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The Eastern Co (FRA:EAQ) Cyclically Adjusted PS Ratio : 0.68 (As of Jun. 06, 2024)


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What is The Eastern Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), The Eastern Co's current share price is €25.60. The Eastern Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €37.44. The Eastern Co's Cyclically Adjusted PS Ratio for today is 0.68.

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

FRA:EAQ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.74   Max: 1.3
Current: 0.68

During the past years, The Eastern Co's highest Cyclically Adjusted PS Ratio was 1.30. The lowest was 0.41. And the median was 0.74.

FRA:EAQ's Cyclically Adjusted PS Ratio is ranked better than
73.24% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs FRA:EAQ: 0.68

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.

The Eastern Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.991. 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 €37.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Eastern Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Eastern Co'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.

The Eastern Co Cyclically Adjusted PS Ratio Chart

The Eastern Co 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 1.05 0.80 0.75 0.52 0.56

The Eastern Co 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 0.51 0.47 0.46 0.56 0.84

Competitive Comparison of The Eastern Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, The Eastern Co'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.


The Eastern Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Eastern Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



The Eastern Co 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.

The Eastern Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.60/37.44
=0.68

* 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.

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

For example, The Eastern Co'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)
=9.991/131.7762*131.7762
=9.991

Current CPI (Mar. 2024) = 131.7762.

The Eastern Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.102 100.560 5.375
201409 4.452 100.428 5.842
201412 4.476 99.070 5.954
201503 5.457 99.621 7.218
201506 5.285 100.684 6.917
201509 5.171 100.392 6.788
201512 5.057 99.792 6.678
201603 4.758 100.470 6.241
201606 5.252 101.688 6.806
201609 4.770 101.861 6.171
201612 5.174 101.863 6.693
201703 5.387 102.862 6.901
201706 8.220 103.349 10.481
201709 7.462 104.136 9.443
201712 7.269 104.011 9.209
201803 7.662 105.290 9.589
201806 8.280 106.317 10.263
201809 7.815 106.507 9.669
201812 7.972 105.998 9.911
201903 8.600 107.251 10.567
201906 8.682 108.070 10.587
201909 8.812 108.329 10.719
201912 9.781 108.420 11.888
202003 9.473 108.902 11.463
202006 5.617 108.767 6.805
202009 7.580 109.815 9.096
202012 6.548 109.897 7.852
202103 8.264 111.754 9.745
202106 8.099 114.631 9.310
202109 8.657 115.734 9.857
202112 8.415 117.630 9.427
202203 10.011 121.301 10.876
202206 10.548 125.017 11.118
202209 11.627 125.227 12.235
202212 10.466 125.222 11.014
202303 10.861 127.348 11.239
202306 10.068 128.729 10.306
202309 9.803 129.860 9.948
202312 9.773 129.419 9.951
202403 9.991 131.776 9.991

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.


The Eastern Co  (FRA:EAQ) 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.


The Eastern Co Cyclically Adjusted PS Ratio Related Terms

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


The Eastern Co (FRA:EAQ) Business Description

Traded in Other Exchanges
Address
3 Enterprise Drive, Suite 408, Shelton, CT, USA, 06484
The Eastern Co manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. It operates in United States and Other Countries, and generates majority of the revenue from United States.

The Eastern Co (FRA:EAQ) Headlines

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