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NSYS (Nortech Systems) Cyclically Adjusted PS Ratio : 0.20 (As of Jan. 18, 2025)


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What is Nortech Systems Cyclically Adjusted PS Ratio?

As of today (2025-01-18), Nortech Systems's current share price is $10.29. Nortech Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $51.45. Nortech Systems's Cyclically Adjusted PS Ratio for today is 0.20.

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

NSYS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.11   Max: 0.34
Current: 0.2

During the past years, Nortech Systems's highest Cyclically Adjusted PS Ratio was 0.34. The lowest was 0.06. And the median was 0.11.

NSYS's Cyclically Adjusted PS Ratio is ranked better than
93.58% of 436 companies
in the Medical Devices & Instruments industry
Industry Median: 2.285 vs NSYS: 0.20

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.

Nortech Systems's adjusted revenue per share data for the three months ended in Sep. 2024 was $11.379. 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 $51.45 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nortech Systems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nortech 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.

Nortech Systems Cyclically Adjusted PS Ratio Chart

Nortech Systems 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 0.11 0.16 0.22 0.25 0.19

Nortech Systems Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.18 0.19 0.26 0.27 0.23

Competitive Comparison of Nortech Systems's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Nortech 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.


Nortech Systems's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nortech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.29/51.45
=0.20

* 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.

Nortech Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Nortech Systems's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=11.379/133.0289*133.0289
=11.379

Current CPI (Sep. 2024) = 133.0289.

Nortech Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 11.059 99.070 14.850
201503 9.676 99.621 12.921
201506 9.760 100.684 12.895
201509 11.074 100.392 14.674
201512 11.450 99.792 15.263
201603 10.531 100.470 13.944
201606 10.533 101.688 13.779
201609 10.807 101.861 14.114
201612 10.525 101.863 13.745
201703 10.305 102.862 13.327
201706 10.966 103.349 14.115
201709 10.298 104.136 13.155
201712 9.333 104.011 11.937
201803 9.720 105.290 12.281
201806 10.585 106.317 13.244
201809 11.017 106.507 13.760
201812 10.712 105.998 13.444
201903 10.588 107.251 13.133
201906 10.199 108.070 12.555
201909 11.309 108.329 13.887
201912 11.599 108.420 14.232
202003 10.281 108.902 12.559
202006 9.955 108.767 12.176
202009 9.753 109.815 11.815
202012 8.970 109.897 10.858
202103 8.301 111.754 9.881
202106 10.904 114.631 12.654
202109 10.226 115.734 11.754
202112 11.680 117.630 13.209
202203 10.693 121.301 11.727
202206 11.264 125.017 11.986
202209 12.164 125.227 12.922
202212 12.252 125.222 13.016
202303 12.014 127.348 12.550
202306 12.198 128.729 12.605
202309 11.550 129.860 11.832
202312 12.519 129.419 12.868
202403 11.766 131.776 11.878
202406 11.543 132.554 11.584
202409 11.379 133.029 11.379

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.


Nortech Systems  (NAS:NSYS) 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.


Nortech Systems Cyclically Adjusted PS Ratio Related Terms

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


Nortech Systems Business Description

Traded in Other Exchanges
N/A
Address
7550 Meridian Circle North, Suite 150, Maple Grove, MN, USA, 55369
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical and manufacturing services and support including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense and Industrial markets with key revenue coming from Medical device and product manufacturing and related engineering services.
Executives
Amy S. Fredregill director 7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE MN 55369
Jose Antonio Peris director 7550 MERIDIAN CIRCLE N., SUITE # 150, MAPLE GROVE MN 55369
David B Kunin director 7201 METRO BOULEVARD, MINNEAPOLIS MN 55439
David J. Graff director 7550 MERIDIAN CIRCLE N., SUITE 150, MAPLE GROVE MN 55369
Daniel Ramon Everingham 10 percent owner 617 COUNTRY VIEW LANE, GARLAND TX 75043
Jay D Miller director 7550 MERIDIAN CIR N, SUITE 150, MAPLE GROVE MN 55369
Christopher Dean Jones officer: CFO 7550 MERIDIAN CIRCLE N., SUITE 150, MAPLE GROVE MN 55369
Stacy A Kruse director 7401 BOONE AVENUE NORTH, BROOKLYN PARK MN 55428
Philip Irving Smith director 4503 BROWNDALE AVENUE, EDINA MN 55424
Dan Sachs director 7550 MERIDIAN CIRCLE N., MAPLE GROVE MN 55369
Steven J Rosenstone director 7550 MERIDIAN CIR N, SUITE 150, MAPLE GROVE MN 55369
Heidi B Grange officer: Senior Vice President of HR 7550 MERIDIAN CIRCLE N, MAPLE GROVE MN 55369
John Lindeen officer: Sr VP - Global Operations 7550 MERIDIAN CIRCLE N, SUITE 150, MAPLE GROVE MN 55369
Beck Constance officer: Chief Financial Officer NORTECH SYSTEMS INCORPORATED, 7550 MERDIAN CIRCLE N, MAPLE GROVE MN 55369
Matt Mahmood officer: Chief Operating Officer 7550 MERIDIAN CIRCLE N, SUITE 150, MAPLE GROVE MN 55369