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As of today (2024-04-27), MIND Technology's current share price is $4.15. MIND Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Oct. 2023 was $42.37. MIND Technology's Cyclically Adjusted PS Ratio for today is 0.10.
The historical rank and industry rank for MIND Technology's Cyclically Adjusted PS Ratio or its related term are showing as below:
During the past years, MIND Technology's highest Cyclically Adjusted PS Ratio was 2.82. The lowest was 0.09. And the median was 0.49.
MIND's Cyclically Adjusted PS Ratio is ranked better thanThe 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.
MIND Technology's adjusted revenue per share data for the three months ended in Oct. 2023 was $3.538. 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 $42.37 for the trailing ten years ended in Oct. 2023.
The historical data trend for MIND Technology'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.
MIND Technology Quarterly Data | ||||||||||||||||||||
Jan19 | Apr19 | Jul19 | Oct19 | Jan20 | Apr20 | Jul20 | Oct20 | Jan21 | Apr21 | Jul21 | Oct21 | Jan22 | Apr22 | Jul22 | Oct22 | Jan23 | Apr23 | Jul23 | Oct23 | |
Cyclically Adjusted PS Ratio | Get a 7-Day Free Trial | 0.13 | 0.14 | 0.11 | 0.16 | 0.11 |
For the Scientific & Technical Instruments subindustry, MIND Technology'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.
For the Hardware industry and Technology sector, MIND Technology's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where MIND Technology's Cyclically Adjusted PS Ratio falls into.
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.
MIND Technology's Cyclically Adjusted PS Ratio for today is calculated as
Cyclically Adjusted PS Ratio | = | Share Price | / | Cyclically Adjusted Revenue per Share |
= | 4.15 | / | 42.37 | |
= | 0.10 |
* 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.
MIND Technology's Cyclically Adjusted Revenue per Share for the quarter that ended in Oct. 2023 is calculated as:
For example, MIND Technology's adjusted Revenue per Share data for the three months ended in Oct. 2023 was:
Adj_RevenuePerShare | = | Revenue per Share | / | CPI of Oct. 2023 (Change) | * | Current CPI (Oct. 2023) |
= | 3.538 | / | 129.8097 | * | 129.8097 | |
= | 3.538 |
Current CPI (Oct. 2023) = 129.8097.
MIND Technology Quarterly Data
Revenue per Share | CPI | Adj_RevenuePerShare | |
201401 | 17.955 | 98.692 | 23.616 |
201404 | 19.643 | 100.023 | 25.493 |
201407 | 15.426 | 100.520 | 19.921 |
201410 | 18.354 | 100.176 | 23.784 |
201501 | 12.448 | 98.604 | 16.388 |
201504 | 14.261 | 99.824 | 18.545 |
201507 | 6.274 | 100.691 | 8.088 |
201510 | 13.013 | 100.346 | 16.834 |
201601 | 9.488 | 99.957 | 12.322 |
201604 | 9.727 | 100.947 | 12.508 |
201607 | 7.177 | 101.524 | 9.177 |
201610 | 6.670 | 101.988 | 8.490 |
201701 | 10.387 | 102.456 | 13.160 |
201704 | 15.259 | 103.167 | 19.200 |
201707 | 8.970 | 103.278 | 11.274 |
201710 | 7.150 | 104.070 | 8.918 |
201801 | 8.572 | 104.578 | 10.640 |
201804 | 6.297 | 105.708 | 7.733 |
201807 | 6.907 | 106.324 | 8.433 |
201810 | 12.088 | 106.695 | 14.707 |
201901 | 10.172 | 106.200 | 12.433 |
201904 | 8.133 | 107.818 | 9.792 |
201907 | 5.622 | 108.250 | 6.742 |
201910 | 6.701 | 108.577 | 8.011 |
202001 | 7.297 | 108.841 | 8.703 |
202004 | 2.619 | 108.173 | 3.143 |
202007 | 4.176 | 109.318 | 4.959 |
202010 | 5.314 | 109.861 | 6.279 |
202101 | 4.773 | 110.364 | 5.614 |
202104 | 3.048 | 112.673 | 3.512 |
202107 | 4.943 | 115.183 | 5.571 |
202110 | 6.062 | 116.696 | 6.743 |
202201 | 2.728 | 118.619 | 2.985 |
202204 | 6.594 | 121.978 | 7.017 |
202207 | 6.323 | 125.002 | 6.566 |
202210 | 2.161 | 125.734 | 2.231 |
202301 | 14.587 | 126.223 | 15.001 |
202304 | 9.127 | 127.992 | 9.257 |
202307 | 6.345 | 128.974 | 6.386 |
202310 | 3.538 | 129.810 | 3.538 |
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.
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.
Thank you for viewing the detailed overview of MIND Technology's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter H Blum | director | 999 18TH STREET, STE 1700, DENVER CO 80202 |
Alan Perry Baden | director | 2635 SUTTON COURT, HOUSTON TX 77027 |
Nancy Jean Harned | director | 2704 CHESTER FOREST COURT, VIRGINIA BEACH VA 23452 |
Thomas S Glanville | director | 2818 N SULLIVAN ROAD, SPOLANE WA 99216 |
Mark Alan Cox | officer: Principal Accounting Officer | 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010 |
Guy Malden | officer: Co-CEO and EVP | P O BOX 1175, HUNTSVILLE TX 77342 |
Marcus C Rowland | director | 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024 |
Robert John Albers | director | 2171 LOMA LINDA DRIVE, PAGOSA SPRINGS CO 81147 |
Robert P Capps | director, officer: Co-CEO and CFO | |
Dennis Patrick Morris | officer: Chief Operating Officer | 7026 TEAL LOOP, GIG HARBOR WA 98335 |
William Hunter Hilarides | director | 10710 OX CROFT CT., FAIRFAX STATION VA 22039 |
Midwood Capital Management Llc | 10 percent owner | 575 BOYLSON ST., 4TH FLOOR, BOSTON MA 02116 |
Paul Guy Rogers | officer: VP - Business Development | |
John F Schwalbe | director | |
R Dean Lewis | director |
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