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Iteris (STU:FQH) Cyclically Adjusted PS Ratio : 1.31 (As of May. 26, 2024)


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What is Iteris Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Iteris's current share price is €4.14. Iteris's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €3.15. Iteris's Cyclically Adjusted PS Ratio for today is 1.31.

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

STU:FQH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.79   Med: 1.44   Max: 3.48
Current: 1.32

During the past years, Iteris's highest Cyclically Adjusted PS Ratio was 3.48. The lowest was 0.79. And the median was 1.44.

STU:FQH's Cyclically Adjusted PS Ratio is ranked worse than
55.67% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs STU:FQH: 1.32

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.

Iteris's adjusted revenue per share data for the three months ended in Dec. 2023 was €0.882. 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 €3.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iteris Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Iteris'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.

Iteris Cyclically Adjusted PS Ratio Chart

Iteris Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.27 2.29 0.98 1.42

Iteris 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 0.97 1.42 1.17 1.20 1.50

Competitive Comparison of Iteris's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Iteris'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.


Iteris's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Iteris 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.

Iteris's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.14/3.15
=1.31

* 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.

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

For example, Iteris'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)
=0.882/129.4194*129.4194
=0.882

Current CPI (Dec. 2023) = 129.4194.

Iteris Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.387 99.695 0.502
201406 0.408 100.560 0.525
201409 0.442 100.428 0.570
201412 0.437 99.070 0.571
201503 0.512 99.621 0.665
201506 0.508 100.684 0.653
201509 0.574 100.392 0.740
201512 0.545 99.792 0.707
201603 0.555 100.470 0.715
201606 0.664 101.688 0.845
201609 0.667 101.861 0.847
201612 0.668 101.863 0.849
201703 0.732 102.862 0.921
201706 0.744 103.349 0.932
201709 0.649 104.136 0.807
201712 0.642 104.011 0.799
201803 0.619 105.290 0.761
201806 0.657 106.317 0.800
201809 0.629 106.507 0.764
201812 0.611 105.998 0.746
201903 0.538 107.251 0.649
201906 0.650 108.070 0.778
201909 0.596 108.329 0.712
201912 0.593 108.420 0.708
202003 0.644 108.902 0.765
202006 0.599 108.767 0.713
202009 0.593 109.815 0.699
202012 0.562 109.897 0.662
202103 0.638 111.754 0.739
202106 0.652 114.631 0.736
202109 0.668 115.734 0.747
202112 0.669 117.630 0.736
202203 0.733 121.301 0.782
202206 0.752 125.017 0.778
202209 0.938 125.227 0.969
202212 0.907 125.222 0.937
202303 0.933 127.348 0.948
202306 0.921 128.729 0.926
202309 0.934 129.860 0.931
202312 0.882 129.419 0.882

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.


Iteris  (STU:FQH) 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.


Iteris Cyclically Adjusted PS Ratio Related Terms

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


Iteris (STU:FQH) Business Description

Industry
Traded in Other Exchanges
Address
1250 S. Capital of Texas Highway, Austin, TX, USA, 78746
Iteris Inc is a provider of smart mobility infrastructure management solutions. Its solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services. The company's cloud-enabled end-to-end solutions help public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers monitor, visualize, and optimize mobility infrastructure to make mobility safe, efficient,and sustainable for everyone. The software solutions include ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, TrafficCarma,and others.

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