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Vishay Precision Group (Vishay Precision Group) Cyclically Adjusted PS Ratio : 1.36 (As of Apr. 27, 2024)


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What is Vishay Precision Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Vishay Precision Group's current share price is $33.41. Vishay Precision Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $24.56. Vishay Precision Group's Cyclically Adjusted PS Ratio for today is 1.36.

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

VPG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.54   Max: 2.17
Current: 1.36

During the past years, Vishay Precision Group's highest Cyclically Adjusted PS Ratio was 2.17. The lowest was 0.93. And the median was 1.54.

VPG's Cyclically Adjusted PS Ratio is ranked worse than
59.13% of 1889 companies
in the Hardware industry
Industry Median: 1.01 vs VPG: 1.36

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.

Vishay Precision Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.582. 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 $24.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vishay Precision Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vishay Precision 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.

Vishay Precision Group Cyclically Adjusted PS Ratio Chart

Vishay Precision 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 1.76 1.59 1.74 1.65 1.39

Vishay Precision Group 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 1.65 1.75 1.53 1.37 1.39

Competitive Comparison of Vishay Precision Group's Cyclically Adjusted PS Ratio

For the Scientific & Technical Instruments subindustry, Vishay Precision 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.


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

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

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



Vishay Precision 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.41/24.56
=1.36

* 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.

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

For example, Vishay Precision Group'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)
=6.582/129.4194*129.4194
=6.582

Current CPI (Dec. 2023) = 129.4194.

Vishay Precision Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.373 99.695 5.677
201406 4.665 100.560 6.004
201409 4.536 100.428 5.845
201412 4.300 99.070 5.617
201503 4.055 99.621 5.268
201506 4.315 100.684 5.547
201509 4.282 100.392 5.520
201512 4.441 99.792 5.759
201603 4.226 100.470 5.444
201606 4.326 101.688 5.506
201609 4.060 101.861 5.158
201612 4.150 101.863 5.273
201703 4.449 102.862 5.598
201706 4.635 103.349 5.804
201709 4.663 104.136 5.795
201712 5.133 104.011 6.387
201803 5.415 105.290 6.656
201806 5.493 106.317 6.687
201809 5.578 106.507 6.778
201812 5.668 105.998 6.920
201903 5.642 107.251 6.808
201906 5.213 108.070 6.243
201909 4.955 108.329 5.920
201912 5.075 108.420 6.058
202003 4.983 108.902 5.922
202006 4.346 108.767 5.171
202009 4.952 109.815 5.836
202012 5.523 109.897 6.504
202103 5.179 111.754 5.998
202106 5.521 114.631 6.233
202109 5.999 115.734 6.708
202112 6.577 117.630 7.236
202203 6.411 121.301 6.840
202206 6.472 125.017 6.700
202209 6.570 125.227 6.790
202212 7.037 125.222 7.273
202303 6.509 127.348 6.615
202306 6.642 128.729 6.678
202309 6.273 129.860 6.252
202312 6.582 129.419 6.582

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.


Vishay Precision Group  (NYSE:VPG) 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.


Vishay Precision Group Cyclically Adjusted PS Ratio Related Terms

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


Vishay Precision Group (Vishay Precision Group) Business Description

Traded in Other Exchanges
N/A
Address
3 Great Valley Parkway, Suite 150, Malvern, PA, USA, 19355
Vishay Precision Group Inc manufactures and markets sensors, and sensor-based measurement systems, as well as specialty resistors and strain gages based on proprietary technology. The company provides precision products and solutions, many of which are designed-in by customers, specializing in the growing markets of stress, force, weight, pressure, and current measurements. The company reports in three product segments: Sensors segment, Weighing Solutions segment, and Measurement Systems segment. It has a business presence in the United States and other countries. It generates majority revenue from United States.
Executives
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
William M Clancy officer: Exec. VP/CFO 3 GREAT VALLEY PKWY, MALVERN PA 19355
Bruce A. Lerner director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Saul Reibstein director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Janet M Clarke director EXPRESSJET HOLDINGS, INC., 700 N SAM HOUSTON PRKWY W, SUITE 200, HOUSTON TX 77067
Marc Zandman director C/O VISHAY INTERTECHNOLOGY, INC., 63 LINCOLN HIGHWAY, MALVERN PA 19355
Timothy Talbert director 3152 CASWELL DR, TROY MI 48084
Amir Tal officer: SVP and CAO C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Sejal Shah Gulati director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Ziv Shoshani director, officer: President & CEO C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Nokomis Capital, L.l.c. 10 percent owner 1717 MCKINNEY AVENUE, SUITE 850, DALLAS TX 75202
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Roland B Desilets officer: General Counsel & Secretary 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355
Brett Hendrickson 10 percent owner 300 CRESCENT COURT, SUITE 1740, DALLAS TX 75201
Samuel Broydo director C/O VISHAY PRECISION GROUP, INC., 3 GREAT VALLEY PARKWAY, SUITE 150, MALVERN PA 19355