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Taurus Armas (BSP:TASA3) Cyclically Adjusted PS Ratio : 0.52 (As of May. 21, 2024)


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What is Taurus Armas Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Taurus Armas's current share price is R$12.26. Taurus Armas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$23.53. Taurus Armas's Cyclically Adjusted PS Ratio for today is 0.52.

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

BSP:TASA3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.35   Max: 0.65
Current: 0.51

During the past years, Taurus Armas's highest Cyclically Adjusted PS Ratio was 0.65. The lowest was 0.03. And the median was 0.35.

BSP:TASA3's Cyclically Adjusted PS Ratio is ranked better than
78.97% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.545 vs BSP:TASA3: 0.51

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.

Taurus Armas's adjusted revenue per share data for the three months ended in Dec. 2023 was R$3.311. 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$23.53 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taurus Armas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taurus Armas'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.

Taurus Armas Cyclically Adjusted PS Ratio Chart

Taurus Armas 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 0.11 0.34 0.52 0.30 0.64

Taurus Armas 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 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 0.30 0.36 0.36 0.39 0.64

Competitive Comparison of Taurus Armas's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Taurus Armas'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.


Taurus Armas's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taurus Armas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taurus Armas 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.

Taurus Armas's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.26/23.53
=0.52

* 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.

Taurus Armas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Taurus Armas'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)
=3.311/157.1481*157.1481
=3.311

Current CPI (Dec. 2023) = 157.1481.

Taurus Armas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.822 90.447 1.428
201406 0.650 91.838 1.112
201409 0.696 92.602 1.181
201412 12.505 94.194 20.863
201503 10.749 97.799 17.272
201506 10.869 100.006 17.079
201509 5.247 101.392 8.132
201512 6.492 104.247 9.786
201603 3.895 106.979 5.722
201606 3.403 108.851 4.913
201609 3.826 109.986 5.467
201612 3.835 110.802 5.439
201703 3.007 111.869 4.224
201706 2.445 112.115 3.427
201709 2.886 112.777 4.021
201712 2.437 114.068 3.357
201803 3.572 114.868 4.887
201806 3.095 117.038 4.156
201809 2.972 117.881 3.962
201812 3.422 118.340 4.544
201903 2.956 120.124 3.867
201906 2.732 120.977 3.549
201909 2.915 121.292 3.777
201912 3.076 123.436 3.916
202003 3.581 124.092 4.535
202006 4.946 123.557 6.291
202009 5.820 125.095 7.311
202012 6.624 129.012 8.069
202103 5.730 131.660 6.839
202106 5.740 133.871 6.738
202109 5.474 137.913 6.237
202112 6.997 141.992 7.744
202203 5.728 146.537 6.143
202206 5.157 149.784 5.411
202209 4.456 147.800 4.738
202212 4.726 150.207 4.944
202303 3.579 153.352 3.668
202306 3.714 154.519 3.777
202309 3.469 155.464 3.507
202312 3.311 157.148 3.311

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.


Taurus Armas  (BSP:TASA3) 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.


Taurus Armas Cyclically Adjusted PS Ratio Related Terms

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


Taurus Armas (BSP:TASA3) Business Description

Traded in Other Exchanges
Address
Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411
Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.

Taurus Armas (BSP:TASA3) Headlines

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