GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Adtran Holdings Inc (NAS:ADTN) » Definitions » Cyclically Adjusted PS Ratio

Adtran Holdings (Adtran Holdings) Cyclically Adjusted PS Ratio : 0.31 (As of Apr. 29, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Adtran Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Adtran Holdings's current share price is $4.54. Adtran Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.68. Adtran Holdings's Cyclically Adjusted PS Ratio for today is 0.31.

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

ADTN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.52   Max: 3.15
Current: 0.3

During the past years, Adtran Holdings's highest Cyclically Adjusted PS Ratio was 3.15. The lowest was 0.30. And the median was 1.52.

ADTN's Cyclically Adjusted PS Ratio is ranked better than
82.59% of 1896 companies
in the Hardware industry
Industry Median: 1.02 vs ADTN: 0.30

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.

Adtran Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.871. 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 $14.68 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adtran Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adtran Holdings'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.

Adtran Holdings Cyclically Adjusted PS Ratio Chart

Adtran Holdings 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 0.81 1.20 1.76 1.33 0.50

Adtran Holdings 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 1.33 1.09 0.71 0.56 0.50

Competitive Comparison of Adtran Holdings's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Adtran Holdings'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.


Adtran Holdings's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Adtran Holdings 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.

Adtran Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.54/14.68
=0.31

* 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.

Adtran Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Adtran Holdings'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)
=2.871/129.4194*129.4194
=2.871

Current CPI (Dec. 2023) = 129.4194.

Adtran Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.562 99.695 3.326
201406 3.160 100.560 4.067
201409 2.971 100.428 3.829
201412 2.666 99.070 3.483
201503 2.663 99.621 3.460
201506 3.085 100.684 3.965
201509 3.166 100.392 4.081
201512 2.797 99.792 3.627
201603 2.879 100.470 3.709
201606 3.317 101.688 4.222
201609 3.470 101.861 4.409
201612 3.348 101.863 4.254
201703 3.479 102.862 4.377
201706 3.815 103.349 4.777
201709 3.814 104.136 4.740
201712 2.592 104.011 3.225
201803 2.505 105.290 3.079
201806 2.676 106.317 3.257
201809 2.934 106.507 3.565
201812 2.934 105.998 3.582
201903 3.005 107.251 3.626
201906 3.256 108.070 3.899
201909 2.386 108.329 2.851
201912 2.416 108.420 2.884
202003 2.388 108.902 2.838
202006 2.667 108.767 3.173
202009 2.750 109.815 3.241
202012 2.641 109.897 3.110
202103 2.603 111.754 3.014
202106 2.898 114.631 3.272
202109 2.841 115.734 3.177
202112 3.151 117.630 3.467
202203 3.146 121.301 3.357
202206 3.454 125.017 3.576
202209 4.665 125.227 4.821
202212 4.602 125.222 4.756
202303 4.134 127.348 4.201
202306 4.178 128.729 4.200
202309 3.474 129.860 3.462
202312 2.871 129.419 2.871

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.


Adtran Holdings  (NAS:ADTN) 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.


Adtran Holdings Cyclically Adjusted PS Ratio Related Terms

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


Adtran Holdings (Adtran Holdings) Business Description

Industry
Address
901 Explorer Boulevard, Huntsville, AL, USA, 35806-2807
Adtran Inc is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates under two reportable segments: Network Solutions, which includes hardware and software products, and Services & Support, which includes a portfolio of network implementation services, support services, and cloud-hosted SaaS applications that complement the product portfolio and can be utilized to support other platforms as well. These two segments span across their three revenue categories: Access & Aggregation, Subscriber Solutions, and Optical Networking Solutions.
Executives
Ulrich Dopfer officer: Chief Financial Officer 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Thomas R Stanton officer: Vice President & Gen. Mgr. C/O ADTRAN, 901 EXPLORER BLVD., HUNTSVILLE AL 35806
Gregory James Mccray director 422 HANDEL COURT, WHEATON IL 60187
Wilson James Denson Jr officer: Chief Revenue Officer 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Christoph Glingener officer: CEO of ADVA 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Michael Foliano officer: CFO 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Brian Protiva director, officer: CEO of ADVA 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
James Denson Wilson Jr Chief Revenue Officer
Nikos Theodosopoulos director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Johanna Hey director 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Marc Kimpe officer: SVP, Research & Development 131 HERITAGE LANE, MADISON AL 35758
Ray Harris officer: Chief Information Officer 9811 RITCHIE CT, IJAMSVILLE MD 21754
Balan Nair director 901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Robert Conger officer: SVP, Technology & Strategy 901 EXPLORER BLVD, HUNTSVILLE AL 35806
Eduard Scheiterer officer: SVP, Research & Development 901 EXPLORER DRIVE, HUNTSVILLE AL 35806