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Astrotech (Astrotech) Cyclically Adjusted PS Ratio : 1.34 (As of Apr. 29, 2024)


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What is Astrotech Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Astrotech's current share price is $9.182. Astrotech's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $6.87. Astrotech's Cyclically Adjusted PS Ratio for today is 1.34.

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

ASTC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.47   Max: 2.02
Current: 1.36

During the past years, Astrotech's highest Cyclically Adjusted PS Ratio was 2.02. The lowest was 0.03. And the median was 0.47.

ASTC's Cyclically Adjusted PS Ratio is ranked better than
53.77% of 212 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs ASTC: 1.36

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.

Astrotech's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.684. 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 $6.87 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Astrotech Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Astrotech'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.

Astrotech Cyclically Adjusted PS Ratio Chart

Astrotech Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 1.06 0.65 0.37 2.02

Astrotech 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 0.44 0.60 2.02 1.46 1.24

Competitive Comparison of Astrotech's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Astrotech'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.


Astrotech's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Astrotech's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Astrotech 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.182/6.87
=1.34

* 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.

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

For example, Astrotech'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)
=0.684/129.4194*129.4194
=0.684

Current CPI (Dec. 2023) = 129.4194.

Astrotech Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.369 99.695 0.479
201406 0.000 100.560 0.000
201409 2.462 100.428 3.173
201412 0.031 99.070 0.040
201503 0.092 99.621 0.120
201506 1.283 100.684 1.649
201509 0.000 100.392 0.000
201512 6.717 99.792 8.711
201603 1.420 100.470 1.829
201606 11.908 101.688 15.155
201609 7.290 101.861 9.262
201612 3.796 101.863 4.823
201703 3.067 102.862 3.859
201706 2.854 103.349 3.574
201709 0.000 104.136 0.000
201712 0.304 104.011 0.378
201803 0.000 105.290 0.000
201806 0.331 106.317 0.403
201809 0.243 106.507 0.295
201812 0.045 105.998 0.055
201903 0.000 107.251 0.000
201906 0.470 108.070 0.563
201909 0.005 108.329 0.006
201912 1.035 108.420 1.235
202003 0.578 108.902 0.687
202006 0.648 108.767 0.771
202009 0.545 109.815 0.642
202012 0.246 109.897 0.290
202103 0.089 111.754 0.103
202106 0.006 114.631 0.007
202109 0.118 115.734 0.132
202112 0.354 117.630 0.389
202203 0.061 121.301 0.065
202206 0.015 125.017 0.016
202209 0.024 125.227 0.025
202212 0.163 125.222 0.168
202303 0.022 127.348 0.022
202306 0.253 128.729 0.254
202309 0.261 129.860 0.260
202312 0.684 129.419 0.684

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.


Astrotech  (NAS:ASTC) 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.


Astrotech Cyclically Adjusted PS Ratio Related Terms

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


Astrotech (Astrotech) Business Description

Traded in Other Exchanges
Address
2105 Donley Drive, Suite 100, Austin, TX, USA, 78758
Astrotech Corp is a science and technology development company. The firm invents, acquires, and commercializes technological innovations sourced from internal research, universities, laboratories, and research institutions. The 1st Detect develops, manufactures, and sells chemical analyzers for use in the airport security, military, breath analysis markets. AgLAB develops a series of mass spectrometers for use in the agriculture market.
Executives
Robert N Mcfarland director C/O EZENIA, INC., 14 CELINA AVE, SUITE 17-18, NASHUA NH 03063
Russler Daniel T Jr director 2105 DONLEY DRIVE, SUITE 100, AUSTIN TX 78758
James Frank Becker director 283 HEMLOCK LANE, WEST CHICAGO IL 60185
Jaime Hinojosa officer: CFO 2028 E BEN WHITE BLVD STE 240-9530, AUSTIN TX 78741
Braden Michael Leonard 10 percent owner 156 S. FIRST STREET, ZIONSVILLE IN 46077
Thomas Wiley Wilkinson director 3 COLERIDGE LANE, AUSTIN TX 78746
Winn Interests, Ltd. 10 percent owner 800 N. SHORELINE, 1900 N. TOWER, CORPUS CHRISTI TX 78401
Mark Adams director 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
William F Readdy director 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Ronald W Cantwell director 250 PARK AVE, SUITE 2020, NEW YORK NY 10017
Michael R. Humphrey director 401 CONGRESS AVE., SUITE 1650, AUSTIN TX 78701
Eric Stober officer: Chief Financial Officer 201 W. 5TH STREET, SUITE 1275, AUSTIN TX 78701
Pickens Thomas Boone Iii director, 10 percent owner, officer: Chief Executive Officer 12130 HIGHWAY 3, BLDG. 1, WEBSTER TX 77598
Sha-chelle Manning director 907 GEMINI STREET, HOUSTON TX 77058
Rajesh K Mellacheruvu officer: Chief Operating Officer 401 CONGRESS AVE, SUITE 1650, AUSTIN TX 78701