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Spectra Products (TSXV:SSA) Cyclically Adjusted PS Ratio : 1.27 (As of Jun. 09, 2024)


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What is Spectra Products Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Spectra Products's current share price is C$0.19. Spectra Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$0.15. Spectra Products's Cyclically Adjusted PS Ratio for today is 1.27.

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

TSXV:SSA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 1.25   Max: 2.5
Current: 1.25

During the past years, Spectra Products's highest Cyclically Adjusted PS Ratio was 2.50. The lowest was 0.23. And the median was 1.25.

TSXV:SSA's Cyclically Adjusted PS Ratio is ranked worse than
70.15% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs TSXV:SSA: 1.25

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.

Spectra Products's adjusted revenue per share data for the three months ended in Mar. 2024 was C$0.028. 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 C$0.15 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Spectra Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Spectra Products'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.

Spectra Products Cyclically Adjusted PS Ratio Chart

Spectra Products 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 1.82 1.85 1.44 1.20 1.52

Spectra Products 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 1.18 1.45 1.58 1.52 1.58

Competitive Comparison of Spectra Products's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Spectra Products'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.


Spectra Products's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Spectra Products 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.

Spectra Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.19/0.15
=1.27

* 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.

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

For example, Spectra Products'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)
=0.028/126.2576*126.2576
=0.028

Current CPI (Mar. 2024) = 126.2576.

Spectra Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.027 99.473 0.034
201409 0.032 99.394 0.041
201412 0.029 98.367 0.037
201503 0.029 99.789 0.037
201506 0.043 100.500 0.054
201509 0.040 100.421 0.050
201512 0.037 99.947 0.047
201603 0.035 101.054 0.044
201606 0.036 102.002 0.045
201609 0.028 101.765 0.035
201612 0.028 101.449 0.035
201703 0.036 102.634 0.044
201706 0.038 103.029 0.047
201709 0.036 103.345 0.044
201712 0.037 103.345 0.045
201803 0.047 105.004 0.057
201806 0.039 105.557 0.047
201809 0.046 105.636 0.055
201812 0.037 105.399 0.044
201903 0.041 106.979 0.048
201906 0.054 107.690 0.063
201909 0.029 107.611 0.034
201912 0.022 107.769 0.026
202003 0.034 107.927 0.040
202006 0.019 108.401 0.022
202009 0.020 108.164 0.023
202012 0.027 108.559 0.031
202103 0.030 110.298 0.034
202106 0.024 111.720 0.027
202109 0.026 112.905 0.029
202112 0.025 113.774 0.028
202203 0.022 117.646 0.024
202206 0.021 120.806 0.022
202209 0.030 120.648 0.031
202212 0.030 120.964 0.031
202303 0.033 122.702 0.034
202306 0.041 124.203 0.042
202309 0.033 125.230 0.033
202312 0.023 125.072 0.023
202403 0.028 126.258 0.028

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.


Spectra Products  (TSXV:SSA) 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.


Spectra Products Cyclically Adjusted PS Ratio Related Terms

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


Spectra Products (TSXV:SSA) Business Description

Traded in Other Exchanges
Address
41 Horner Avenue, Unit 2, Etobicoke, Toronto, ON, CAN, M8Z 4X4
Spectra Products Inc is a company engaged in manufacturing and supplying safety and productivity enhancement products to the bus and truck transportation industry. The operating segment of the company is Bus and Truck Transportation Safety Equipment. It manufactures and markets brake and wheel-end monitoring equipment as an after-market product through transportation dealers, distributors and direct sales to fleet operators. Geographically, it generates the majority of its revenue from the United States.
Executives
Kevin Haney Director

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