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Composite Alliance Group (TSXV:CAG) Cyclically Adjusted PS Ratio : 0.45 (As of May. 28, 2024)


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What is Composite Alliance Group Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Composite Alliance Group's current share price is C$0.045. Composite Alliance Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$0.10. Composite Alliance Group's Cyclically Adjusted PS Ratio for today is 0.45.

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

TSXV:CAG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.82   Max: 10
Current: 0.62

During the past years, Composite Alliance Group's highest Cyclically Adjusted PS Ratio was 10.00. The lowest was 0.11. And the median was 0.82.

TSXV:CAG's Cyclically Adjusted PS Ratio is ranked better than
76.48% of 2194 companies
in the Industrial Products industry
Industry Median: 1.42 vs TSXV:CAG: 0.62

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.

Composite Alliance Group's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.044. 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$0.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Composite Alliance Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Composite Alliance Group'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.

Composite Alliance Group Cyclically Adjusted PS Ratio Chart

Composite Alliance Group 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 4.91 1.01 0.69 0.23 0.72

Composite Alliance Group 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 0.23 0.39 0.22 0.16 0.72

Competitive Comparison of Composite Alliance Group's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Composite Alliance Group'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.


Composite Alliance Group's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Composite Alliance Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Composite Alliance Group's Cyclically Adjusted PS Ratio falls into.



Composite Alliance Group 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.

Composite Alliance Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.045/0.1
=0.45

* 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.

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

For example, Composite Alliance Group'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)
=0.044/125.0724*125.0724
=0.044

Current CPI (Dec. 2023) = 125.0724.

Composite Alliance Group 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 0.000 101.054 0.000
201606 0.000 102.002 0.000
201609 0.000 101.765 0.000
201612 0.000 101.449 0.000
201703 0.000 102.634 0.000
201706 0.000 103.029 0.000
201709 0.000 103.345 0.000
201712 0.000 103.345 0.000
201803 0.000 105.004 0.000
201806 0.000 105.557 0.000
201809 0.000 105.636 0.000
201812 0.000 105.399 0.000
201903 0.017 106.979 0.020
201906 0.025 107.690 0.029
201909 0.042 107.611 0.049
201912 0.051 107.769 0.059
202003 0.022 107.927 0.025
202006 0.008 108.401 0.009
202009 0.010 108.164 0.012
202012 0.021 108.559 0.024
202103 0.019 110.298 0.022
202106 0.005 111.720 0.006
202109 0.013 112.905 0.014
202112 0.017 113.774 0.019
202203 0.009 117.646 0.010
202206 0.006 120.806 0.006
202209 0.010 120.648 0.010
202212 0.038 120.964 0.039
202303 0.032 122.702 0.033
202306 0.025 124.203 0.025
202309 0.030 125.230 0.030
202312 0.044 125.072 0.044

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.


Composite Alliance Group  (TSXV:CAG) 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.


Composite Alliance Group Cyclically Adjusted PS Ratio Related Terms

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


Composite Alliance Group (TSXV:CAG) Business Description

Traded in Other Exchanges
N/A
Address
333 - 7th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 2Z1
Composite Alliance Group Inc provides industrial turn-key solutions by designing and manufacturing the machines. It offers machines and processes to fabricate composite materials for the aerospace and automotive industries. Geographically, it operates in Europe, Asia, and North America, out of which a majority of its revenue is from Asia.

Composite Alliance Group (TSXV:CAG) Headlines