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SPX Technologies (FRA:SPW0) Cyclically Adjusted PS Ratio : 3.25 (As of Jun. 05, 2024)


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What is SPX Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-05), SPX Technologies's current share price is €125.00. SPX Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €38.41. SPX Technologies's Cyclically Adjusted PS Ratio for today is 3.25.

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

FRA:SPW0' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.48   Max: 3.48
Current: 3.29

During the past years, SPX Technologies's highest Cyclically Adjusted PS Ratio was 3.48. The lowest was 0.10. And the median was 0.48.

FRA:SPW0's Cyclically Adjusted PS Ratio is ranked worse than
88.93% of 1283 companies
in the Construction industry
Industry Median: 0.64 vs FRA:SPW0: 3.29

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.

SPX Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.168. 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 €38.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPX Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SPX Technologies'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.

SPX Technologies Cyclically Adjusted PS Ratio Chart

SPX Technologies 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 0.85 1.02 1.20 1.52 2.36

SPX Technologies 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 1.69 2.13 2.15 2.36 2.97

Competitive Comparison of SPX Technologies's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, SPX Technologies'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.


SPX Technologies's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, SPX Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SPX Technologies 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.

SPX Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=125.00/38.41
=3.25

* 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.

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

For example, SPX Technologies'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)
=9.168/131.7762*131.7762
=9.168

Current CPI (Mar. 2024) = 131.7762.

SPX Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.036 100.560 26.256
201409 9.090 100.428 11.927
201412 5.908 99.070 7.858
201503 8.585 99.621 11.356
201506 10.081 100.684 13.194
201509 8.197 100.392 10.760
201512 7.788 99.792 10.284
201603 7.793 100.470 10.221
201606 7.947 101.688 10.298
201609 7.237 101.861 9.362
201612 8.717 101.863 11.277
201703 7.329 102.862 9.389
201706 7.342 103.349 9.361
201709 6.636 104.136 8.397
201712 7.359 104.011 9.323
201803 6.435 105.290 8.054
201806 7.258 106.317 8.996
201809 6.918 106.507 8.559
201812 8.240 105.998 10.244
201903 6.776 107.251 8.326
201906 7.341 108.070 8.951
201909 7.332 108.329 8.919
201912 0.851 108.420 1.034
202003 7.303 108.902 8.837
202006 5.019 108.767 6.081
202009 4.963 109.815 5.956
202012 6.167 109.897 7.395
202103 5.208 111.754 6.141
202106 5.289 114.631 6.080
202109 5.206 115.734 5.928
202112 6.645 117.630 7.444
202203 6.004 121.301 6.522
202206 7.235 125.017 7.626
202209 8.112 125.227 8.536
202212 8.786 125.222 9.246
202303 8.047 127.348 8.327
202306 8.379 128.729 8.577
202309 8.993 129.860 9.126
202312 9.204 129.419 9.372
202403 9.168 131.776 9.168

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.


SPX Technologies  (FRA:SPW0) 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.


SPX Technologies Cyclically Adjusted PS Ratio Related Terms

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


SPX Technologies (FRA:SPW0) Business Description

Traded in Other Exchanges
Address
6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.

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