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A.O. Smith (BSP:A1OS34) Cyclically Adjusted PS Ratio : 2.17 (As of Jun. 04, 2025)


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What is A.O. Smith Cyclically Adjusted PS Ratio?

As of today (2025-06-04), A.O. Smith's current share price is R$361.08. A.O. Smith's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$166.06. A.O. Smith's Cyclically Adjusted PS Ratio for today is 2.17.

The historical rank and industry rank for A.O. Smith's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:A1OS34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.39   Med: 3.46   Max: 4.88
Current: 2.66

During the past years, A.O. Smith's highest Cyclically Adjusted PS Ratio was 4.88. The lowest was 2.39. And the median was 3.46.

BSP:A1OS34's Cyclically Adjusted PS Ratio is ranked worse than
65.15% of 2046 companies
in the Industrial Products industry
Industry Median: 1.73 vs BSP:A1OS34: 2.66

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.

A.O. Smith's adjusted revenue per share data for the three months ended in Mar. 2025 was R$38.434. 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 R$166.06 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


A.O. Smith Cyclically Adjusted PS Ratio Historical Data

The historical data trend for A.O. Smith'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.

A.O. Smith Cyclically Adjusted PS Ratio Chart

A.O. Smith Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.53 4.85 2.87 3.81 2.95

A.O. Smith Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.01 3.60 3.91 2.95 2.76

Competitive Comparison of A.O. Smith's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, A.O. Smith'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.


A.O. Smith's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A.O. Smith's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where A.O. Smith's Cyclically Adjusted PS Ratio falls into.


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A.O. Smith 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.

A.O. Smith's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=361.08/166.06
=2.17

* 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.

A.O. Smith's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, A.O. Smith's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=38.434/134.9266*134.9266
=38.434

Current CPI (Mar. 2025) = 134.9266.

A.O. Smith Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 11.319 100.684 15.169
201509 13.651 100.392 18.347
201512 13.993 99.792 18.920
201603 13.246 100.470 17.789
201606 12.901 101.688 17.118
201609 12.602 101.861 16.693
201612 13.307 101.863 17.626
201703 13.193 102.862 17.306
201706 13.910 103.349 18.160
201709 13.473 104.136 17.457
201712 14.574 104.011 18.906
201803 14.905 105.290 19.100
201806 18.192 106.317 23.087
201809 18.005 106.507 22.809
201812 18.493 105.998 23.540
201903 16.994 107.251 21.379
201906 17.557 108.070 21.920
201909 18.121 108.329 22.570
201912 18.775 108.420 23.365
202003 19.104 108.902 23.669
202006 21.240 108.767 26.348
202009 25.258 109.815 31.034
202012 26.361 109.897 32.365
202103 26.620 111.754 32.140
202106 26.733 114.631 31.466
202109 30.058 115.734 35.043
202112 35.149 117.630 40.318
202203 30.732 121.301 34.184
202206 31.128 125.017 33.595
202209 29.560 125.227 31.850
202212 32.066 125.222 34.551
202303 33.137 127.348 35.109
202306 30.773 128.729 32.255
202309 30.620 129.860 31.815
202312 32.402 129.419 33.781
202403 32.868 131.776 33.654
202406 37.378 132.554 38.047
202409 34.072 133.029 34.558
202412 38.193 133.157 38.701
202503 38.434 134.927 38.434

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.


A.O. Smith  (BSP:A1OS34) 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.


A.O. Smith Cyclically Adjusted PS Ratio Related Terms

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


A.O. Smith Business Description

Traded in Other Exchanges
Address
11270 West Park Place, Suite 170, Milwaukee, WI, USA, 53224
A.O. Smith manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments: North America (75% of sales) and rest of world (25% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for the residential and commercial markets, with approximately 37% and 54% market share, respectively. Residential water heaters account for most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered during the mid-1990s.

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