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Balfour Beatty (Balfour Beatty) Cyclically Adjusted PS Ratio : 0.27 (As of May. 01, 2024)


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What is Balfour Beatty Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Balfour Beatty's current share price is $4.145. Balfour Beatty's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $15.40. Balfour Beatty's Cyclically Adjusted PS Ratio for today is 0.27.

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

BAFBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.2   Max: 0.32
Current: 0.28

During the past 13 years, Balfour Beatty's highest Cyclically Adjusted PS Ratio was 0.32. The lowest was 0.11. And the median was 0.20.

BAFBF's Cyclically Adjusted PS Ratio is ranked better than
74.26% of 1251 companies
in the Construction industry
Industry Median: 0.65 vs BAFBF: 0.28

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.

Balfour Beatty's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $17.876. 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 $15.40 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balfour Beatty Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Balfour Beatty'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.

Balfour Beatty Cyclically Adjusted PS Ratio Chart

Balfour Beatty 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 0.21 0.23 0.22 0.27 0.26

Balfour Beatty Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.22 - 0.27 - 0.26

Competitive Comparison of Balfour Beatty's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Balfour Beatty'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.


Balfour Beatty's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Balfour Beatty's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Balfour Beatty 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.

Balfour Beatty's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.145/15.4
=0.27

* 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.

Balfour Beatty's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Balfour Beatty's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=17.876/130.0000*130.0000
=17.876

Current CPI (Dec23) = 130.0000.

Balfour Beatty Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 16.571 99.900 21.564
201512 15.266 100.400 19.767
201612 12.636 102.200 16.073
201712 13.475 105.000 16.683
201812 12.223 107.100 14.837
201912 13.911 108.500 16.668
202012 14.259 109.400 16.944
202112 14.389 114.700 16.308
202212 14.988 125.300 15.550
202312 17.876 130.000 17.876

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.


Balfour Beatty  (OTCPK:BAFBF) 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.


Balfour Beatty Cyclically Adjusted PS Ratio Related Terms

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Balfour Beatty (Balfour Beatty) Business Description

Traded in Other Exchanges
Address
5 Churchill Place, Canary Wharf, London, GBR, E14 5HU
Balfour Beatty PLC finances, builds, and maintains infrastructure projects. It develops projects in energy, water, communications, transportation, and other industrial markets. In addition, the company manages construction businesses and provides maintenance and management services in power transmission, utilities infrastructure, road, and rail. Some projects are granted through concessions by government authorities. Balfour Beatty operates three business segments: Construction services (majority of total revenue), Support services, and Infrastructure investments. It will invest directly in infrastructure assets when there are opportunities to manage the projects upon completion and create recurring revenue. The majority of sales are derived from the United Kingdom and the United States.

Balfour Beatty (Balfour Beatty) Headlines