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Franklin Electric Co (Franklin Electric Co) Cyclically Adjusted PS Ratio : 3.06 (As of Apr. 30, 2024)


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What is Franklin Electric Co Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Franklin Electric Co's current share price is $103.24. Franklin Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $33.74. Franklin Electric Co's Cyclically Adjusted PS Ratio for today is 3.06.

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

FELE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.35   Max: 3.61
Current: 3.06

During the past years, Franklin Electric Co's highest Cyclically Adjusted PS Ratio was 3.61. The lowest was 1.38. And the median was 2.35.

FELE's Cyclically Adjusted PS Ratio is ranked worse than
75.23% of 2156 companies
in the Industrial Products industry
Industry Median: 1.43 vs FELE: 3.06

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.

Franklin Electric Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.085. 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 $33.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Franklin Electric Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Franklin Electric Co'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.

Franklin Electric Co Cyclically Adjusted PS Ratio Chart

Franklin Electric Co 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 2.51 2.88 3.48 2.58 2.86

Franklin Electric Co 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 2.58 2.95 3.14 2.67 2.86

Competitive Comparison of Franklin Electric Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Franklin Electric Co'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.


Franklin Electric Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Franklin Electric Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Franklin Electric Co's Cyclically Adjusted PS Ratio falls into.



Franklin Electric Co 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.

Franklin Electric Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=103.24/33.74
=3.06

* 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.

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

For example, Franklin Electric Co'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)
=10.085/129.4194*129.4194
=10.085

Current CPI (Dec. 2023) = 129.4194.

Franklin Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.791 99.695 6.219
201406 5.902 100.560 7.596
201409 5.781 100.428 7.450
201412 5.266 99.070 6.879
201503 4.693 99.621 6.097
201506 5.144 100.684 6.612
201509 4.915 100.392 6.336
201512 4.666 99.792 6.051
201603 4.708 100.470 6.065
201606 5.398 101.688 6.870
201609 5.112 101.861 6.495
201612 5.130 101.863 6.518
201703 4.686 102.862 5.896
201706 6.497 103.349 8.136
201709 6.619 104.136 8.226
201712 6.132 104.011 7.630
201803 6.277 105.290 7.716
201806 7.319 106.317 8.909
201809 7.243 106.507 8.801
201812 6.825 105.998 8.333
201903 6.225 107.251 7.512
201906 7.609 108.070 9.112
201909 7.461 108.329 8.914
201912 6.796 108.420 8.112
202003 5.700 108.902 6.774
202006 6.630 108.767 7.889
202009 7.536 109.815 8.881
202012 6.832 109.897 8.046
202103 7.101 111.754 8.223
202106 9.284 114.631 10.482
202109 9.766 115.734 10.921
202112 9.203 117.630 10.125
202203 9.585 121.301 10.227
202206 11.751 125.017 12.165
202209 11.738 125.227 12.131
202212 10.480 125.222 10.831
202303 10.332 127.348 10.500
202306 12.136 128.729 12.201
202309 11.480 129.860 11.441
202312 10.085 129.419 10.085

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.


Franklin Electric Co  (NAS:FELE) 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.


Franklin Electric Co Cyclically Adjusted PS Ratio Related Terms

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


Franklin Electric Co (Franklin Electric Co) Business Description

Traded in Other Exchanges
Address
9255 Coverdale Road, Fort Wayne, IN, USA, 46809
Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.
Executives
Gregg C Sengstack officer: Senior Vice President and CFO FRANKLIN ELECTRIC CO INC, 9255 COVERDALE RD, FORT WAYNE IN 46809
Delancey W Davis officer: Vice President, Director of Sa FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Greg Michael Levine officer: VP & President, Global Water 954 CHAPEL OAKS ROAD, FRONTENAC MO 63131
Jonathan M. Grandon officer: Chief Administrative Officer 56 EAST BELL DRIVE, P.O. BOX, WARSAW IN 46581
Donald P Kenney officer: VP and President Energy System FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Paul Chhabra officer: VP, Global Product Supply 9255 COVERDALE ROAD, FORT WAYNE IN 46809
Jeffery L Taylor officer: Vice President and CFO 1000 SAGAMORE PARKWAY SOUTH, LAFAYETTE IN 47905
Chris Villavarayan director C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Brent L Spikes officer: VP, Global Manufacturing Ops 10330 CYGNET COVE, ROANOKE IN 46783
Kenneth Keene officer: VP, Global Supply Chain 626 MONTE VISTA DRIVE, FORT WAYNE IN 46814
John J Haines officer: Vice President and CFO FRANKLIN ELECTRIC CO., INC., 9255 COVERDALE RD, FORT WAYNE IN 46809
Luxfer Holdings Plc director LUMNS LANE, MANCHESTER X0 M27 8LN
Alok Maskara director 2140 LAKE PARK BLVD, RICHARDSON TX 75080
Jay J Walsh officer: President, Franklin Fueling 502 CABRILLO COURT, VERONA WI 53593
Julie Scheck Freigang officer: Vice President 515 FRANKLIN STREET, MICHIGAN CITY IN 46360

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