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Faro Technologies (Faro Technologies) Cyclically Adjusted PS Ratio : 0.80 (As of May. 22, 2024)


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What is Faro Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Faro Technologies's current share price is $19.08. Faro Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $23.79. Faro Technologies's Cyclically Adjusted PS Ratio for today is 0.80.

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

FARO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 2.59   Max: 4.7
Current: 0.8

During the past years, Faro Technologies's highest Cyclically Adjusted PS Ratio was 4.70. The lowest was 0.49. And the median was 2.59.

FARO's Cyclically Adjusted PS Ratio is ranked better than
59.23% of 1923 companies
in the Hardware industry
Industry Median: 1.06 vs FARO: 0.80

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.

Faro Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was $4.423. 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 $23.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Faro Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Faro 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.

Faro Technologies Cyclically Adjusted PS Ratio Chart

Faro 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 2.55 3.48 3.21 1.28 0.96

Faro 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 1.05 0.69 0.64 0.96 0.90

Competitive Comparison of Faro Technologies's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Faro 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.


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

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

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



Faro 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.08/23.79
=0.80

* 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.

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

For example, Faro 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)
=4.423/131.7762*131.7762
=4.423

Current CPI (Mar. 2024) = 131.7762.

Faro Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.733 100.560 6.202
201409 4.724 100.428 6.199
201412 5.960 99.070 7.928
201503 3.994 99.621 5.283
201506 4.787 100.684 6.265
201509 4.168 100.392 5.471
201512 5.350 99.792 7.065
201603 4.553 100.470 5.972
201606 4.710 101.688 6.104
201609 4.766 101.861 6.166
201612 5.485 101.863 7.096
201703 4.889 102.862 6.263
201706 4.951 103.349 6.313
201709 5.373 104.136 6.799
201712 6.352 104.011 8.048
201803 5.415 105.290 6.777
201806 5.690 106.317 7.053
201809 5.823 106.507 7.205
201812 6.112 105.998 7.598
201903 5.239 107.251 6.437
201906 5.394 108.070 6.577
201909 5.212 108.329 6.340
201912 5.959 108.420 7.243
202003 4.514 108.902 5.462
202006 3.412 108.767 4.134
202009 3.975 109.815 4.770
202012 5.043 109.897 6.047
202103 4.223 111.754 4.980
202106 4.521 114.631 5.197
202109 4.351 115.734 4.954
202112 5.490 117.630 6.150
202203 4.203 121.301 4.566
202206 4.375 125.017 4.612
202209 4.628 125.227 4.870
202212 5.687 125.222 5.985
202303 4.516 127.348 4.673
202306 4.662 128.729 4.772
202309 4.580 129.860 4.648
202312 5.210 129.419 5.305
202403 4.423 131.776 4.423

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.


Faro Technologies  (NAS:FARO) 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.


Faro Technologies Cyclically Adjusted PS Ratio Related Terms

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


Faro Technologies (Faro Technologies) Business Description

Industry
Traded in Other Exchanges
Address
250 Technology Park, Lake Mary, FL, USA, 32746
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.
Executives
Alexander M Davern director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Peter James Lau director, officer: President and CEO C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
Rotterdam Jeroen Van director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Stephen Cole director 125 TECHNOLOGY PARK, LAKE MARY FL 32746
John Donofrio director ONE VILLAGE CENTER ROAD, VAN BUREN TOWNSHIP MI 48111
Jawad A Ahsan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey D Sexton officer: Vice President of Global Sales 1519 MONTEVAL PLACE, SAN JOSE CA 95120
Rajani Ramanathan director C/O GUIDEWIRE SOFTWARE, INC., 2850 S DELAWARE STREET, S-400, SAN MATEO CA 94403
Moonhie Chin director AUTODESK, INC., 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Kevin Beadle officer: Senior Vice President, Sales 1601 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Katrona Tyrrell officer: Chief People Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Yazid Tohme officer: Chief R&D Officer C/O FARO TECHNOLOGIES, INC., 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Allen L. Muhich officer: Chief Financial Officer 250 TECHNOLOGY PARK, LAKE MARY FL 32746
Michael D Burger director, officer: President and CEO 250 TECHNOLOGY PARK, LAKE MARY FL 32746