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Marten Transport (Marten Transport) Cyclically Adjusted PS Ratio : 1.39 (As of Apr. 27, 2024)


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What is Marten Transport Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Marten Transport's current share price is $16.94. Marten Transport's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $12.17. Marten Transport's Cyclically Adjusted PS Ratio for today is 1.39.

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

MRTN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.55   Max: 2.13
Current: 1.39

During the past years, Marten Transport's highest Cyclically Adjusted PS Ratio was 2.13. The lowest was 0.81. And the median was 1.55.

MRTN's Cyclically Adjusted PS Ratio is ranked worse than
65.24% of 725 companies
in the Transportation industry
Industry Median: 0.82 vs MRTN: 1.39

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.

Marten Transport's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.066. 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 $12.17 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marten Transport Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marten Transport'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.

Marten Transport Cyclically Adjusted PS Ratio Chart

Marten Transport 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 1.63 1.87 1.69 1.74 1.73

Marten Transport Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.80 1.81 1.63 1.73 1.52

Competitive Comparison of Marten Transport's Cyclically Adjusted PS Ratio

For the Trucking subindustry, Marten Transport'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.


Marten Transport's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Marten Transport 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.

Marten Transport's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=16.94/12.17
=1.39

* 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.

Marten Transport's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Marten Transport's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.066/129.4194*129.4194
=3.066

Current CPI (Mar. 2024) = 129.4194.

Marten Transport Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.999 100.560 2.573
201409 2.037 100.428 2.625
201412 2.060 99.070 2.691
201503 1.911 99.621 2.483
201506 1.933 100.684 2.485
201509 2.025 100.392 2.611
201512 2.021 99.792 2.621
201603 1.984 100.470 2.556
201606 2.036 101.688 2.591
201609 2.084 101.861 2.648
201612 2.109 101.863 2.680
201703 2.109 102.862 2.654
201706 2.086 103.349 2.612
201709 2.073 104.136 2.576
201712 2.216 104.011 2.757
201803 2.262 105.290 2.780
201806 2.383 106.317 2.901
201809 2.411 106.507 2.930
201812 2.466 105.998 3.011
201903 2.410 107.251 2.908
201906 2.567 108.070 3.074
201909 2.599 108.329 3.105
201912 2.622 108.420 3.130
202003 2.639 108.902 3.136
202006 2.555 108.767 3.040
202009 2.594 109.815 3.057
202012 2.727 109.897 3.211
202103 2.676 111.754 3.099
202106 2.787 114.631 3.147
202109 3.014 115.734 3.370
202112 3.196 117.630 3.516
202203 3.451 121.301 3.682
202206 4.018 125.017 4.159
202209 3.988 125.227 4.122
202212 3.964 125.222 4.097
202303 3.662 127.348 3.722
202306 3.509 128.729 3.528
202309 3.432 129.860 3.420
202312 3.295 129.419 3.295
202403 3.066 129.419 3.066

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.


Marten Transport  (NAS:MRTN) 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.


Marten Transport Cyclically Adjusted PS Ratio Related Terms

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


Marten Transport (Marten Transport) Business Description

Traded in Other Exchanges
N/A
Address
129 Marten Street, Mondovi, WI, USA, 54755
Marten Transport Ltd is a temperature-sensitive truckload carrier in the United States. It is engaged in transporting and distributing food and other consumer packaged goods which requires a temperature-controlled or insulated environment. The company operates through four segments including Truckload, Dedicated, Intermodal, and Brokerage. It generates maximum revenue from the Truckload segment. The Truckload segment provides a combination of regional short-haul and medium-to-long-haul full-load transportation services.
Executives
Randall John Baier officer: Exec. VP & Chief Tech. Officer 129 MARTEN STREET, MONDOVI WI 54755
Thomas J Winkel director
Patricia L Jones director C/O 505 HIGHWAY 169 NORTH, SUITE 1000, PLYMOUTH MN 55441
Larry B Hagness director
James J Hinnendael officer: Chief Financial Officer 129 MARTEN STREET, MONDOVI WI 54755
John H Turner officer: Vice President of Sales 129 MARTEN STREET, MONDOVI WI 54755
Robert L Demorest director 2235 VALE CREST, MINNEAPOLIS MN 55422
Jerry M Bauer director
Douglas Paul Petit officer: President 129 MARTEN STREET, MONDOVI WI 54755
Timothy M Kohl officer: President 129 MARTEN STREET, MONDOVI WI 54755
Randolph L Marten director, 10 percent owner, officer: Chairman and President 129 MARTEN STREET, MONDOVI WI 54755
Kathleen P Iverson director 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Timothy P Nash officer: Exec. VP of Sales & Marketing
Ronald Richard Booth director 129 MARTEN STREET, MONDOVI WI 54755
G Larry Owens director

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