Performance Technologies (PTIX)

2.02 +0.15  +8.02%  May 30, 8:00PM Go Pro
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Performance Technologies Beneish M-Score: -2.416

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PTIX Beneish M-Score Rankings

Overall 34th percentile 2475 of 3771
Sector 36th percentile 499 of 785 in Technology
Industry 33rd percentile 12 of 18 in Networking & Communication Devices

PTIX Beneish M-Score Range, Past 5 Years

Minimum -3.143 Dec 2007
Maximum -2.416 Dec 2011
Average -2.866

About Beneish M Score

The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.

The best cut-off point depends on the costs mistakenly classifying in one of two ways:

1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).

Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):

M Score HTML Table:

ScoreRelative Error Costs
(Type I:Type II)
M Score > -1.49 (10:1)
M Score > -1.78 (20:1)
M Score > -1.89 (40+:1)


Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.

If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.

Learn More

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PTIX News

$PTIX amended latest Quarterly Report http://stks.co/3mqs
about 21 days ago by MarketBrief
$PTIX amended latest Annual Report http://stks.co/1iWx
about 154 days ago by MarketBrief
$PTIX amended latest Quarterly Report http://stks.co/17MD
about 199 days ago by MarketBrief
$PTIX filed latest Quarterly Report http://stks.co/16We
about 200 days ago by MarketBrief
Performance Tech rises 14.3%
Sep 27, 9:00AM FlyOnTheWall

Recent Quotes

Symbol Price Chg Chg % Market Cap
PTIX 2.02 +0.15 +8.02% 22.46M
PTI 18.10 +0.48 +2.72% 1.307B
PTH 30.67 -0.15 -0.48%
PTGI 15.83 +0.56 +3.67% 211.03M
PRGN 0.5925 +0.01 +2.16% 34.72M
PRFZ 61.61 -0.43 -0.69%
PRFT 11.33 -0.17 -1.48% 359.60M
PRF 56.01 -0.08 -0.14%
PRE 71.50 +0.97 +1.38% 4.612B
PCLN 624.99 -12.77 -2.00% 31.76B
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