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Elbit Systems (FRA:EB2) Cyclically Adjusted PS Ratio : 1.42 (As of Sep. 26, 2024)


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What is Elbit Systems Cyclically Adjusted PS Ratio?

As of today (2024-09-26), Elbit Systems's current share price is €171.40. Elbit Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €120.31. Elbit Systems's Cyclically Adjusted PS Ratio for today is 1.42.

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

FRA:EB2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.52   Max: 1.94
Current: 1.52

During the past years, Elbit Systems's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.99. And the median was 1.52.

FRA:EB2's Cyclically Adjusted PS Ratio is ranked better than
51.31% of 191 companies
in the Aerospace & Defense industry
Industry Median: 1.68 vs FRA:EB2: 1.52

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.

Elbit Systems's adjusted revenue per share data for the three months ended in Jun. 2024 was €33.855. 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 €120.31 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elbit Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Elbit Systems'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.

Elbit Systems Cyclically Adjusted PS Ratio Chart

Elbit Systems 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 1.78 1.33 1.39 1.34 1.69

Elbit Systems Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.73 1.66 1.69 1.64 1.38

Competitive Comparison of Elbit Systems's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Elbit Systems'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.


Elbit Systems's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Elbit Systems 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.

Elbit Systems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=171.40/120.31
=1.42

* 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.

Elbit Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Elbit Systems's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=33.855/132.5538*132.5538
=33.855

Current CPI (Jun. 2024) = 132.5538.

Elbit Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 13.138 100.428 17.341
201412 16.149 99.070 21.607
201503 15.286 99.621 20.339
201506 15.629 100.684 20.576
201509 15.943 100.392 21.051
201512 19.036 99.792 25.285
201603 15.150 100.470 19.988
201606 16.748 101.688 21.832
201609 16.272 101.861 21.175
201612 21.147 101.863 27.519
201703 16.385 102.862 21.115
201706 17.034 103.349 21.848
201709 15.714 104.136 20.002
201712 19.888 104.011 25.346
201803 15.527 105.290 19.548
201806 17.862 106.317 22.270
201809 17.943 106.507 22.331
201812 22.086 105.998 27.619
201903 21.131 107.251 26.116
201906 21.370 108.070 26.212
201909 22.595 108.329 27.648
201912 26.856 108.420 32.834
202003 21.931 108.902 26.694
202006 21.669 108.767 26.408
202009 21.775 109.815 26.284
202012 25.622 109.897 30.904
202103 21.230 111.754 25.181
202106 24.430 114.631 28.250
202109 26.182 115.734 29.987
202112 105.504 117.630 118.890
202203 27.588 121.301 30.147
202206 27.658 125.017 29.325
202209 30.522 125.227 32.308
202212 31.899 125.222 33.767
202303 29.275 127.348 30.472
202306 30.064 128.729 30.957
202309 31.517 129.860 32.171
202312 33.404 129.419 34.213
202403 32.012 131.776 32.201
202406 33.855 132.554 33.855

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.


Elbit Systems  (FRA:EB2) 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.


Elbit Systems Cyclically Adjusted PS Ratio Related Terms

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


Elbit Systems Business Description

Traded in Other Exchanges
Address
Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401
Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.

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