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Advanced Energy Industries (Advanced Energy Industries) Cyclically Adjusted PS Ratio : 3.32 (As of Apr. 28, 2024)


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What is Advanced Energy Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Advanced Energy Industries's current share price is $95.96. Advanced Energy Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $28.88. Advanced Energy Industries's Cyclically Adjusted PS Ratio for today is 3.32.

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

AEIS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.65   Med: 4.01   Max: 8.98
Current: 3.32

During the past years, Advanced Energy Industries's highest Cyclically Adjusted PS Ratio was 8.98. The lowest was 1.65. And the median was 4.01.

AEIS's Cyclically Adjusted PS Ratio is ranked worse than
77.93% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs AEIS: 3.32

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.

Advanced Energy Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.815. 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 $28.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Advanced Energy Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Advanced Energy Industries'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.

Advanced Energy Industries Cyclically Adjusted PS Ratio Chart

Advanced Energy Industries 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 5.20 5.94 4.57 3.48 3.77

Advanced Energy Industries 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 3.48 3.80 4.17 3.74 3.77

Competitive Comparison of Advanced Energy Industries's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Advanced Energy Industries'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.


Advanced Energy Industries's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Advanced Energy Industries 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.

Advanced Energy Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=95.96/28.88
=3.32

* 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.

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

For example, Advanced Energy Industries'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)
=10.815/129.4194*129.4194
=10.815

Current CPI (Dec. 2023) = 129.4194.

Advanced Energy Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.366 99.695 4.370
201406 3.555 100.560 4.575
201409 3.537 100.428 4.558
201412 -1.544 99.070 -2.017
201503 2.663 99.621 3.460
201506 2.634 100.684 3.386
201509 2.656 100.392 3.424
201512 2.089 99.792 2.709
201603 2.570 100.470 3.311
201606 2.971 101.688 3.781
201609 3.166 101.861 4.023
201612 3.377 101.863 4.291
201703 3.717 102.862 4.677
201706 4.121 103.349 5.161
201709 4.395 104.136 5.462
201712 4.471 104.011 5.563
201803 4.891 105.290 6.012
201806 4.950 106.317 6.026
201809 4.416 106.507 5.366
201812 3.991 105.998 4.873
201903 3.663 107.251 4.420
201906 3.505 108.070 4.197
201909 4.550 108.329 5.436
201912 8.761 108.420 10.458
202003 8.179 108.902 9.720
202006 8.838 108.767 10.516
202009 10.110 109.815 11.915
202012 9.617 109.897 11.325
202103 9.113 111.754 10.553
202106 9.364 114.631 10.572
202109 9.022 115.734 10.089
202112 10.482 117.630 11.533
202203 10.523 121.301 11.227
202206 11.693 125.017 12.105
202209 13.720 125.227 14.179
202212 13.014 125.222 13.450
202303 11.257 127.348 11.440
202306 10.991 128.729 11.050
202309 10.831 129.860 10.794
202312 10.815 129.419 10.815

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.


Advanced Energy Industries  (NAS:AEIS) 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.


Advanced Energy Industries Cyclically Adjusted PS Ratio Related Terms

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


Advanced Energy Industries (Advanced Energy Industries) Business Description

Traded in Other Exchanges
Address
1595 Wynkoop Street, Suite 800, Denver, CO, USA, 80202
Advanced Energy Industries Inc provides precision power-conversion measurement and control solutions that transform power into various forms for use in manufacturing and industrial equipment and applications. The firm serves original equipment manufacturers and end customers in the semiconductor, flat panel display, solar panel, and other industrial capital equipment markets. Products include thin-film power-conversion systems, which control and modify raw electrical power into a customizable, predictable power source, and power control modules, which control and measure temperature during manufacturing cycles. A majority of the firm's revenue is generated in the United States, with the rest primarily from Asia and Europe.
Executives
Anne Delsanto director 1133 INNOVATION WAY, SUNNYVALE CA 94089
Ronald C Foster director 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Paul R Oldham officer: EVP, CFO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Lanesha Minnix director TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
John Donaghey officer: EVP, Global Sales 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Brian Shirley director 8000 S FEDERAL WAY, MS 1-557, BOISE ID 83716
Elizabeth Karpinski Vonne officer: EVP, General Counsel 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Eduardo Bernal Acebedo officer: EVP and COO 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Reed David director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Stephen Douglas Kelley officer: President and CEO 1900 S. PRICE ROAD, CHANDLER AZ 85286
Yuval Wasserman officer: EVP, Sales, Service & Mktg 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Dana Edward Huth officer: CHIEF REVENUE OFFICER 1595 WYNKOOP STREET, SUITE 800, DENVER CO 80202
Thomas O Mcgimpsey officer: EVP Gen Counsel & Corp Sec 380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Neil David Brinker officer: EVP, COO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525