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Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Cyclically Adjusted PS Ratio : 1.94 (As of Apr. 27, 2024)


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What is Kratos Defense & Security Solutions Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Kratos Defense & Security Solutions's current share price is $18.855. Kratos Defense & Security Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $9.70. Kratos Defense & Security Solutions's Cyclically Adjusted PS Ratio for today is 1.94.

The historical rank and industry rank for Kratos Defense & Security Solutions's Cyclically Adjusted PS Ratio or its related term are showing as below:

KTOS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.75   Max: 2.46
Current: 1.94

During the past years, Kratos Defense & Security Solutions's highest Cyclically Adjusted PS Ratio was 2.46. The lowest was 0.13. And the median was 0.75.

KTOS's Cyclically Adjusted PS Ratio is ranked worse than
58.29% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs KTOS: 1.94

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.

Kratos Defense & Security Solutions's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.048. 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 $9.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kratos Defense & Security Solutions Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kratos Defense & Security Solutions'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.

Kratos Defense & Security Solutions Cyclically Adjusted PS Ratio Chart

Kratos Defense & Security Solutions 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 1.17 2.05 1.65 0.98 2.09

Kratos Defense & Security Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.98 1.31 1.43 1.53 2.09

Competitive Comparison of Kratos Defense & Security Solutions's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Kratos Defense & Security Solutions'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.


Kratos Defense & Security Solutions's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Kratos Defense & Security Solutions's Cyclically Adjusted PS Ratio falls into.



Kratos Defense & Security Solutions 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.

Kratos Defense & Security Solutions's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.855/9.7
=1.94

* 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.

Kratos Defense & Security Solutions's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kratos Defense & Security Solutions's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.048/129.4194*129.4194
=2.048

Current CPI (Dec. 2023) = 129.4194.

Kratos Defense & Security Solutions Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.486 99.695 4.525
201406 3.557 100.560 4.578
201409 3.301 100.428 4.254
201412 3.335 99.070 4.357
201503 2.695 99.621 3.501
201506 2.748 100.684 3.532
201509 2.695 100.392 3.474
201512 3.008 99.792 3.901
201603 2.567 100.470 3.307
201606 2.813 101.688 3.580
201609 2.734 101.861 3.474
201612 0.848 101.863 1.077
201703 1.708 102.862 2.149
201706 1.708 103.349 2.139
201709 1.736 104.136 2.157
201712 1.615 104.011 2.010
201803 1.353 105.290 1.663
201806 1.458 106.317 1.775
201809 1.498 106.507 1.820
201812 1.455 105.998 1.776
201903 1.488 107.251 1.796
201906 1.718 108.070 2.057
201909 1.675 108.329 2.001
201912 1.686 108.420 2.013
202003 1.534 108.902 1.823
202006 1.573 108.767 1.872
202009 1.598 109.815 1.883
202012 1.624 109.897 1.912
202103 1.521 111.754 1.761
202106 1.606 114.631 1.813
202109 1.606 115.734 1.796
202112 1.649 117.630 1.814
202203 1.558 121.301 1.662
202206 1.774 125.017 1.836
202209 1.797 125.227 1.857
202212 1.958 125.222 2.024
202303 1.810 127.348 1.839
202306 1.990 128.729 2.001
202309 2.119 129.860 2.112
202312 2.048 129.419 2.048

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.


Kratos Defense & Security Solutions  (NAS:KTOS) 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.


Kratos Defense & Security Solutions Cyclically Adjusted PS Ratio Related Terms

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


Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Business Description

Traded in Other Exchanges
Address
1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681
Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.
Executives
Phillip D Carrai officer: President, TTS Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Deanna Hom Lund officer: Senior Vice President & CFO 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Steven S. Fendley officer: President, US Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Mills Thomas E Iv officer: Modular Systems Div. President 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Marie Mendoza officer: VP & General Counsel 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Stacey G Rock officer: President, KTT Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Bradley L Boyd director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Daniel J Hagen director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Benjamin M. Goodwin officer: President, PSS Division 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jonah Adelman officer: Pres., Microwave Elec. Div. 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jane Elizabeth Judd director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Cervantes De Burgreen Maria officer: VP & Corporate Controller 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Samuel N Liberatore director 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Eric M Demarco director, officer: President & CEO 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Scott I Anderson director C/O KRATOS DEFENSE & SECURITY SOLUTIONS, 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131