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Frequency Electronics (Frequency Electronics) Cyclically Adjusted PS Ratio : 1.39 (As of May. 21, 2024)


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What is Frequency Electronics Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Frequency Electronics's current share price is $9.55. Frequency Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $6.85. Frequency Electronics's Cyclically Adjusted PS Ratio for today is 1.39.

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

FEIM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.39   Max: 1.98
Current: 1.41

During the past years, Frequency Electronics's highest Cyclically Adjusted PS Ratio was 1.98. The lowest was 0.68. And the median was 1.39.

FEIM's Cyclically Adjusted PS Ratio is ranked worse than
58.52% of 1924 companies
in the Hardware industry
Industry Median: 1.07 vs FEIM: 1.41

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.

Frequency Electronics's adjusted revenue per share data for the three months ended in Jan. 2024 was $1.453. 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 $6.85 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frequency Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Frequency Electronics'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.

Frequency Electronics Cyclically Adjusted PS Ratio Chart

Frequency Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.43 1.50 1.11 0.92

Frequency Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.84 0.92 0.98 1.07 1.49

Competitive Comparison of Frequency Electronics's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Frequency Electronics'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.


Frequency Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Frequency Electronics 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.

Frequency Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.55/6.85
=1.39

* 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.

Frequency Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Frequency Electronics's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.453/130.1244*130.1244
=1.453

Current CPI (Jan. 2024) = 130.1244.

Frequency Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 2.203 100.023 2.866
201407 2.229 100.520 2.885
201410 2.168 100.176 2.816
201501 2.071 98.604 2.733
201504 2.122 99.824 2.766
201507 1.857 100.691 2.400
201510 1.834 100.346 2.378
201601 1.512 99.957 1.968
201604 1.037 100.947 1.337
201607 1.320 101.524 1.692
201610 1.306 101.988 1.666
201701 1.268 102.456 1.610
201704 1.810 103.167 2.283
201707 1.341 103.278 1.690
201710 1.057 104.070 1.322
201801 1.195 104.578 1.487
201804 0.844 105.708 1.039
201807 1.225 106.324 1.499
201810 1.334 106.695 1.627
201901 1.478 106.200 1.811
201904 1.468 107.818 1.772
201907 1.395 108.250 1.677
201910 1.002 108.577 1.201
202001 1.058 108.841 1.265
202004 1.123 108.173 1.351
202007 1.417 109.318 1.687
202010 1.515 109.861 1.794
202101 1.271 110.364 1.499
202104 1.647 112.673 1.902
202107 1.409 115.183 1.592
202110 1.391 116.696 1.551
202201 1.320 118.619 1.448
202204 1.093 121.978 1.166
202207 0.881 125.002 0.917
202210 0.960 125.734 0.994
202301 1.136 126.223 1.171
202304 1.388 127.992 1.411
202307 1.322 128.974 1.334
202310 1.444 129.810 1.448
202401 1.453 130.124 1.453

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.


Frequency Electronics  (NAS:FEIM) 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.


Frequency Electronics Cyclically Adjusted PS Ratio Related Terms

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


Frequency Electronics (Frequency Electronics) Business Description

Traded in Other Exchanges
Address
55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553
Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.
Executives
Russell M Sarachek director 4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
Edenbrook Long Only Value Fund, Lp director, 10 percent owner EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Steven E Strang officer: President, FEI-Zyfer, Inc. C/O FREQUENCY ELECTRONICS, INC., 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Thomas Mcclelland officer: Vice President, Comml Products C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Stanton D Sloane director COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747
John Patrick Caulfield officer: VP of Manufacturing C/O FREQUENCY ELECTRONICS, 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11533
Edenbrook Capital, Llc director, 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Martin B Bloch director, officer: President FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Robert Schwartz director 11552 PROSPEROUS DRIVE, ODESSA FL 33556
Jonathan Brolin director, 10 percent owner 2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Privet Fund Lp 10 percent owner, other: See Explanation of Responses 3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Oleandro Mancini officer: Vice President, Bus. Develop C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Lance W Lord director 1110 TRUMPETERS COURT, MONUMENT CO 80132
Steven Lawrence Bernstein officer: Chief Financial Officer C/O FREQUENCY ELECTRONICS INC., 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11553
Ryan Levenson 10 percent owner, other: See Explanation of Responses 2396 DELLWOOD DRIVE, ATLANTA GA 30305