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Magellan Aerospace (FRA:4M7A) Cyclically Adjusted PS Ratio : 0.51 (As of Sep. 22, 2024)


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What is Magellan Aerospace Cyclically Adjusted PS Ratio?

As of today (2024-09-22), Magellan Aerospace's current share price is €6.15. Magellan Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was €12.14. Magellan Aerospace's Cyclically Adjusted PS Ratio for today is 0.51.

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

FRA:4M7A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.66   Max: 1.16
Current: 0.52

During the past years, Magellan Aerospace's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.33. And the median was 0.66.

FRA:4M7A's Cyclically Adjusted PS Ratio is ranked better than
80.53% of 190 companies
in the Aerospace & Defense industry
Industry Median: 1.57 vs FRA:4M7A: 0.52

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.

Magellan Aerospace's adjusted revenue per share data for the three months ended in Jun. 2024 was €2.881. 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 €12.14 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Magellan Aerospace Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Magellan Aerospace'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.

Magellan Aerospace Cyclically Adjusted PS Ratio Chart

Magellan Aerospace 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 0.88 0.55 0.61 0.58 0.44

Magellan Aerospace Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.47 0.43 0.44 0.45 0.45

Competitive Comparison of Magellan Aerospace's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Magellan Aerospace'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.


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

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

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



Magellan Aerospace 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.

Magellan Aerospace's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.15/12.14
=0.51

* 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.

Magellan Aerospace's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Magellan Aerospace's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=2.881/127.5217*127.5217
=2.881

Current CPI (Jun. 2024) = 127.5217.

Magellan Aerospace Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 2.452 99.394 3.146
201412 2.524 98.367 3.272
201503 2.871 99.789 3.669
201506 2.902 100.500 3.682
201509 2.725 100.421 3.460
201512 2.905 99.947 3.706
201603 3.103 101.054 3.916
201606 2.996 102.002 3.746
201609 2.780 101.765 3.484
201612 3.017 101.449 3.792
201703 2.978 102.634 3.700
201706 2.899 103.029 3.588
201709 2.613 103.345 3.224
201712 2.645 103.345 3.264
201803 2.635 105.004 3.200
201806 2.703 105.557 3.265
201809 2.559 105.636 3.089
201812 2.859 105.399 3.459
201903 3.069 106.979 3.658
201906 3.021 107.690 3.577
201909 2.775 107.611 3.288
201912 2.896 107.769 3.427
202003 2.660 107.927 3.143
202006 1.826 108.401 2.148
202009 1.805 108.164 2.128
202012 2.000 108.559 2.349
202103 2.041 110.298 2.360
202106 1.972 111.720 2.251
202109 1.934 112.905 2.184
202112 2.132 113.774 2.390
202203 2.332 117.646 2.528
202206 2.466 120.806 2.603
202209 2.511 120.648 2.654
202212 2.377 120.964 2.506
202303 2.655 122.702 2.759
202306 2.660 124.203 2.731
202309 2.573 125.230 2.620
202312 2.617 125.072 2.668
202403 2.795 126.258 2.823
202406 2.881 127.522 2.881

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.


Magellan Aerospace  (FRA:4M7A) 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.


Magellan Aerospace Cyclically Adjusted PS Ratio Related Terms

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


Magellan Aerospace Business Description

Traded in Other Exchanges
Address
3160 Derry Road East, Mississauga, ON, CAN, L4T 1A9
Magellan Aerospace Corp supplies components to the aerospace industry. It has two major product groups: aerostructures and aeroengines. Its engines and parts may be applied to new aircraft, or as replacement parts to existing platforms. The company also provides aftermarket support by conducting specific repairs and other maintenance services. It serves both commercial (approximately three-fourths of total sales) and defense markets. Additionally, parts and equipment may be provided for power generation projects, but sales do not constitute a material amount. The three geographic regions to which Magellan primarily sells are Canada, the United States, and Europe.

Magellan Aerospace Headlines

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