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TAT Technologies (TAT Technologies) Cyclically Adjusted PS Ratio : 1.27 (As of Jun. 04, 2024)


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What is TAT Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-04), TAT Technologies's current share price is $15.20. TAT Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.99. TAT Technologies's Cyclically Adjusted PS Ratio for today is 1.27.

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

TATT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.61   Max: 1.21
Current: 1.21

During the past years, TAT Technologies's highest Cyclically Adjusted PS Ratio was 1.21. The lowest was 0.29. And the median was 0.61.

TATT's Cyclically Adjusted PS Ratio is ranked better than
56.81% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs TATT: 1.21

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.

TAT Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.230. 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 $11.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TAT Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TAT 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.

TAT Technologies Cyclically Adjusted PS Ratio Chart

TAT 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 0.45 0.37 0.49 0.45 0.84

TAT 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 0.49 0.62 0.75 0.84 1.01

Competitive Comparison of TAT Technologies's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, TAT 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.


TAT Technologies's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, TAT Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TAT 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.20/11.99
=1.27

* 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.

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

For example, TAT 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)
=3.23/131.7762*131.7762
=3.230

Current CPI (Mar. 2024) = 131.7762.

TAT Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.333 100.560 3.057
201409 2.308 100.428 3.028
201412 2.426 99.070 3.227
201503 2.326 99.621 3.077
201506 2.437 100.684 3.190
201509 2.491 100.392 3.270
201512 2.463 99.792 3.252
201603 2.677 100.470 3.511
201606 2.665 101.688 3.454
201609 2.675 101.861 3.461
201612 2.829 101.863 3.660
201703 3.054 102.862 3.912
201706 3.008 103.349 3.835
201709 2.979 104.136 3.770
201712 2.963 104.011 3.754
201803 2.753 105.290 3.446
201806 2.802 106.317 3.473
201809 2.612 106.507 3.232
201812 1.729 105.998 2.149
201903 2.625 107.251 3.225
201906 2.820 108.070 3.439
201909 2.793 108.329 3.398
201912 2.905 108.420 3.531
202003 2.777 108.902 3.360
202006 1.956 108.767 2.370
202009 1.895 109.815 2.274
202012 1.863 109.897 2.234
202103 2.069 111.754 2.440
202106 2.432 114.631 2.796
202109 1.985 115.734 2.260
202112 2.300 117.630 2.577
202203 2.245 121.301 2.439
202206 2.338 125.017 2.464
202209 2.297 125.227 2.417
202212 2.564 125.222 2.698
202303 2.830 127.348 2.928
202306 2.961 128.729 3.031
202309 3.277 129.860 3.325
202312 3.313 129.419 3.373
202403 3.230 131.776 3.230

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.


TAT Technologies  (NAS:TATT) 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.


TAT Technologies Cyclically Adjusted PS Ratio Related Terms

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


TAT Technologies (TAT Technologies) Business Description

Traded in Other Exchanges
Address
Hamelacha 5, Netanya, ISR, 4250540
TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.