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Surge Components (Surge Components) Cyclically Adjusted PS Ratio : 0.43 (As of May. 15, 2024)


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What is Surge Components Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Surge Components's current share price is $2.70. Surge Components's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $6.32. Surge Components's Cyclically Adjusted PS Ratio for today is 0.43.

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

SPRS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.38   Max: 0.94
Current: 0.43

During the past years, Surge Components's highest Cyclically Adjusted PS Ratio was 0.94. The lowest was 0.18. And the median was 0.38.

SPRS's Cyclically Adjusted PS Ratio is ranked better than
75.6% of 1918 companies
in the Hardware industry
Industry Median: 1.06 vs SPRS: 0.43

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.

Surge Components's adjusted revenue per share data for the three months ended in Feb. 2024 was $1.265. 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 $6.32 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surge Components Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Surge Components'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.

Surge Components Cyclically Adjusted PS Ratio Chart

Surge Components Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.54 0.75 0.55 0.41

Surge Components 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 0.58 0.56 0.51 0.41 0.44

Competitive Comparison of Surge Components's Cyclically Adjusted PS Ratio

For the Electronics & Computer Distribution subindustry, Surge Components'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.


Surge Components's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Surge Components 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.

Surge Components's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.70/6.32
=0.43

* 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.

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

For example, Surge Components'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)
=1.265/129.4194*129.4194
=1.265

Current CPI (Feb. 2024) = 129.4194.

Surge Components Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.690 100.373 0.890
201408 0.778 100.352 1.003
201411 0.696 99.635 0.904
201502 0.714 99.032 0.933
201505 0.737 100.333 0.951
201508 0.826 100.548 1.063
201511 0.723 100.135 0.934
201602 0.624 100.040 0.807
201605 0.708 101.355 0.904
201608 0.808 101.617 1.029
201611 0.778 101.829 0.989
201702 0.554 102.779 0.698
201705 1.380 103.256 1.730
201708 1.615 103.587 2.018
201711 1.528 104.072 1.900
201802 1.306 105.052 1.609
201805 1.355 106.148 1.652
201808 1.731 106.383 2.106
201811 1.671 106.338 2.034
201902 1.568 106.649 1.903
201905 1.561 108.048 1.870
201908 1.472 108.245 1.760
201911 1.370 108.519 1.634
202002 1.276 109.139 1.513
202005 1.212 108.175 1.450
202008 1.558 109.662 1.839
202011 1.719 109.793 2.026
202102 1.451 110.968 1.692
202105 1.692 113.576 1.928
202108 1.867 115.421 2.093
202111 2.004 117.269 2.212
202202 1.839 119.703 1.988
202205 2.764 123.323 2.901
202208 2.430 124.958 2.517
202211 2.010 125.607 2.071
202302 1.602 126.928 1.633
202305 1.773 128.314 1.788
202308 1.536 129.538 1.535
202311 1.403 129.548 1.402
202402 1.265 129.419 1.265

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.


Surge Components  (OTCPK:SPRS) 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.


Surge Components Cyclically Adjusted PS Ratio Related Terms

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


Surge Components (Surge Components) Business Description

Traded in Other Exchanges
N/A
Address
95 East Jefryn Boulevard, Deer Park, New York, NY, USA, 11729
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, transistors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
Executives
Peter Levy director C/O ATLAS THERAPEUTICS CORPORATION, 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
Michael D Tofias 10 percent owner 325 NORTH END AVENUE, APT. 25B, NEW YORK NY 10282
Steven J Lubman director, officer: VP, Secretary, Director 1016 GRAND BLVD, DEER PARK NY 11729
Martin Novick director
Alan Plafker director 24 SYLVIA ROAD, PLAINVIEW NY 11803
Gary Mark Jacobs director 15 HOOVER STREET, INWOOD NY 11096
Lawrence Chariton director 30 ROCKAWAY PLACE, MASSAPEQUA NY 11758
Ira Levy director, officer: Chief Executive Officer
David Siegel director 95 EAST JEFRYN BOULEVARD, DEER PARK NY 11729

Surge Components (Surge Components) Headlines