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Douglas Dynamics (Douglas Dynamics) Cyclically Adjusted PS Ratio : 0.89 (As of Apr. 30, 2024)


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What is Douglas Dynamics Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Douglas Dynamics's current share price is $22.49. Douglas Dynamics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $25.29. Douglas Dynamics's Cyclically Adjusted PS Ratio for today is 0.89.

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

PLOW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.87   Med: 2.13   Max: 3.54
Current: 0.88

During the past years, Douglas Dynamics's highest Cyclically Adjusted PS Ratio was 3.54. The lowest was 0.87. And the median was 2.13.

PLOW's Cyclically Adjusted PS Ratio is ranked worse than
56.83% of 989 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs PLOW: 0.88

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.

Douglas Dynamics's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.841. 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 $25.29 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Douglas Dynamics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Douglas Dynamics'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.

Douglas Dynamics Cyclically Adjusted PS Ratio Chart

Douglas Dynamics 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 3.38 2.44 1.95 1.56 1.17

Douglas Dynamics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.56 1.34 1.21 1.20 1.17

Competitive Comparison of Douglas Dynamics's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Douglas Dynamics'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.


Douglas Dynamics's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Douglas Dynamics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Douglas Dynamics 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.

Douglas Dynamics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.49/25.29
=0.89

* 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.

Douglas Dynamics's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Douglas Dynamics's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.841/129.4194*129.4194
=5.841

Current CPI (Dec. 2023) = 129.4194.

Douglas Dynamics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.645 99.695 2.135
201406 3.975 100.560 5.116
201409 3.548 100.428 4.572
201412 4.503 99.070 5.882
201503 2.420 99.621 3.144
201506 4.793 100.684 6.161
201509 5.389 100.392 6.947
201512 5.309 99.792 6.885
201603 2.176 100.470 2.803
201606 5.056 101.688 6.435
201609 5.492 101.861 6.978
201612 5.784 101.863 7.349
201703 3.206 102.862 4.034
201706 6.165 103.349 7.720
201709 5.545 104.136 6.891
201712 6.104 104.011 7.595
201803 3.711 105.290 4.561
201806 7.195 106.317 8.758
201809 5.493 106.507 6.675
201812 6.680 105.998 8.156
201903 4.100 107.251 4.947
201906 7.725 108.070 9.251
201909 6.214 108.329 7.424
201912 7.022 108.420 8.382
202003 2.989 108.902 3.552
202006 5.252 108.767 6.249
202009 5.847 109.815 6.891
202012 6.919 109.897 8.148
202103 4.512 111.754 5.225
202106 6.854 114.631 7.738
202109 5.551 115.734 6.207
202112 6.655 117.630 7.322
202203 4.464 121.301 4.763
202206 8.188 125.017 8.476
202209 7.257 125.227 7.500
202212 6.983 125.222 7.217
202303 3.603 127.348 3.662
202306 9.021 128.729 9.069
202309 6.270 129.860 6.249
202312 5.841 129.419 5.841

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.


Douglas Dynamics  (NYSE:PLOW) 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.


Douglas Dynamics Cyclically Adjusted PS Ratio Related Terms

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


Douglas Dynamics (Douglas Dynamics) Business Description

Traded in Other Exchanges
Address
11270 W Park Place, Suite 300, Milwaukee, WI, USA, 53224
Douglas Dynamics Inc is a manufacturer and upfitter of commercial vehicle attachments and equipment. The Company's portfolio includes snow and ice management attachments sold under the BLIZZARD, FISHER, HENDERSON, SNOWEX and WESTERN brands, turf care equipment under the TURFEX brand and industrial maintenance equipment under the SWEEPEX brand. The Company's portfolio also includes the upfit of attachments and storage solutions under the HENDERSON brand, and the DEJANA brand and its related sub-brands. The Company also leases fifteen manufacturing and upfit and service facilities located in Iowa, Maryland, Missouri, New Jersey, New York, Ohio, Pennsylvania, and Rhode Island. The Company conducts business in two segments: Work Truck Attachments and Work Truck Solutions.
Executives
Robert L Mccormick officer: President and CEO C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
James L Janik director C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Genderen Mark Van officer: President - Work Truck Attm. C/O DOUGLAS DYNAMICS, INC., 11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Linda R Evans officer: VP of Human Resources 7777 N 73RD STREET, MILWAUKEE WI 53223
Jon J Sisulak officer: Controller 7777 N 73RD STREET, MILWAUKEE WI 53223
Sarah C Lauber officer: CFO and Secretary 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Joher Akolawala director 11270 W. PARK PLACE, SUITE 300, MILWAUKEE WI 53224
Keith Hagelin officer: VP, Operations C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Jonathon P. Sievert officer: President - Henderson Products C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53223
Lisa R Bacus director 1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Andrew Dejana officer: * See Remarks below C/O DOUGLAS DYNAMICS, INC., 777 NORTH 73RD STREET, MILWAUKEE WI 53223
Robert J Young officer: Controller C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Mark Adamson officer: VP, Sales and Marketing C/O DOUGLAS DYNAMICS, INC., 7777 NORTH 73RD STREET, MILWAUKEE WI 53233
Michael W Wickham director C/O ROADWAY CORP, 1077 GORGE BLVD, AKRON OH 44310
Margaret S Dano director FLEETWOOD ENTERPRISES INC, 3125 MYERS STREET PO BOX 7638, RIVERSIDE CA 92513-7638

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