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PowerFleet (PowerFleet) Cyclically Adjusted PS Ratio : 1.30 (As of May. 24, 2024)


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What is PowerFleet Cyclically Adjusted PS Ratio?

As of today (2024-05-24), PowerFleet's current share price is $5.33. PowerFleet's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $4.10. PowerFleet's Cyclically Adjusted PS Ratio for today is 1.30.

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

PWFL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.8   Max: 2.81
Current: 1.28

During the past years, PowerFleet's highest Cyclically Adjusted PS Ratio was 2.81. The lowest was 0.43. And the median was 1.80.

PWFL's Cyclically Adjusted PS Ratio is ranked worse than
54.94% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs PWFL: 1.28

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.

PowerFleet's adjusted revenue per share data for the three months ended in Dec. 2023 was $0.970. 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 $4.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PowerFleet Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PowerFleet'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.

PowerFleet Cyclically Adjusted PS Ratio Chart

PowerFleet 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 1.85 2.02 1.22 0.67 0.83

PowerFleet 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 0.67 0.84 0.73 0.50 0.83

Competitive Comparison of PowerFleet's Cyclically Adjusted PS Ratio

For the Communication Equipment subindustry, PowerFleet'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.


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

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

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



PowerFleet 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.33/4.1
=1.30

* 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.

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

For example, PowerFleet'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)
=0.97/129.4194*129.4194
=0.970

Current CPI (Dec. 2023) = 129.4194.

PowerFleet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.810 99.695 1.052
201406 0.944 100.560 1.215
201409 0.970 100.428 1.250
201412 1.047 99.070 1.368
201503 0.910 99.621 1.182
201506 0.789 100.684 1.014
201509 0.829 100.392 1.069
201512 0.788 99.792 1.022
201603 0.813 100.470 1.047
201606 0.688 101.688 0.876
201609 0.632 101.861 0.803
201612 0.704 101.863 0.894
201703 0.603 102.862 0.759
201706 0.796 103.349 0.997
201709 0.685 104.136 0.851
201712 0.660 104.011 0.821
201803 0.788 105.290 0.969
201806 0.868 106.317 1.057
201809 0.773 106.507 0.939
201812 0.654 105.998 0.799
201903 0.772 107.251 0.932
201906 0.921 108.070 1.103
201909 0.942 108.329 1.125
201912 1.226 108.420 1.463
202003 1.061 108.902 1.261
202006 0.876 108.767 1.042
202009 0.916 109.815 1.080
202012 0.974 109.897 1.147
202103 0.872 111.754 1.010
202106 0.961 114.631 1.085
202109 0.835 115.734 0.934
202112 0.974 117.630 1.072
202203 0.939 121.301 1.002
202206 0.978 125.017 1.012
202209 0.968 125.227 1.000
202212 0.955 125.222 0.987
202303 0.922 127.348 0.937
202306 0.900 128.729 0.905
202309 0.959 129.860 0.956
202312 0.970 129.419 0.970

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.


PowerFleet  (NAS:PWFL) 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.


PowerFleet Cyclically Adjusted PS Ratio Related Terms

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


PowerFleet (PowerFleet) Business Description

Industry
Traded in Other Exchanges
Address
123 Tice Boulevard, Suite 101, Woodcliff Lake, NJ, USA, 07677
PowerFleet Inc provides subscription-based wireless Internet-of-Things (IoT) and machine-to-machine (M2M) solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial trucks, trailers, containers, cargo, light vehicles, and heavy truck fleets. The firm's systems utilize radio frequency identification, Wi-fi, satellite communications, and sensor technology to manage its assets. It operates in the segment of Wireless IoT asset management. The company has a business presence in the U. S, Israel, and other countries, of which key revenue is derived from the U.S.
Executives
David Wilson officer: Chief Financial Officer
Michael J Casey director C/O MAPICS INC, 1000WINDWARD CONCOURSE PKWY STE.100, ALPHARETTA GA 30005
Offer Lehmann officer: Chief Operating Officer C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Elchanan Maoz director 11200 SW MURRAY SCHOLLS PLACE, BEAVERTON OR 97007
Patrick John Maley officer: Chief Revenue Officer C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
James Scott Zeitunian officer: Chief Technology Officer C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Joaquin Fong officer: See "Remarks" below C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Charles Frumberg director 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Michael Brodsky director C/O NEW WORLD OPPORTUNITY PARTNERS I LLC, 1603 ORRINGTON AVE, STE 1600, EVANSTON IL 60201
Steven Mark Towe director, officer: Chief Executive Officer C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Elizabeth Elkins officer: Chief Product Officer C/O POWERFLEET, INC., 123 TICE BLVD., WOODCLIFF LAKE NJ 07677
David Mahlab director, officer: CEO International 14 HA'MELACHA STREET, ROSH HA'AYIN L3 4809133
Medhini Srinivasan director C/O POWERFLEET, INC., 123 TICE BLVD, WOODCLIFF LAKE NJ 07677
Anders Bjork director C/O POWERFLEET, INC., 123 TICE BOULEVARD, WOODCLIFF LAKE NJ 07677
Ned Mavrommatis officer: Chief Financial Officer C/O ID SYSTEMS INC, ONE UNIVERSITY PLAZA, HACKENSACK NJ 07601