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Johnson Matthey (Johnson Matthey) Cyclically Adjusted PS Ratio : 0.23 (As of Apr. 27, 2024)


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What is Johnson Matthey Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Johnson Matthey's current share price is $43.555. Johnson Matthey's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was $191.38. Johnson Matthey's Cyclically Adjusted PS Ratio for today is 0.23.

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

JMPLY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.53   Max: 0.84
Current: 0.23

During the past 13 years, Johnson Matthey's highest Cyclically Adjusted PS Ratio was 0.84. The lowest was 0.19. And the median was 0.53.

JMPLY's Cyclically Adjusted PS Ratio is ranked better than
92.86% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs JMPLY: 0.23

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 Matthey's adjusted revenue per share data of for the fiscal year that ended in Mar23 was $197.130. 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 $191.38 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Matthey Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Johnson Matthey'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 Matthey Cyclically Adjusted PS Ratio Chart

Johnson Matthey Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.29 0.47 0.27 0.26

Johnson Matthey Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.27 - 0.26 -

Competitive Comparison of Johnson Matthey's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Johnson Matthey'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 Matthey's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.555/191.38
=0.23

* 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 Matthey's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Johnson Matthey's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=197.13/126.8000*126.8000
=197.130

Current CPI (Mar23) = 126.8000.

Johnson Matthey Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 192.486 99.300 245.793
201503 156.488 99.600 199.224
201603 152.053 100.400 192.035
201703 154.557 102.700 190.826
201803 149.290 105.100 180.114
201903 146.940 107.000 174.131
202003 187.192 108.600 218.563
202103 221.874 109.700 256.460
202203 219.754 116.500 239.183
202303 197.130 126.800 197.130

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 Matthey  (OTCPK:JMPLY) 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 Matthey Cyclically Adjusted PS Ratio Related Terms

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


Johnson Matthey (Johnson Matthey) Business Description

Traded in Other Exchanges
Address
25 Farringdon Street, 5th Floor, London, GBR, EC4A 4AB
Based in the U.K., Johnson Matthey is a global leader in production of emissions catalysts for automobiles and trucks. The company also manufactures industrial catalysts for the chemicals and oil and gas sectors, and a variety of other industrial products derived from platinum-group metals. The company is seeking to be a leader in hydrogen technologies.

Johnson Matthey (Johnson Matthey) Headlines

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