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Polar Power (Polar Power) Cyclically Adjusted PS Ratio : 0.20 (As of Apr. 30, 2024)


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What is Polar Power Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Polar Power's current share price is $0.3604. Polar Power's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $1.79. Polar Power's Cyclically Adjusted PS Ratio for today is 0.20.

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

POLA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.22   Max: 0.31
Current: 0.2

During the past 10 years, Polar Power's highest Cyclically Adjusted PS Ratio was 0.31. The lowest was 0.19. And the median was 0.22.

POLA's Cyclically Adjusted PS Ratio is ranked better than
93.78% of 2156 companies
in the Industrial Products industry
Industry Median: 1.43 vs POLA: 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.

Polar Power's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $1.151. 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 $1.79 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Polar Power Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Polar Power'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.

Polar Power Cyclically Adjusted PS Ratio Chart

Polar Power 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 - - - - 0.23

Polar Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - 0.23

Competitive Comparison of Polar Power's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Polar Power'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.


Polar Power's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Polar Power 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.

Polar Power's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.3604/1.79
=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.

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

For example, Polar Power'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)
=1.151/129.4194*129.4194
=1.151

Current CPI (Dec23) = 129.4194.

Polar Power Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.532 99.070 0.695
201512 0.700 99.792 0.908
201612 3.014 101.863 3.829
201712 1.422 104.011 1.769
201812 2.371 105.998 2.895
201912 2.449 108.420 2.923
202012 0.835 109.897 0.983
202112 1.328 117.630 1.461
202212 1.247 125.222 1.289
202312 1.151 129.419 1.151

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.


Polar Power  (NAS:POLA) 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.


Polar Power Cyclically Adjusted PS Ratio Related Terms

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


Polar Power (Polar Power) Business Description

Traded in Other Exchanges
Address
249 East Gardena Boulevard, Gardena, CA, USA, 90248
Polar Power Inc is engaged in designing, manufacture, and sell DC power generators, renewable energy and cooling systems for applications primarily in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine and industrial. The company's products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery systems, and Marine DC generators. The Companie's geographical presence is in United States, Canada, Mexico, South Pacific Islands, Japan, Europe and Middle East and Other Asia Pacific countries.
Executives
Keith Albrecht director 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Arthur D. Sams director, 10 percent owner, officer: President, CEO, Secretary 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Rajesh Masina officer: Chief Operating Officer 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Luis Zavala officer: Chief Financial Officer 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Peter Gross director 249 E. GARDENA BLVD., GARDENA CA 90248
Matthew Goldman director 249 E. GARDENA BOULEVARD, GARDENA CA 90248