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AirBoss of America (AirBoss of America) Cyclically Adjusted PS Ratio : 0.25 (As of Apr. 27, 2024)


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What is AirBoss of America Cyclically Adjusted PS Ratio?

As of today (2024-04-27), AirBoss of America's current share price is $4.15. AirBoss of America's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $16.75. AirBoss of America's Cyclically Adjusted PS Ratio for today is 0.25.

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

ABSSF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.92   Max: 2.5
Current: 0.24

During the past years, AirBoss of America's highest Cyclically Adjusted PS Ratio was 2.50. The lowest was 0.17. And the median was 0.92.

ABSSF's Cyclically Adjusted PS Ratio is ranked better than
92.1% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs ABSSF: 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.

AirBoss of America's adjusted revenue per share data for the three months ended in Dec. 2023 was $3.418. 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 $16.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AirBoss of America Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AirBoss of America'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.

AirBoss of America Cyclically Adjusted PS Ratio Chart

AirBoss of America 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 0.58 0.94 2.44 0.35 0.22

AirBoss of America 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 0.35 0.36 0.31 0.19 0.22

Competitive Comparison of AirBoss of America's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, AirBoss of America'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.


AirBoss of America's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AirBoss of America's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AirBoss of America 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.

AirBoss of America's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.15/16.75
=0.25

* 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.

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

For example, AirBoss of America'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)
=3.418/125.4675*125.4675
=3.418

Current CPI (Dec. 2023) = 125.4675.

AirBoss of America Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.110 98.604 3.957
201406 3.457 99.473 4.360
201409 3.207 99.394 4.048
201412 3.408 98.367 4.347
201503 3.279 99.789 4.123
201506 3.269 100.500 4.081
201509 3.279 100.421 4.097
201512 3.120 99.947 3.917
201603 3.002 101.054 3.727
201606 2.863 102.002 3.522
201609 2.831 101.765 3.490
201612 2.682 101.449 3.317
201703 2.978 102.634 3.641
201706 3.147 103.029 3.832
201709 3.057 103.345 3.711
201712 3.168 103.345 3.846
201803 3.457 105.004 4.131
201806 3.480 105.557 4.136
201809 3.309 105.636 3.930
201812 3.269 105.399 3.891
201903 3.524 106.979 4.133
201906 3.524 107.690 4.106
201909 3.291 107.611 3.837
201912 3.657 107.769 4.258
202003 4.027 107.927 4.681
202006 4.604 108.401 5.329
202009 6.616 108.164 7.674
202012 4.891 108.559 5.653
202103 3.816 110.298 4.341
202106 4.175 111.720 4.689
202109 3.949 112.905 4.388
202112 8.808 113.774 9.713
202203 5.112 117.646 5.452
202206 3.921 120.806 4.072
202209 3.864 120.648 4.018
202212 4.335 120.964 4.496
202303 4.226 122.702 4.321
202306 4.206 124.203 4.249
202309 3.767 125.230 3.774
202312 3.418 125.468 3.418

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.


AirBoss of America  (OTCPK:ABSSF) 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.


AirBoss of America Cyclically Adjusted PS Ratio Related Terms

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


AirBoss of America (AirBoss of America) Business Description

Traded in Other Exchanges
Address
16441 Yonge Street, Newmarket, ON, CAN, L3X 2G8
AirBoss of America Corp is a Canada-based manufacturer of rubber-based products for the resource, military, automotive and industrial markets. It operates in three segments, 1) The Rubber Solutions segment includes the manufacturing and distribution of rubber compounds and distribution of rubber compounding-related chemicals. 2) The Engineered Products segment includes the manufacture and distribution of anti-noise, vibration, and harshness dampening parts. 3) The AirBoss Defense Group is engaged in the manufacturing and distributing of personal protection and safety products and the manufacture of semi-finished rubber-related products. The Company operates manufacturing facilities and sales offices in the United States and Canada, selling in North American markets.

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