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AeroVironment (AeroVironment) Cyclically Adjusted PS Ratio : 9.19 (As of Apr. 27, 2024)


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What is AeroVironment Cyclically Adjusted PS Ratio?

As of today (2024-04-27), AeroVironment's current share price is $158.09. AeroVironment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $17.20. AeroVironment's Cyclically Adjusted PS Ratio for today is 9.19.

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

AVAV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.17   Med: 4.71   Max: 10.29
Current: 9.05

During the past years, AeroVironment's highest Cyclically Adjusted PS Ratio was 10.29. The lowest was 1.17. And the median was 4.71.

AVAV's Cyclically Adjusted PS Ratio is ranked worse than
89.1% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs AVAV: 9.05

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.

AeroVironment's adjusted revenue per share data for the three months ended in Jan. 2024 was $6.653. 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 $17.20 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AeroVironment Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AeroVironment'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.

AeroVironment Cyclically Adjusted PS Ratio Chart

AeroVironment Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.39 4.65 8.16 5.48 6.24

AeroVironment Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.74 6.24 5.74 6.75 7.01

Competitive Comparison of AeroVironment's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, AeroVironment'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.


AeroVironment's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AeroVironment's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AeroVironment 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.09/17.2
=9.19

* 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.

AeroVironment's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, AeroVironment's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=6.653/129.4194*129.4194
=6.653

Current CPI (Jan. 2024) = 129.4194.

AeroVironment Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 3.237 100.023 4.188
201407 2.274 100.520 2.928
201410 2.302 100.176 2.974
201501 2.960 98.604 3.885
201504 3.601 99.824 4.669
201507 2.050 100.691 2.635
201510 2.796 100.346 3.606
201601 2.927 99.957 3.790
201604 2.345 100.947 3.006
201607 1.578 101.524 2.012
201610 2.174 101.988 2.759
201701 2.303 102.456 2.909
201704 3.877 103.167 4.864
201707 1.472 103.278 1.845
201710 2.761 104.070 3.434
201801 2.323 104.578 2.875
201804 4.748 105.708 5.813
201807 3.250 106.324 3.956
201810 3.028 106.695 3.673
201901 3.128 106.200 3.812
201904 3.649 107.818 4.380
201907 3.611 108.250 4.317
201910 3.461 108.577 4.125
202001 2.598 108.841 3.089
202004 5.605 108.173 6.706
202007 3.616 109.318 4.281
202010 3.830 109.861 4.512
202101 3.247 110.364 3.808
202104 5.484 112.673 6.299
202107 4.103 115.183 4.610
202110 4.903 116.696 5.438
202201 3.621 118.619 3.951
202204 5.354 121.978 5.681
202207 4.375 125.002 4.530
202210 4.481 125.734 4.612
202301 5.373 126.223 5.509
202304 7.307 127.992 7.388
202307 5.819 128.974 5.839
202310 6.708 129.810 6.688
202401 6.653 129.419 6.653

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.


AeroVironment  (NAS:AVAV) 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.


AeroVironment Cyclically Adjusted PS Ratio Related Terms

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


AeroVironment (AeroVironment) Business Description

Traded in Other Exchanges
Address
241 18th Street South, Suite 415, Arlington, VA, USA, 22202
AeroVironment Inc operates under a single business segment in which it supplies unmanned aircraft systems, tactical missile systems, high-altitude pseudo-satellites, and other related services to government agencies within the United States Department of Defense as well as the United States allied international governments. The systems can help with security, surveillance, or sensing, and provide "eyes in the sky" without needing an actual person, or driver, in the sky.
Executives
Mary Beth Long director 309 FRANKLIN STREET, ALEXANDRIA VA 22314
Brian Charles Shackley officer: Chief Accounting Officer 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Cindy Kay Lewis director 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Trace E Stevenson officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Brett P Hush officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Jeff E Rodrian officer: Sr. VP 900 INNOVATORS WAY, SIMI VALLEY CA 93063
Phillip S Davidson director 825 TOWN & COUNTRY LANE, SUITE 1500, HOUSTON TX 77024
Kevin Patrick Mcdonnell officer: Chief Financial Officer 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Stephen F Page director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Edward R Muller director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles Thomas Burbage director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Charles R Holland director C/O AEROVIRONMENT, INC., 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Melissa Ann Brown officer: VP, Gen. Counsel, Corp. Sec. 800 ROYAL OAKS DRIVE, SUITE 210, MONROVIA CA 91016
Alison Marie Roelke officer: VP People & Culture 900 INNOVATORS WAY, SIMI VALLEY CA 93065
Timothy E Conver director, 10 percent owner, officer: President and CEO 900 INNOVATORS WAY, SIMI VALLEY CA 93065

AeroVironment (AeroVironment) Headlines

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