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Kornit Digital (MEX:KRNT) Cyclically Adjusted PS Ratio : 3.62 (As of Jun. 23, 2024)


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What is Kornit Digital Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Kornit Digital's current share price is MXN274.71. Kornit Digital's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was MXN75.95. Kornit Digital's Cyclically Adjusted PS Ratio for today is 3.62.

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

MEX:KRNT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.78   Med: 3.69   Max: 6.46
Current: 2.91

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.

MEX:KRNT's Cyclically Adjusted PS Ratio is ranked worse than
73.91% of 2200 companies
in the Industrial Products industry
Industry Median: 1.4 vs MEX:KRNT: 2.91

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 MXN15.259. 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 MXN75.95 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
=274.71/75.95
=3.62

* 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)
=15.259/131.7762*131.7762
=15.259

Current CPI (Mar. 2024) = 131.7762.

Kornit Digital Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.846 100.560 11.592
201409 10.761 100.428 14.120
201412 9.697 99.070 12.898
201503 9.353 99.621 12.372
201506 10.500 100.684 13.743
201509 11.728 100.392 15.394
201512 13.861 99.792 18.303
201603 12.380 100.470 16.238
201606 14.535 101.688 18.836
201609 17.138 101.861 22.171
201612 20.797 101.863 26.904
201703 15.626 102.862 20.018
201706 14.884 103.349 18.978
201709 14.799 104.136 18.727
201712 18.998 104.011 24.069
201803 16.280 105.290 20.375
201806 20.114 106.317 24.931
201809 19.711 106.507 24.388
201812 20.609 105.998 25.621
201903 21.310 107.251 26.183
201906 23.353 108.070 28.476
201909 22.146 108.329 26.939
201912 22.151 108.420 26.923
202003 15.078 108.902 18.245
202006 21.142 108.767 25.614
202009 29.697 109.815 35.636
202012 31.283 109.897 37.511
202103 28.414 111.754 33.505
202106 33.974 114.631 39.055
202109 37.037 115.734 42.171
202112 35.310 117.630 39.557
202203 33.397 121.301 36.281
202206 23.506 125.017 24.777
202209 26.960 125.227 28.370
202212 24.723 125.222 26.017
202303 17.263 127.348 17.863
202306 19.443 128.729 19.903
202309 21.067 129.860 21.378
202312 19.914 129.419 20.277
202403 15.259 131.776 15.259

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  (MEX:KRNT) 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 (MEX:KRNT) 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.

Kornit Digital (MEX:KRNT) Headlines

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