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Transact Technologies (Transact Technologies) Cyclically Adjusted PS Ratio : 0.65 (As of Apr. 27, 2024)


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What is Transact Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Transact Technologies's current share price is $4.90. Transact Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.52. Transact Technologies's Cyclically Adjusted PS Ratio for today is 0.65.

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

TACT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.18   Max: 2.28
Current: 0.65

During the past years, Transact Technologies's highest Cyclically Adjusted PS Ratio was 2.28. The lowest was 0.42. And the median was 1.18.

TACT's Cyclically Adjusted PS Ratio is ranked better than
65.43% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs TACT: 0.65

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.

Transact Technologies's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.325. 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 $7.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transact Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transact Technologies'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.

Transact Technologies Cyclically Adjusted PS Ratio Chart

Transact Technologies 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 1.45 0.98 1.48 0.85 0.93

Transact Technologies 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 0.85 0.82 1.17 0.84 0.93

Competitive Comparison of Transact Technologies's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Transact Technologies'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.


Transact Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Transact Technologies 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.

Transact Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.90/7.52
=0.65

* 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.

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

For example, Transact Technologies'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)
=1.325/129.4194*129.4194
=1.325

Current CPI (Dec. 2023) = 129.4194.

Transact Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.592 99.695 2.067
201406 1.620 100.560 2.085
201409 1.593 100.428 2.053
201412 1.510 99.070 1.973
201503 2.052 99.621 2.666
201506 2.203 100.684 2.832
201509 1.806 100.392 2.328
201512 1.537 99.792 1.993
201603 1.821 100.470 2.346
201606 1.912 101.688 2.433
201609 1.917 101.861 2.436
201612 1.826 101.863 2.320
201703 1.880 102.862 2.365
201706 1.809 103.349 2.265
201709 2.046 104.136 2.543
201712 1.679 104.011 2.089
201803 1.550 105.290 1.905
201806 1.926 106.317 2.345
201809 2.042 106.507 2.481
201812 1.524 105.998 1.861
201903 1.516 107.251 1.829
201906 1.494 108.070 1.789
201909 1.507 108.329 1.800
201912 1.443 108.420 1.722
202003 1.365 108.902 1.622
202006 0.701 108.767 0.834
202009 0.967 109.815 1.140
202012 0.891 109.897 1.049
202103 0.928 111.754 1.075
202106 1.039 114.631 1.173
202109 1.080 115.734 1.208
202112 1.129 117.630 1.242
202203 0.981 121.301 1.047
202206 1.274 125.017 1.319
202209 1.802 125.227 1.862
202212 1.811 125.222 1.872
202303 2.217 127.348 2.253
202306 1.987 128.729 1.998
202309 1.710 129.860 1.704
202312 1.325 129.419 1.325

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.


Transact Technologies  (NAS:TACT) 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.


Transact Technologies Cyclically Adjusted PS Ratio Related Terms

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


Transact Technologies (Transact Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2319 Whitney Avenue, One Hamden Center, Suite 3B, Hamden, CT, USA, 06518
Transact Technologies Inc develops and sells software-driven technology and printing solutions. The company's software is sold under BOHA, AccuDate, Epic, EPICENTRAL, Ithaca, and Printrex brand names. It also provides supplies and consumables used in the printing and scanning activities to restaurant and hospitality, banking, retail, casino and gaming, point of sale automation, lottery, medical, mobile, oil, and gas markets. Most of the revenue is derived from the casinos and gaming industry followed by the Foodservice technology market. Its geographical segments are the United States and International, of which the majority of its revenue comes from the United States.
Executives
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Audrey Dunning director 242 MEADOWBROOK DRIVE, CRANBERRY TOWNSHIP PA 16066
325 Master Fund Lp director, 10 percent owner 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017
325 Capital Gp, Llc director, 10 percent owner 757 THIRD AVENUE, 20TH FLOOR, NEW YORK NY 10017
Gaurav Bahri officer: Chief Revenue Officer 12586 MISTY CREEK LANE, FAIRFAX VA 22033
William Defrances officer: Chief Accounting Officer
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Bart C Shuldman director, officer: Chairman and CEO 6700 PARADISE ROAD, SUITE D, LAS VEGAS NV 89119
Raymond J Harbert 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Kenan Lucas 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Fund Advisors, Inc. 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Discovery Fund, Lp 10 percent owner HARBERT DISCOVERY FUND GP, LLC, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
John F. Bryant 10 percent owner C/O HARBERT MANAGEMENT CORPORATION, 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203
Harbert Management Corp 10 percent owner 2100 THIRD AVENUE NORTH, SUITE 600, BIRMINGHAM AL 35203

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