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MICLF (Mycronic AB) Cyclically Adjusted PS Ratio : 8.19 (As of Jun. 01, 2025)


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What is Mycronic AB Cyclically Adjusted PS Ratio?

As of today (2025-06-01), Mycronic AB's current share price is $36.20. Mycronic AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $4.42. Mycronic AB's Cyclically Adjusted PS Ratio for today is 8.19.

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

MICLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.69   Med: 6.22   Max: 10.11
Current: 7.38

During the past years, Mycronic AB's highest Cyclically Adjusted PS Ratio was 10.11. The lowest was 3.69. And the median was 6.22.

MICLF's Cyclically Adjusted PS Ratio is ranked worse than
90.57% of 2046 companies
in the Industrial Products industry
Industry Median: 1.72 vs MICLF: 7.38

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.

Mycronic AB's adjusted revenue per share data for the three months ended in Mar. 2025 was $2.165. 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 $4.42 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mycronic AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mycronic AB'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.

Mycronic AB Cyclically Adjusted PS Ratio Chart

Mycronic AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.54 6.99 5.20 6.54 8.06

Mycronic AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.32 8.72 8.22 8.06 8.19

Competitive Comparison of Mycronic AB's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Mycronic AB'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.


Mycronic AB's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mycronic AB's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


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Mycronic AB 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.

Mycronic AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=36.20/4.42
=8.19

* 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.

Mycronic AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mycronic AB's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.165/132.8245*132.8245
=2.165

Current CPI (Mar. 2025) = 132.8245.

Mycronic AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.352 99.995 0.468
201509 0.738 100.228 0.978
201512 0.747 100.276 0.989
201603 0.421 100.751 0.555
201606 0.569 101.019 0.748
201609 0.595 101.138 0.781
201612 1.127 102.022 1.467
201703 0.777 102.022 1.012
201706 1.065 102.752 1.377
201709 0.626 103.279 0.805
201712 1.126 103.793 1.441
201803 0.930 103.962 1.188
201806 1.024 104.875 1.297
201809 1.253 105.679 1.575
201812 1.190 105.912 1.492
201903 1.214 105.886 1.523
201906 1.216 106.742 1.513
201909 0.947 107.214 1.173
201912 1.281 107.766 1.579
202003 0.764 106.563 0.952
202006 1.193 107.498 1.474
202009 1.234 107.635 1.523
202012 1.216 108.296 1.491
202103 1.547 108.360 1.896
202106 1.297 108.928 1.582
202109 1.169 110.338 1.407
202112 1.456 112.486 1.719
202203 1.215 114.825 1.405
202206 1.299 118.384 1.457
202209 1.141 122.296 1.239
202212 1.478 126.365 1.554
202303 1.192 127.042 1.246
202306 1.184 129.407 1.215
202309 1.177 130.224 1.201
202312 1.967 131.912 1.981
202403 1.665 132.205 1.673
202406 1.491 132.716 1.492
202409 1.783 132.304 1.790
202412 1.919 132.987 1.917
202503 2.165 132.825 2.165

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.


Mycronic AB  (OTCPK:MICLF) 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.


Mycronic AB Cyclically Adjusted PS Ratio Related Terms

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


Mycronic AB Business Description

Traded in Other Exchanges
Address
Nytorpsvagen 9, P.O. Box 3141, Taby, Stockholm, SWE, 183 03
Mycronic AB develops solutions for electronics production. It operates in four segments: Pattern Generators, which develops, manufactures, and markets mask writers and measuring machines for the production of photomasks for displays; The High Flex division, which develops, manufactures, and markets surface mount technology (SMT) and inspection equipment, focusing on markets for flexible manufacture, in Europe and the USA; The High Volume division develops, manufactures and markets equipment for dispensing and conformal coating of circuit boards, with a focus on high-volume markets in Asia. The Global Technologies division's offering includes production solutions with high levels of differentiation.

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