Target Group (Target Group) Cyclically Adjusted PS Ratio : 0.01 (As of Jun. 07, 2024)

View and export this data going back to 2015. Start your Free Trial

What is Target Group Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Target Group's current share price is $0.00266. Target Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.20. Target Group's Cyclically Adjusted PS Ratio for today is 0.01.

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

CBDY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.04
Current: 0.01

During the past years, Target Group's highest Cyclically Adjusted PS Ratio was 0.04. The lowest was 0.01. And the median was 0.01.

CBDY's Cyclically Adjusted PS Ratio is ranked better than
99.87% of 743 companies
in the Drug Manufacturers industry
Industry Median: 2.05 vs CBDY: 0.01

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.

Target Group'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 $0.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Target Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Target 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.

Target Group Cyclically Adjusted PS Ratio Chart

Target Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PS Ratio

Get a 7-Day Free Trial

0.01

Target Group 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															-	-	0.03	0.01	0.02

Competitive Comparison of Target Group's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Target 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.

Target Group's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

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

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

Target 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.

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

Cyclically Adjusted PS Ratio	=	Share Price	/	Cyclically Adjusted Revenue per Share
	=	0.00266	/	0.2
	=	0.01

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

For example, Target Group'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	/	126.2576	*	126.2576
	=	0.003

Current CPI (Mar. 2024) = 126.2576.

Target Group Quarterly Data

	Revenue per Share	CPI	Adj_RevenuePerShare
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	0.227	102.002	0.281
201609	0.032	101.765	0.040
201612	0.029	101.449	0.036
201703	0.020	102.634	0.025
201706	0.053	103.029	0.065
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	0.000	106.979	0.000
201906	0.000	107.690	0.000
201909	0.000	107.611	0.000
201912	0.000	107.769	0.000
202003	0.000	107.927	0.000
202006	0.000	108.401	0.000
202009	0.000	108.164	0.000
202012	0.000	108.559	0.000
202103	0.000	110.298	0.000
202106	0.000	111.720	0.000
202109	0.000	112.905	0.000
202112	0.000	113.774	0.000
202203	0.000	117.646	0.000
202206	0.000	120.806	0.000
202209	0.000	120.648	0.000
202212	0.000	120.964	0.000
202303	0.000	122.702	0.000
202306	0.001	124.203	0.001
202309	0.002	125.230	0.002
202312	0.003	125.072	0.003
202403	0.003	126.258	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.

Target Group (OTCPK:CBDY) 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.

Target Group Cyclically Adjusted PS Ratio Related Terms

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

Target Group (Target Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Target Group Inc (OTCPK:CBDY) » Definitions » Cyclically Adjusted PS Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Hempstead Drive, Hamilton, ON, CAN, L8W 2E7

Website

https://www.targetgroupinc.ca

Target Group Inc is engaged in the cultivation, processing, and distribution of curated cannabis products for the adult-use medical and recreational cannabis market in Canada. The company generates revenue from the sale of Wisp vaporizer and pod units.

Executives

Barry Alan Katzman	director	36 ADDISON DRIVE, ST. CATHERINES A6 L2S 4B7
Anthony Carlo Zarcone	director	564 NORTH SHORE BLVD., BURLINGTON A6 L7T 1X2
Frank Michael Monte	director	18 BRAESIDE SQ, MARKHAM A6 L3R 0A5
Saul Niddam	director	42 HEATHVIEW AVE, NORTH YORK A6 M2K 2C1
Azmatali Mehrali	officer: CFO	134 BRIDGEPOINTE COURT, AURORA A6 L4H 3H8
Alexander Starr	director, 10 percent owner, officer: President	1131A LESLIE STREET, SUITE 101, TORONTO A6 M3C 3L8
Rubin Schindermann	director, 10 percent owner, officer: CEO	1131A LESLIE STREET, SUITE 101, TORONTO A6 M3C 3L8
Weinstein Family (2015) Trust	10 percent owner	52 RIDOUT STREET EAST, TILLSONBURG A6 N4G 2E3
Chess Supersite Inc. (canada)	10 percent owner	1131A LESLIE STREET, SUITE 101, TORONTO A6 M3C 3L8
Nava Starr	other: See Remarks	1131A LESLIE STREET, SUITE 101, TORONTO A6 M3C 3L8
James M Cassidy	director, 10 percent owner, officer: president	215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop	director, 10 percent owner, officer: vice president	9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212