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CPS Technologies (CPS Technologies) Cyclically Adjusted PS Ratio : 0.92 (As of May. 23, 2024)


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What is CPS Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-23), CPS Technologies's current share price is $1.72. CPS Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.86. CPS Technologies's Cyclically Adjusted PS Ratio for today is 0.92.

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

CPSH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.58   Med: 1.45   Max: 16.55
Current: 0.92

During the past years, CPS Technologies's highest Cyclically Adjusted PS Ratio was 16.55. The lowest was 0.58. And the median was 1.45.

CPSH's Cyclically Adjusted PS Ratio is ranked better than
54.06% of 1922 companies
in the Hardware industry
Industry Median: 1.06 vs CPSH: 0.92

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.

CPS Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.407. 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 $1.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CPS Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CPS Technologies'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.

CPS Technologies Cyclically Adjusted PS Ratio Chart

CPS Technologies 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 0.63 1.77 2.29 1.49 1.28

CPS Technologies 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 1.55 1.51 1.50 1.28 1.00

Competitive Comparison of CPS Technologies's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, CPS Technologies'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.


CPS Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



CPS Technologies 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.

CPS Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.72/1.86
=0.92

* 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.

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

For example, CPS Technologies'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)
=0.407/131.7762*131.7762
=0.407

Current CPI (Mar. 2024) = 131.7762.

CPS Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.392 100.560 0.514
201409 0.442 100.428 0.580
201412 0.435 99.070 0.579
201503 0.385 99.621 0.509
201506 0.414 100.684 0.542
201509 0.398 100.392 0.522
201512 0.398 99.792 0.526
201603 0.386 100.470 0.506
201606 0.298 101.688 0.386
201609 0.252 101.861 0.326
201612 0.218 101.863 0.282
201703 0.215 102.862 0.275
201706 0.282 103.349 0.360
201709 0.318 104.136 0.402
201712 0.288 104.011 0.365
201803 0.315 105.290 0.394
201806 0.396 106.317 0.491
201809 0.463 106.507 0.573
201812 0.460 105.998 0.572
201903 0.399 107.251 0.490
201906 0.480 108.070 0.585
201909 0.332 108.329 0.404
201912 0.412 108.420 0.501
202003 0.492 108.902 0.595
202006 0.434 108.767 0.526
202009 0.331 109.815 0.397
202012 0.309 109.897 0.371
202103 0.341 111.754 0.402
202106 0.403 114.631 0.463
202109 0.372 115.734 0.424
202112 0.421 117.630 0.472
202203 0.454 121.301 0.493
202206 0.481 125.017 0.507
202209 0.459 125.227 0.483
202212 0.417 125.222 0.439
202303 0.485 127.348 0.502
202306 0.507 128.729 0.519
202309 0.429 129.860 0.435
202312 0.462 129.419 0.470
202403 0.407 131.776 0.407

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.


CPS Technologies  (NAS:CPSH) 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.


CPS Technologies Cyclically Adjusted PS Ratio Related Terms

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


CPS Technologies (CPS Technologies) Business Description

Industry
Traded in Other Exchanges
N/A
Address
111 South Worcester Street, Norton, MA, USA, 02766-2102
CPS Technologies Corp provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. The company designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers.
Executives
Brian T Mackey officer: CEO 792 WEST STREET, C108, MANSFIELD MA 02048
Ralph M Norwood officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Peregrine Financial Corp 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Trust Company, Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Holdings Llc 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Phoenix Venture Partners, Inc. 10 percent owner 222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Ard Master Lp 10 percent owner
Grant C Bennett director, 10 percent owner, officer: President & CEO
Griffith Charles Kellogg Jr officer: Chief Financial Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Daniel C Snow director 5 LODGE RD., BELMONT MA 02478
Thomas M Culligan director 3000 TAFT STREET, HOLLYWOOD FL 33021
Michael E Mccormack officer: Chief Operating Officer 111 SOUTH WORCESTER STREET, NORTON MA 02766
Thomas E Breen officer: SVP, Sales & Marketing 111 SOUTH WORCESTER STREET, NORTON MA 02766
Richard W Adams officer: Senior Vice-President & CTO 111 S. WORCESTER ST., NORTON MA 02766
Charles Darosa officer: Vice-President, Operations 111 S. WORCESTER STREET, NORTON MA 02766

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