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Identiv (FRA:INVN) Cyclically Adjusted PS Ratio : 0.70 (As of Jun. 01, 2024)


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What is Identiv Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Identiv's current share price is €3.96. Identiv's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €5.64. Identiv's Cyclically Adjusted PS Ratio for today is 0.70.

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

FRA:INVN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.48   Max: 3.64
Current: 0.68

During the past years, Identiv's highest Cyclically Adjusted PS Ratio was 3.64. The lowest was 0.10. And the median was 0.48.

FRA:INVN's Cyclically Adjusted PS Ratio is ranked better than
64.46% of 1919 companies
in the Hardware industry
Industry Median: 1.07 vs FRA:INVN: 0.68

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.

Identiv's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.886. 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 €5.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Identiv Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Identiv'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.

Identiv Cyclically Adjusted PS Ratio Chart

Identiv 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 0.55 1.00 3.64 1.01 1.28

Identiv Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.87 1.22 1.26 1.28 1.25

Competitive Comparison of Identiv's Cyclically Adjusted PS Ratio

For the Computer Hardware subindustry, Identiv'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.


Identiv's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Identiv 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.96/5.64
=0.70

* 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.

Identiv's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.886/131.7762*131.7762
=0.886

Current CPI (Mar. 2024) = 131.7762.

Identiv Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.076 100.560 2.720
201409 2.092 100.428 2.745
201412 1.472 99.070 1.958
201503 1.290 99.621 1.706
201506 1.273 100.684 1.666
201509 1.406 100.392 1.846
201512 1.117 99.792 1.475
201603 1.043 100.470 1.368
201606 1.112 101.688 1.441
201609 1.258 101.861 1.627
201612 1.251 101.863 1.618
201703 1.125 102.862 1.441
201706 1.044 103.349 1.331
201709 0.899 104.136 1.138
201712 0.953 104.011 1.207
201803 0.887 105.290 1.110
201806 1.115 106.317 1.382
201809 1.089 106.507 1.347
201812 1.158 105.998 1.440
201903 1.026 107.251 1.261
201906 1.106 108.070 1.349
201909 1.177 108.329 1.432
201912 0.996 108.420 1.211
202003 0.896 108.902 1.084
202006 0.946 108.767 1.146
202009 1.132 109.815 1.358
202012 1.115 109.897 1.337
202103 1.009 111.754 1.190
202106 0.693 114.631 0.797
202109 0.843 115.734 0.960
202112 1.075 117.630 1.204
202203 1.008 121.301 1.095
202206 1.164 125.017 1.227
202209 1.343 125.227 1.413
202212 1.204 125.222 1.267
202303 1.065 127.348 1.102
202306 1.183 128.729 1.211
202309 1.288 129.860 1.307
202312 1.143 129.419 1.164
202403 0.886 131.776 0.886

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.


Identiv  (FRA:INVN) 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.


Identiv Cyclically Adjusted PS Ratio Related Terms

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


Identiv (FRA:INVN) Business Description

Industry
Traded in Other Exchanges
Address
2201 Walnut Avenue, Suite 100, Fremont, CA, USA, 94538
Identiv Inc is a security technology company. It secures and manages access to physical places, things, and information. The company has two reportable segments namely the Premises segment which includes solutions to address the premises security market for government and enterprise, including access control, video surveillance, analytics, customer experience, and other applications. Its Identity segment includes products and solutions enabling secure access to information serving the logical access and cyber security market and protecting assets and objects in the IoT with RFID. Geographically, it generates maximum revenue from the Americas and also has a presence in Europe and the Middle East and Asia-Pacific. The company derives the majority of revenue from the Identity segment.

Identiv (FRA:INVN) Headlines

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