GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vitreous Glass Inc (TSXV:VCI) » Definitions » Cyclically Adjusted PS Ratio

Vitreous Glass (TSXV:VCI) Cyclically Adjusted PS Ratio : 3.11 (As of Jun. 13, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Vitreous Glass Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Vitreous Glass's current share price is C$5.25. Vitreous Glass's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$1.69. Vitreous Glass's Cyclically Adjusted PS Ratio for today is 3.11.

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

TSXV:VCI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.55   Med: 2.73   Max: 4.15
Current: 3.22

During the past years, Vitreous Glass's highest Cyclically Adjusted PS Ratio was 4.15. The lowest was 1.55. And the median was 2.73.

TSXV:VCI's Cyclically Adjusted PS Ratio is ranked worse than
77.7% of 139 companies
in the Waste Management industry
Industry Median: 1.24 vs TSXV:VCI: 3.22

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.

Vitreous Glass's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.385. 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$1.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vitreous Glass Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass Cyclically Adjusted PS Ratio Chart

Vitreous Glass Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 2.65 3.91 2.65 3.18

Vitreous Glass 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 3.02 3.61 3.18 3.48 3.14

Competitive Comparison of Vitreous Glass's Cyclically Adjusted PS Ratio

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass's Cyclically Adjusted PS Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vitreous Glass 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.

Vitreous Glass's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.25/1.69
=3.11

* 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.

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

For example, Vitreous Glass'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)
=0.385/126.2576*126.2576
=0.385

Current CPI (Mar. 2024) = 126.2576.

Vitreous Glass Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.336 99.473 0.426
201409 0.371 99.394 0.471
201412 0.326 98.367 0.418
201503 0.354 99.789 0.448
201506 0.309 100.500 0.388
201509 0.363 100.421 0.456
201512 0.367 99.947 0.464
201603 0.331 101.054 0.414
201606 0.309 102.002 0.382
201609 0.275 101.765 0.341
201612 0.315 101.449 0.392
201703 0.339 102.634 0.417
201706 0.328 103.029 0.402
201709 0.327 103.345 0.400
201712 0.346 103.345 0.423
201803 0.343 105.004 0.412
201806 0.312 105.557 0.373
201809 0.372 105.636 0.445
201812 0.378 105.399 0.453
201903 0.371 106.979 0.438
201906 0.230 107.690 0.270
201909 0.374 107.611 0.439
201912 0.401 107.769 0.470
202003 0.414 107.927 0.484
202006 0.203 108.401 0.236
202009 0.435 108.164 0.508
202012 0.535 108.559 0.622
202103 0.473 110.298 0.541
202106 0.470 111.720 0.531
202109 0.399 112.905 0.446
202112 0.342 113.774 0.380
202203 0.401 117.646 0.430
202206 0.400 120.806 0.418
202209 0.353 120.648 0.369
202212 0.449 120.964 0.469
202303 0.396 122.702 0.407
202306 0.378 124.203 0.384
202309 0.364 125.230 0.367
202312 0.368 125.072 0.371
202403 0.385 126.258 0.385

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.


Vitreous Glass  (TSXV:VCI) 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.


Vitreous Glass Cyclically Adjusted PS Ratio Related Terms

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


Vitreous Glass (TSXV:VCI) Business Description

Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.
Executives
Timothy Howard Rendell Senior Officer

Vitreous Glass (TSXV:VCI) Headlines

No Headlines