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Extendicare (TSX:EXE) Cyclically Adjusted PS Ratio : 0.58 (As of Jun. 08, 2024)


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What is Extendicare Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Extendicare's current share price is C$7.52. Extendicare's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$12.92. Extendicare's Cyclically Adjusted PS Ratio for today is 0.58.

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

TSX:EXE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.48   Max: 0.65
Current: 0.58

During the past years, Extendicare's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.25. And the median was 0.48.

TSX:EXE's Cyclically Adjusted PS Ratio is ranked better than
70.64% of 344 companies
in the Healthcare Providers & Services industry
Industry Median: 1.19 vs TSX:EXE: 0.58

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.

Extendicare's adjusted revenue per share data for the three months ended in Mar. 2024 was C$4.205. 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$12.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Extendicare Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Extendicare'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.

Extendicare Cyclically Adjusted PS Ratio Chart

Extendicare 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 0.55 0.48 0.59 0.55 0.58

Extendicare 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 0.54 0.61 0.53 0.58 0.59

Competitive Comparison of Extendicare's Cyclically Adjusted PS Ratio

For the Medical Care Facilities subindustry, Extendicare'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.


Extendicare's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Extendicare's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Extendicare 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.52/12.92
=0.58

* 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.

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

For example, Extendicare'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)
=4.205/126.2576*126.2576
=4.205

Current CPI (Mar. 2024) = 126.2576.

Extendicare Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.034 99.473 2.582
201409 2.098 99.394 2.665
201412 2.143 98.367 2.751
201503 2.038 99.789 2.579
201506 2.372 100.500 2.980
201509 2.564 100.421 3.224
201512 2.650 99.947 3.348
201603 2.562 101.054 3.201
201606 2.627 102.002 3.252
201609 2.688 101.765 3.335
201612 2.770 101.449 3.447
201703 2.686 102.634 3.304
201706 2.732 103.029 3.348
201709 2.729 103.345 3.334
201712 2.816 103.345 3.440
201803 2.723 105.004 3.274
201806 2.835 105.557 3.391
201809 2.837 105.636 3.391
201812 2.921 105.399 3.499
201903 2.765 106.979 3.263
201906 2.857 107.690 3.350
201909 3.116 107.611 3.656
201912 2.183 107.769 2.558
202003 2.718 107.927 3.180
202006 2.814 108.401 3.278
202009 2.961 108.164 3.456
202012 2.513 108.559 2.923
202103 2.933 110.298 3.357
202106 2.800 111.720 3.164
202109 2.821 112.905 3.155
202112 3.019 113.774 3.350
202203 2.968 117.646 3.185
202206 2.991 120.806 3.126
202209 2.896 120.648 3.031
202212 2.697 120.964 2.815
202303 3.926 122.702 4.040
202306 3.153 124.203 3.205
202309 3.817 125.230 3.848
202312 2.668 125.072 2.693
202403 4.205 126.258 4.205

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.


Extendicare  (TSX:EXE) 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.


Extendicare Cyclically Adjusted PS Ratio Related Terms

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


Extendicare (TSX:EXE) Business Description

Traded in Other Exchanges
Address
3000 Steeles Avenue East, Suite 700, Markham, ON, CAN, L3R 9W2
Extendicare Inc is a senior care provider in Canada, focused on long-term care and home health care. The company has three main business segments namely Long-term Care, Home Health Care, and Managed Services. The Long-term Care segment, operating under the Extendicare brand, represents 53 owned homes in Ontario, Alberta and Manitoba. The Home Health Care segment, operating under the ParaMed brand, provides more than 9 million hours of home health care services annually in Ontario, Alberta, Manitoba and Nova Scotia. The Managed Services segment, operating under the Extendicare Assist and SGP Purchasing Partner Network brands, provides management, consulting and group purchasing services to other care providers across Canada.

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