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Veritec (Veritec) Cyclically Adjusted PS Ratio : 1.50 (As of Jun. 11, 2024)


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What is Veritec Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Veritec's current share price is $0.03. Veritec's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.02. Veritec's Cyclically Adjusted PS Ratio for today is 1.50.

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

VRTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01   Med: 1.11   Max: 4.5
Current: 1.4

During the past years, Veritec's highest Cyclically Adjusted PS Ratio was 4.50. The lowest was 0.01. And the median was 1.11.

VRTC's Cyclically Adjusted PS Ratio is ranked better than
56.82% of 1459 companies
in the Software industry
Industry Median: 1.82 vs VRTC: 1.40

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.

Veritec's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.003. 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 $0.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Veritec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Veritec'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.

Veritec Cyclically Adjusted PS Ratio Chart

Veritec 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 0.92 1.05 1.46 1.03 0.93

Veritec 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 0.66 0.93 1.62 2.68 0.93

Competitive Comparison of Veritec's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Veritec'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.

Veritec's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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


Veritec 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.

Veritec's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.03/0.02
=1.50

* 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.

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

For example, Veritec'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)
=0.003/131.7762*131.7762
=0.003

Current CPI (Mar. 2024) = 131.7762.

Veritec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.012 100.560 0.016
201409 0.010 100.428 0.013
201412 0.024 99.070 0.032
201503 0.010 99.621 0.013
201506 0.014 100.684 0.018
201509 0.012 100.392 0.016
201512 0.002 99.792 0.003
201603 0.002 100.470 0.003
201606 0.008 101.688 0.010
201609 0.002 101.861 0.003
201612 0.002 101.863 0.003
201703 0.003 102.862 0.004
201706 0.002 103.349 0.003
201709 0.003 104.136 0.004
201712 0.003 104.011 0.004
201803 0.002 105.290 0.003
201806 0.005 106.317 0.006
201809 0.002 106.507 0.002
201812 0.002 105.998 0.002
201903 0.002 107.251 0.002
201906 0.002 108.070 0.002
201909 0.004 108.329 0.005
201912 0.002 108.420 0.002
202003 0.003 108.902 0.004
202006 0.002 108.767 0.002
202009 0.002 109.815 0.002
202012 0.003 109.897 0.004
202103 0.002 111.754 0.002
202106 0.003 114.631 0.003
202109 0.003 115.734 0.003
202112 0.002 117.630 0.002
202203 0.002 121.301 0.002
202206 0.002 125.017 0.002
202209 0.003 125.227 0.003
202212 0.003 125.222 0.003
202303 0.002 127.348 0.002
202306 0.002 128.729 0.002
202309 0.001 129.860 0.001
202312 0.003 129.419 0.003
202403 0.003 131.776 0.003

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.

Veritec  (OTCPK:VRTC) 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.

Veritec Cyclically Adjusted PS Ratio Related Terms

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

Veritec (Veritec) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Veritec Inc (OTCPK:VRTC) » Definitions » Cyclically Adjusted PS Ratio
Comparable Companies
LUPGF VBIX BOMO IGEN MAPT CUEN LAAB BZWR GAHC HPTO CRM XTER:SAP INTU NOW UBER CDNS SHOP TSX:CSU WDAY ROP
Traded in Other Exchanges
N/A
Address
12445 Winnetka Avenue North, Golden Valley, MN, USA, 55427
Website
https://www.veritecinc.com
Veritec Inc is engaged in the development, marketing, sales, and licensing of products and rendering of professional services. The company renders professional services related to mobile banking technology. Its mobile banking technology is used to offer Prepaid Card Programs to sponsor banks and approved applicants/cardholders. The products and services offered by the company include MTC Debit Card - Visa Prepaid Card Programs, blinx ON-OFF Debit Card - Visa Prepaid Card Programs, Custom Branded Debit Card Programs, and blinxPay Mobile Wallet App. Geographically, it derives revenue from the United States.
Executives
Matthews Group, Llc 10 percent owner 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Van Thuy Tran director, 10 percent owner, officer: CEO & President 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Lawrence J Johanns 10 percent owner 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Laird E. Powers director 530 HAWTHORNE COURT, LOS ALTOS CA 94024
David Christopher Reiling director 4516 FREMONT AVENUE SOUTH, MINNEAPOLIS MN 55419
Robert W Junghans director 2 SKILLMAN LANE, NORTH OAKS MN 55127
Jeffrey J Hattara officer: Chief Executive Officer 319 BARRY AVENUE SOUTH, SUITE 300, WAYZATA MN 55391
Gerald David Fors officer: CFO 7321-15TH AVE. SO., RICHFIELD MN 55423
Larry Matthews director 7601 5TH AVE., RICHFIELD MN 55423
Charles E Boyer director

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