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Atrion (Atrion) Cyclically Adjusted PS Ratio : 3.99 (As of Apr. 28, 2024)


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What is Atrion Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Atrion's current share price is $395.01. Atrion's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $99.05. Atrion's Cyclically Adjusted PS Ratio for today is 3.99.

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

ATRI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.01   Med: 7.21   Max: 12.3
Current: 3.99

During the past years, Atrion's highest Cyclically Adjusted PS Ratio was 12.30. The lowest was 3.01. And the median was 7.21.

ATRI's Cyclically Adjusted PS Ratio is ranked worse than
66.02% of 465 companies
in the Medical Devices & Instruments industry
Industry Median: 2.11 vs ATRI: 3.99

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.

Atrion's adjusted revenue per share data for the three months ended in Dec. 2023 was $24.750. 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 $99.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atrion Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Atrion'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.

Atrion Cyclically Adjusted PS Ratio Chart

Atrion 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 9.84 8.12 8.13 5.90 3.82

Atrion 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 5.90 6.50 5.77 4.17 3.82

Competitive Comparison of Atrion's Cyclically Adjusted PS Ratio

For the Medical Instruments & Supplies subindustry, Atrion'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.


Atrion's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Atrion's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Atrion 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=395.01/99.05
=3.99

* 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.

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

For example, Atrion'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)
=24.75/129.4194*129.4194
=24.750

Current CPI (Dec. 2023) = 129.4194.

Atrion Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 18.237 99.695 23.675
201406 17.716 100.560 22.800
201409 18.629 100.428 24.007
201412 16.680 99.070 21.790
201503 20.224 99.621 26.273
201506 20.115 100.684 25.856
201509 20.097 100.392 25.908
201512 17.479 99.792 22.668
201603 19.502 100.470 25.121
201606 19.505 101.688 24.824
201609 20.363 101.861 25.872
201612 17.900 101.863 22.742
201703 20.757 102.862 26.116
201706 19.464 103.349 24.374
201709 20.411 104.136 25.367
201712 18.292 104.011 22.760
201803 21.229 105.290 26.094
201806 20.919 106.317 25.465
201809 21.138 106.507 25.685
201812 18.767 105.998 22.914
201903 22.349 107.251 26.969
201906 21.514 108.070 25.764
201909 20.882 108.329 24.947
201912 18.500 108.420 22.083
202003 23.450 108.902 27.868
202006 20.646 108.767 24.566
202009 18.421 109.815 21.710
202012 17.600 109.897 20.727
202103 21.380 111.754 24.760
202106 23.355 114.631 26.368
202109 23.729 115.734 26.535
202112 22.311 117.630 24.547
202203 26.144 121.301 27.894
202206 27.187 125.017 28.144
202209 24.961 125.227 25.797
202212 24.185 125.222 24.996
202303 22.685 127.348 23.054
202306 24.894 128.729 25.028
202309 23.800 129.860 23.719
202312 24.750 129.419 24.750

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.


Atrion  (NAS:ATRI) 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.


Atrion Cyclically Adjusted PS Ratio Related Terms

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


Atrion (Atrion) Business Description

Traded in Other Exchanges
N/A
Address
One Allentown Parkway, Allen, TX, USA, 75002-4211
Atrion Corp develops and manufactures products for medical applications. Its fluid-delivery products contribute the largest proportion of revenue and include valves that can hold and release controlled amounts of fluids or gases and are often used in anesthesia and oncology applications. Atrion's cardiovascular products include the MPS2 Myocardial Protection System, which delivers fluids and medications, mixes drugs, and controls temperature and pressure during open-heart surgery. The cardiovascular business also sells cardiac-surgery vacuum relief valves, inflation devices, and other products used in heart surgery. The firm's ophthalmic products include medical devices that disinfect contact lenses. Atrion generates the majority of revenue in the United States.
Executives
Preston G Athey director ONE ALLENTOWN PKWY, ALLEN TX 75002
David A Battat officer: President & CEO 2700 HALKEY-ROBERTS PLACE NORTH, ST. PETERSBURG FL 33716-4103
Jeannette Bankes director ONE ALLENTOWN PARKWAY, ONE ALLENTOWN PARKWAY, ALLEN TX 75002
Morgan Hugh J Jr director
Ronald Nicholas Spaulding director ONE ALLENTOWN PARKWAY, ALLEN TX 75002
Cindy Ferguson officer: Officer/ CFO ONE ALLENTOWN PARKWAY, ALLEN TX 75002
Jeffery Strickland officer: Vice President & CFO
Emile A Battat director, officer: Chairman ONE ALLENTOWN PARKWAY, ALLEN TX 75002
Maria Sainz director C/O ORTHOFIX INTERNATIONAL N. V., 3451 PLANO PARKWAY, LEWISVILLE TX 75056
Stupp John P Jr director STUPP JOHN P JR, #18 ST. ANDREWS DR., ST LOUIS MO 63124
Roger F Stebbing director
Ronald N Spaulding director C/O GUIDANT CORP, 111 MONUMENT CIRCLE #2900, INDIANAPOLIS IN 46204-5129
Richard O Jacobson director ONE ALLENTOWN PARKWAY, C/O ATRION, ALLEN TX 75002
Maley John H P director 6 ROCK CREST LANE, SIGNAL MOUNTAIN TN 37377
Margaret Maxwell Zagel director C/O TELLABS OPERATIONS INC, 4951 INDIANA AVE, LISLE IL 60532

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