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Solitron Devices (Solitron Devices) Cyclically Adjusted PS Ratio : 3.54 (As of May. 16, 2024)


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What is Solitron Devices Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Solitron Devices's current share price is $18.00. Solitron Devices's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 was $5.08. Solitron Devices's Cyclically Adjusted PS Ratio for today is 3.54.

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

SODI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.1   Max: 3.74
Current: 3.47

During the past years, Solitron Devices's highest Cyclically Adjusted PS Ratio was 3.74. The lowest was 0.37. And the median was 1.10.

SODI's Cyclically Adjusted PS Ratio is ranked worse than
66.08% of 684 companies
in the Semiconductors industry
Industry Median: 2.335 vs SODI: 3.47

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.

Solitron Devices's adjusted revenue per share data for the three months ended in Nov. 2023 was $1.986. 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 $5.08 for the trailing ten years ended in Nov. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solitron Devices Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Solitron Devices'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.

Solitron Devices Cyclically Adjusted PS Ratio Chart

Solitron Devices Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.67 1.58 2.08 2.05

Solitron Devices Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 1.96 2.05 2.12 2.18 2.72

Competitive Comparison of Solitron Devices's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Solitron Devices'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.


Solitron Devices's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

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

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



Solitron Devices 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.

Solitron Devices's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=18.00/5.08
=3.54

* 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.

Solitron Devices's Cyclically Adjusted Revenue per Share for the quarter that ended in Nov. 2023 is calculated as:

For example, Solitron Devices's adjusted Revenue per Share data for the three months ended in Nov. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=1.986/129.5481*129.5481
=1.986

Current CPI (Nov. 2023) = 129.5481.

Solitron Devices Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201202 0.758 96.053 1.022
201205 0.833 96.961 1.113
201208 0.798 97.199 1.064
201211 0.821 97.133 1.095
201302 1.013 97.953 1.340
201305 0.947 98.282 1.248
201308 0.850 98.675 1.116
201311 0.879 98.334 1.158
201402 0.922 99.057 1.206
201405 0.960 100.373 1.239
201408 0.956 100.352 1.234
201411 1.003 99.635 1.304
201502 1.248 99.032 1.633
201505 0.988 100.333 1.276
201508 0.974 100.548 1.255
201511 0.783 100.135 1.013
201602 0.842 100.040 1.090
201605 0.812 101.355 1.038
201608 0.898 101.617 1.145
201611 1.128 101.829 1.435
201902 0.000 106.649 0.000
201905 1.344 108.048 1.611
201908 1.202 108.245 1.439
201911 1.097 108.519 1.310
202002 0.968 109.139 1.149
202005 1.211 108.175 1.450
202008 1.506 109.662 1.779
202011 1.120 109.793 1.322
202102 1.258 110.968 1.469
202105 1.733 113.576 1.977
202108 2.031 115.421 2.280
202111 1.185 117.269 1.309
202202 0.949 119.703 1.027
202205 1.025 123.323 1.077
202208 1.050 124.958 1.089
202211 0.280 125.607 0.289
202302 0.720 126.928 0.735
202305 0.978 128.314 0.987
202308 1.238 129.538 1.238
202311 1.986 129.548 1.986

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.


Solitron Devices  (OTCPK:SODI) 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.


Solitron Devices Cyclically Adjusted PS Ratio Related Terms

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


Solitron Devices (Solitron Devices) Business Description

Traded in Other Exchanges
N/A
Address
901 Sansburys Way, West Palm Beach, FL, USA, 33411
Solitron Devices Inc designs, develop, manufactures, and markets solid-state semiconductor components and related devices mainly for the military and aerospace markets. It manufactures a large variety of bipolar and metal oxide semiconductor (MOS) power transistors, power and control hybrids, junction and power MOS field-effect transistors (Power MOSFETS), field effect transistors, and other related products. It derives the majority of its revenues from its business operations in the United States, while it also holds a presence in Canada, Latin America, the Far East, and the Middle East.
Executives
Howard Timothy Eriksen director 567 WILDROSE CIRCLE, LYNDEN WA 98264
Mark Matson officer: President and COO 600 S. ROCKFORD DRIVE, TEMPE AZ 85281
Olesen Value Fund Gp Llc 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
David William Pointer director PO BOX 402, NEWMAN LAKE WA 99025
Christian Olesen 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
Olesen Capital Management Llc 10 percent owner 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
Olesen Value Fund L.p. 10 percent owner C/O OLESEN CAPITAL MANAGEMENT LLC, 185 HUDSON STREET, SUITE 2539, JERSEY CITY NJ 07311
John Stayduhar other: Shareholder C/O JOHN FARINA, 1601 FORUM PL. #900, WEST PALM BEACH FL 33401
Charles M Gillman director 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402
Cedar Creek Partners Llc other: Shareholder 8695 GLENDALE RD., CUSTER WA 98240
Eriksen Capital Management Llc other: Shareholder 8695 GLENDALE RD., CUSTER WA 98240
John F Chiste director
Dwight P Aubrey director C/O SOLITRON DEVICES, INC., 3301 ELECTRONICS WAY, WEST PALM BEACH FL 33407
Joseph F Gerrity director
Sidney H Kopperl director C/O SOLITRON DEVICES, INC., 3301 ELECTRONICS WAY, WEST PALM BEACH FL 33407