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Draegerwerk AG KGaA (LTS:0K5E) Cyclically Adjusted PS Ratio : 0.23 (As of Oct. 31, 2024)


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What is Draegerwerk AG KGaA Cyclically Adjusted PS Ratio?

As of today (2024-10-31), Draegerwerk AG KGaA's current share price is €45.425. Draegerwerk AG KGaA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €201.03. Draegerwerk AG KGaA's Cyclically Adjusted PS Ratio for today is 0.23.

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

LTS:0K5E' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.27   Max: 0.51
Current: 0.24

During the past years, Draegerwerk AG KGaA's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.20. And the median was 0.27.

LTS:0K5E's Cyclically Adjusted PS Ratio is ranked better than
93.3% of 448 companies
in the Medical Devices & Instruments industry
Industry Median: 2.335 vs LTS:0K5E: 0.24

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.

Draegerwerk AG KGaA's adjusted revenue per share data for the three months ended in Jun. 2024 was €41.831. 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 €201.03 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Draegerwerk AG KGaA Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Draegerwerk AG KGaA'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.

Draegerwerk AG KGaA Cyclically Adjusted PS Ratio Chart

Draegerwerk AG KGaA 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 0.26 0.40 0.34 0.21 0.25

Draegerwerk AG KGaA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.21 0.21 0.25 0.25 0.25

Competitive Comparison of Draegerwerk AG KGaA's Cyclically Adjusted PS Ratio

For the Medical Devices subindustry, Draegerwerk AG KGaA'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.


Draegerwerk AG KGaA's Cyclically Adjusted PS Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Draegerwerk AG KGaA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Draegerwerk AG KGaA 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.

Draegerwerk AG KGaA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.425/201.03
=0.23

* 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.

Draegerwerk AG KGaA's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Draegerwerk AG KGaA's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=41.831/125.8815*125.8815
=41.831

Current CPI (Jun. 2024) = 125.8815.

Draegerwerk AG KGaA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 34.336 99.823 43.300
201412 46.139 99.543 58.347
201503 32.139 99.717 40.572
201506 31.299 100.417 39.236
201509 32.215 100.417 40.384
201512 42.390 99.717 53.513
201603 30.446 100.017 38.319
201606 32.256 100.717 40.315
201609 33.384 101.017 41.601
201612 46.143 101.217 57.387
201703 23.209 101.417 28.808
201706 25.352 102.117 31.252
201709 34.966 102.717 42.851
201712 47.031 102.617 57.693
201803 28.014 102.917 34.265
201806 34.922 104.017 42.263
201809 33.513 104.718 40.286
201812 47.005 104.217 56.776
201903 34.187 104.217 41.294
201906 35.515 105.718 42.289
201909 35.773 106.018 42.476
201912 44.967 105.818 53.493
202003 36.604 105.718 43.586
202006 33.794 106.618 39.900
202009 45.978 105.818 54.696
202012 59.452 105.518 70.926
202103 36.668 107.518 42.931
202106 39.016 108.486 45.272
202109 35.379 109.435 40.696
202112 49.333 110.384 56.259
202203 34.754 113.968 38.387
202206 34.748 115.760 37.786
202209 38.431 118.818 40.716
202212 53.697 119.345 56.638
202303 40.212 122.402 41.355
202306 41.024 123.140 41.937
202309 41.612 124.195 42.177
202312 54.039 123.773 54.960
202403 38.442 125.038 38.701
202406 41.831 125.882 41.831

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.


Draegerwerk AG KGaA  (LTS:0K5E) 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.


Draegerwerk AG KGaA Cyclically Adjusted PS Ratio Related Terms

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Draegerwerk AG KGaA Business Description

Address
Moislinger Allee 53–55, Lubeck, DEU, 23542
Draegerwerk AG & Co KGaA develops medical and safety equipment for clinical and industrial applications. The firm operates in two segments: medical and safety. The medical division contributes the majority of revenue, it develops and produces system solutions, equipment, and services for the acute point of care, it has five business units Therapy, Hospital Consumables & Accessories, Workplace Infrastructure, Monitoring, and Data Business. Its safety division develops and produces devices, system solutions, and services for personal protection, gas detection, and integrated hazard management. Its geographical segments are Europe; Germany; the Americas; Africa, Asia, and Australia.

Draegerwerk AG KGaA Headlines

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