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Evertz Technologies (Evertz Technologies) Cyclically Adjusted PS Ratio : 2.06 (As of Apr. 27, 2024)


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What is Evertz Technologies Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Evertz Technologies's current share price is $9.95. Evertz Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $4.84. Evertz Technologies's Cyclically Adjusted PS Ratio for today is 2.06.

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

EVTZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.21   Max: 4.26
Current: 2.11

During the past years, Evertz Technologies's highest Cyclically Adjusted PS Ratio was 4.26. The lowest was 1.75. And the median was 3.21.

EVTZF's Cyclically Adjusted PS Ratio is ranked worse than
72.15% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs EVTZF: 2.11

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.

Evertz Technologies's adjusted revenue per share data for the three months ended in Jan. 2024 was $1.310. 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 $4.84 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evertz Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Evertz Technologies'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.

Evertz Technologies Cyclically Adjusted PS Ratio Chart

Evertz Technologies Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 2.91 2.90 2.44 1.95

Evertz Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.10 1.95 2.19 2.01 2.28

Competitive Comparison of Evertz Technologies's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, Evertz Technologies'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.


Evertz Technologies's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Evertz Technologies 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.

Evertz Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.95/4.84
=2.06

* 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.

Evertz Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Evertz Technologies's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=1.31/125.4675*125.4675
=1.310

Current CPI (Jan. 2024) = 125.4675.

Evertz Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 1.062 98.920 1.347
201407 1.218 99.315 1.539
201410 0.988 99.473 1.246
201501 0.997 98.209 1.274
201504 0.992 99.710 1.248
201507 0.879 100.579 1.097
201510 1.029 100.500 1.285
201601 0.940 100.184 1.177
201604 1.006 101.370 1.245
201607 0.891 101.844 1.098
201610 1.000 102.002 1.230
201701 0.913 102.318 1.120
201704 1.048 103.029 1.276
201707 1.130 103.029 1.376
201710 1.053 103.424 1.277
201801 1.047 104.056 1.262
201804 0.954 105.320 1.136
201807 1.026 106.110 1.213
201810 1.128 105.952 1.336
201901 1.188 105.557 1.412
201904 1.047 107.453 1.223
201907 1.029 108.243 1.193
201910 1.183 107.927 1.375
202001 1.206 108.085 1.400
202004 0.858 107.216 1.004
202007 0.546 108.401 0.632
202010 0.994 108.638 1.148
202101 0.954 109.192 1.096
202104 0.978 110.851 1.107
202107 1.010 112.431 1.127
202110 1.126 113.695 1.243
202201 1.251 114.801 1.367
202204 1.199 118.357 1.271
202207 1.027 120.964 1.065
202210 1.084 121.517 1.119
202301 1.084 121.596 1.119
202304 1.255 123.571 1.274
202307 1.242 124.914 1.247
202310 1.244 125.310 1.246
202401 1.310 125.468 1.310

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.


Evertz Technologies  (OTCPK:EVTZF) 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.


Evertz Technologies Cyclically Adjusted PS Ratio Related Terms

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


Evertz Technologies (Evertz Technologies) Business Description

Traded in Other Exchanges
Address
5292 John Lucas Drive, Burlington, ON, CAN, L7L 5Z9
Evertz Technologies Ltd is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries. Evertz equipment is used in the production, post-production and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers looking to support multi-channel digital and high definition television, and next generation Internet Protocol environments. More than half of the firm's revenue is generated in the United States.

Evertz Technologies (Evertz Technologies) Headlines

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