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Ultralife (Ultralife) Cyclically Adjusted PS Ratio : 1.58 (As of Apr. 29, 2024)


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What is Ultralife Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Ultralife's current share price is $11.39. Ultralife's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $7.20. Ultralife's Cyclically Adjusted PS Ratio for today is 1.58.

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

ULBI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.82   Max: 1.71
Current: 1.58

During the past years, Ultralife's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.34. And the median was 0.82.

ULBI's Cyclically Adjusted PS Ratio is ranked worse than
52.04% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs ULBI: 1.58

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.

Ultralife's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.719. 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 $7.20 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ultralife Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ultralife'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.

Ultralife Cyclically Adjusted PS Ratio Chart

Ultralife 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 1.15 1.07 0.99 0.59 0.95

Ultralife 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 0.59 0.60 0.70 1.37 0.95

Competitive Comparison of Ultralife's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Ultralife'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.


Ultralife's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ultralife's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Ultralife 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.

Ultralife's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.39/7.2
=1.58

* 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.

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

For example, Ultralife'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)
=2.719/129.4194*129.4194
=2.719

Current CPI (Dec. 2023) = 129.4194.

Ultralife Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.873 99.695 1.133
201406 0.867 100.560 1.116
201409 0.918 100.428 1.183
201412 1.148 99.070 1.500
201503 1.105 99.621 1.436
201506 1.142 100.684 1.468
201509 1.210 100.392 1.560
201512 1.190 99.792 1.543
201603 1.330 100.470 1.713
201606 1.321 101.688 1.681
201609 1.283 101.861 1.630
201612 1.415 101.863 1.798
201703 1.407 102.862 1.770
201706 1.258 103.349 1.575
201709 1.318 104.136 1.638
201712 1.409 104.011 1.753
201803 1.424 105.290 1.750
201806 1.384 106.317 1.685
201809 1.230 106.507 1.495
201812 1.294 105.998 1.580
201903 1.164 107.251 1.405
201906 1.815 108.070 2.174
201909 1.701 108.329 2.032
201912 1.903 108.420 2.272
202003 1.605 108.902 1.907
202006 1.770 108.767 2.106
202009 1.514 109.815 1.784
202012 1.803 109.897 2.123
202103 1.608 111.754 1.862
202106 1.646 114.631 1.858
202109 1.355 115.734 1.515
202112 1.477 117.630 1.625
202203 1.886 121.301 2.012
202206 1.989 125.017 2.059
202209 2.060 125.227 2.129
202212 2.238 125.222 2.313
202303 1.978 127.348 2.010
202306 2.644 128.729 2.658
202309 2.422 129.860 2.414
202312 2.719 129.419 2.719

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.


Ultralife  (NAS:ULBI) 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.


Ultralife Cyclically Adjusted PS Ratio Related Terms

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


Ultralife (Ultralife) Business Description

Traded in Other Exchanges
Address
2000 Technology Parkway, Newark, NY, USA, 14513
Ultralife Corp provides products and services ranging from power solutions to communications and electronics systems to customers across the globe in the government and defense, medical, safety and security, energy, and industrial sectors. The company design, manufacture, install and maintain power and communications systems including rechargeable and non-rechargeable batteries, charging systems, communications and electronics systems and accessories, and custom-engineered systems. The company's segments include Battery and Energy Products, and Communications Systems. It generates maximum revenue from Battery and Energy Products segment.
Executives
Bradford T Whitmore 10 percent owner 5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077
Michael Edward Manna director, officer: President and CEO 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
W. Shaw Robert director 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Janie Goddard director C/O ACON - 1133 CONNECTICUT AVENUE, NW, SUITE 700, WASHINGTON DC 20036
Thomas Louis Saeli director 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Philip A Fain officer: Vice President C/O CXO ON THE GO OF DELAWARE, LLC, 3349 MONROE AVENUE, # 256, ROCHESTER NY 14618
Michael D Popielec director, officer: President and CEO 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Steven Mark Anderson director 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Sunray I, Llc 10 percent owner 1560 SHERMAN AVENUE, SUITE 900, EVANSTON IL 60201
James A. Croce director 2000 TECHNOLOGY PARKWAY, NEWARK NY 14513
Spurgeon Corp 10 percent owner 407 S. THIRD STREET, SUITE 230, GENEVA IL 60134
Patricia C Barron director 6601 WEST BROAD STREET, P O BOX 27003, RICHMOND VA 23261-7003
Daniel W Christman director C/O ENTEGRIS, INC., 129 CONCORD ROAD, BILLERICA MA 01821
Paula H Cholmondeley director 221 W PHILADELPHIA ST, SUITE 60W, YORK PA 17401-2991
Ranjit C Singh director

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