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Armstrong World Industries (BSP:AWII34) Cyclically Adjusted PS Ratio : 5.62 (As of Oct. 31, 2024)


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What is Armstrong World Industries Cyclically Adjusted PS Ratio?

As of today (2024-10-31), Armstrong World Industries's current share price is R$654.57. Armstrong World Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was R$116.39. Armstrong World Industries's Cyclically Adjusted PS Ratio for today is 5.62.

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

BSP:AWII34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.47   Max: 6.01
Current: 6.01

During the past years, Armstrong World Industries's highest Cyclically Adjusted PS Ratio was 6.01. The lowest was 0.71. And the median was 2.47.

BSP:AWII34's Cyclically Adjusted PS Ratio is ranked worse than
95.06% of 1235 companies
in the Construction industry
Industry Median: 0.68 vs BSP:AWII34: 6.01

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.

Armstrong World Industries's adjusted revenue per share data for the three months ended in Sep. 2024 was R$48.768. 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$116.39 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Armstrong World Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Armstrong World Industries'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.

Armstrong World Industries Cyclically Adjusted PS Ratio Chart

Armstrong World Industries 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 2.94 2.57 4.22 2.57 3.96

Armstrong World Industries Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.84 3.96 5.05 4.71 5.62

Competitive Comparison of Armstrong World Industries's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Armstrong World Industries'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.


Armstrong World Industries's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

* The bar in red indicates where Armstrong World Industries's Cyclically Adjusted PS Ratio falls into.



Armstrong World Industries 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.

Armstrong World Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=654.57/116.39
=5.62

* 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.

Armstrong World Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Armstrong World Industries's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=48.768/133.0289*133.0289
=48.768

Current CPI (Sep. 2024) = 133.0289.

Armstrong World Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 -30.220 99.070 -40.579
201503 31.098 99.621 41.527
201506 17.070 100.684 22.554
201509 23.454 100.392 31.079
201512 -8.901 99.792 -11.866
201603 19.115 100.470 25.309
201606 19.214 101.688 25.136
201609 19.455 101.861 25.408
201612 -6.078 101.863 -7.938
201703 12.613 102.862 16.312
201706 13.844 103.349 17.820
201709 13.695 104.136 17.495
201712 13.101 104.011 16.756
201803 13.853 105.290 17.503
201806 17.823 106.317 22.301
201809 20.623 106.507 25.759
201812 18.555 105.998 23.287
201903 18.785 107.251 23.300
201906 21.059 108.070 25.923
201909 23.061 108.329 28.319
201912 20.598 108.420 25.273
202003 25.317 108.902 30.926
202006 21.964 108.767 26.863
202009 27.709 109.815 33.566
202012 25.638 109.897 31.035
202103 29.573 111.754 35.203
202106 29.272 114.631 33.970
202109 32.270 115.734 37.092
202112 33.561 117.630 37.955
202203 29.795 121.301 32.676
202206 34.696 125.017 36.920
202209 36.967 125.227 39.270
202212 35.104 125.222 37.293
202303 35.510 127.348 37.094
202306 35.098 128.729 36.270
202309 38.458 129.860 39.397
202312 34.620 129.419 35.586
202403 36.846 131.776 37.196
202406 44.692 132.554 44.852
202409 48.768 133.029 48.768

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.


Armstrong World Industries  (BSP:AWII34) 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.


Armstrong World Industries Cyclically Adjusted PS Ratio Related Terms

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


Armstrong World Industries Business Description

Traded in Other Exchanges
Address
2500 Columbia Avenue, Lancaster, PA, USA, 17603
Armstrong World Industries Inc is engaged in the design, innovation and manufacture of ceiling and wall solutions in the Americas. The products include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. The company also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc. called Worthington Armstrong Venture (WAVE).

Armstrong World Industries Headlines

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