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3D Systems (MIL:1DDD) Cyclically Adjusted PS Ratio : 0.56 (As of May. 28, 2024)


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What is 3D Systems Cyclically Adjusted PS Ratio?

As of today (2024-05-28), 3D Systems's current share price is €3.208. 3D Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €5.69. 3D Systems's Cyclically Adjusted PS Ratio for today is 0.56.

The historical rank and industry rank for 3D Systems's Cyclically Adjusted PS Ratio or its related term are showing as below:

MIL:1DDD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 2.83   Max: 30.23
Current: 0.55

During the past years, 3D Systems's highest Cyclically Adjusted PS Ratio was 30.23. The lowest was 0.54. And the median was 2.83.

MIL:1DDD's Cyclically Adjusted PS Ratio is ranked better than
70.05% of 1923 companies
in the Hardware industry
Industry Median: 1.07 vs MIL:1DDD: 0.55

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.

3D Systems's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.806. 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 €5.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


3D Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for 3D Systems'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.

3D Systems Cyclically Adjusted PS Ratio Chart

3D Systems 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 1.63 1.86 3.49 1.15 1.00

3D Systems 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 1.15 1.65 1.53 0.76 1.00

Competitive Comparison of 3D Systems's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, 3D Systems'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.


3D Systems's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, 3D Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where 3D Systems's Cyclically Adjusted PS Ratio falls into.



3D Systems 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.

3D Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.208/5.69
=0.56

* 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.

3D Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, 3D Systems'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)
=0.806/129.4194*129.4194
=0.806

Current CPI (Dec. 2023) = 129.4194.

3D Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.032 99.695 1.340
201406 1.048 100.560 1.349
201409 1.170 100.428 1.508
201412 1.366 99.070 1.784
201503 1.329 99.621 1.727
201506 1.356 100.684 1.743
201509 1.206 100.392 1.555
201512 1.501 99.792 1.947
201603 1.221 100.470 1.573
201606 1.266 101.688 1.611
201609 1.255 101.861 1.595
201612 1.415 101.863 1.798
201703 1.314 102.862 1.653
201706 1.274 103.349 1.595
201709 1.149 104.136 1.428
201712 1.340 104.011 1.667
201803 1.203 105.290 1.479
201806 1.350 106.317 1.643
201809 1.253 106.507 1.523
201812 1.436 105.998 1.753
201903 1.187 107.251 1.432
201906 1.227 108.070 1.469
201909 1.236 108.329 1.477
201912 1.351 108.420 1.613
202003 1.071 108.902 1.273
202006 0.867 108.767 1.032
202009 0.975 109.815 1.149
202012 1.166 109.897 1.373
202103 0.981 111.754 1.136
202106 1.105 114.631 1.248
202109 1.059 115.734 1.184
202112 1.021 117.630 1.123
202203 0.953 121.301 1.017
202206 1.037 125.017 1.074
202209 1.044 125.227 1.079
202212 0.973 125.222 1.006
202303 0.877 127.348 0.891
202306 0.911 128.729 0.916
202309 0.890 129.860 0.887
202312 0.806 129.419 0.806

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.


3D Systems  (MIL:1DDD) 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.


3D Systems Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of 3D Systems's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


3D Systems (MIL:1DDD) Business Description

Industry
Traded in Other Exchanges
Address
333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.

3D Systems (MIL:1DDD) Headlines

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