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Allient (Allient) Cyclically Adjusted PS Ratio : 1.01 (As of May. 22, 2024)


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What is Allient Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Allient's current share price is $29.13. Allient's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $28.74. Allient's Cyclically Adjusted PS Ratio for today is 1.01.

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

ALNT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.45   Max: 2.85
Current: 1.02

During the past years, Allient's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.56. And the median was 1.45.

ALNT's Cyclically Adjusted PS Ratio is ranked better than
51.59% of 1923 companies
in the Hardware industry
Industry Median: 1.06 vs ALNT: 1.02

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.

Allient's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.893. 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 $28.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Allient Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Allient'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.

Allient Cyclically Adjusted PS Ratio Chart

Allient 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 2.00 1.87 1.72 1.41 1.08

Allient 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 1.50 1.49 1.12 1.08 1.24

Competitive Comparison of Allient's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Allient'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.


Allient's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Allient's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Allient 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=29.13/28.74
=1.01

* 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.

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

For example, Allient'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)
=8.893/131.7762*131.7762
=8.893

Current CPI (Mar. 2024) = 131.7762.

Allient Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.521 100.560 5.924
201409 4.752 100.428 6.235
201412 4.470 99.070 5.946
201503 4.314 99.621 5.706
201506 4.352 100.684 5.696
201509 4.427 100.392 5.811
201512 3.670 99.792 4.846
201603 4.578 100.470 6.004
201606 4.697 101.688 6.087
201609 4.352 101.861 5.630
201612 4.369 101.863 5.652
201703 4.432 102.862 5.678
201706 4.341 103.349 5.535
201709 4.660 104.136 5.897
201712 4.682 104.011 5.932
201803 5.474 105.290 6.851
201806 5.699 106.317 7.064
201809 5.698 106.507 7.050
201812 5.207 105.998 6.473
201903 6.677 107.251 8.204
201906 6.531 108.070 7.964
201909 6.807 108.329 8.280
201912 6.144 108.420 7.468
202003 6.472 108.902 7.831
202006 6.059 108.767 7.341
202009 6.587 109.815 7.904
202012 6.456 109.897 7.741
202103 7.042 111.754 8.304
202106 7.005 114.631 8.053
202109 7.138 115.734 8.127
202112 6.614 117.630 7.409
202203 7.358 121.301 7.993
202206 7.703 125.017 8.119
202209 8.313 125.227 8.748
202212 8.184 125.222 8.612
202303 9.020 127.348 9.334
202306 9.049 128.729 9.263
202309 8.950 129.860 9.082
202312 8.548 129.419 8.704
202403 8.893 131.776 8.893

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.


Allient  (NAS:ALNT) 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.


Allient Cyclically Adjusted PS Ratio Related Terms

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


Allient (Allient) Business Description

Industry
Traded in Other Exchanges
Address
495 Commerce Drive, Suite 3, Amherst, New York, NY, USA, 14228
Allient Inc, formerly Allied Motion Technologies Inc designs, manufactures, and sells precision and specialty motion control components and systems. The firm primarily caters to the vehicle, medical, aerospace and defense, and electronics and industrial, pumps, and robotics sectors. It mainly operates and sells across the United States, Canada, South America, Europe, and Asia. Its products and solutions include nano precision positioning systems, servo control systems, motion controllers, digital servo amplifiers and drives, brushless servo, torque, and coreless motors, brush motors, integrated motor drives, gear motors, gearing, incremental and absolute optical encoders, active (electronic) and passive (magnetic) filters for power quality and harmonic issues.
Executives
Kenneth Arthur May officer: Chief Technology Officer 495 COMMERCE DRIVE, AMHERST NY 14228
Nicole R Tzetzo director C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Robert B Engel director C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Steven C. Finch director 6363 MAIN STREET, WILLIAMSVILLE NY 14221
James J Tanous director C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Richard D Federico director 8041 GREENBRIAR COURT, BURR RIDGE IL 60527
Michael R Winter director C/O ALLIED MOTION TECHNOLOGIES INC., 495 COMMERCE DRIVE, AMHERST NY 14228
Geoffery Rondeau officer: VP of Operational Excellence 495 COMMERCE DRIVE, AMHERST NY 14228
Helmut Pirthauer officer: VP and Group President 495 COMMERCE DRIVE, AMHERST NY 14228
Michael R Leach officer: Chief Financial Officer 495 COMMERCE DRIVE, AMHERST NY 14228
Ashish Bendre officer: Senior VP and Group President 495 COMMERCE DRIVE, AMHERST NY 14228
Richard S Warzala director, 10 percent owner, officer: Chief Executive Officer 495 COMMERCE DRIVE, AMHERST NY 14228
Robert P Maida officer: Senior VP and Group President 495 COMMERCE DRIVE, AMHERST NY 14228
Gerald J Laber director C/O APPLIED FILMS CORPORATION, 9586 I-25 FRONTAGE ROAD, LONGMONT CO 80504
Smith Richard D /co/ director, officer: Chief Executive Officer