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Digi International (Digi International) Cyclically Adjusted PS Ratio : 2.95 (As of Apr. 27, 2024)


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What is Digi International Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Digi International's current share price is $30.95. Digi International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $10.49. Digi International's Cyclically Adjusted PS Ratio for today is 2.95.

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

DGII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.57   Max: 4.3
Current: 2.92

During the past years, Digi International's highest Cyclically Adjusted PS Ratio was 4.30. The lowest was 0.93. And the median was 1.57.

DGII's Cyclically Adjusted PS Ratio is ranked worse than
79.88% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs DGII: 2.92

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.

Digi International's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.936. 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 $10.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digi International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Digi International'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.

Digi International Cyclically Adjusted PS Ratio Chart

Digi International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.64 1.84 2.34 3.51 2.58

Digi International 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 3.68 3.31 3.81 2.58 2.48

Competitive Comparison of Digi International's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Digi International'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.


Digi International's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Digi International 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.

Digi International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.95/10.49
=2.95

* 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.

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

For example, Digi International'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)
=2.936/129.4194*129.4194
=2.936

Current CPI (Dec. 2023) = 129.4194.

Digi International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.755 99.695 2.278
201406 1.895 100.560 2.439
201409 1.682 100.428 2.168
201412 1.930 99.070 2.521
201503 1.994 99.621 2.590
201506 2.025 100.684 2.603
201509 2.112 100.392 2.723
201512 1.920 99.792 2.490
201603 1.929 100.470 2.485
201606 1.982 101.688 2.523
201609 1.884 101.861 2.394
201612 1.675 101.863 2.128
201703 1.674 102.862 2.106
201706 1.697 103.349 2.125
201709 1.656 104.136 2.058
201712 1.681 104.011 2.092
201803 2.014 105.290 2.476
201806 2.243 106.317 2.730
201809 2.200 106.507 2.673
201812 2.220 105.998 2.711
201903 2.313 107.251 2.791
201906 2.139 108.070 2.562
201909 2.242 108.329 2.678
201912 2.104 108.420 2.512
202003 2.491 108.902 2.960
202006 2.410 108.767 2.868
202009 2.459 109.815 2.898
202012 2.490 109.897 2.932
202103 2.399 111.754 2.778
202106 2.250 114.631 2.540
202109 2.231 115.734 2.495
202112 2.356 117.630 2.592
202203 2.660 121.301 2.838
202206 2.896 125.017 2.998
202209 2.876 125.227 2.972
202212 2.966 125.222 3.065
202303 3.026 127.348 3.075
202306 3.048 128.729 3.064
202309 3.035 129.860 3.025
202312 2.936 129.419 2.936

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.


Digi International  (NAS:DGII) 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.


Digi International Cyclically Adjusted PS Ratio Related Terms

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


Digi International (Digi International) Business Description

Traded in Other Exchanges
Address
9350 Excelsior Boulevard, Suite 700, Hopkins, MN, USA, 55343
Digi International Inc is a Minnesota corporation. The company provides business and mission-critical and Internet of Things (IoT) connectivity products and services. It has two segments: IoT Products and Services and IoT Solutions. The IoT Products and Services segment consists of distinct communications products and communication product development services. IoT Solutions segment offers wireless temperature and other environmental condition monitoring services as well as employee task management services. The company generates majority of its revenue from the IoT Products & Services segment. Geographically, the company generates majority of its revenue from its business in the United States and also has its presence in Europe, Middle East and Africa and Rest of the world.
Executives
Terrence G. Schneider officer: VP, Supply Chain 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
David H. Sampsell officer: VP, Corp. Dev, GC & Corp. Sec. 9350 EXCELSIOR BLVD, HOPKINS MN 55343
James J. Loch officer: Chief Financial Officer 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Ronald Konezny director, officer: President and CEO C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Radha Chavali officer: VP, Technology Services 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Tracy L. Roberts officer: VP, Technology Services 9350 EXCELSIOR BLVD, HOPKINS MN 55343
Kevin C. Riley officer: President, Digi SmartSense 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Michael A. Ueland officer: President of Products 216 BRIDLE CREEK DRIVE, CARY NC 27513
Jon A. Nyland officer: VP, Manufacturing Operations 11001 BREN ROAD EAST, MINNETONKA MN 55343
Brian G. Ballenger officer: VP Fin, Acting PFO & PAO 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Hatem H. Naguib director 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343
Ahmed Nawaz director 1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Gokul V Hemmady officer: Senior VP/CFO/Treasurer P.O. BOX 1101, MS067, MINNEAPOLIS MN 55440-1101
Sally J Smith director 5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416
Christopher Heim director C/O DIGI INTERNATIONAL INC., 9350 EXCELSIOR BLVD, SUITE 700, HOPKINS MN 55343

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