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Koss (KOSS) Cyclically Adjusted PS Ratio : 0.75 (As of Apr. 27, 2024)


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What is Koss Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Koss's current share price is $2.40. Koss's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $3.20. Koss's Cyclically Adjusted PS Ratio for today is 0.75.

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

KOSS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.48   Max: 16.41
Current: 0.75

During the past years, Koss's highest Cyclically Adjusted PS Ratio was 16.41. The lowest was 0.20. And the median was 0.48.

KOSS's Cyclically Adjusted PS Ratio is ranked better than
60.72% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs KOSS: 0.75

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.

Koss's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.364. 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 $3.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koss Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Koss'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.

Koss Cyclically Adjusted PS Ratio Chart

Koss Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.33 6.01 1.86 1.10

Koss 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 1.41 1.34 1.10 0.90 1.05

Competitive Comparison of Koss's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Koss'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.


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

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

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



Koss 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.40/3.2
=0.75

* 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.

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

For example, Koss'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)
=0.364/129.4194*129.4194
=0.364

Current CPI (Dec. 2023) = 129.4194.

Koss Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.582 99.695 0.756
201406 0.839 100.560 1.080
201409 0.741 100.428 0.955
201412 0.954 99.070 1.246
201503 0.813 99.621 1.056
201506 0.775 100.684 0.996
201509 0.749 100.392 0.966
201512 0.979 99.792 1.270
201603 0.813 100.470 1.047
201606 0.980 101.688 1.247
201609 0.860 101.861 1.093
201612 0.906 101.863 1.151
201703 0.647 102.862 0.814
201706 0.846 103.349 1.059
201709 0.824 104.136 1.024
201712 0.798 104.011 0.993
201803 0.595 105.290 0.731
201806 0.969 106.317 1.180
201809 0.773 106.507 0.939
201812 0.730 105.998 0.891
201903 0.656 107.251 0.792
201906 0.781 108.070 0.935
201909 0.731 108.329 0.873
201912 0.562 108.420 0.671
202003 0.647 108.902 0.769
202006 0.533 108.767 0.634
202009 0.703 109.815 0.829
202012 0.661 109.897 0.778
202103 0.492 111.754 0.570
202106 0.493 114.631 0.557
202109 0.494 115.734 0.552
202112 0.439 117.630 0.483
202203 0.469 121.301 0.500
202206 0.435 125.017 0.450
202209 0.342 125.227 0.353
202212 0.357 125.222 0.369
202303 0.366 127.348 0.372
202306 0.322 128.729 0.324
202309 0.365 129.860 0.364
202312 0.364 129.419 0.364

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.


Koss  (NAS:KOSS) 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.


Koss Cyclically Adjusted PS Ratio Related Terms

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


Koss (KOSS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4129 North Port Washington Avenue, Milwaukee, WI, USA, 53212
Koss Corp is engaged in the design, manufacture, and sale of stereo headphones and related accessory products. It operates in the audio/video industry segment of the home entertainment industry. The company markets a line of headphones, wireless Bluetooth headphones, wireless Bluetooth speakers, computer headsets, telecommunications headsets, and active noise-cancelling headphones. The majority of the firm's revenue is derived from sales of stereo headphones.
Executives
William Jesse Sweasy director 401 LEVEE STREET, RED WING MN 55066
Kim M. Schulte officer: Chief Financial Officer 4129 NORTH PORT WASHINGTON AVENUE, MILWAUKEE WI 53212
David Donnan Smith officer: EVP and CFO 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Koss Michael J Jr officer: VP Marketing & Product 4129 N PORT WASHINGTON AVENUE, MILWAUKEE WI 53212
Michael J Koss officer: President and CEO C/O GENIUS PRODUCTS, INC., 740 LOMAS SANTA FE, SUITE 210, SOLANA BEACH CA 92075
Koss John C Jr officer: Vice President - Sales C/O KOSS CORPORATION, 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Thomas L. Doerr director 4129 N. PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Lenore Lillie officer: VP - Operations 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
Nancy Koss 2012 Trust, Dated 12/20/12 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217
Steven A Leveen director 1030 SEA SPRAY AVENUE, DELRAY BEACH FL 33483
Theodore Nixon director 100 SOUTH SPRING STREET, LOUISVILLE KY 40206
Elizabeth A Uecker officer: Secretary 4129 N PORT WASHINGTON ROAD, MILWAUKEE WI 53212
John C Koss director 4129 NORTH PORT WASHINGTON AVE, MILWAUKEE WI 53212
Nancy L Koss 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217
Koss Family Trust, Dated 9/11/12 10 percent owner 1492 W. CALUMET CT., RIVER HILLS WI 53217

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