GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SRT Marine Systems PLC (LSE:SRT) » Definitions » Cyclically Adjusted PS Ratio

SRT Marine Systems (LSE:SRT) Cyclically Adjusted PS Ratio : 2.65 (As of Jun. 19, 2024)


View and export this data going back to 2005. Start your Free Trial

What is SRT Marine Systems Cyclically Adjusted PS Ratio?

As of today (2024-06-19), SRT Marine Systems's current share price is £0.265. SRT Marine Systems's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was £0.10. SRT Marine Systems's Cyclically Adjusted PS Ratio for today is 2.65.

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

LSE:SRT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.95   Med: 4.72   Max: 9.04
Current: 2.51

During the past 13 years, SRT Marine Systems's highest Cyclically Adjusted PS Ratio was 9.04. The lowest was 1.95. And the median was 4.72.

LSE:SRT's Cyclically Adjusted PS Ratio is ranked worse than
74.57% of 1923 companies
in the Hardware industry
Industry Median: 1.09 vs LSE:SRT: 2.51

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.

SRT Marine Systems's adjusted revenue per share data of for the fiscal year that ended in Mar23 was £0.167. 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 £0.10 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


SRT Marine Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SRT Marine 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.

SRT Marine Systems Cyclically Adjusted PS Ratio Chart

SRT Marine Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 3.37 3.85 4.02 4.16

SRT Marine Systems Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 4.02 - 4.16 -

Competitive Comparison of SRT Marine Systems's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, SRT Marine 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.


SRT Marine Systems's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



SRT Marine 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.265/0.1
=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.

SRT Marine Systems's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, SRT Marine Systems's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.167/126.8000*126.8000
=0.167

Current CPI (Mar23) = 126.8000.

SRT Marine Systems Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.052 99.300 0.066
201503 0.066 99.600 0.084
201603 0.082 100.400 0.104
201703 0.083 102.700 0.102
201803 0.042 105.100 0.051
201903 0.142 107.000 0.168
202003 0.122 108.600 0.142
202103 0.051 109.700 0.059
202203 0.049 116.500 0.053
202303 0.167 126.800 0.167

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.


SRT Marine Systems  (LSE:SRT) 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.


SRT Marine Systems Cyclically Adjusted PS Ratio Related Terms

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


SRT Marine Systems (LSE:SRT) Business Description

Industry
Traded in Other Exchanges
Address
Wireless House, Midsomer Norton, Westfield Industrial Estate, Bath, GBR, BA3 4BS
SRT Marine Systems PLC develops and delivers advanced maritime domain awareness technologies, products, and systems, with expertise in Automatic Identification Systems. The company's major customers are system integrators, marine electronics companies, individual vessel operators, port owners and operators, and national authorities. The company currently operates in the following geographical markets: Europe, Middle East, North America, the United Kingdom, and others. The company has developed three core system products, VTS (ports, waterways, and infrastructure), VMS (Fisheries monitoring and management) and MDM (Coastal Surveillance) systems. Its largest end market by revenue is in the Middle East.