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Travere Therapeutics (Travere Therapeutics) Cyclically Adjusted PS Ratio : 1.91 (As of Jun. 07, 2024)


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What is Travere Therapeutics Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Travere Therapeutics's current share price is $7.23. Travere Therapeutics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.78. Travere Therapeutics's Cyclically Adjusted PS Ratio for today is 1.91.

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

TVTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 5.67   Max: 9
Current: 2.07

During the past years, Travere Therapeutics's highest Cyclically Adjusted PS Ratio was 9.00. The lowest was 1.39. And the median was 5.67.

TVTX's Cyclically Adjusted PS Ratio is ranked better than
73.81% of 504 companies
in the Biotechnology industry
Industry Median: 5.525 vs TVTX: 2.07

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.

Travere Therapeutics's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.536. 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 $3.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Travere Therapeutics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Travere Therapeutics'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.

Travere Therapeutics Cyclically Adjusted PS Ratio Chart

Travere Therapeutics 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 - 7.73 8.64 5.71 2.46

Travere Therapeutics 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 6.09 4.13 2.41 2.46 2.04

Competitive Comparison of Travere Therapeutics's Cyclically Adjusted PS Ratio

For the Biotechnology subindustry, Travere Therapeutics'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.


Travere Therapeutics's Cyclically Adjusted PS Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Travere Therapeutics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Travere Therapeutics 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.

Travere Therapeutics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.23/3.78
=1.91

* 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.

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

For example, Travere Therapeutics'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)
=0.536/131.7762*131.7762
=0.536

Current CPI (Mar. 2024) = 131.7762.

Travere Therapeutics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.210 100.560 0.275
201409 0.296 100.428 0.388
201412 0.574 99.070 0.763
201503 0.572 99.621 0.757
201506 0.689 100.684 0.902
201509 0.655 100.392 0.860
201512 0.763 99.792 1.008
201603 0.764 100.470 1.002
201606 0.908 101.688 1.177
201609 0.918 101.861 1.188
201612 0.869 101.863 1.124
201703 0.859 102.862 1.100
201706 0.994 103.349 1.267
201709 1.044 104.136 1.321
201712 1.050 104.011 1.330
201803 0.969 105.290 1.213
201806 1.032 106.317 1.279
201809 1.000 106.507 1.237
201812 1.060 105.998 1.318
201903 0.956 107.251 1.175
201906 1.066 108.070 1.300
201909 1.033 108.329 1.257
201912 1.085 108.420 1.319
202003 1.096 108.902 1.326
202006 1.082 108.767 1.311
202009 1.004 109.815 1.205
202012 0.994 109.897 1.192
202103 0.843 111.754 0.994
202106 0.902 114.631 1.037
202109 1.122 115.734 1.278
202112 -0.623 117.630 -0.698
202203 0.768 121.301 0.834
202206 0.851 125.017 0.897
202209 0.438 125.227 0.461
202212 0.457 125.222 0.481
202303 0.453 127.348 0.469
202306 0.785 128.729 0.804
202309 0.486 129.860 0.493
202312 0.589 129.419 0.600
202403 0.536 131.776 0.536

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.


Travere Therapeutics  (NAS:TVTX) 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.


Travere Therapeutics Cyclically Adjusted PS Ratio Related Terms

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


Travere Therapeutics (Travere Therapeutics) Business Description

Traded in Other Exchanges
N/A
Address
3611 Valley Centre Drive, Suite 300, San Diego, CA, USA, 92130
Travere Therapeutics Inc is a biopharmaceutical company. The company is focused on identifying, developing and delivering life-changing therapies to people living with rare kidney, liver, and metabolic diseases. Its pipeline candidate, sparsentan, is an investigational product candidate in late-stage development for focal segmental glomerulosclerosis (FSGS) and IgA nephropathy (IgAN) - rare kidney disorders that often cause end-stage kidney disease.
Executives
Jula Inrig officer: Chief Medical Officer C/O TRAVERE THERAPEUTICS, INC., 3611 VALLEY CENTRE DRIVE, SUITE 300, SAN DIEGO CA 92130
Peter Heerma officer: Chief Commercial Officer C/O TRAVERE THERAPEUTICS, INC., 3611 VALLEY CENTRE DRIVE, SUITE 300, SAN DIEGO CA 92130
William E. Rote officer: Senior Vice President, R&D C/O RETROPHIN, INC., 3721 VALLEY CENTRE DRIVE, SUITE 200, SAN DIEGO CA 92130
Christopher R. Cline officer: Chief Financial Officer C/O TRAVERE THERAPEUTICS, INC., 3611 VALLEY CENTRE DRIVE, STE 300, SAN DIEGO CA 92130
Eric M Dube director, officer: Chief Executive Officer 3721 VALLEY CENTRE DRIVE, SUITE 200, SAN DIEGO CA 92130
Elizabeth E Reed officer: SVP, GC & Corporate Secretary 9050 CAMINO SANTA FE, SAN DIEGO CA 92121
Sandra Calvin officer: VP, Corp Controller and CAO 3611 VALLEY CENTER DRIVE, SUITE 300, SAN DIEGO CA 92130
Laura Clague officer: Chief Financial Officer 370 PARK RANCH PLACE, ESCONDIDO CA 92025
Steve Aselage director 6300 DUMBARTON CIRCLE, FREMONT CA 94555
Brinkley Ruth Williams director C/O TRAVERE THERAPEUTICS, INC., 3611 VALLEY CENTRE DRIVE, SUITE 300, SAN DIEGO CA 92130
Noah L. Rosenberg officer: Chief Medical Officer C/O ESPERION THERAPEUTICS, INC., 46701 COMMERCE CENTER DRIVE, PLYMOUTH MI 48170
Suzanne Louise Bruhn director C/O AEGLEA BIOTHERAPEUTICS, INC., 901 S. MOPAC EXPRESSWAY, SUITE 250, AUSTIN TX 78746
Neil F. Mcfarlane officer: Chief Operating Officer C/O RETROPHIN, INC., 12255 EL CAMINO REAL, SUITE 250, SAN DIEGO CA 92130
Sandra Poole director 830 WINTER STREET, WALTHAM MA 02451
Ron Squarer director C/O ADC THERAPEUTICS SA, BIOPOLE, ROUTE DE LA CORNICHE 3B, EPALINGES V8 1066