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Judges Scientific (FRA:IUF) Cyclically Adjusted PS Ratio : 7.74 (As of May. 26, 2024)


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What is Judges Scientific Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Judges Scientific's current share price is €129.00. Judges Scientific's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €16.66. Judges Scientific's Cyclically Adjusted PS Ratio for today is 7.74.

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

FRA:IUF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.53   Med: 5.22   Max: 8.73
Current: 7.8

During the past 13 years, Judges Scientific's highest Cyclically Adjusted PS Ratio was 8.73. The lowest was 2.53. And the median was 5.22.

FRA:IUF's Cyclically Adjusted PS Ratio is ranked worse than
94.75% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs FRA:IUF: 7.80

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.

Judges Scientific's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €23.860. 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 €16.66 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Judges Scientific Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Judges Scientific'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.

Judges Scientific Cyclically Adjusted PS Ratio Chart

Judges Scientific 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 6.48 6.63 7.67 6.49 6.18

Judges Scientific Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 7.67 - 6.49 - 6.18

Competitive Comparison of Judges Scientific's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Judges Scientific'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.


Judges Scientific's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Judges Scientific 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.

Judges Scientific's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=129.00/16.66
=7.74

* 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.

Judges Scientific's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Judges Scientific's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=23.86/130.5000*130.5000
=23.860

Current CPI (Dec23) = 130.5000.

Judges Scientific Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 8.412 99.900 10.989
201512 12.530 100.400 16.287
201612 10.965 102.200 14.001
201712 13.050 105.000 16.219
201812 13.812 107.100 16.830
201912 15.371 108.500 18.488
202012 13.815 109.400 16.480
202112 16.792 114.700 19.105
202212 20.249 125.300 21.089
202312 23.860 130.500 23.860

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.


Judges Scientific  (FRA:IUF) 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.


Judges Scientific Cyclically Adjusted PS Ratio Related Terms

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


Judges Scientific (FRA:IUF) Business Description

Industry
Traded in Other Exchanges
Address
52c Borough High Street, London, GBR, SE1 1XN
Judges Scientific PLC is engaged in the designing, manufacturing, and sale of scientific instruments. The company operates two main operating segments: Materials Sciences and Vacuum. The firm specializes in the acquisition and development of a portfolio of scientific instrument businesses. The company has operational footprints across the United Kingdom, the Rest of Europe, North America, and the Rest of the world.

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