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Enablence Technologies (TSXV:ENA) Cyclically Adjusted PS Ratio : 1.88 (As of Jun. 09, 2024)


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What is Enablence Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Enablence Technologies's current share price is C$1.80. Enablence Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.96. Enablence Technologies's Cyclically Adjusted PS Ratio for today is 1.88.

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

TSXV:ENA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 1.88
Current: 1.87

During the past years, Enablence Technologies's highest Cyclically Adjusted PS Ratio was 1.88. The lowest was 0.01. And the median was 0.07.

TSXV:ENA's Cyclically Adjusted PS Ratio is ranked worse than
67.52% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs TSXV:ENA: 1.87

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.

Enablence Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was C$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 C$0.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enablence Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Enablence 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.

Enablence Technologies Cyclically Adjusted PS Ratio Chart

Enablence Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.15 0.14 0.37 1.27

Enablence Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.77 0.75 1.27 1.41 0.83

Competitive Comparison of Enablence Technologies's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Enablence 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.


Enablence Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Enablence Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Enablence 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.80/0.96
=1.88

* 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.

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

For example, Enablence 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)
=0.028/126.2576*126.2576
=0.028

Current CPI (Mar. 2024) = 126.2576.

Enablence Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.892 98.604 1.142
201406 1.024 99.473 1.300
201409 0.876 99.394 1.113
201412 0.246 98.367 0.316
201503 0.354 99.789 0.448
201506 0.162 100.500 0.204
201509 0.140 100.421 0.176
201512 0.085 99.947 0.107
201603 0.184 101.054 0.230
201606 0.393 102.002 0.486
201609 0.169 101.765 0.210
201612 0.287 101.449 0.357
201703 0.212 102.634 0.261
201706 0.311 103.029 0.381
201709 0.456 103.345 0.557
201712 0.303 103.345 0.370
201803 0.043 105.004 0.052
201806 0.015 105.557 0.018
201809 0.036 105.636 0.043
201812 0.023 105.399 0.028
201903 0.126 106.979 0.149
201906 0.170 107.690 0.199
201909 0.070 107.611 0.082
201912 0.057 107.769 0.067
202003 0.057 107.927 0.067
202006 0.055 108.401 0.064
202009 0.115 108.164 0.134
202012 0.164 108.559 0.191
202103 0.164 110.298 0.188
202106 0.137 111.720 0.155
202109 0.136 112.905 0.152
202112 0.086 113.774 0.095
202203 0.057 117.646 0.061
202206 0.037 120.806 0.039
202209 0.040 120.648 0.042
202212 0.031 120.964 0.032
202303 0.036 122.702 0.037
202306 0.030 124.203 0.030
202309 0.016 125.230 0.016
202403 0.028 126.258 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.


Enablence Technologies  (TSXV:ENA) 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.


Enablence Technologies Cyclically Adjusted PS Ratio Related Terms

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


Enablence Technologies (TSXV:ENA) Business Description

Traded in Other Exchanges
Address
390 March Road, Suite 119, Ottawa, ON, CAN, K2K 0G7
Enablence Technologies Inc is a company operating in an integrated optical products business. The company designs manufacture and sells optical components, primarily in the form of planar lightwave circuits on silicon-based chips. Its products are offered in telecommunications, aerospace, and bio-chemical sensing industries. Enablence products serve a global customer base, primarily focused on data centres and advanced vision end markets in which Enablence works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headsets.

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