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RELLB (Richardson Electronics) Cyclically Adjusted PS Ratio : (As of Sep. 21, 2024)


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What is Richardson Electronics Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Richardson Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Richardson Electronics'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.

Richardson Electronics Cyclically Adjusted PS Ratio Chart

Richardson Electronics Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.70 1.02 1.12 0.73

Richardson Electronics Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 1.12 0.84 0.87 0.58 0.73

Competitive Comparison of Richardson Electronics's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Richardson Electronics'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.


Richardson Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Richardson Electronics 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.

Richardson Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in May. 2024 is calculated as:

For example, Richardson Electronics's adjusted Revenue per Share data for the three months ended in May. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of May. 2024 (Change)*Current CPI (May. 2024)
=3.62/132.5091*132.5091
=3.620

Current CPI (May. 2024) = 132.5091.

Richardson Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201408 2.478 100.352 3.272
201411 2.433 99.635 3.236
201502 2.435 99.032 3.258
201505 2.556 100.333 3.376
201508 2.720 100.548 3.585
201511 2.646 100.135 3.501
201602 2.437 100.040 3.228
201605 3.080 101.355 4.027
201608 2.598 101.617 3.388
201611 2.634 101.829 3.428
201702 2.515 102.779 3.243
201705 2.908 103.256 3.732
201708 2.879 103.587 3.683
201711 3.024 104.072 3.850
201802 3.221 105.052 4.063
201805 3.453 106.148 4.311
201808 3.367 106.383 4.194
201811 3.166 106.338 3.945
201902 2.990 106.649 3.715
201905 3.229 108.048 3.960
201908 3.106 108.245 3.802
201911 3.029 108.519 3.699
202002 2.923 109.139 3.549
202005 2.855 108.175 3.497
202008 2.966 109.662 3.584
202011 3.241 109.793 3.912
202102 3.456 110.968 4.127
202105 3.857 113.576 4.500
202108 4.104 115.421 4.712
202111 4.125 117.269 4.661
202202 4.226 119.703 4.678
202205 4.709 123.323 5.060
202208 5.162 124.958 5.474
202211 5.036 125.607 5.313
202302 5.377 126.928 5.613
202305 4.495 128.314 4.642
202308 4.018 129.538 4.110
202311 3.372 129.548 3.449
202402 4.002 130.930 4.050
202405 3.620 132.509 3.620

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.


Richardson Electronics  (GREY:RELLB) 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.


Richardson Electronics Cyclically Adjusted PS Ratio Related Terms

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Richardson Electronics Business Description

Traded in Other Exchanges
Address
40W267 Keslinger Road, P.O. Box 393, LaFox, IL, USA, 60147-0393
Richardson Electronics Ltd provides engineered solutions, power grid, and microwave tubes and related consumables, power conversion, RF and microwave components, high-value flat panel detector solutions, replacement parts, tubes, and service training for diagnostic imaging equipment and customized display solutions. Its products have applications in alternative energy, healthcare, aviation, broadcast, communications, industrial, marine, medical, military, scientific, and semiconductor markets. The company segments include PMT (Power and Microwave Technologies Group), Canvys, (Green Energy Solutions) GES, and Healthcare reportable segments. The company derives the majority of its revenues from the PMT segment.