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Innospec (FRA:OCT) Cyclically Adjusted PS Ratio : 1.92 (As of May. 18, 2024)


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What is Innospec Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Innospec's current share price is €118.00. Innospec's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €61.58. Innospec's Cyclically Adjusted PS Ratio for today is 1.92.

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

FRA:OCT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.73   Max: 2.38
Current: 1.95

During the past years, Innospec's highest Cyclically Adjusted PS Ratio was 2.38. The lowest was 1.19. And the median was 1.73.

FRA:OCT's Cyclically Adjusted PS Ratio is ranked worse than
66.5% of 1203 companies
in the Chemicals industry
Industry Median: 1.25 vs FRA:OCT: 1.95

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.

Innospec's adjusted revenue per share data for the three months ended in Mar. 2024 was €18.359. 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 €61.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innospec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Innospec'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.

Innospec Cyclically Adjusted PS Ratio Chart

Innospec 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 2.32 1.94 1.73 1.73 1.90

Innospec 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 1.67 1.60 1.59 1.90 1.93

Competitive Comparison of Innospec's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Innospec'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.


Innospec's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Innospec's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Innospec 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.

Innospec's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=118.00/61.58
=1.92

* 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.

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

For example, Innospec'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)
=18.359/131.7762*131.7762
=18.359

Current CPI (Mar. 2024) = 131.7762.

Innospec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.602 100.560 8.651
201409 7.107 100.428 9.325
201412 9.444 99.070 12.562
201503 10.027 99.621 13.263
201506 8.772 100.684 11.481
201509 9.203 100.392 12.080
201512 9.230 99.792 12.188
201603 7.780 100.470 10.204
201606 8.302 101.688 10.758
201609 7.481 101.861 9.678
201612 9.246 101.863 11.961
201703 11.219 102.862 14.373
201706 11.827 103.349 15.080
201709 11.353 104.136 14.366
201712 12.335 104.011 15.628
201803 11.904 105.290 14.899
201806 12.465 106.317 15.450
201809 12.651 106.507 15.653
201812 14.073 105.998 17.496
201903 13.973 107.251 17.168
201906 12.996 108.070 15.847
201909 13.663 108.329 16.620
201912 14.172 108.420 17.225
202003 13.618 108.902 16.478
202006 8.853 108.767 10.726
202009 9.105 109.815 10.926
202012 10.284 109.897 12.331
202103 11.484 111.754 13.541
202106 11.831 114.631 13.600
202109 12.857 115.734 14.639
202112 14.745 117.630 16.518
202203 17.188 121.301 18.672
202206 17.715 125.017 18.673
202209 20.754 125.227 21.839
202212 19.284 125.222 20.293
202303 19.068 127.348 19.731
202306 17.751 128.729 18.171
202309 17.390 129.860 17.647
202312 18.082 129.419 18.411
202403 18.359 131.776 18.359

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.


Innospec  (FRA:OCT) 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.


Innospec Cyclically Adjusted PS Ratio Related Terms

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


Innospec (FRA:OCT) Business Description

Industry
Traded in Other Exchanges
Address
8310 South Valley Highway, Suite 350, Englewood, CO, USA, 80112
Innospec Inc manufactures and sells a variety of chemicals and fuel additives. The firm organizes itself into three segments based on product type. The fuel specialties segment, which generates the majority of revenue, sells products used to improve fuel efficiency, boost engine performance, and reduce emissions for automobiles, boats, and airplanes. It also sells products used by oil field services providers in the extraction of oil and gas. The performance chemicals segment sells products to the personal-care industry. The Oilfield Services segment develops and markets products to prevent loss of mud.

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