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Richardson Electronics (Richardson Electronics) Cyclically Adjusted PS Ratio : 0.70 (As of Apr. 30, 2024)


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What is Richardson Electronics Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Richardson Electronics's current share price is $10.49. Richardson Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $15.05. Richardson Electronics's Cyclically Adjusted PS Ratio for today is 0.70.

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

RELL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.48   Max: 1.89
Current: 0.72

During the past years, Richardson Electronics's highest Cyclically Adjusted PS Ratio was 1.89. The lowest was 0.26. And the median was 0.48.

RELL's Cyclically Adjusted PS Ratio is ranked better than
64.72% of 1896 companies
in the Hardware industry
Industry Median: 1.02 vs RELL: 0.72

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.

Richardson Electronics's adjusted revenue per share data for the three months ended in Feb. 2024 was $3.613. 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 $15.05 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Richardson Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Richardson Electronics'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.

Richardson Electronics Cyclically Adjusted PS Ratio Chart

Richardson Electronics Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.37 0.70 1.02 1.12

Richardson Electronics Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.44 1.12 0.84 0.87 0.58

Competitive Comparison of Richardson Electronics's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Richardson Electronics'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.


Richardson Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Richardson Electronics 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.

Richardson Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.49/15.05
=0.70

* 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.

Richardson Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=3.613/129.4194*129.4194
=3.613

Current CPI (Feb. 2024) = 129.4194.

Richardson Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 2.523 100.373 3.253
201408 2.478 100.352 3.196
201411 2.433 99.635 3.160
201502 2.435 99.032 3.182
201505 2.556 100.333 3.297
201508 2.720 100.548 3.501
201511 2.646 100.135 3.420
201602 2.437 100.040 3.153
201605 3.080 101.355 3.933
201608 2.598 101.617 3.309
201611 2.634 101.829 3.348
201702 2.515 102.779 3.167
201705 2.908 103.256 3.645
201708 2.879 103.587 3.597
201711 3.024 104.072 3.761
201802 3.221 105.052 3.968
201805 3.453 106.148 4.210
201808 3.367 106.383 4.096
201811 3.166 106.338 3.853
201902 2.990 106.649 3.628
201905 3.229 108.048 3.868
201908 3.106 108.245 3.714
201911 3.017 108.519 3.598
202002 2.912 109.139 3.453
202005 2.844 108.175 3.403
202008 2.948 109.662 3.479
202011 3.207 109.793 3.780
202102 3.406 110.968 3.972
202105 3.749 113.576 4.272
202108 3.959 115.421 4.439
202111 3.913 117.269 4.318
202202 3.922 119.703 4.240
202205 4.346 123.323 4.561
202208 4.697 124.958 4.865
202211 4.518 125.607 4.655
202302 4.781 126.928 4.875
202305 4.017 128.314 4.052
202308 3.604 129.538 3.601
202311 3.091 129.548 3.088
202402 3.613 129.419 3.613

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.


Richardson Electronics  (NAS:RELL) 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.


Richardson Electronics Cyclically Adjusted PS Ratio Related Terms

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


Richardson Electronics (Richardson Electronics) Business Description

Traded in Other Exchanges
Address
40W267 Keslinger Road, P.O. Box 393, LaFox, IL, USA, 60147-0393
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.
Executives
Robert H Kluge director C/O RICHARDSON ELECTRONICS, LTD., 40W267 KESLINGER ROAD P.O. BOX 393, LAFOX IL 60147
Kathleen Mcnally officer: Sr. VP Global Supply Chain C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147-0393
Wendy Diddell officer: EVP Corporate Development C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Gregory J Peloquin officer: EVP, EDG 40W267 KESLINGER RD, P O BOX 393, LAFOX IL 60147-0393
Paul J Plante director C/O RICHARDSON ELECTRONICS, LTD., PO BOX 393, 40W267 KESLINGER RD., LAFOX IL 60147
Jacques Belin director 40W267 KESLINGER RD., LAFOX IL 60147
James Benham director 40W267 KESLINGER RD., LAFOX IL 60147
Kenneth Halverson director 40W267 KESLINGER RD., LAFOX IL 60147
Jens Frank Ruppert officer: EVP Canvys 40W267 KESLINGER ROAD, P.O. BOX 393, LAFOX IL 60147
Robert J Ben officer: CFO, CAO, Corporate Secretary 40W267 KESLINGER ROAD PO BOX 393, LAFOX IL 60147
Fitzgerald Patrick Thomas Iii officer: EVP Healthcare 40W267 KESLINGER ROAD, P.O. BOX 393, LAFOX IL 60147
James Dudek officer: Controller & Chief Accounting C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Kathleen S Dvorak officer: EVP & CFO C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Edward J Richardson director, 10 percent owner, officer: Chairman & CEO C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147
Sandeep Beotra officer: EVP Mergers & Acquisitions 40W267 KESLINGER RD., LAFOX IL 60147

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