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Moog (MOG.B) Cyclically Adjusted PS Ratio : 1.65 (As of Apr. 28, 2024)


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What is Moog Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Moog's current share price is $155.07. Moog's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $94.12. Moog's Cyclically Adjusted PS Ratio for today is 1.65.

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

MOG.B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.22   Max: 1.79
Current: 1.79

During the past years, Moog's highest Cyclically Adjusted PS Ratio was 1.79. The lowest was 0.59. And the median was 1.22.

MOG.B's Cyclically Adjusted PS Ratio is ranked worse than
59.24% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs MOG.B: 1.79

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.

Moog's adjusted revenue per share data for the three months ended in Dec. 2023 was $26.570. 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 $94.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moog Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Moog'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.

Moog Cyclically Adjusted PS Ratio Chart

Moog Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 0.89 0.98 0.81 1.21

Moog 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 1.00 1.12 1.18 1.21 1.54

Competitive Comparison of Moog's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Moog'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.


Moog's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Moog's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Moog 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=155.07/94.12
=1.65

* 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.

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

For example, Moog'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)
=26.57/129.4194*129.4194
=26.570

Current CPI (Dec. 2023) = 129.4194.

Moog Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.145 99.695 18.362
201406 15.306 100.560 19.699
201409 15.548 100.428 20.036
201412 15.349 99.070 20.051
201503 15.937 99.621 20.704
201506 16.377 100.684 21.051
201509 16.642 100.392 21.454
201512 15.352 99.792 19.910
201603 16.656 100.470 21.455
201606 16.909 101.688 21.520
201609 17.136 101.861 21.772
201612 16.256 101.863 20.654
201703 17.452 102.862 21.958
201706 17.292 103.349 21.654
201709 17.937 104.136 22.292
201712 17.335 104.011 21.570
201803 19.045 105.290 23.410
201806 19.147 106.317 23.308
201809 19.640 106.507 23.865
201812 19.350 105.998 23.626
201903 20.397 107.251 24.613
201906 21.026 108.070 25.180
201909 21.796 108.329 26.039
201912 21.699 108.420 25.902
202003 22.719 108.902 26.999
202006 20.169 108.767 23.999
202009 21.695 109.815 25.568
202012 21.216 109.897 24.985
202103 22.781 111.754 26.382
202106 21.862 114.631 24.682
202109 22.442 115.734 25.096
202112 22.496 117.630 24.751
202203 23.996 121.301 25.602
202206 24.103 125.017 24.952
202209 23.931 125.227 24.732
202212 23.846 125.222 24.645
202303 26.114 127.348 26.539
202306 26.512 128.729 26.654
202309 27.090 129.860 26.998
202312 26.570 129.419 26.570

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.


Moog  (NYSE:MOG.B) 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.


Moog Cyclically Adjusted PS Ratio Related Terms

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


Moog (MOG.B) Business Description

Traded in Other Exchanges
Address
400 Jamison Road, East Aurora, New York, NY, USA, 14052-0018
Moog Inc is a manufacturer of precision motion and fluid controls systems for the aerospace and defense markets. It has a diversified product range and operates in three segments: Aircraft Controls, Space and Defense Controls, and Industrial Systems. The company has a wide sales and marketing reach with sales staff being the main contact with customers. Additionally, it will use manufacturers' representatives and distributors to market in certain segments. Sales under United States government contracts represent approximately one third of total revenue. Although over half of total sales originate in the United States, the company serves many European and Asian nations.