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Matson (Matson) Cyclically Adjusted PS Ratio : 1.52 (As of Apr. 27, 2024)


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What is Matson Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Matson's current share price is $108.94. Matson's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $71.60. Matson's Cyclically Adjusted PS Ratio for today is 1.52.

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

MATX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.89   Max: 2.18
Current: 1.53

During the past years, Matson's highest Cyclically Adjusted PS Ratio was 2.18. The lowest was 0.54. And the median was 0.89.

MATX's Cyclically Adjusted PS Ratio is ranked worse than
67.72% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs MATX: 1.53

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.

Matson's adjusted revenue per share data for the three months ended in Dec. 2023 was $22.285. 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 $71.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matson Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Matson'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.

Matson Cyclically Adjusted PS Ratio Chart

Matson 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 0.90 1.20 1.62 0.95 1.53

Matson 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 0.95 0.88 1.12 1.25 1.53

Competitive Comparison of Matson's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Matson'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.


Matson's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Matson 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=108.94/71.6
=1.52

* 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.

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

For example, Matson'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)
=22.285/129.4194*129.4194
=22.285

Current CPI (Dec. 2023) = 129.4194.

Matson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.065 99.695 11.768
201406 10.102 100.560 13.001
201409 10.180 100.428 13.119
201412 10.149 99.070 13.258
201503 9.071 99.621 11.784
201506 10.173 100.684 13.076
201509 12.370 100.392 15.947
201512 11.245 99.792 14.583
201603 10.370 100.470 13.358
201606 10.776 101.688 13.715
201609 11.583 101.861 14.717
201612 11.938 101.863 15.168
201703 10.931 102.862 13.753
201706 11.836 103.349 14.822
201709 12.590 104.136 15.647
201712 12.030 104.011 14.969
201803 11.921 105.290 14.653
201806 12.956 106.317 15.771
201809 13.675 106.507 16.617
201812 13.137 105.998 16.040
201903 12.353 107.251 14.906
201906 12.914 108.070 15.465
201909 13.212 108.329 15.784
201912 12.401 108.420 14.803
202003 11.868 108.902 14.104
202006 12.104 108.767 14.402
202009 14.832 109.815 17.480
202012 15.984 109.897 18.823
202103 16.251 111.754 18.820
202106 19.975 114.631 22.552
202109 24.691 115.734 27.611
202112 30.384 117.630 33.429
202203 28.289 121.301 30.182
202206 31.449 125.017 32.557
202209 28.881 125.227 29.848
202212 21.548 125.222 22.270
202303 19.416 127.348 19.732
202306 21.664 128.729 21.780
202309 23.442 129.860 23.363
202312 22.285 129.419 22.285

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.


Matson  (NYSE:MATX) 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.


Matson Cyclically Adjusted PS Ratio Related Terms

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


Matson (Matson) Business Description

Industry
Traded in Other Exchanges
Address
1411 Sand Island Parkway, Honolulu, HI, USA, 96819
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are ocean transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and logistics which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from ocean transportation.
Executives
Grace M Cerocke officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Richard S Kinney officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Laura L Rascon officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Christopher A Scott officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Angoco Vic S Jr officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Matthew J Cox officer: CFO of wholly-owned subsidiary 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Kuuhaku T Park officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Peter T Heilmann officer: SVP & Chief Legal Officer 555 12TH STREET, OAKLAND CA 94607
Leonard P Isotoff officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Mark H Fukunaga director MATSON, INC., 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
John P Lauer officer: Senior Vice President 555 12TH STREET, OAKLAND CA 94607
Kevin L Stuck officer: VP and Controller 426 N. 44TH STREET, 2ND FL., PHOENIX AZ 85008
Rusty K Rolfe officer: Senior Vice President, other: President of Matson Logistics 1855 GATEWAY BOULEVARD, CONCORD CA 94520
Jenai S Wall director 999 BISHOP STREET, HONOLULU HI 96813
Thomas B Fargo director P.O. BOX 730, HONOLULU HI 96808