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Titan Logix (TSXV:TLA) Cyclically Adjusted PS Ratio : 2.08 (As of Jun. 10, 2024)


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What is Titan Logix Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Titan Logix's current share price is C$0.54. Titan Logix's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was C$0.26. Titan Logix's Cyclically Adjusted PS Ratio for today is 2.08.

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

TSXV:TLA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.33   Max: 3.26
Current: 2.05

During the past years, Titan Logix's highest Cyclically Adjusted PS Ratio was 3.26. The lowest was 0.71. And the median was 1.33.

TSXV:TLA's Cyclically Adjusted PS Ratio is ranked worse than
62.06% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs TSXV:TLA: 2.05

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.

Titan Logix's adjusted revenue per share data for the three months ended in Feb. 2024 was C$0.061. 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$0.26 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Titan Logix Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Titan Logix'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.

Titan Logix Cyclically Adjusted PS Ratio Chart

Titan Logix Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 0.81 1.33 1.36 2.09

Titan Logix Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.85 1.79 2.09 1.81 1.88

Competitive Comparison of Titan Logix's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Titan Logix'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.


Titan Logix's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Titan Logix's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Titan Logix 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.

Titan Logix's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.54/0.26
=2.08

* 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.

Titan Logix's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Titan Logix's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.061/125.4675*125.4675
=0.061

Current CPI (Feb. 2024) = 125.4675.

Titan Logix Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.164 99.394 0.207
201408 0.184 99.315 0.232
201411 0.193 99.078 0.244
201502 0.152 99.078 0.192
201505 0.098 100.263 0.123
201508 0.066 100.579 0.082
201511 0.061 100.421 0.076
201602 0.036 100.421 0.045
201605 0.028 101.765 0.035
201608 0.025 101.686 0.031
201611 0.029 101.607 0.036
201702 0.031 102.476 0.038
201705 0.029 103.108 0.035
201708 0.035 103.108 0.043
201711 0.031 103.740 0.037
201802 0.033 104.688 0.040
201805 0.043 105.399 0.051
201808 0.051 106.031 0.060
201811 0.052 105.478 0.062
201902 0.049 106.268 0.058
201905 0.046 107.927 0.053
201908 0.048 108.085 0.056
201911 0.049 107.769 0.057
202002 0.046 108.559 0.053
202005 0.027 107.532 0.032
202008 0.020 108.243 0.023
202011 0.030 108.796 0.035
202102 0.026 109.745 0.030
202105 0.037 111.404 0.042
202108 0.031 112.668 0.035
202111 0.022 113.932 0.024
202202 0.038 115.986 0.041
202205 0.045 120.016 0.047
202208 0.049 120.569 0.051
202211 0.052 121.675 0.054
202302 0.053 122.070 0.054
202305 0.055 124.045 0.056
202308 0.055 125.389 0.055
202311 0.053 125.468 0.053
202402 0.061 125.468 0.061

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.


Titan Logix  (TSXV:TLA) 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.


Titan Logix Cyclically Adjusted PS Ratio Related Terms

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


Titan Logix (TSXV:TLA) Business Description

Traded in Other Exchanges
Address
4130 - 93rd Street, Edmonton, AB, CAN, T6E 5P5
Titan Logix Corp designs and manufactures mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Titan's TD Series of tank-level monitors are known for their high level of accuracy, rugged design, and solid-state reliability. The solutions are designed for hazardous and non-hazardous applications and serve customers in a wide range of applications including petroleum, environmental solutions, chemical and agriculture. The company predominantly operates in two geographic regions that is Canada and the United States. It derives majority of its revenue from its business in the United States.
Executives
Grant Reeves Director

Titan Logix (TSXV:TLA) Headlines

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