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IAR Systems Group AB (IAR Systems Group AB) Cyclically Adjusted PS Ratio : 4.17 (As of May. 15, 2024)


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What is IAR Systems Group AB Cyclically Adjusted PS Ratio?

As of today (2024-05-15), IAR Systems Group AB's current share price is $8.63. IAR Systems Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.07. IAR Systems Group AB's Cyclically Adjusted PS Ratio for today is 4.17.

The historical rank and industry rank for IAR Systems Group AB's Cyclically Adjusted PS Ratio or its related term are showing as below:

IARGF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.25   Med: 5.37   Max: 13.04
Current: 4.8

During the past years, IAR Systems Group AB's highest Cyclically Adjusted PS Ratio was 13.04. The lowest was 2.25. And the median was 5.37.

IARGF's Cyclically Adjusted PS Ratio is ranked worse than
75.59% of 1446 companies
in the Software industry
Industry Median: 1.84 vs IARGF: 4.80

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.

IAR Systems Group AB's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.839. 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 $2.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IAR Systems Group AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IAR Systems Group AB'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.

IAR Systems Group AB Cyclically Adjusted PS Ratio Chart

IAR Systems Group AB 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 7.66 5.51 4.37 4.84 3.74

IAR Systems Group AB 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 4.03 2.64 2.52 3.74 4.17

Competitive Comparison of IAR Systems Group AB's Cyclically Adjusted PS Ratio

For the Software - Application subindustry, IAR Systems Group AB'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.


IAR Systems Group AB's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, IAR Systems Group AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where IAR Systems Group AB's Cyclically Adjusted PS Ratio falls into.



IAR Systems Group AB 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.

IAR Systems Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.63/2.07
=4.17

* 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.

IAR Systems Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, IAR Systems Group AB'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)
=0.839/130.9575*130.9575
=0.839

Current CPI (Mar. 2024) = 130.9575.

IAR Systems Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.753 100.432 0.982
201409 0.721 100.161 0.943
201412 0.675 100.225 0.882
201503 0.713 99.950 0.934
201506 0.758 99.995 0.993
201509 0.755 100.228 0.986
201512 0.708 100.276 0.925
201603 0.764 100.751 0.993
201606 0.780 101.019 1.011
201609 0.753 101.138 0.975
201612 0.731 102.022 0.938
201703 0.767 102.022 0.985
201706 0.792 102.752 1.009
201709 0.832 103.279 1.055
201712 0.826 103.793 1.042
201803 0.854 103.962 1.076
201806 0.803 104.875 1.003
201809 0.802 105.679 0.994
201812 0.865 105.912 1.070
201903 0.786 105.886 0.972
201906 0.771 106.742 0.946
201909 0.754 107.214 0.921
201912 0.829 107.766 1.007
202003 0.686 106.563 0.843
202006 0.787 107.498 0.959
202009 0.735 107.635 0.894
202012 0.796 108.296 0.963
202103 0.762 108.360 0.921
202106 0.762 108.928 0.916
202109 0.744 110.338 0.883
202112 0.737 112.486 0.858
202203 0.745 114.825 0.850
202206 0.786 118.384 0.869
202209 0.712 122.296 0.762
202212 0.746 126.365 0.773
202303 0.747 127.042 0.770
202306 0.730 129.407 0.739
202309 0.759 130.224 0.763
202312 0.895 130.958 0.895
202403 0.839 130.958 0.839

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.


IAR Systems Group AB  (OTCPK:IARGF) 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.


IAR Systems Group AB Cyclically Adjusted PS Ratio Related Terms

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IAR Systems Group AB (IAR Systems Group AB) Business Description

Traded in Other Exchanges
Address
Strandbodgatan 1A, Stockholm, SWE, SE-75323
IAR Systems Group AB provides software for the programming processors in embedded systems. The company's customers mainly operate in industrial automation, medical technology, IOT, consumer electronics, and automotive industries that develop products based on 8-, 16, 32-bit processors. Its flagship product is IAR embedded workbench. Geographically, it derives a majority of revenue from the Americas and also has a presence in Asia, EMEA, and the Nordic region.

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