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Nordson (Nordson) Cyclically Adjusted PS Ratio : 6.07 (As of Apr. 29, 2024)


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What is Nordson Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Nordson's current share price is $262.49. Nordson's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $43.23. Nordson's Cyclically Adjusted PS Ratio for today is 6.07.

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

NDSN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 5.18   Max: 7.58
Current: 6.02

During the past years, Nordson's highest Cyclically Adjusted PS Ratio was 7.58. The lowest was 2.77. And the median was 5.18.

NDSN's Cyclically Adjusted PS Ratio is ranked worse than
90.17% of 2156 companies
in the Industrial Products industry
Industry Median: 1.43 vs NDSN: 6.02

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.

Nordson's adjusted revenue per share data for the three months ended in Jan. 2024 was $11.002. 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 $43.23 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordson Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nordson'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.

Nordson Cyclically Adjusted PS Ratio Chart

Nordson Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 6.08 7.12 5.60 4.95

Nordson Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 5.97 5.19 5.95 4.95 5.82

Competitive Comparison of Nordson's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Nordson'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.


Nordson's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordson's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Nordson 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=262.49/43.23
=6.07

* 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.

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

For example, Nordson's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=11.002/129.4194*129.4194
=11.002

Current CPI (Jan. 2024) = 129.4194.

Nordson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 6.467 100.023 8.368
201407 7.149 100.520 9.204
201410 7.372 100.176 9.524
201501 6.061 98.604 7.955
201504 6.501 99.824 8.428
201507 7.573 100.691 9.734
201510 7.521 100.346 9.700
201601 6.495 99.957 8.409
201604 7.632 100.947 9.785
201607 8.503 101.524 10.839
201610 8.802 101.988 11.169
201701 7.023 102.456 8.871
201704 8.520 103.167 10.688
201707 10.118 103.278 12.679
201710 9.844 104.070 12.242
201801 9.349 104.578 11.570
201804 9.394 105.708 11.501
201807 9.866 106.324 12.009
201810 9.650 106.695 11.705
201901 8.530 106.200 10.395
201904 9.493 107.818 11.395
201907 9.631 108.250 11.514
201910 10.049 108.577 11.978
202001 8.457 108.841 10.056
202004 9.088 108.173 10.873
202007 9.211 109.318 10.905
202010 9.518 109.861 11.213
202101 8.962 110.364 10.509
202104 10.051 112.673 11.545
202107 11.013 115.183 12.374
202110 10.192 116.696 11.303
202201 10.357 118.619 11.300
202204 10.884 121.978 11.548
202207 11.422 125.002 11.826
202210 11.823 125.734 12.170
202301 10.569 126.223 10.837
202304 11.272 127.992 11.398
202307 11.275 128.974 11.314
202310 12.498 129.810 12.460
202401 11.002 129.419 11.002

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.


Nordson  (NAS:NDSN) 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.


Nordson Cyclically Adjusted PS Ratio Related Terms

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


Nordson (Nordson) Business Description

Traded in Other Exchanges
Address
28601 Clemens Road, Westlake, OH, USA, 44145
Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.
Executives
Srinivas Subramanian officer: Executive Vice President 28601 CLEMENS ROAD, WESTLAKE OH 44145
Stephen Lovass officer: Executive Vice President C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE X1 44145
Joseph P Kelley officer: EVP and CFO 6070 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Stephen F Shamrock officer: Interim CFO 28601 CLEMENS ROAD, WESTLAKE OH 44145
Mary G Puma director AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Jeffrey A Pembroke officer: Executive Vice President C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sarah Siddiqui officer: EVP, CHRO C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Shelly Peet officer: Executive Vice President 28601 CLEMENS ROAD, WESTLAKE OH 44145
Sundaram Nagarajan director, officer: President and CEO 28601 CLEMENS ROAD, WESTLAKE OH 44145
Jennifer L Mcdonough officer: EVP, GC, and Secretary C/O NORDSON CORPORATION, 28601 CLEMENS ROAD, WESTLAKE OH 44145
Michael J Merriman director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Richey Victor L Jr director C/O ESCO TECHNOLOGIES, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Frank M Jaehnert director C/O ITRON, INC., 2111 N MOLTER ROAD, LIBERTY LAKE WA 99019
Ginger M Jones director 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Jennifer A Parmentier director 6035 PARKLAND BLVD, CLEVELAND OH 44124

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