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Aware (AWRE) Cyclically Adjusted PS Ratio : 1.96 (As of Jun. 07, 2024)


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What is Aware Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Aware's current share price is $1.82. Aware's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $0.93. Aware's Cyclically Adjusted PS Ratio for today is 1.96.

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

AWRE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.15   Med: 3.86   Max: 6.46
Current: 1.96

During the past years, Aware's highest Cyclically Adjusted PS Ratio was 6.46. The lowest was 1.15. And the median was 3.86.

AWRE's Cyclically Adjusted PS Ratio is ranked worse than
52.5% of 1461 companies
in the Software industry
Industry Median: 1.82 vs AWRE: 1.96

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.

Aware's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.210. 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 $0.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aware Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aware'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.

Aware Cyclically Adjusted PS Ratio Chart

Aware 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 3.72 4.04 3.54 1.86 1.79

Aware 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 1.83 1.70 1.46 1.79 2.02

Competitive Comparison of Aware's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, Aware'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.


Aware's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



Aware 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.82/0.93
=1.96

* 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.

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

For example, Aware'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)
=0.21/131.7762*131.7762
=0.210

Current CPI (Mar. 2024) = 131.7762.

Aware Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.296 100.560 0.388
201409 0.263 100.428 0.345
201412 0.189 99.070 0.251
201503 0.180 99.621 0.238
201506 0.196 100.684 0.257
201509 0.176 100.392 0.231
201512 0.302 99.792 0.399
201603 0.210 100.470 0.275
201606 0.299 101.688 0.387
201609 0.257 101.861 0.332
201612 0.174 101.863 0.225
201703 0.186 102.862 0.238
201706 0.116 103.349 0.148
201709 0.262 104.136 0.332
201712 0.142 104.011 0.180
201803 0.135 105.290 0.169
201806 0.175 106.317 0.217
201809 0.250 106.507 0.309
201812 0.188 105.998 0.234
201903 0.173 107.251 0.213
201906 0.140 108.070 0.171
201909 0.140 108.329 0.170
201912 0.114 108.420 0.139
202003 0.163 108.902 0.197
202006 0.088 108.767 0.107
202009 0.115 109.815 0.138
202012 0.159 109.897 0.191
202103 0.206 111.754 0.243
202106 0.198 114.631 0.228
202109 0.194 115.734 0.221
202112 0.185 117.630 0.207
202203 0.217 121.301 0.236
202206 0.196 125.017 0.207
202209 0.138 125.227 0.145
202212 0.190 125.222 0.200
202303 0.205 127.348 0.212
202306 0.152 128.729 0.156
202309 0.302 129.860 0.306
202312 0.208 129.419 0.212
202403 0.210 131.776 0.210

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.


Aware  (NAS:AWRE) 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.


Aware Cyclically Adjusted PS Ratio Related Terms

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


Aware (AWRE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
76 Blanchard Road, Burlington, MA, USA, 01803
Aware Inc is a provider of software and services to the biometrics industry. The company's software products are used in government and commercial biometrics systems to identify or authenticate people. The government applications of biometrics systems include border control, visitor screening, law enforcement, national defense, intelligence, secure credentialing, access control, and background checks. Its commercial applications include user authentication for login to mobile devices, computers, networks, and software programs, user authentication for financial transactions and purchases. Its geographical segments include the United States, Brazil, the United Kingdom, and the Rest of the world.
Executives
Robert A Eckel director, officer: CEO and President C/O AWARE, INC., 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
David K Traverse officer: Principal Financial Officer 108 ADAMS STREET, DUNSTABLE MA 01827
Stafford John S Iii director, 10 percent owner 230 SOUTH LASALLE STREET 400, CHICAGO IL 60604
David Brian Barcelo officer: Chief Financial Officer 15 DAWN CIRCLE, ANDOVER MA 01810
Ronin Trading, Llc 10 percent owner 350 N. ORLEANS STREET, 2N, CHICAGO IL 60654
Craig A Herman officer: Chief Revenue Officer 15 ABBOT STREET, MARBLEHEAD MA 01945
Mohamed Lazzouni officer: Chief Technology Officer C/O VIISAGE TECHNOLOGY, INC., 296 CONCORD ROAD, BILLIERCA MA 01821
Gary Evee director 36 CONCETTA SASS DRIVE, RANDOLPH MA 02368
Peter R. Faubert director 50 NAGOG PARK, ACTON MA 01720
Ronin Capital, Llc 10 percent owner 350 N. ORLEANS, SUITE 2N, CHICAGO IL 60654
Brian D Connolly director 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Brent P Johnstone director 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
Richard P Moberg director C/O AWARE INC, 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730
David J Martin officer: Chief Financial Officer
Adrian F Kruse director C/O AWARE INC, 40 MIDDLESEX TURNPIKE, BEDFORD MA 01730