GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tronics Microsystems (XPAR:ALTRO) » Definitions » Cyclically Adjusted PS Ratio

Tronics Microsystems (XPAR:ALTRO) Cyclically Adjusted PS Ratio : 1.32 (As of May. 22, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Tronics Microsystems Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Tronics Microsystems's current share price is €3.96. Tronics Microsystems's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was €3.00. Tronics Microsystems's Cyclically Adjusted PS Ratio for today is 1.32.

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

XPAR:ALTRO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.49   Max: 1.99
Current: 1.22

During the past 11 years, Tronics Microsystems's highest Cyclically Adjusted PS Ratio was 1.99. The lowest was 1.07. And the median was 1.49.

XPAR:ALTRO's Cyclically Adjusted PS Ratio is ranked better than
72.33% of 683 companies
in the Semiconductors industry
Industry Median: 2.31 vs XPAR:ALTRO: 1.22

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.

Tronics Microsystems's adjusted revenue per share data of for the fiscal year that ended in Mar23 was €1.421. 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 €3.00 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tronics Microsystems Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tronics Microsystems'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.

Tronics Microsystems Cyclically Adjusted PS Ratio Chart

Tronics Microsystems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.78 1.62

Tronics Microsystems Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.78 - 1.62 -

Competitive Comparison of Tronics Microsystems's Cyclically Adjusted PS Ratio

For the Semiconductor Equipment & Materials subindustry, Tronics Microsystems'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.


Tronics Microsystems's Cyclically Adjusted PS Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tronics Microsystems's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Tronics Microsystems 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.

Tronics Microsystems's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.96/3
=1.32

* 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.

Tronics Microsystems's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Tronics Microsystems's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=1.421/116.7900*116.7900
=1.421

Current CPI (Mar23) = 116.7900.

Tronics Microsystems Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201212 5.296 99.100 6.241
201312 3.952 99.800 4.625
201412 4.508 99.860 5.272
201512 2.268 100.040 2.648
201612 1.798 100.650 2.086
201903 1.776 103.890 1.997
202003 1.674 104.590 1.869
202103 2.357 105.750 2.603
202203 1.216 110.490 1.285
202303 1.421 116.790 1.421

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.


Tronics Microsystems  (XPAR:ALTRO) 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.


Tronics Microsystems Cyclically Adjusted PS Ratio Related Terms

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


Tronics Microsystems (XPAR:ALTRO) Business Description

Traded in Other Exchanges
N/A
Address
98 rue du Pré de l’Horme, Crolles, Cedex, FRA, 38926
Tronics Microsystems is a MEMS manufacturer. The company manufactures accelerometers, gyroscopes, micropumps, pressure sensors, switches, biodetectors, and other MEMS, as well as providing MEMS foundry and wafer fab manufacturing solutions. The products of the company are used in the aviation sector, medical sector, and oil & gas sector.

Tronics Microsystems (XPAR:ALTRO) Headlines

No Headlines