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Electro Scientific Industries (Electro Scientific Industries) Cyclically Adjusted PS Ratio : (As of May. 06, 2024)


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What is Electro Scientific Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Electro Scientific Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Electro Scientific Industries'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.

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Electro Scientific Industries Cyclically Adjusted PS Ratio Chart

Electro Scientific Industries Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Cyclically Adjusted PS Ratio
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Electro Scientific Industries Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Electro Scientific Industries's Cyclically Adjusted PS Ratio

For the Semiconductors subindustry, Electro Scientific Industries'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.


Electro Scientific Industries's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Electro Scientific Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Electro Scientific Industries 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.

Electro Scientific Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2018 is calculated as:

For example, Electro Scientific Industries's adjusted Revenue per Share data for the three months ended in Dec. 2018 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2018 (Change)*Current CPI (Dec. 2018)
=1.889/105.9979*105.9979
=1.889

Current CPI (Dec. 2018) = 105.9979.

Electro Scientific Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200903 0.666 89.744 0.787
200906 0.830 91.003 0.967
200909 1.010 91.120 1.175
200912 1.419 91.111 1.651
201003 2.158 91.821 2.491
201006 2.073 91.962 2.389
201009 2.126 92.162 2.445
201012 2.344 92.474 2.687
201103 2.463 94.283 2.769
201106 2.633 95.235 2.931
201109 2.783 95.727 3.082
201112 1.726 95.213 1.921
201203 1.532 96.783 1.678
201206 2.025 96.819 2.217
201209 2.675 97.633 2.904
201212 1.263 96.871 1.382
201303 1.340 98.209 1.446
201306 1.552 98.518 1.670
201309 1.990 98.790 2.135
201312 1.273 98.326 1.372
201403 1.231 99.695 1.309
201406 1.154 100.560 1.216
201409 1.403 100.428 1.481
201412 1.426 99.070 1.526
201503 1.215 99.621 1.293
201506 1.382 100.684 1.455
201509 1.481 100.392 1.564
201512 1.376 99.792 1.462
201603 1.630 100.470 1.720
201606 1.498 101.688 1.561
201609 0.915 101.861 0.952
201612 1.026 101.863 1.068
201703 1.510 102.862 1.556
201706 2.118 103.349 2.172
201709 2.035 104.136 2.071
201712 3.078 104.011 3.137
201803 3.185 105.290 3.206
201806 3.079 106.317 3.070
201809 2.389 106.507 2.378
201812 1.889 105.998 1.889

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.


Electro Scientific Industries  (NAS:ESIO) 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.


Electro Scientific Industries Cyclically Adjusted PS Ratio Related Terms

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Electro Scientific Industries (Electro Scientific Industries) Business Description

Traded in Other Exchanges
N/A
Address
Electro Scientific Industries Inc is a manufacturer of electronic components. The company operates through two segments: Component Processing and Micromachining. The Component Processing segment includes interconnect products, semiconductor products, and component products. The interconnect, semiconductor and component products are sold to manufacturers of electronic components and are used to drill, cut, trim, ablate and test and mark features for the functionality of the component. The Micromachining segment includes products that are sold to manufacturers of end devices across various industries and are used to drill, cut or mark features on a range of materials, generally on the casing or external surface of the end device.
Executives
Raymond A Link director C/O FORMFACTOR, INC., 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Michael D Burger officer: PRESIDENT AND CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich officer: CHIEF FINANCIAL OFFICER 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Lynne J Camp director 714 NW 914TH TERRACE, PORTLAND OR 97229
Paul R Oldham officer: CFO, Sr. VP of Finance 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
John K Medica director C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPWY, BLDG C, AUSTIN TX 78759
Edward C Grady director, officer: President & CEO
Richard J Faubert director 14242 S CANYON DR, PHOENIX AZ 85048
Jon D Tompkins director 17075 THORNMINT COURT, SAN DIEGO CA 92127
D3 Family Fund Lp director, 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
Nierenberg Investment Management Co director 19605 NE 8TH ST, CAMAS WA 98607
David Nierenberg director, 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
Nierenberg Investment Management Offshore Inc 10 percent owner 19605 NE 8TH STREET CAMAS WA 98607
D3 Family Canadian Fund, L.p. 10 percent owner 19605 NE 8TH STREET, CAMAS WA 98607
D3 Offshore Fund Lp 10 percent owner 19605 NE 8TH ST CAMAS WA 98607