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Exponent (Exponent) Cyclically Adjusted PS Ratio : 10.77 (As of May. 22, 2024)


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What is Exponent Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Exponent's current share price is $96.71. Exponent's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.98. Exponent's Cyclically Adjusted PS Ratio for today is 10.77.

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

EXPO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.73   Med: 8.93   Max: 17.57
Current: 10.81

During the past years, Exponent's highest Cyclically Adjusted PS Ratio was 17.57. The lowest was 3.73. And the median was 8.93.

EXPO's Cyclically Adjusted PS Ratio is ranked worse than
98.2% of 1277 companies
in the Construction industry
Industry Median: 0.64 vs EXPO: 10.81

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.

Exponent's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.819. 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 $8.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Exponent Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Exponent'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.

Exponent Cyclically Adjusted PS Ratio Chart

Exponent 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 11.18 13.81 15.99 12.23 10.09

Exponent 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 11.95 10.94 9.86 10.09 9.20

Competitive Comparison of Exponent's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Exponent'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.


Exponent's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Exponent's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Exponent 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=96.71/8.98
=10.77

* 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.

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

For example, Exponent'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)
=2.819/131.7762*131.7762
=2.819

Current CPI (Mar. 2024) = 131.7762.

Exponent Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.380 100.560 1.808
201409 1.421 100.428 1.865
201412 1.347 99.070 1.792
201503 1.466 99.621 1.939
201506 1.459 100.684 1.910
201509 1.448 100.392 1.901
201512 1.357 99.792 1.792
201603 1.526 100.470 2.001
201606 1.418 101.688 1.838
201609 1.427 101.861 1.846
201612 1.428 101.863 1.847
201703 1.559 102.862 1.997
201706 1.629 103.349 2.077
201709 1.624 104.136 2.055
201712 1.634 104.011 2.070
201803 1.786 105.290 2.235
201806 1.764 106.317 2.186
201809 1.755 106.507 2.171
201812 1.702 105.998 2.116
201903 1.840 107.251 2.261
201906 1.977 108.070 2.411
201909 1.880 108.329 2.287
201912 2.046 108.420 2.487
202003 1.975 108.902 2.390
202006 1.732 108.767 2.098
202009 1.854 109.815 2.225
202012 1.938 109.897 2.324
202103 2.184 111.754 2.575
202106 2.250 114.631 2.587
202109 2.183 115.734 2.486
202112 2.127 117.630 2.383
202203 2.422 121.301 2.631
202206 2.487 125.017 2.621
202209 2.445 125.227 2.573
202212 2.466 125.222 2.595
202303 2.715 127.348 2.809
202306 2.713 128.729 2.777
202309 2.582 129.860 2.620
202312 2.386 129.419 2.429
202403 2.819 131.776 2.819

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.


Exponent  (NAS:EXPO) 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.


Exponent Cyclically Adjusted PS Ratio Related Terms

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


Exponent (Exponent) Business Description

Industry
Traded in Other Exchanges
Address
149 Commonwealth Drive, Menlo Park, CA, USA, 94025
Exponent Inc provides engineering and scientific consulting services on a project-by-project basis. The company's consultant team is composed of scientists, physicians, engineers, as well as business and regulatory consultants. The company currently operates through two segments. The engineering and other scientific segments, which accounts for the majority of revenue, provides servicing encompassing biomechanics, biomedical engineering, buildings and structures, civil engineering, construction consulting, etc. The environmental and health segment covers chemical regulation and food safety, ecological and biological sciences, environmental and earth sciences and others. The company generates almost all of its revenues from America.
Executives
Reitman Maureen T. F. officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Bradley A James officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Steven J Murray officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Richard Reiss officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Joseph Rakow officer: Group Vice President 149 COMMONWEATH DRIVE, MENLO PARK CA 94025
Eric Guyer officer: Group Vice Presient 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Harri Kytomaa officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Carol Lindstrom director 5994 SILVERADO TRAIL, NAPA CA 94558
Sally Shepard officer: VP, Human Resources 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
George H. Brown director 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Paul R Johnston officer: Chief Operating Officer EXPONENT INC, 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
John Joseph Doyle officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Schlenker Richard L Jr officer: Chief Financial Officer EPONENT INC, 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
John Pye officer: Group Vice President 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Debra Zumwalt director 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025

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