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PowerFleet (JSE:PWR) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is PowerFleet Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


PowerFleet Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PowerFleet'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.

PowerFleet Cyclically Adjusted PS Ratio Chart

PowerFleet 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 1.85 2.02 1.22 0.67 0.83

PowerFleet 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 0.67 0.84 0.73 0.50 0.83

Competitive Comparison of PowerFleet's Cyclically Adjusted PS Ratio

For the Software - Infrastructure subindustry, PowerFleet'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.


PowerFleet's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

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



PowerFleet 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.

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

For example, PowerFleet'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)
=18.083/129.4194*129.4194
=18.083

Current CPI (Dec. 2023) = 129.4194.

PowerFleet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.703 99.695 11.298
201406 10.080 100.560 12.973
201409 10.657 100.428 13.733
201412 12.035 99.070 15.722
201503 11.002 99.621 14.293
201506 9.702 100.684 12.471
201509 11.303 100.392 14.571
201512 11.824 99.792 15.334
201603 12.496 100.470 16.097
201606 10.357 101.688 13.181
201609 8.861 101.861 11.258
201612 9.747 101.863 12.384
201703 7.793 102.862 9.805
201706 10.262 103.349 12.851
201709 9.018 104.136 11.208
201712 8.645 104.011 10.757
201803 9.330 105.290 11.468
201806 11.553 106.317 14.063
201809 11.404 106.507 13.857
201812 9.325 105.998 11.385
201903 11.112 107.251 13.409
201906 13.427 108.070 16.080
201909 13.962 108.329 16.680
201912 17.654 108.420 21.073
202003 17.690 108.902 21.023
202006 15.016 108.767 17.867
202009 15.323 109.815 18.059
202012 14.487 109.897 17.061
202103 13.045 111.754 15.107
202106 13.375 114.631 15.100
202109 12.186 115.734 13.627
202112 15.477 117.630 17.028
202203 14.041 121.301 14.981
202206 15.460 125.017 16.004
202209 17.043 125.227 17.614
202212 16.511 125.222 17.064
202303 16.830 127.348 17.104
202306 16.873 128.729 16.964
202309 18.190 129.860 18.128
202312 18.083 129.419 18.083

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.


PowerFleet  (JSE:PWR) 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.


PowerFleet Cyclically Adjusted PS Ratio Related Terms

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


PowerFleet (JSE:PWR) Business Description

Industry
Traded in Other Exchanges
Address
123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677
PowerFleet Inc provides subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, trailers, containers, cargo, light vehicles, and heavy truck fleets. The firm's systems utilize radio frequency identification, Wi-fi, satellite communications, and sensor technology to manage its assets. It operates in the segment of Wireless IoT asset management. The company has a business presence in the U. S, Israel, and other countries, of which key revenue is derived from the U.S.