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EKF Diagnostics Holdings (LSE:EKF) Cyclically Adjusted PS Ratio : 2.54 (As of May. 19, 2024)


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What is EKF Diagnostics Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-19), EKF Diagnostics Holdings's current share price is £0.33. EKF Diagnostics Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.13. EKF Diagnostics Holdings's Cyclically Adjusted PS Ratio for today is 2.54.

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

LSE:EKF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.05   Med: 3.14   Max: 8.33
Current: 2.53

During the past 13 years, EKF Diagnostics Holdings's highest Cyclically Adjusted PS Ratio was 8.33. The lowest was 1.05. And the median was 3.14.

LSE:EKF's Cyclically Adjusted PS Ratio is ranked worse than
51.48% of 474 companies
in the Medical Devices & Instruments industry
Industry Median: 2.19 vs LSE:EKF: 2.53

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.

EKF Diagnostics Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.116. 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 £0.13 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


EKF Diagnostics Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EKF Diagnostics Holdings'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.

EKF Diagnostics Holdings Cyclically Adjusted PS Ratio Chart

EKF Diagnostics Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 6.79 6.44 3.90 2.43

EKF Diagnostics Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6.44 - 3.90 - 2.43

Competitive Comparison of EKF Diagnostics Holdings's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, EKF Diagnostics Holdings'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.


EKF Diagnostics Holdings's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, EKF Diagnostics Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



EKF Diagnostics Holdings 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.

EKF Diagnostics Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.33/0.13
=2.54

* 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.

EKF Diagnostics Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, EKF Diagnostics Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.116/130.5000*130.5000
=0.116

Current CPI (Dec23) = 130.5000.

EKF Diagnostics Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.094 99.900 0.123
201512 0.070 100.400 0.091
201612 0.086 102.200 0.110
201712 0.089 105.000 0.111
201812 0.092 107.100 0.112
201912 0.098 108.500 0.118
202012 0.142 109.400 0.169
202112 0.178 114.700 0.203
202212 0.146 125.300 0.152
202312 0.116 130.500 0.116

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.


EKF Diagnostics Holdings  (LSE:EKF) 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.


EKF Diagnostics Holdings Cyclically Adjusted PS Ratio Related Terms

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EKF Diagnostics Holdings (LSE:EKF) Business Description

Traded in Other Exchanges
Address
19 Stanwell Road, Penarth, Avon House, Cardiff, GBR, CF64 2EZ
EKF Diagnostics Holdings PLC is engaged in the field of medical diagnostics. The company's core business is point-of-care testing and manufacturing reagents for use in central laboratories. It caters to companies focused on areas such as diabetes, blood banking, and sports medicine. The company derives its income from its sales in the United States. Its other markets include Germany, Poland, and Russia.

EKF Diagnostics Holdings (LSE:EKF) Headlines

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