GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Surface Transforms PLC (LSE:SCE) » Definitions » Cyclically Adjusted PS Ratio

Surface Transforms (LSE:SCE) Cyclically Adjusted PS Ratio : 0.64 (As of May. 26, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Surface Transforms Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Surface Transforms's current share price is £0.01275. Surface Transforms's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was £0.02. Surface Transforms's Cyclically Adjusted PS Ratio for today is 0.64.

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

LSE:SCE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 6.2   Max: 35.63
Current: 0.62

During the past 13 years, Surface Transforms's highest Cyclically Adjusted PS Ratio was 35.63. The lowest was 0.56. And the median was 6.20.

LSE:SCE's Cyclically Adjusted PS Ratio is ranked better than
53.7% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs LSE:SCE: 0.62

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.

Surface Transforms's adjusted revenue per share data of for the fiscal year that ended in Dec22 was £0.023. 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 £0.02 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Surface Transforms Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Surface Transforms'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.

Surface Transforms Cyclically Adjusted PS Ratio Chart

Surface Transforms Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.41 4.80 21.63 24.49 17.92

Surface Transforms Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 24.49 - 17.92 -

Competitive Comparison of Surface Transforms's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Surface Transforms'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.


Surface Transforms's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Surface Transforms's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Surface Transforms 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.

Surface Transforms's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.01275/0.02
=0.64

* 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.

Surface Transforms's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Surface Transforms's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.023/125.3000*125.3000
=0.023

Current CPI (Dec22) = 125.3000.

Surface Transforms Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201305 0.029 98.200 0.037
201405 0.029 99.600 0.036
201505 0.021 100.100 0.026
201605 0.021 100.800 0.026
201705 0.007 103.500 0.008
201805 0.011 105.900 0.013
201905 0.007 107.900 0.008
202012 0.012 109.400 0.014
202112 0.012 114.700 0.013
202212 0.023 125.300 0.023

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.


Surface Transforms  (LSE:SCE) 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.


Surface Transforms Cyclically Adjusted PS Ratio Related Terms

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


Surface Transforms (LSE:SCE) Business Description

Traded in Other Exchanges
Address
Acornfield Road, Knowsley Industrial Estate, Image Business Park, Liverpool, GBR, L33 7UF
Surface Transforms PLC is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials. It has operations spread across the United Kingdom, Germany, Sweden the United States of America, the Rest of Europe, and the Rest of the World.

Surface Transforms (LSE:SCE) Headlines

No Headlines