartered in Edmonton, Canada, cultivates and sells medicinal and recreational cannabis through a portfolio of brands that includes Drift, San Rafael '71, Daily Special, Whistler, Being, and Greybeard. Although the company primarily operates in Canada, it has expanded internationally through medical cannabis exporting agreements.
Executives
Andre Jerome Senior Officer
Alex Miller Senior Officer
Lori Schick Senior Officer