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As of today (2024-04-29), MYR Group's current share price is $170.15. MYR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $129.74. MYR Group's Cyclically Adjusted PS Ratio for today is 1.31.
The historical rank and industry rank for MYR Group's Cyclically Adjusted PS Ratio or its related term are showing as below:
During the past years, MYR Group's highest Cyclically Adjusted PS Ratio was 1.37. The lowest was 0.30. And the median was 0.70.
MYRG's Cyclically Adjusted PS Ratio is ranked worse thanThe 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.
MYR Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $59.473. 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 $129.74 for the trailing ten years ended in Dec. 2023.
The historical data trend for MYR Group'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.
MYR Group 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 | 0.84 | 1.09 | 1.15 | 1.07 | 1.11 |
For the Engineering & Construction subindustry, MYR Group'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.
For the Construction industry and Industrials sector, MYR Group's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where MYR Group's Cyclically Adjusted PS Ratio falls into.
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.
MYR Group's Cyclically Adjusted PS Ratio for today is calculated as
Cyclically Adjusted PS Ratio | = | Share Price | / | Cyclically Adjusted Revenue per Share |
= | 170.15 | / | 129.74 | |
= | 1.31 |
* 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.
MYR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:
For example, MYR Group'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) |
= | 59.473 | / | 129.4194 | * | 129.4194 | |
= | 59.473 |
Current CPI (Dec. 2023) = 129.4194.
MYR Group Quarterly Data
Revenue per Share | CPI | Adj_RevenuePerShare | |
201403 | 10.024 | 99.695 | 13.013 |
201406 | 10.581 | 100.560 | 13.618 |
201409 | 11.546 | 100.428 | 14.879 |
201412 | 11.807 | 99.070 | 15.424 |
201503 | 11.597 | 99.621 | 15.066 |
201506 | 13.033 | 100.684 | 16.753 |
201509 | 12.721 | 100.392 | 16.399 |
201512 | 13.030 | 99.792 | 16.898 |
201603 | 12.918 | 100.470 | 16.640 |
201606 | 14.816 | 101.688 | 18.856 |
201609 | 17.510 | 101.861 | 22.247 |
201612 | 20.964 | 101.863 | 26.635 |
201703 | 18.243 | 102.862 | 22.953 |
201706 | 21.583 | 103.349 | 27.027 |
201709 | 22.672 | 104.136 | 28.177 |
201712 | 22.560 | 104.011 | 28.071 |
201803 | 20.921 | 105.290 | 25.716 |
201806 | 20.472 | 106.317 | 24.921 |
201809 | 24.025 | 106.507 | 29.193 |
201812 | 26.888 | 105.998 | 32.829 |
201903 | 28.100 | 107.251 | 33.908 |
201906 | 26.866 | 108.070 | 32.174 |
201909 | 34.894 | 108.329 | 41.687 |
201912 | 34.155 | 108.420 | 40.770 |
202003 | 30.968 | 108.902 | 36.803 |
202006 | 30.603 | 108.767 | 36.414 |
202009 | 36.009 | 109.815 | 42.437 |
202012 | 35.417 | 109.897 | 41.709 |
202103 | 34.760 | 111.754 | 40.255 |
202106 | 37.931 | 114.631 | 42.824 |
202109 | 35.544 | 115.734 | 39.747 |
202112 | 37.456 | 117.630 | 41.210 |
202203 | 37.158 | 121.301 | 39.645 |
202206 | 41.483 | 125.017 | 42.944 |
202209 | 47.460 | 125.227 | 49.049 |
202212 | 51.463 | 125.222 | 53.188 |
202303 | 48.242 | 127.348 | 49.027 |
202306 | 52.865 | 128.729 | 53.149 |
202309 | 55.825 | 129.860 | 55.636 |
202312 | 59.473 | 129.419 | 59.473 |
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.
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.
Thank you for viewing the detailed overview of MYR Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Swartz Richard S. Jr. | officer: Group VP | MYR GROUP INC., 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL 60008-4210 |
William Fry | officer: VP, CLO and Secretary | 10370 RICHMOND AVE, SUITE 600, HOUSTON TX 77042 |
Don A. Egan | officer: SVP and COO C&I | 12121 GRANT STREET, SUITE 610, THORNTON CO 80241 |
Maurice E. Moore | director | 1100 LATHROP AVENUE, RIVER FOREST IL 60305 |
Betty R. Johnson | director | 1115 CENTRAL AVE #239, NAPLES FL 34103 |
Jennifer Elaine Lowry | director | 2 HOLLINS AVE, BALTIMORE MD 21210 |
Jeffrey J. Waneka | officer: SVP and COO C&I | 1701 GOLF ROAD, SUITE 3-1012, ROLLING MEADOWS IL 60008 |
Tod M. Cooper | officer: Senior Vice President | 1701 GOLF RD, SUITE 3-1012, ROLLING MEADOWS IL 60008 |
Bradley Thede Favreau | director | 438 CLEARMONT AVE, APT C, BROOKLYN NY 11238 |
Kelly Michelle Huntington | officer: Senior VP | 7575 NORTH PENNSYLVANIA STREET, INDIANAPOLIS IN 46240 |
Ajoy Hari Karna | director | 2501 M ST NW, UNIT 508, WASHINGTON DC 20037 |
William A Koertner | director, officer: Chairman, President and CEO | MYR GROUP INC., 1701 GOLF ROAD SUITE 3-1012, ROLLING MEADOWS IL 60008-4210 |
Shirin O'connor | director | 3054 CREEKSIDE DRIVE, SENECA SC 29672 |
William Patterson | director | 60 ARDMORE ROAD, HO-HO-KUS NJ 07423 |
Gary Ronald Johnson | director | 6599 PINNACLE DRIVE, EDEN PRAIRIE MN 55346 |
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