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Titan Machinery (Titan Machinery) Cyclically Adjusted PS Ratio : 0.26 (As of Apr. 28, 2024)


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What is Titan Machinery Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Titan Machinery's current share price is $22.70. Titan Machinery's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $86.93. Titan Machinery's Cyclically Adjusted PS Ratio for today is 0.26.

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

TITN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.22   Max: 0.55
Current: 0.26

During the past years, Titan Machinery's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.10. And the median was 0.22.

TITN's Cyclically Adjusted PS Ratio is ranked better than
77.42% of 124 companies
in the Industrial Distribution industry
Industry Median: 0.55 vs TITN: 0.26

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.

Titan Machinery's adjusted revenue per share data for the three months ended in Jan. 2024 was $37.844. 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 $86.93 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Titan Machinery Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Titan Machinery'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.

Titan Machinery Cyclically Adjusted PS Ratio Chart

Titan Machinery Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.26 0.36 0.51 0.31

Titan Machinery Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.51 0.36 0.36 0.28 0.31

Competitive Comparison of Titan Machinery's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, Titan Machinery'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.


Titan Machinery's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Titan Machinery's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Titan Machinery 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.

Titan Machinery's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.70/86.93
=0.26

* 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.

Titan Machinery's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Titan Machinery's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=37.844/129.4194*129.4194
=37.844

Current CPI (Jan. 2024) = 129.4194.

Titan Machinery Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 22.217 100.023 28.746
201407 21.490 100.520 27.668
201410 23.369 100.176 30.191
201501 23.337 98.604 30.630
201504 16.784 99.824 21.760
201507 15.751 100.691 20.245
201510 16.259 100.346 20.970
201601 15.850 99.957 20.522
201604 13.435 100.947 17.224
201607 13.126 101.524 16.733
201610 15.622 101.988 19.824
201701 14.209 102.456 17.948
201704 12.358 103.167 15.503
201707 12.479 103.278 15.638
201710 15.263 104.070 18.981
201801 15.200 104.578 18.811
201804 11.213 105.708 13.728
201807 13.615 106.324 16.572
201810 16.524 106.695 20.043
201901 16.463 106.200 20.062
201904 12.724 107.818 15.273
201907 14.341 108.250 17.146
201910 16.424 108.577 19.577
202001 15.963 108.841 18.981
202004 14.093 108.173 16.861
202007 13.720 109.318 16.243
202010 16.302 109.861 19.204
202101 19.721 110.364 23.126
202104 16.804 112.673 19.302
202107 16.952 115.183 19.047
202110 20.429 116.696 22.656
202201 22.785 118.619 24.860
202204 20.654 121.978 21.914
202207 22.175 125.002 22.959
202210 29.857 125.734 30.732
202301 26.021 126.223 26.680
202304 25.376 127.992 25.659
202307 28.579 128.974 28.678
202310 30.826 129.810 30.733
202401 37.844 129.419 37.844

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.


Titan Machinery  (NAS:TITN) 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.


Titan Machinery Cyclically Adjusted PS Ratio Related Terms

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


Titan Machinery (Titan Machinery) Business Description

Traded in Other Exchanges
Address
644 East Beaton Drive, West Fargo, ND, USA, 58078-2648
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the International segment sells services, rents machinery, and related parts.
Executives
Stan K. Erickson director 10380 28TH AVENUE NORTH, MINNEAPOLIS MN 55441
Robert Larsen officer: Chief Financial Officer 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Frank Anglin director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Tony Christianson director
David Joseph Meyer director, officer: Chairman and CEO 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Bryan J Knutson officer: Chief Operating Officer C/O TITAN MACHINERY INC., 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Mark P. Kalvoda officer: Chief Financial Officer 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Bradley Crews director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Christine E Hamilton director 225 S MAIN AVE, P O BOX 5000, SIOUX FALLS SD 57117
John W Henderson director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Jody L Horner director C/O TITAN MACHINERY, 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Richard L Mack director 9590 SKY LANE, EDEN PRAIRIE MN 55347
Theodore M Crosbie director 644 EAST BEATON DRIVE, WEST FARGO ND 58078
Peter J. Christianson director, officer: President and CFO 644 EAST BEATON DRIVE, WEST FARGO ND 58078
James Irwin director 10543 EAST MARK LANE, SCOTTSDALE AZ 85262

Titan Machinery (Titan Machinery) Headlines