GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Espey Manufacturing & Electronics Corp (AMEX:ESP) » Definitions » Cyclically Adjusted PS Ratio

Espey Manufacturing & Electronics (Espey Manufacturing & Electronics) Cyclically Adjusted PS Ratio : 1.54 (As of Apr. 30, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Espey Manufacturing & Electronics Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Espey Manufacturing & Electronics's current share price is $23.33. Espey Manufacturing & Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $15.16. Espey Manufacturing & Electronics's Cyclically Adjusted PS Ratio for today is 1.54.

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

ESP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.69   Max: 2.39
Current: 1.54

During the past years, Espey Manufacturing & Electronics's highest Cyclically Adjusted PS Ratio was 2.39. The lowest was 0.87. And the median was 1.69.

ESP's Cyclically Adjusted PS Ratio is ranked worse than
52.92% of 2156 companies
in the Industrial Products industry
Industry Median: 1.43 vs ESP: 1.54

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.

Espey Manufacturing & Electronics's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.123. 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 $15.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Espey Manufacturing & Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Espey Manufacturing & 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.

Espey Manufacturing & Electronics Cyclically Adjusted PS Ratio Chart

Espey Manufacturing & Electronics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.23 1.03 0.94 1.11

Espey Manufacturing & Electronics 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 0.95 1.33 1.11 1.06 1.23

Competitive Comparison of Espey Manufacturing & Electronics's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Espey Manufacturing & 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.


Espey Manufacturing & Electronics's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Espey Manufacturing & Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Espey Manufacturing & 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.

Espey Manufacturing & Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.33/15.16
=1.54

* 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.

Espey Manufacturing & Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Espey Manufacturing & Electronics'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)
=4.123/129.4194*129.4194
=4.123

Current CPI (Dec. 2023) = 129.4194.

Espey Manufacturing & Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.854 99.695 3.705
201406 3.107 100.560 3.999
201409 2.499 100.428 3.220
201412 2.505 99.070 3.272
201503 2.817 99.621 3.660
201506 3.895 100.684 5.007
201509 2.725 100.392 3.513
201512 3.157 99.792 4.094
201603 3.173 100.470 4.087
201606 2.883 101.688 3.669
201609 2.617 101.861 3.325
201612 2.439 101.863 3.099
201703 2.287 102.862 2.877
201706 2.345 103.349 2.937
201709 3.214 104.136 3.994
201712 4.938 104.011 6.144
201803 2.411 105.290 2.964
201806 3.293 106.317 4.009
201809 3.500 106.507 4.253
201812 3.051 105.998 3.725
201903 3.859 107.251 4.657
201906 4.857 108.070 5.817
201909 2.472 108.329 2.953
201912 3.043 108.420 3.632
202003 2.585 108.902 3.072
202006 5.054 108.767 6.014
202009 3.024 109.815 3.564
202012 2.897 109.897 3.412
202103 1.748 111.754 2.024
202106 3.853 114.631 4.350
202109 3.114 115.734 3.482
202112 3.070 117.630 3.378
202203 3.540 121.301 3.777
202206 3.474 125.017 3.596
202209 3.528 125.227 3.646
202212 3.591 125.222 3.711
202303 3.949 127.348 4.013
202306 3.336 128.729 3.354
202309 3.447 129.860 3.435
202312 4.123 129.419 4.123

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.


Espey Manufacturing & Electronics  (AMEX:ESP) 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.


Espey Manufacturing & Electronics Cyclically Adjusted PS Ratio Related Terms

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


Espey Manufacturing & Electronics (Espey Manufacturing & Electronics) Business Description

Traded in Other Exchanges
N/A
Address
233 Ballston Avenue, Saratoga Springs, NY, USA, 12866
Espey Manufacturing & Electronics Corp designs, develops, tests, and manufactures specialized military and rugged industrial power supplies and transformers for use in harsh or severe environment applications. Its products and solutions include power converters, power conditioning, high-voltage radar, contract manufacturing, custom engineering, and others. The applications of these products include AC and DC locomotives, shipboard power, shipboard radar, airborne power, ground-based radar, and ground mobile power.
Executives
Nancy Koskey Patzwahl director 81 OLD LANE, CLAVERACK NY 12513
Peggy A Murphy officer: Corporate Secretary 91 FEEDER DAM RD, S GLENSFALLS NY 12803
Katrina Leonore Sparano officer: Assistant Treasurer 670 ACLAND BLVD., BALLSTON SPA NY 12020
Howard M Pinsley director, officer: President/CEO, other: Chairman of the Board 233 BALLSTON AVE., SARATOGA SPRINGS NY 12866
Barry Pinsley director 6101 PELICAN BAY BLVD., NAPLES FL 34108
Alvin O Sabo director 51 ISLAND VIEW ROAD, COHOES NY 12047
Paul J Corr director 87 RAILROAD PLACE, UNIT 306, SARATOGA SPRINGS NY 12866
David A Oneil officer: Treasurer 14 BRIDGET CIRCLE, COHOES NY 12047
Sexauer Roger Nicholas Ii director 2820 BENNETT POINT RD., QUEENSTOWN MD 21658
Carl Helmetag director 330 SEA VIEW, RIVERSIDE RI 02915
Enright Patrick Thomas Jr. director, officer: President and CEO 3111 SQUAW CREEK TRAIL, BALLSTON SPA NY 12020
Michael W Wool director 131 HILLS POINT RD, CHARLOTTE VT 05402
St Pierre Mark Francis officer: President 13 SECLUDED RIDGE, SOUTHWICK MA 01077
Espey Mfg. & Electronics Corp. Employee Retirement Plan & Trust 10 percent owner, other: Retirement Plan Trust 233 BALLSTON AVE., SARATOGA SPRINGS NY 12866
Seymour Saslow director 199 CAROLINE ST, SARATOGA SPRINGS NY 12866

Espey Manufacturing & Electronics (Espey Manufacturing & Electronics) Headlines