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Johnson Controls International (LTS:0Y7S) Cyclically Adjusted PS Ratio : 2.07 (As of Oct. 31, 2024)


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What is Johnson Controls International Cyclically Adjusted PS Ratio?

As of today (2024-10-31), Johnson Controls International's current share price is $76.5045. Johnson Controls International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was $36.98. Johnson Controls International's Cyclically Adjusted PS Ratio for today is 2.07.

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

LTS:0Y7S' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.89   Max: 2.11
Current: 2.08

During the past years, Johnson Controls International's highest Cyclically Adjusted PS Ratio was 2.11. The lowest was 0.16. And the median was 0.89.

LTS:0Y7S's Cyclically Adjusted PS Ratio is ranked worse than
80.32% of 1235 companies
in the Construction industry
Industry Median: 0.68 vs LTS:0Y7S: 2.08

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.

Johnson Controls International's adjusted revenue per share data for the three months ended in Jun. 2024 was $10.748. 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 $36.98 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Controls International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Johnson Controls International'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.

Johnson Controls International Cyclically Adjusted PS Ratio Chart

Johnson Controls International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.99 1.73 1.25 1.37

Johnson Controls International 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 1.76 1.37 1.52 1.76 1.81

Competitive Comparison of Johnson Controls International's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Johnson Controls International'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.


Johnson Controls International's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Johnson Controls International 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.

Johnson Controls International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.5045/36.98
=2.07

* 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.

Johnson Controls International's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Johnson Controls International'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)
=10.748/122.3184*122.3184
=10.748

Current CPI (Jun. 2024) = 122.3184.

Johnson Controls International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 13.023 100.474 15.854
201412 15.086 99.576 18.531
201503 14.567 99.975 17.823
201506 15.211 100.573 18.500
201509 -15.212 100.274 -18.556
201512 7.194 99.676 8.828
201603 7.258 99.676 8.907
201606 7.933 101.072 9.601
201609 8.498 100.274 10.366
201612 7.479 99.676 9.178
201703 7.737 100.374 9.429
201706 8.135 100.673 9.884
201709 0.852 100.474 1.037
201712 5.728 100.075 7.001
201803 6.038 100.573 7.343
201806 6.750 101.072 8.169
201809 6.645 101.371 8.018
201812 5.906 100.773 7.169
201903 6.379 101.670 7.675
201906 7.371 102.168 8.825
201909 7.936 102.268 9.492
201912 7.204 102.068 8.633
202003 7.191 102.367 8.593
202006 7.181 101.769 8.631
202009 8.071 101.072 9.768
202012 7.352 101.072 8.898
202103 7.755 102.367 9.266
202106 8.811 103.364 10.427
202109 8.916 104.859 10.401
202112 8.262 106.653 9.476
202203 8.678 109.245 9.717
202206 9.518 112.779 10.323
202209 9.729 113.504 10.485
202212 8.790 115.436 9.314
202303 9.694 117.609 10.082
202306 10.395 119.662 10.626
202309 10.108 120.749 10.239
202312 8.930 120.749 9.046
202403 9.866 120.990 9.974
202406 10.748 122.318 10.748

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.


Johnson Controls International  (LTS:0Y7S) 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.


Johnson Controls International Cyclically Adjusted PS Ratio Related Terms

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


Johnson Controls International Business Description

Traded in Other Exchanges
Address
One Albert Quay, Cork, IRL, T12 X8N6
Johnson Controls manufactures, installs, and services HVAC systems, building management systems and controls, industrial refrigeration units, and fire and security solutions. Commercial HVAC accounts for over 45% of sales, fire and security represents roughly 40% of sales, and residential HVAC, industrial refrigeration, and other solutions account for the remaining 15% of revenue. In fiscal 2023, Johnson Controls generated nearly $27 billion in revenue.

Johnson Controls International Headlines

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