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Strix Group (LSE:KETL) Cyclically Adjusted PS Ratio : 1.37 (As of Jun. 09, 2024)


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What is Strix Group Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Strix Group's current share price is £0.783. Strix Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £0.57. Strix Group's Cyclically Adjusted PS Ratio for today is 1.37.

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

LSE:KETL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.55   Max: 2.05
Current: 1.37

During the past 11 years, Strix Group's highest Cyclically Adjusted PS Ratio was 2.05. The lowest was 0.96. And the median was 1.55.

LSE:KETL's Cyclically Adjusted PS Ratio is ranked worse than
57.48% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs LSE:KETL: 1.37

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.

Strix Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £0.651. 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 £0.57 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Strix Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Strix Group'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.

Strix Group Cyclically Adjusted PS Ratio Chart

Strix Group 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 - - - 1.50 1.30

Strix Group Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - 1.50 - 1.30

Competitive Comparison of Strix Group's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Strix Group'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.


Strix Group's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Strix Group 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.

Strix Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.783/0.57
=1.37

* 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.

Strix Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Strix Group's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.651/129.4194*129.4194
=0.651

Current CPI (Dec23) = 129.4194.

Strix Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.411 99.070 0.537
201512 0.421 99.792 0.546
201612 0.467 101.863 0.593
201712 0.471 104.011 0.586
201812 0.470 105.998 0.574
201912 0.478 108.420 0.571
202012 0.462 109.897 0.544
202112 0.570 117.630 0.627
202212 0.503 125.222 0.520
202312 0.651 129.419 0.651

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.


Strix Group  (LSE:KETL) 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.


Strix Group Cyclically Adjusted PS Ratio Related Terms

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


Strix Group (LSE:KETL) Business Description

Industry
Traded in Other Exchanges
Address
Forrest House, Ronaldsway, IMN, IM9 2RG
Strix Group PLC manufactures and markets kettle controls for appliances worldwide. The Group is engaged in the business of design, manufacture, and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration. Its revenue is generated by the sale of thermostatic controls, cordless interfaces, and other products such as water jugs and filters. It generates maximum revenue from the Kettle controls segment.

Strix Group (LSE:KETL) Headlines

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