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Mettler-Toledo International (Mettler-Toledo International) Cyclically Adjusted PS Ratio : 10.31 (As of May. 15, 2024)


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What is Mettler-Toledo International Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Mettler-Toledo International's current share price is $1496.14. Mettler-Toledo International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $145.11. Mettler-Toledo International's Cyclically Adjusted PS Ratio for today is 10.31.

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

MTD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.68   Med: 7.59   Max: 14.6
Current: 10.07

During the past years, Mettler-Toledo International's highest Cyclically Adjusted PS Ratio was 14.60. The lowest was 3.68. And the median was 7.59.

MTD's Cyclically Adjusted PS Ratio is ranked worse than
87.31% of 134 companies
in the Medical Diagnostics & Research industry
Industry Median: 2.325 vs MTD: 10.07

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.

Mettler-Toledo International's adjusted revenue per share data for the three months ended in Mar. 2024 was $42.981. 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 $145.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mettler-Toledo International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mettler-Toledo International'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.

Mettler-Toledo International Cyclically Adjusted PS Ratio Chart

Mettler-Toledo International 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 8.41 11.22 14.60 10.98 8.47

Mettler-Toledo International 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 11.26 9.41 7.79 8.47 9.17

Competitive Comparison of Mettler-Toledo International's Cyclically Adjusted PS Ratio

For the Diagnostics & Research subindustry, Mettler-Toledo International'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.


Mettler-Toledo International's Cyclically Adjusted PS Ratio Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Mettler-Toledo International's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mettler-Toledo International's Cyclically Adjusted PS Ratio falls into.



Mettler-Toledo International 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.

Mettler-Toledo International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1496.14/145.11
=10.31

* 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.

Mettler-Toledo International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mettler-Toledo International'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)
=42.981/129.4194*129.4194
=42.981

Current CPI (Mar. 2024) = 129.4194.

Mettler-Toledo International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.464 100.560 26.337
201409 21.391 100.428 27.566
201412 24.014 99.070 31.371
201503 18.625 99.621 24.196
201506 20.452 100.684 26.289
201509 21.490 100.392 27.704
201512 24.273 99.792 31.479
201603 19.681 100.470 25.352
201606 22.410 101.688 28.521
201609 24.196 101.861 30.742
201612 26.645 101.863 33.853
201703 22.364 102.862 28.138
201706 24.722 103.349 30.958
201709 26.566 104.136 33.016
201712 29.656 104.011 36.901
201803 25.323 105.290 31.126
201806 27.912 106.317 33.977
201809 28.612 106.507 34.767
201812 32.087 105.998 39.177
201903 26.844 107.251 32.393
201906 29.117 108.070 34.869
201909 30.300 108.329 36.199
201912 34.324 108.420 40.972
202003 26.656 108.902 31.678
202006 28.506 108.767 33.919
202009 33.327 109.815 39.277
202012 39.115 109.897 46.064
202103 33.961 111.754 39.329
202106 39.297 114.631 44.367
202109 40.692 115.734 45.504
202112 44.668 117.630 49.145
202203 38.967 121.301 41.575
202206 42.870 125.017 44.380
202209 43.602 125.227 45.062
202212 47.199 125.222 48.781
202303 41.735 127.348 42.414
202306 44.478 128.729 44.717
202309 43.062 129.860 42.916
202312 43.119 129.419 43.119
202403 42.981 129.419 42.981

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.


Mettler-Toledo International  (NYSE:MTD) 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.


Mettler-Toledo International Cyclically Adjusted PS Ratio Related Terms

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


Mettler-Toledo International (Mettler-Toledo International) Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.
Executives
Roland D Diggelmann director 3950 SOUTH COUNTRY CLUB ROAD, SUITE 470, TUCSON AZ 85714
Wolfgang Wienand director IM LANGACHER 44, GREIFENSEE V8 8606
Gerry Keller officer: Head of Process Analytics 1900 POLARIS PKWY, COLUMBUS OH 43240
Wong Ann Ping Richard officer: Head of Asia/Pac Market Orgs IM LANGACHER 44, GREIFENSEE V8 8606
Shawn Vadala officer: Chief Financial Officer 1900 POLARIS PKWY, COLUMBUS OH 43240
Wah-hui Chu director IM LANGACHER, GREIFENSEE V8 8606
Oliver A Filliol director METTLER TOLEDO INTL INC, IM LANGACHER 44, GREIFENSEE V8 8606
Christian Magloth officer: Head of Human Resources IM LANGACHER, GREIFENSEE V8 8608
Robert F Spoerry director METTLER TOLEDO INTL INC, IM LANGACHER, GREIFENSEE V8 99999
Peter Aggersbjerg officer: Head of Divisions & Operations 1900 POLARIS PKWY, COLUMBUS OH 43240
Ingrid Zhang director IM LANGACHER 44, GREIFENSEE V8 8606
De La Guerroniere Marc officer: Head of Eur & NA Market Orgs IM LANGACHER, GREIFENSEE V8 8606
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Michael A Kelly director 1900 POLARIS PKWY, COLUMBUS OH 43240
Patrick Kaltenbach officer: President and CEO IM LANGACHER 44, GREIFENSEE V8 8606