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Intevac (Intevac) Cyclically Adjusted PS Ratio : 1.17 (As of Apr. 27, 2024)


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What is Intevac Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Intevac's current share price is $4.39. Intevac's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.75. Intevac's Cyclically Adjusted PS Ratio for today is 1.17.

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

IVAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.18   Max: 2.76
Current: 1.09

During the past years, Intevac's highest Cyclically Adjusted PS Ratio was 2.76. The lowest was 0.69. And the median was 1.18.

IVAC's Cyclically Adjusted PS Ratio is ranked better than
58.32% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs IVAC: 1.09

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.

Intevac's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.489. 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 $3.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Intevac Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Intevac'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.

Intevac Cyclically Adjusted PS Ratio Chart

Intevac 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 1.52 1.86 1.22 1.70 1.15

Intevac 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 1.70 1.91 0.98 0.81 1.15

Competitive Comparison of Intevac's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Intevac'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.


Intevac's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Intevac's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Intevac 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.39/3.75
=1.17

* 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.

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

For example, Intevac'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)
=0.489/129.4194*129.4194
=0.489

Current CPI (Dec. 2023) = 129.4194.

Intevac Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.713 99.695 0.926
201406 0.615 100.560 0.792
201409 0.624 100.428 0.804
201412 0.820 99.070 1.071
201503 0.856 99.621 1.112
201506 0.893 100.684 1.148
201509 0.837 100.392 1.079
201512 0.781 99.792 1.013
201603 0.665 100.470 0.857
201606 0.721 101.688 0.918
201609 1.081 101.861 1.373
201612 1.385 101.863 1.760
201703 1.333 102.862 1.677
201706 1.334 103.349 1.671
201709 1.164 104.136 1.447
201712 1.091 104.011 1.358
201803 0.813 105.290 0.999
201806 1.162 106.317 1.415
201809 0.857 106.507 1.041
201812 1.298 105.998 1.585
201903 1.086 107.251 1.310
201906 0.971 108.070 1.163
201909 1.137 108.329 1.358
201912 1.454 108.420 1.736
202003 0.802 108.902 0.953
202006 1.206 108.767 1.435
202009 0.907 109.815 1.069
202012 -0.717 109.897 -0.844
202103 0.384 111.754 0.445
202106 0.221 114.631 0.250
202109 0.326 115.734 0.365
202112 0.647 117.630 0.712
202203 0.179 121.301 0.191
202206 0.370 125.017 0.383
202209 0.424 125.227 0.438
202212 0.442 125.222 0.457
202303 0.448 127.348 0.455
202306 0.396 128.729 0.398
202309 0.682 129.860 0.680
202312 0.489 129.419 0.489

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.


Intevac  (NAS:IVAC) 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.


Intevac Cyclically Adjusted PS Ratio Related Terms

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


Intevac (Intevac) Business Description

Traded in Other Exchanges
Address
3560 Bassett Street, Santa Clara, CA, USA, 95054
Intevac Inc designs and develops high-productivity, thin-film processing systems. The company's production-proven platforms are designed for high-volume manufacturing of substrates with precise thin-film properties, such as the hard disk drive, display cover panel. The Thin Film Equipment segment also previously designed, developed and marketed manufacturing equipment for the photovoltaic solar cell and semiconductor packaging industries. Geographically, majority of revenue is generated from Asia.
Executives
Kevin Soulsby officer: Chief Financial Officer, 3560 BASSETT STREET, SANTA CLARA CA 95054
Nigel Hunton director, officer: President and CEO 3560 BASSETT STREET, SANTA CLARA CA 95056
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
James P Moniz officer: Chief Financial Officer, 1383 E. CAMPBELL AVENUE, CAMPBELL CA 95008
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
David S Dury director C/O INTEVAC INC, 3560 BASSETT STREET, SANTA CLARA CA 95054
Kevin D Barber director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Dickinson Colin John officer: V.P. of Operations 3560 BASSETT STREET, SANTA CLARA CA 95054
Timothy Justyn officer: VP, Operations
Wendell Thomas Blonigan officer: President & CEO INTEVAC, INC., 3560 BASSETT STREET, SANTA CLARA CA 95054
Jay Cho officer: EVP & General Manager 3560 BASSETT STREET, SANTA CLARA CA 95054
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Stephen Jamison director 32 INDEPENDENCE ROAD, BEDFORD X1 01730
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Mark Popovich director 24 MACKENZIE LANE, COTO DE CAZA X1 92679

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