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Faro Technologies (FRA:FT1) Cyclically Adjusted PS Ratio : 0.73 (As of Jun. 06, 2024)


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What is Faro Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Faro Technologies's current share price is €16.10. Faro Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €22.01. Faro Technologies's Cyclically Adjusted PS Ratio for today is 0.73.

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

FRA:FT1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 2.59   Max: 4.7
Current: 0.76

During the past years, Faro Technologies's highest Cyclically Adjusted PS Ratio was 4.70. The lowest was 0.49. And the median was 2.59.

FRA:FT1's Cyclically Adjusted PS Ratio is ranked better than
61.24% of 1922 companies
in the Hardware industry
Industry Median: 1.1 vs FRA:FT1: 0.76

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.

Faro Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.069. 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 €22.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Faro Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Faro 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.

Faro Technologies Cyclically Adjusted PS Ratio Chart

Faro 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 2.55 3.48 3.21 1.28 0.96

Faro Technologies 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 1.05 0.69 0.64 0.96 0.90

Competitive Comparison of Faro Technologies's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Faro 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.


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

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

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



Faro 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.10/22.01
=0.73

* 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.

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

For example, Faro Technologies'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)
=4.069/131.7762*131.7762
=4.069

Current CPI (Mar. 2024) = 131.7762.

Faro Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.483 100.560 4.564
201409 3.666 100.428 4.810
201412 4.834 99.070 6.430
201503 3.690 99.621 4.881
201506 4.265 100.684 5.582
201509 3.714 100.392 4.875
201512 4.912 99.792 6.486
201603 4.088 100.470 5.362
201606 4.192 101.688 5.432
201609 4.246 101.861 5.493
201612 5.200 101.863 6.727
201703 4.571 102.862 5.856
201706 4.406 103.349 5.618
201709 4.508 104.136 5.705
201712 5.368 104.011 6.801
201803 4.392 105.290 5.497
201806 4.871 106.317 6.037
201809 4.990 106.507 6.174
201812 5.372 105.998 6.678
201903 4.637 107.251 5.697
201906 4.773 108.070 5.820
201909 4.732 108.329 5.756
201912 5.363 108.420 6.518
202003 4.085 108.902 4.943
202006 3.030 108.767 3.671
202009 3.374 109.815 4.049
202012 4.145 109.897 4.970
202103 3.547 111.754 4.182
202106 3.753 114.631 4.314
202109 3.698 115.734 4.211
202112 4.859 117.630 5.443
202203 3.816 121.301 4.146
202206 4.139 125.017 4.363
202209 4.675 125.227 4.920
202212 5.368 125.222 5.649
202303 4.218 127.348 4.365
202306 4.303 128.729 4.405
202309 4.292 129.860 4.355
202312 4.778 129.419 4.865
202403 4.069 131.776 4.069

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.


Faro Technologies  (FRA:FT1) 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.


Faro Technologies Cyclically Adjusted PS Ratio Related Terms

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


Faro Technologies (FRA:FT1) Business Description

Industry
Traded in Other Exchanges
Address
250 Technology Park, Lake Mary, FL, USA, 32746
Faro Technologies Inc is a global technology company. It designs, develops, manufactures, markets and supports software-driven, three-dimensional (3-D) measurement, imaging, and realization solutions for the 3D metrology, architecture, engineering and construction (AEC), Operations and Maintenance (O&M) and public safety analytics markets. The company enables its customers to capture, measure, manipulate, interact with and share 3D and 2D data from the physical world in a virtual environment and then translate the information back into the physical domain. FARO suite of 3D products and software solutions are used for the inspection of components and assemblies, rapid prototyping, reverse engineering, documenting large volumes or structures in 3D, surveying, and construction.

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