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Cargotec Oyj (Cargotec Oyj) Cyclically Adjusted PS Ratio : 1.03 (As of May. 01, 2024)


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What is Cargotec Oyj Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Cargotec Oyj's current share price is $65.69. Cargotec Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $64.03. Cargotec Oyj's Cyclically Adjusted PS Ratio for today is 1.03.

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

CYJBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.63   Max: 1.01
Current: 0.97

During the past years, Cargotec Oyj's highest Cyclically Adjusted PS Ratio was 1.01. The lowest was 0.30. And the median was 0.63.

CYJBF's Cyclically Adjusted PS Ratio is ranked better than
50.88% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1 vs CYJBF: 0.97

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.

Cargotec Oyj's adjusted revenue per share data for the three months ended in Dec. 2023 was $20.256. 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 $64.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cargotec Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cargotec Oyj'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.

Cargotec Oyj Cyclically Adjusted PS Ratio Chart

Cargotec Oyj 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 0.55 0.61 0.78 0.67 0.82

Cargotec Oyj 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 0.71 0.79 0.62 0.82

Competitive Comparison of Cargotec Oyj's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Cargotec Oyj'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.


Cargotec Oyj's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cargotec Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cargotec Oyj 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.

Cargotec Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.69/64.03
=1.03

* 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.

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

For example, Cargotec Oyj'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)
=20.256/121.2200*121.2200
=20.256

Current CPI (Dec. 2023) = 121.2200.

Cargotec Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 16.356 100.174 19.792
201406 17.430 100.147 21.098
201409 16.863 100.726 20.294
201412 18.335 100.229 22.175
201503 14.838 100.120 17.965
201506 16.370 100.030 19.838
201509 16.002 100.130 19.372
201512 16.296 99.990 19.756
201603 14.353 100.080 17.385
201606 15.701 100.390 18.959
201609 14.837 100.540 17.889
201612 14.722 101.020 17.666
201703 13.028 100.910 15.650
201706 14.446 101.140 17.314
201709 13.498 101.320 16.149
201712 16.254 101.510 19.410
201803 14.656 101.730 17.464
201806 16.833 102.320 19.942
201809 14.482 102.600 17.110
201812 15.877 102.710 18.738
201903 15.023 102.870 17.703
201906 15.980 103.360 18.741
201909 15.374 103.540 17.999
201912 17.506 103.650 20.473
202003 14.975 103.490 17.541
202006 13.130 103.320 15.405
202009 14.099 103.710 16.479
202012 16.335 103.890 19.060
202103 13.571 104.870 15.687
202106 15.999 105.360 18.407
202109 14.988 106.290 17.093
202112 16.109 107.490 18.167
202203 14.587 110.950 15.937
202206 15.571 113.570 16.620
202209 16.041 114.920 16.920
202212 20.292 117.320 20.967
202303 17.717 119.750 17.934
202306 20.037 120.690 20.125
202309 18.094 121.280 18.085
202312 20.256 121.220 20.256

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.


Cargotec Oyj  (OTCPK:CYJBF) 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.


Cargotec Oyj Cyclically Adjusted PS Ratio Related Terms

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


Cargotec Oyj (Cargotec Oyj) Business Description

Traded in Other Exchanges
Address
Porkkalankatu 5, Helsinki, FIN, 00180
Cargotec Oyj provides cargo and load handling solutions. Its product portfolio consists of a wide range of handling equipment and solutions, including services for terminals and distribution centers, spare parts for on-road delivery, and systems for handling marine cargo. Mobile equipment mixed with automation and energy-efficient offerings helps customers integrate different handling processes. Cargotec operates three business segments: Kalmar, Hiab, and MacGregor. The majority of sales derive from distributing products, but a global network offers services and components. Customers range from small businesses to large national organizations. The company has established customer relationships in Europe/Middle East/Africa, Asia-Pacific, and the Americas.

Cargotec Oyj (Cargotec Oyj) Headlines