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Innovative Designs (Innovative Designs) Cyclically Adjusted PS Ratio : 8.08 (As of Jun. 04, 2024)


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What is Innovative Designs Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Innovative Designs's current share price is $0.1616. Innovative Designs's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $0.02. Innovative Designs's Cyclically Adjusted PS Ratio for today is 8.08.

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

IVDN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 10.6   Max: 50
Current: 9.46

During the past years, Innovative Designs's highest Cyclically Adjusted PS Ratio was 50.00. The lowest was 1.75. And the median was 10.60.

IVDN's Cyclically Adjusted PS Ratio is ranked worse than
98.96% of 766 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs IVDN: 9.46

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.

Innovative Designs's adjusted revenue per share data for the three months ended in Jan. 2024 was $0.002. 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 Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innovative Designs Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Innovative Designs'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.

Innovative Designs Cyclically Adjusted PS Ratio Chart

Innovative Designs Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.95 14.90 16.25 9.34 9.31

Innovative Designs Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 12.89 11.87 17.52 9.31 9.96

Competitive Comparison of Innovative Designs's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Innovative Designs'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.


Innovative Designs's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Innovative Designs's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Innovative Designs 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.

Innovative Designs's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.1616/0.02
=8.08

* 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.

Innovative Designs's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Innovative Designs's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.002/130.1244*130.1244
=0.002

Current CPI (Jan. 2024) = 130.1244.

Innovative Designs Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 0.003 100.023 0.004
201407 0.010 100.520 0.013
201410 0.006 100.176 0.008
201501 0.013 98.604 0.017
201504 0.009 99.824 0.012
201507 0.002 100.691 0.003
201510 0.009 100.346 0.012
201601 0.009 99.957 0.012
201604 0.004 100.947 0.005
201607 0.006 101.524 0.008
201610 0.004 101.988 0.005
201701 0.007 102.456 0.009
201704 0.002 103.167 0.003
201707 0.002 103.278 0.003
201710 0.004 104.070 0.005
201801 0.004 104.578 0.005
201804 0.001 105.708 0.001
201807 0.001 106.324 0.001
201810 0.003 106.695 0.004
201901 0.004 106.200 0.005
201904 0.001 107.818 0.001
201907 0.001 108.250 0.001
201910 0.001 108.577 0.001
202001 0.002 108.841 0.002
202004 0.001 108.173 0.001
202007 0.003 109.318 0.004
202010 0.001 109.861 0.001
202101 0.001 110.364 0.001
202104 0.001 112.673 0.001
202107 0.003 115.183 0.003
202110 0.001 116.696 0.001
202201 0.002 118.619 0.002
202204 0.001 121.978 0.001
202207 0.004 125.002 0.004
202210 0.001 125.734 0.001
202301 0.002 126.223 0.002
202304 0.001 127.992 0.001
202307 0.003 128.974 0.003
202310 0.003 129.810 0.003
202401 0.002 130.124 0.002

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.


Innovative Designs  (OTCPK:IVDN) 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.


Innovative Designs Cyclically Adjusted PS Ratio Related Terms

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


Innovative Designs (Innovative Designs) Business Description

Traded in Other Exchanges
N/A
Address
124 Cherry Street, Pittsburgh, PA, USA, 15223
Innovative Designs Inc markets cold-weather recreational and industrial clothing products, as well as house wrap, which is made from INSULTEX, a low density foamed polyethylene with buoyancy, scent block and thermal resistant properties. The business activity of the firm is operated through two segments Apparel and Housewrap. The Apparel segment offers a range of cold weather apparel and related items. The Housewrap segment includes its INSULTEX House Wrap and its own seam tape. It generates maximum revenue from the Housewrap segment.
Executives
Robert Kennedy Adams director 3509 WILLIAM PENN DR., SAN ANTONIO TX 78230
Donald Vincent Garlotta director 124 CHERRY STREET, PITTSBURGH PA 15223
Joseph Riccelli director, 10 percent owner, officer: Chief Executive Officer 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean Kolocouris director 109 FOX PATH, MOON TWP PA 15108
Daniel P Rains director 2509 WIEWAN ROAD, ALIQUIPPA PA 15001
Robert D Monsour director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Innovative Designs Inc director 124 CHERRY ST., STE 1, PITTSBURGH PA 15223
Joseph A Riccelli officer: Vice President 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dean P Kolocouris director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Frank Riccelli director, 10 percent owner, officer: President 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Dominic Cerniglia director 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215
Anthony Fonzi director, officer: Chief Financial Officer 223 NORTH MAIN STREET, SUITE 1, PITTSBURGH PA 15215

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