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Kornit Digital (FRA:0KD) Cyclically Adjusted PS Ratio : 3.14 (As of Jun. 19, 2024)


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What is Kornit Digital Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Kornit Digital's current share price is €13.70. Kornit Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €4.37. Kornit Digital's Cyclically Adjusted PS Ratio for today is 3.14.

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

FRA:0KD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.78   Med: 3.69   Max: 6.46
Current: 2.85

During the past years, Kornit Digital's highest Cyclically Adjusted PS Ratio was 6.46. The lowest was 2.78. And the median was 3.69.

FRA:0KD's Cyclically Adjusted PS Ratio is ranked worse than
75.07% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs FRA:0KD: 2.85

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.

Kornit Digital's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.846. 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 €4.37 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kornit Digital Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kornit Digital'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.

Kornit Digital Cyclically Adjusted PS Ratio Chart

Kornit Digital 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 - - - - 3.90

Kornit Digital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 6.00 3.83 3.90 3.61

Competitive Comparison of Kornit Digital's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Kornit Digital'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.


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

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

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



Kornit Digital 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.

Kornit Digital's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.70/4.37
=3.14

* 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.

Kornit Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kornit Digital's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.846/131.7762*131.7762
=0.846

Current CPI (Mar. 2024) = 131.7762.

Kornit Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.502 100.560 0.658
201409 0.622 100.428 0.816
201412 0.533 99.070 0.709
201503 0.567 99.621 0.750
201506 0.596 100.684 0.780
201509 0.618 100.392 0.811
201512 0.740 99.792 0.977
201603 0.646 100.470 0.847
201606 0.699 101.688 0.906
201609 0.790 101.861 1.022
201612 0.956 101.863 1.237
201703 0.776 102.862 0.994
201706 0.733 103.349 0.935
201709 0.684 104.136 0.866
201712 0.817 104.011 1.035
201803 0.727 105.290 0.910
201806 0.876 106.317 1.086
201809 0.903 106.507 1.117
201812 0.923 105.998 1.147
201903 0.972 107.251 1.194
201906 1.076 108.070 1.312
201909 1.019 108.329 1.240
201912 1.057 108.420 1.285
202003 0.582 108.902 0.704
202006 0.813 108.767 0.985
202009 1.141 109.815 1.369
202012 1.293 109.897 1.550
202103 1.168 111.754 1.377
202106 1.417 114.631 1.629
202109 1.531 115.734 1.743
202112 1.523 117.630 1.706
202203 1.523 121.301 1.655
202206 1.105 125.017 1.165
202209 1.354 125.227 1.425
202212 1.197 125.222 1.260
202303 0.895 127.348 0.926
202306 1.047 128.729 1.072
202309 1.133 129.860 1.150
202312 1.076 129.419 1.096
202403 0.846 131.776 0.846

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.


Kornit Digital  (FRA:0KD) 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.


Kornit Digital Cyclically Adjusted PS Ratio Related Terms

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


Kornit Digital (FRA:0KD) Business Description

Traded in Other Exchanges
Address
12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246
Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.

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