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Priortech (XTAE:PRTC) Cyclically Adjusted PS Ratio : 10.79 (As of Dec. 13, 2024)


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What is Priortech Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Priortech's current share price is ₪163.80. Priortech's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₪15.18. Priortech's Cyclically Adjusted PS Ratio for today is 10.79.

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

XTAE:PRTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.56   Med: 10.64   Max: 13.91
Current: 10.54

During the past years, Priortech's highest Cyclically Adjusted PS Ratio was 13.91. The lowest was 8.56. And the median was 10.64.

XTAE:PRTC's Cyclically Adjusted PS Ratio is ranked worse than
94.86% of 1616 companies
in the Hardware industry
Industry Median: 1.31 vs XTAE:PRTC: 10.54

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.

Priortech's adjusted revenue per share data for the three months ended in Sep. 2024 was ₪0.059. 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 ₪15.18 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Priortech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Priortech'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.

Priortech Cyclically Adjusted PS Ratio Chart

Priortech Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
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Priortech 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 - - - 13.29 10.34

Competitive Comparison of Priortech's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Priortech'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.


Priortech's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Priortech 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.

Priortech's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=163.80/15.18
=10.79

* 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.

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

For example, Priortech'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)
=0.059/133.0289*133.0289
=0.059

Current CPI (Sep. 2024) = 133.0289.

Priortech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 15.281 100.428 20.242
201503 14.137 99.621 18.878
201506 14.802 100.684 19.557
201509 14.632 100.392 19.389
201512 5.455 99.792 7.272
201603 19.691 100.470 26.072
201606 19.996 101.688 26.159
201609 13.967 101.861 18.241
201612 -13.605 101.863 -17.768
201703 14.209 102.862 18.376
201706 7.783 103.349 10.018
201709 7.837 104.136 10.011
201712 -22.870 104.011 -29.250
201803 0.000 105.290 0.000
201806 0.095 106.317 0.119
201809 0.052 106.507 0.065
201812 0.046 105.998 0.058
201903 0.046 107.251 0.057
201906 0.045 108.070 0.055
201909 0.042 108.329 0.052
201912 0.049 108.420 0.060
202003 0.046 108.902 0.056
202006 0.042 108.767 0.051
202009 0.047 109.815 0.057
202012 0.045 109.897 0.054
202103 0.047 111.754 0.056
202106 0.051 114.631 0.059
202109 0.049 115.734 0.056
202112 0.057 117.630 0.064
202203 0.051 121.301 0.056
202206 0.048 125.017 0.051
202209 0.049 125.227 0.052
202212 0.048 125.222 0.051
202303 0.047 127.348 0.049
202306 0.047 128.729 0.049
202309 0.046 129.860 0.047
202312 0.058 129.419 0.060
202403 0.057 131.776 0.058
202406 0.058 132.554 0.058
202409 0.059 133.029 0.059

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.


Priortech  (XTAE:PRTC) 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.


Priortech Cyclically Adjusted PS Ratio Related Terms

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


Priortech Business Description

Industry
Traded in Other Exchanges
N/A
Address
POB 631, Industrial Zone, Migdal Haemek, ISR, 23105
Priortech Ltd provides contract manufacturing services. It also operates through its subsidiaries. Its activities include supply of printed circuit boards and assembled electronic components & supply of automated optical inspection solutions and wafers. It operates in electronics industry and provides capital equipment, technologies, and manufacturing services.