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Innovative Solutions and Support (Innovative Solutions and Support) Cyclically Adjusted PS Ratio : 3.82 (As of Apr. 28, 2024)


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What is Innovative Solutions and Support Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Innovative Solutions and Support's current share price is $6.46. Innovative Solutions and Support's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $1.69. Innovative Solutions and Support's Cyclically Adjusted PS Ratio for today is 3.82.

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

ISSC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.18   Med: 3.15   Max: 5.56
Current: 3.82

During the past years, Innovative Solutions and Support's highest Cyclically Adjusted PS Ratio was 5.56. The lowest was 1.18. And the median was 3.15.

ISSC's Cyclically Adjusted PS Ratio is ranked worse than
77.73% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs ISSC: 3.82

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.

Innovative Solutions and Support's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.533. 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 $1.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innovative Solutions and Support Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Innovative Solutions and Support'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.

Innovative Solutions and Support Cyclically Adjusted PS Ratio Chart

Innovative Solutions and Support 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 2.93 4.35 4.37 5.04 4.39

Innovative Solutions and Support 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 4.84 4.30 4.21 4.39 5.04

Competitive Comparison of Innovative Solutions and Support's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Innovative Solutions and Support'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.


Innovative Solutions and Support's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Innovative Solutions and Support's Cyclically Adjusted PS Ratio falls into.



Innovative Solutions and Support 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.

Innovative Solutions and Support's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.46/1.69
=3.82

* 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.

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

For example, Innovative Solutions and Support'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)
=0.533/129.4194*129.4194
=0.533

Current CPI (Dec. 2023) = 129.4194.

Innovative Solutions and Support Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.728 99.695 0.945
201406 0.616 100.560 0.793
201409 0.578 100.428 0.745
201412 0.395 99.070 0.516
201503 0.312 99.621 0.405
201506 0.291 100.684 0.374
201509 0.186 100.392 0.240
201512 0.389 99.792 0.504
201603 0.509 100.470 0.656
201606 0.381 101.688 0.485
201609 0.364 101.861 0.462
201612 0.201 101.863 0.255
201703 0.276 102.862 0.347
201706 0.269 103.349 0.337
201709 0.250 104.136 0.311
201712 0.184 104.011 0.229
201803 0.222 105.290 0.273
201806 0.202 106.317 0.246
201809 0.217 106.507 0.264
201812 0.236 105.998 0.288
201903 0.249 107.251 0.300
201906 0.270 108.070 0.323
201909 0.281 108.329 0.336
201912 0.264 108.420 0.315
202003 0.282 108.902 0.335
202006 0.348 108.767 0.414
202009 0.367 109.815 0.433
202012 0.283 109.897 0.333
202103 0.297 111.754 0.344
202106 0.359 114.631 0.405
202109 0.399 115.734 0.446
202112 0.388 117.630 0.427
202203 0.397 121.301 0.424
202206 0.402 125.017 0.416
202209 0.421 125.227 0.435
202212 0.376 125.222 0.389
202303 0.423 127.348 0.430
202306 0.453 128.729 0.455
202309 0.746 129.860 0.743
202312 0.533 129.419 0.533

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.


Innovative Solutions and Support  (NAS:ISSC) 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.


Innovative Solutions and Support Cyclically Adjusted PS Ratio Related Terms

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


Innovative Solutions and Support (Innovative Solutions and Support) Business Description

Traded in Other Exchanges
N/A
Address
720 Pennsylvania Drive, Exton, PA, USA, 19341
Innovative Solutions and Support Inc is a systems integrator that designs, manufactures, sells, and services air data equipment, engine display systems, standby equipment, primary flight guidance, and cockpit display systems for retrofit applications and original equipment manufacturers. The company supplies integrated Flight Management Systems, Flat Panel Display Systems, Integrated Standby Units, Advanced Global Positioning System receivers that enable reduced carbon footprint navigation, and an Autothrottle, which allows a pilot to automatically control the power setting of the engine and is designed to reduce pilot workload and enhance safety. It sells its products to both the OEM and the retrofit markets.
Executives
Glen R Bressner director 720 PENNSYLAVANIA DR, EXTON PA 19341
Estate Of Geoffrey S. M. Hedrick 10 percent owner C/O INNOVATIVE SOLUTIONS AND SUPPORT INC, 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Winston J Churchill director C/O SCP PARTNERS, SUITE 300, 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Christopher Harborne 10 percent owner 23F M THAI TOWER, ALL SEASONS PLACE, 87 WIRELESS ROAD, BANGKOK W1 10300
Michael Linacre officer: Chief Financial Officer 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Parizad Olver director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Mittelstaedt Robert E Jr director
Stephen L Belland director 5717 COMPASS COURT, CAPE CORAL FL 33914
Roger Anthony Carolin director 1200 LIBERTY RIDGE DRIVE, WAYNE PA 19087
Relland Winand officer: Chief Financial Officer C/O INNOVATIVE SOLUTIONS & SUPPORT INC., 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Shahram Askarpour officer: President C/O INNOVATIVE SOLUTIONS & SUPPORT, INC., 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Ronald Albrecht officer: Chief Financial Officer C/O INNOVATIVE SOLUTIONS AND SUPPORT INC, 720 PENNSYLVANIA DRIVE, EXTON PA 19341
Robert Mionis director
John C Long officer: Chief Financial Officer 2400 BERNVILLE ROAD, READING PA 19612
Raymond J Wilson director 720 PENNSYLVANIA DRIVE, EXTON PA 19341