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Magellan Aerospace (Magellan Aerospace) Cyclically Adjusted PS Ratio : 0.45 (As of Jun. 09, 2024)


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What is Magellan Aerospace Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Magellan Aerospace's current share price is $5.95. Magellan Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $13.11. Magellan Aerospace's Cyclically Adjusted PS Ratio for today is 0.45.

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

MALJF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.63   Max: 1.16
Current: 0.46

During the past years, Magellan Aerospace's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.15. And the median was 0.63.

MALJF's Cyclically Adjusted PS Ratio is ranked better than
80.28% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.46 vs MALJF: 0.46

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.

Magellan Aerospace's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.038. 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 $13.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magellan Aerospace Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Magellan Aerospace'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.

Magellan Aerospace Cyclically Adjusted PS Ratio Chart

Magellan Aerospace 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 0.88 0.55 0.61 0.58 0.44

Magellan Aerospace 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 0.43 0.47 0.43 0.44 0.45

Competitive Comparison of Magellan Aerospace's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Magellan Aerospace'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.


Magellan Aerospace's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Magellan Aerospace's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Magellan Aerospace 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.

Magellan Aerospace's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.95/13.11
=0.45

* 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.

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

For example, Magellan Aerospace'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)
=3.038/126.2576*126.2576
=3.038

Current CPI (Mar. 2024) = 126.2576.

Magellan Aerospace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.506 99.473 4.450
201409 3.160 99.394 4.014
201412 3.113 98.367 3.996
201503 3.108 99.789 3.932
201506 3.257 100.500 4.092
201509 3.059 100.421 3.846
201512 3.164 99.947 3.997
201603 3.456 101.054 4.318
201606 3.366 102.002 4.166
201609 3.120 101.765 3.871
201612 3.182 101.449 3.960
201703 3.185 102.634 3.918
201706 3.257 103.029 3.991
201709 3.114 103.345 3.804
201712 3.130 103.345 3.824
201803 3.249 105.004 3.907
201806 3.157 105.557 3.776
201809 2.986 105.636 3.569
201812 3.253 105.399 3.897
201903 3.468 106.979 4.093
201906 3.414 107.690 4.003
201909 3.056 107.611 3.586
201912 3.218 107.769 3.770
202003 2.939 107.927 3.438
202006 2.057 108.401 2.396
202009 2.127 108.164 2.483
202012 2.433 108.559 2.830
202103 2.429 110.298 2.780
202106 2.376 111.720 2.685
202109 2.275 112.905 2.544
202112 2.409 113.774 2.673
202203 2.568 117.646 2.756
202206 2.607 120.806 2.725
202209 2.486 120.648 2.602
202212 2.518 120.964 2.628
202303 2.842 122.702 2.924
202306 2.881 124.203 2.929
202309 2.745 125.230 2.768
202312 2.854 125.072 2.881
202403 3.038 126.258 3.038

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.


Magellan Aerospace  (OTCPK:MALJF) 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.


Magellan Aerospace Cyclically Adjusted PS Ratio Related Terms

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


Magellan Aerospace (Magellan Aerospace) Business Description

Traded in Other Exchanges
Address
3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

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