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Cresco Labs (XCNQ:CL) Cyclically Adjusted PS Ratio : 0.92 (As of May. 17, 2024)


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What is Cresco Labs Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Cresco Labs's current share price is C$3.00. Cresco Labs's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was C$3.26. Cresco Labs's Cyclically Adjusted PS Ratio for today is 0.92.

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

XCNQ:CL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 3.39   Max: 17.75
Current: 0.92

During the past years, Cresco Labs's highest Cyclically Adjusted PS Ratio was 17.75. The lowest was 0.43. And the median was 3.39.

XCNQ:CL's Cyclically Adjusted PS Ratio is ranked better than
74.97% of 747 companies
in the Drug Manufacturers industry
Industry Median: 2.17 vs XCNQ:CL: 0.92

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.

Cresco Labs's adjusted revenue per share data for the three months ended in Dec. 2023 was C$0.745. 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$3.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cresco Labs Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cresco Labs'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.

Cresco Labs Cyclically Adjusted PS Ratio Chart

Cresco Labs Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.23 6.19 3.01 0.78 0.55

Cresco Labs 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 0.78 0.67 0.61 0.83 0.55

Competitive Comparison of Cresco Labs's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Cresco Labs'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.


Cresco Labs's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

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

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



Cresco Labs 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.

Cresco Labs's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.00/3.26
=0.92

* 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.

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

For example, Cresco Labs'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)
=0.745/129.4194*129.4194
=0.745

Current CPI (Dec. 2023) = 129.4194.

Cresco Labs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201401 0.000 98.692 0.000
201404 0.000 100.023 0.000
201407 0.000 100.520 0.000
201410 0.000 100.176 0.000
201501 0.000 98.604 0.000
201504 0.000 99.824 0.000
201507 0.000 100.691 0.000
201510 0.000 100.346 0.000
201601 0.000 99.957 0.000
201604 0.000 100.947 0.000
201607 0.000 101.524 0.000
201610 0.000 101.988 0.000
201701 0.000 102.456 0.000
201704 0.000 103.167 0.000
201707 0.000 103.278 0.000
201710 0.000 104.070 0.000
201801 0.000 104.578 0.000
201804 0.000 105.708 0.000
201807 0.000 106.324 0.000
201810 0.000 106.695 0.000
201903 0.249 107.251 0.300
201906 0.350 108.070 0.419
201909 0.415 108.329 0.496
201912 0.416 108.420 0.497
202003 0.469 108.902 0.557
202006 0.619 108.767 0.737
202009 0.557 109.815 0.656
202012 0.945 109.897 1.113
202103 0.944 111.754 1.093
202106 0.987 114.631 1.114
202109 1.007 115.734 1.126
202112 0.995 117.630 1.095
202203 0.927 121.301 0.989
202206 0.943 125.017 0.976
202209 0.932 125.227 0.963
202212 0.897 125.222 0.927
202303 0.872 127.348 0.886
202306 0.838 128.729 0.842
202309 0.764 129.860 0.761
202312 0.745 129.419 0.745

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.


Cresco Labs  (XCNQ:CL) 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.


Cresco Labs Cyclically Adjusted PS Ratio Related Terms

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


Cresco Labs (XCNQ:CL) Business Description

Traded in Other Exchanges
Address
400 W. Erie Street, Suite 110, Chicago, IL, USA, 60654
Cresco Labs Inc is a vertically-integrated multi-state cannabis operator in the United States licensed to cultivate, manufacture and sell retail and medical cannabis products through Sunnyside, Cresco Labs' national dispensary brand and third-party retail stores. The Company operates in one segment, the cultivation, manufacturing, distribution and sale of cannabis.