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Research Frontiers (Research Frontiers) Cyclically Adjusted PS Ratio : 26.50 (As of Apr. 29, 2024)


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What is Research Frontiers Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Research Frontiers's current share price is $1.59. Research Frontiers's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $0.06. Research Frontiers's Cyclically Adjusted PS Ratio for today is 26.50.

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

REFR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 7.5   Med: 35.93   Max: 139.6
Current: 26.77

During the past years, Research Frontiers's highest Cyclically Adjusted PS Ratio was 139.60. The lowest was 7.50. And the median was 35.93.

REFR's Cyclically Adjusted PS Ratio is ranked worse than
99.31% of 1896 companies
in the Hardware industry
Industry Median: 1.02 vs REFR: 26.77

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.

Research Frontiers's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.009. 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 $0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Research Frontiers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Research Frontiers'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.

Research Frontiers Cyclically Adjusted PS Ratio Chart

Research Frontiers 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 42.16 40.36 23.56 28.59 17.01

Research Frontiers 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 28.59 26.47 25.43 17.68 17.01

Competitive Comparison of Research Frontiers's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Research Frontiers'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.


Research Frontiers's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Research Frontiers 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.

Research Frontiers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.59/0.06
=26.50

* 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.

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

For example, Research Frontiers'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)
=0.009/129.4194*129.4194
=0.009

Current CPI (Dec. 2023) = 129.4194.

Research Frontiers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.013 99.695 0.017
201406 0.017 100.560 0.022
201409 0.019 100.428 0.024
201412 0.018 99.070 0.024
201503 0.016 99.621 0.021
201506 0.033 100.684 0.042
201509 0.019 100.392 0.024
201512 0.016 99.792 0.021
201603 0.017 100.470 0.022
201606 0.010 101.688 0.013
201609 0.013 101.861 0.017
201612 0.012 101.863 0.015
201703 0.016 102.862 0.020
201706 0.014 103.349 0.018
201709 0.020 104.136 0.025
201712 0.012 104.011 0.015
201803 0.018 105.290 0.022
201806 0.013 106.317 0.016
201809 0.014 106.507 0.017
201812 0.013 105.998 0.016
201903 0.015 107.251 0.018
201906 0.010 108.070 0.012
201909 0.015 108.329 0.018
201912 0.012 108.420 0.014
202003 0.011 108.902 0.013
202006 0.006 108.767 0.007
202009 0.005 109.815 0.006
202012 0.004 109.897 0.005
202103 0.007 111.754 0.008
202106 0.004 114.631 0.005
202109 0.023 115.734 0.026
202112 0.007 117.630 0.008
202203 0.005 121.301 0.005
202206 0.003 125.017 0.003
202209 0.005 125.227 0.005
202212 0.004 125.222 0.004
202303 0.007 127.348 0.007
202306 0.006 128.729 0.006
202309 0.005 129.860 0.005
202312 0.009 129.419 0.009

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.


Research Frontiers  (NAS:REFR) 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.


Research Frontiers Cyclically Adjusted PS Ratio Related Terms

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


Research Frontiers (Research Frontiers) Business Description

Traded in Other Exchanges
N/A
Address
240 Crossways Park Drive, Woodbury, NY, USA, 11797-2033
Research Frontiers Inc is engaged in the development and marketing of technology and devices to control the flow of light. The company develops and licenses its patented suspended particle device light-control technology to other companies that manufacture and market the SPD-Smart chemical emulsion, the light-control film made from the chemical emulsion, the light-control panels made by laminating the film, electronics to power end-products incorporating the film, or lamination services for, and the end-products. Its revenue source comes from the licensing of technology.
Executives
Darryl Daigle director 3213 WYTCHWOOD DRIVE, MORGAN CITY LA 70380
Eyal Peso director C/O GAUZY LTD., 14 HATHIYA STREET, TEL AVIV-YAFO L3 6816914
Kevin Douglas 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
William Graham Settle director 6003 COBRIDGE SQUARE, RALEIGH NC 27609
Michael R Lapointe officer: Vice President-Marketing
Alexander Kaganowicz director 1217 CARLLS STRAIGHT PATH, DIX HILLS NY 11746
Joseph M Harary director, officer: Persident and CEO
Grimes George Gregory director 24 FIFTH AVENUE, APT. 1530, NEW YORK NY 10011
Douglas Family Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
James & Jean Douglas Irrevocable Descendants Trust 10 percent owner, other: 13(d)(3) group 300A DRAKES LANDING ROAD, SUITE 200, GREENBRAE CA 94904
Voorhees Seth Van officer: VicePresident-Business Dev/CFO 12 HARVEY DRIVE, SHORT HILLS NJ 07078
Robert L Saxe director, officer: Chairman/CTO
Steven Michael Slovak officer: Vice President-Technology 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797
Jack Derby director 399 BOYLSTON STREET, BOSTON MA 02117
Victor F Keen director C/O RESEARCH FRONTIERS INC., 240 CROSSWAYS PARK DRIVE, WOODBURY NY 11797

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