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Micropac Industries (Micropac Industries) Cyclically Adjusted PS Ratio : 1.32 (As of Jun. 09, 2024)


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What is Micropac Industries Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Micropac Industries's current share price is $14.00. Micropac Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $10.60. Micropac Industries's Cyclically Adjusted PS Ratio for today is 1.32.

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

MPAD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.13   Max: 1.92
Current: 1.32

During the past years, Micropac Industries's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.70. And the median was 1.13.

MPAD's Cyclically Adjusted PS Ratio is ranked worse than
56.44% of 1924 companies
in the Hardware industry
Industry Median: 1.09 vs MPAD: 1.32

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.

Micropac Industries's adjusted revenue per share data for the three months ended in Feb. 2024 was $2.344. 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 $10.60 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Micropac Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Micropac Industries'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.

Micropac Industries Cyclically Adjusted PS Ratio Chart

Micropac Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.54 1.42 1.79 1.40 1.00

Micropac Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.28 1.17 1.15 1.00 1.23

Competitive Comparison of Micropac Industries's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Micropac Industries'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.


Micropac Industries's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

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

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



Micropac Industries 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.

Micropac Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.00/10.6
=1.32

* 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.

Micropac Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=2.344/130.9299*130.9299
=2.344

Current CPI (Feb. 2024) = 130.9299.

Micropac Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 2.002 100.373 2.611
201408 1.998 100.352 2.607
201411 1.529 99.635 2.009
201502 1.856 99.032 2.454
201505 2.042 100.333 2.665
201508 2.043 100.548 2.660
201511 1.828 100.135 2.390
201602 1.631 100.040 2.135
201605 1.983 101.355 2.562
201608 1.476 101.617 1.902
201611 1.737 101.829 2.233
201702 1.516 102.779 1.931
201705 1.926 103.256 2.442
201708 1.830 103.587 2.313
201711 2.379 104.072 2.993
201802 1.494 105.052 1.862
201805 1.935 106.148 2.387
201808 1.940 106.383 2.388
201811 2.764 106.338 3.403
201902 1.476 106.649 1.812
201905 2.680 108.048 3.248
201908 2.813 108.245 3.403
201911 2.903 108.519 3.503
202002 2.311 109.139 2.772
202005 2.280 108.175 2.760
202008 1.911 109.662 2.282
202011 2.139 109.793 2.551
202102 1.571 110.968 1.854
202105 2.962 113.576 3.415
202108 3.173 115.421 3.599
202111 2.881 117.269 3.217
202202 2.353 119.703 2.574
202205 2.788 123.323 2.960
202208 2.692 124.958 2.821
202211 2.945 125.607 3.070
202302 2.401 126.928 2.477
202305 2.847 128.314 2.905
202308 2.505 129.538 2.532
202311 3.902 129.548 3.944
202402 2.344 130.930 2.344

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.


Micropac Industries  (OTCPK:MPAD) 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.


Micropac Industries Cyclically Adjusted PS Ratio Related Terms

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


Micropac Industries (Micropac Industries) Business Description

Traded in Other Exchanges
N/A
Address
905 East Walnut Street, Garland, TX, USA, 75040
Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.
Executives
Mark W King director, officer: Chief Executive Officer 2905 WYNDHAM LANE, RICHARDSON TX 75082
Richard K Hoesterey director 7852 LA COSA DRIVE, DALLAS TX 75248
Eugene A. Robinson director 1200 LAKE POINT CIRCLE, MCKINNEY TX 75070
Heinz-werner Hempel director, 10 percent owner AM WALL 127 D-281951, BREMEN 2M 00000
Micropac Industries, Inc. 10 percent owner AM WALL 127 D-281951 1, BREMEN 2M 00000
Patrick Cefalu officer: CFO 8706 ARBORSIDE, ROWLETT TX 75089
Wood Connie J. director 877 FM 2948, COMO TX 75431
H. Kent Hearn director 1409 BRIAR HOLLOW, GARLAND TX 75043

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