GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tadiran Group Ltd (XTAE:TDRN) » Definitions » Cyclically Adjusted PS Ratio

Tadiran Group (XTAE:TDRN) Cyclically Adjusted PS Ratio : 1.33 (As of Jun. 15, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Tadiran Group Cyclically Adjusted PS Ratio?

As of today (2024-06-15), Tadiran Group's current share price is ₪202.00. Tadiran Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₪152.28. Tadiran Group's Cyclically Adjusted PS Ratio for today is 1.33.

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

XTAE:TDRN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.35   Med: 2.79   Max: 4.83
Current: 1.39

During the past years, Tadiran Group's highest Cyclically Adjusted PS Ratio was 4.83. The lowest was 1.35. And the median was 2.79.

XTAE:TDRN's Cyclically Adjusted PS Ratio is ranked worse than
58.42% of 1924 companies
in the Hardware industry
Industry Median: 1.08 vs XTAE:TDRN: 1.39

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.

Tadiran Group's adjusted revenue per share data for the three months ended in Dec. 2023 was ₪53.568. 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 ₪152.28 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tadiran Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tadiran Group'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.

Tadiran Group Cyclically Adjusted PS Ratio Chart

Tadiran Group 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 - - 3.86 2.62 1.74

Tadiran Group 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 2.62 2.34 1.98 1.84 1.74

Competitive Comparison of Tadiran Group's Cyclically Adjusted PS Ratio

For the Consumer Electronics subindustry, Tadiran Group'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.


Tadiran Group's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Tadiran Group 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.

Tadiran Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=202.00/152.28
=1.33

* 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.

Tadiran Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Tadiran Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=53.568/129.4194*129.4194
=53.568

Current CPI (Dec. 2023) = 129.4194.

Tadiran Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 15.516 99.695 20.142
201406 20.912 100.560 26.914
201409 24.510 100.428 31.586
201412 15.774 99.070 20.606
201503 16.476 99.621 21.404
201506 23.139 100.684 29.743
201509 30.425 100.392 39.222
201512 20.322 99.792 26.355
201603 17.997 100.470 23.183
201606 28.286 101.688 36.000
201609 29.829 101.861 37.899
201612 16.638 101.863 21.139
201703 18.932 102.862 23.820
201706 24.305 103.349 30.436
201709 34.261 104.136 42.579
201712 17.825 104.011 22.179
201803 17.417 105.290 21.409
201806 27.551 106.317 33.538
201809 27.163 106.507 33.007
201812 20.751 105.998 25.336
201903 20.260 107.251 24.448
201906 29.140 108.070 34.897
201909 31.479 108.329 37.607
201912 18.948 108.420 22.618
202003 21.474 108.902 25.520
202006 33.092 108.767 39.375
202009 37.664 109.815 44.388
202012 23.216 109.897 27.340
202103 33.805 111.754 39.149
202106 45.098 114.631 50.916
202109 46.233 115.734 51.700
202112 43.244 117.630 47.578
202203 58.874 121.301 62.814
202206 79.361 125.017 82.156
202209 70.074 125.227 72.420
202212 57.420 125.222 59.345
202303 50.687 127.348 51.512
202306 54.187 128.729 54.478
202309 74.768 129.860 74.515
202312 53.568 129.419 53.568

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.


Tadiran Group  (XTAE:TDRN) 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.


Tadiran Group Cyclically Adjusted PS Ratio Related Terms

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


Tadiran Group (XTAE:TDRN) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Rabnitzky 9, Petah Tikva, ISR, 4900615
Tadiran Group Ltd, formerly Tadiran Holdings Ltd focuses on the imports, manufactures, and distribution of air conditioning systems for the residential, commercial and industrial markets under the Tadiran, Amcor, and Toshiba brands. The company also imports, distributes, and markets various home appliances under its brand names Amcor and Crystal. It provides warranty and maintenance services for these products.

Tadiran Group (XTAE:TDRN) Headlines

No Headlines