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Sprintex (ASX:SIX) Cyclically Adjusted PS Ratio : 2.65 (As of Dec. 11, 2024)


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What is Sprintex Cyclically Adjusted PS Ratio?

As of today (2024-12-11), Sprintex's current share price is A$0.053. Sprintex's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 was A$0.02. Sprintex's Cyclically Adjusted PS Ratio for today is 2.65.

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

ASX:SIX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 1.36   Max: 3.55
Current: 3.02

During the past 13 years, Sprintex's highest Cyclically Adjusted PS Ratio was 3.55. The lowest was 0.55. And the median was 1.36.

ASX:SIX's Cyclically Adjusted PS Ratio is ranked worse than
79.69% of 827 companies
in the Vehicles & Parts industry
Industry Median: 0.94 vs ASX:SIX: 3.02

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.

Sprintex's adjusted revenue per share data of for the fiscal year that ended in Jun24 was A$0.003. 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 A$0.02 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sprintex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sprintex'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.

Sprintex Cyclically Adjusted PS Ratio Chart

Sprintex Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 1.92 2.25 1.61 2.75

Sprintex Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.25 - 1.61 - 2.75

Competitive Comparison of Sprintex's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Sprintex'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.


Sprintex's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sprintex's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sprintex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.053/0.02
=2.65

* 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.

Sprintex's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Sprintex's adjusted Revenue per Share data for the fiscal year that ended in Jun24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=0.003/128.9064*128.9064
=0.003

Current CPI (Jun24) = 128.9064.

Sprintex Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.027 99.838 0.035
201606 0.030 100.859 0.038
201706 0.025 102.809 0.031
201806 0.022 104.945 0.027
201906 0.019 106.617 0.023
202006 0.011 106.246 0.013
202106 0.004 110.332 0.005
202206 0.002 117.112 0.002
202306 0.004 124.170 0.004
202406 0.003 128.906 0.003

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.


Sprintex  (ASX:SIX) 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.


Sprintex Cyclically Adjusted PS Ratio Related Terms

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


Sprintex Business Description

Traded in Other Exchanges
N/A
Address
251 Adelaide Terrace, Suite 6, Level 1, Perth, WA, AUS, 6000
Sprintex Ltd is a company that engages in manufacturing and distributing a patented range of Sprintex superchargers. The company products are used in Jeeps, Grand Cherokee, Dodge Challenger V6, Dodge Charger V6, Chrysler 300 C/C V6, Ram 1500 V6, FT86/FRS, BRZ, Mini Cooper S, and Honda, among others. Geographically, it derives a majority of its revenue from the United States and also has a presence in Australia, United Kingdom and European Union, and Asia.