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Con-way (FRA:CTR) Cyclically Adjusted PS Ratio : (As of Jun. 16, 2024)


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What is Con-way Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Con-way Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Con-way'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.

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Con-way Cyclically Adjusted PS Ratio Chart

Con-way Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PS Ratio
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Con-way Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of Con-way's Cyclically Adjusted PS Ratio

For the Trucking subindustry, Con-way'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.


Con-way's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Con-way's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Con-way's Cyclically Adjusted PS Ratio falls into.



Con-way 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.

Con-way's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2015 is calculated as:

For example, Con-way's adjusted Revenue per Share data for the three months ended in Jun. 2015 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2015 (Change)*Current CPI (Jun. 2015)
=22/100.6839*100.6839
=22.000

Current CPI (Jun. 2015) = 100.6839.

Con-way Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200509 15.831 83.876 19.003
200512 16.146 83.032 19.579
200603 15.695 84.298 18.746
200606 16.365 85.606 19.247
200609 16.642 85.606 19.573
200612 15.167 85.142 17.936
200703 15.396 86.640 17.892
200706 16.522 87.906 18.924
200709 16.643 87.964 19.050
200712 17.237 88.616 19.584
200803 16.072 90.090 17.962
200806 17.862 92.320 19.480
200809 19.758 92.307 21.551
200812 16.754 88.697 19.018
200903 16.048 89.744 18.004
200906 14.853 91.003 16.433
200909 15.709 91.120 17.358
200912 15.608 91.111 17.248
201003 17.357 91.821 19.032
201006 20.406 91.962 22.341
201009 17.852 92.162 19.503
201012 16.548 92.474 18.017
201103 15.938 94.283 17.020
201106 16.672 95.235 17.626
201109 17.840 95.727 18.764
201112 17.819 95.213 18.843
201203 18.383 96.783 19.124
201206 20.421 96.819 21.236
201209 19.297 97.633 19.900
201212 18.346 96.871 19.068
201303 18.182 98.209 18.640
201306 18.382 98.518 18.786
201309 18.230 98.790 18.579
201312 17.158 98.326 17.569
201403 17.200 99.695 17.371
201406 19.038 100.560 19.062
201409 20.037 100.428 20.088
201412 19.947 99.070 20.272
201503 21.781 99.621 22.013
201506 22.000 100.684 22.000

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.


Con-way  (FRA:CTR) 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.


Con-way Cyclically Adjusted PS Ratio Related Terms

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Con-way (FRA:CTR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Con-way Inc was incorporated in Delaware in 1958. The Company and its subsidiaries provide transportation, logistics and supply-chain management services to various manufacturing, industrial and retail customers. Its business units operate in regional, inter-regional and transcontinental less-than-truckload and full-truckload freight transportation, contract logistics and supply-chain management, multimodal freight brokerage, and trailer manufacturing. The Company operates under three reporting segments: Freight, Logistics and Truckload. The Freight segment consists of the operating results of the Con-way Freight business unit. Con-way Freight is a less-than-truckload motor carrier that utilizes a network of freight service centers to provide day-definite regional, inter-regional and transcontinental less-than-truckload freight services throughout North America. LTL carriers transport shipments from multiple shippers utilizing a network of freight service centers combined with a fleet of linehaul and pickup-and-delivery tractors and trailers. LTL shipments weigh between 100 and 15,000 pounds. In 2013, Con-way Freight's average weight per shipment was 1,334 pounds. The Logistics segment consists of the operating results of the Menlo Worldwide Logistics business unit. Menlo develops contract-logistics solutions, which include managing complex distribution networks, and providing supply-chain engineering and consulting, and multimodal freight brokerage services. Menlo's supply-chain management offerings are mainly related to transportation-management and contract-warehousing services. The Truckload segment consists of the operating results of the Con-way Truckload business unit. Con-way Truckload is a full-truckload motor carrier that utilizes a fleet of tractors and trailers to provide short- and long-haul, asset-based transportation services throughout North America. Con-way Truckload provides dry-van transportation services to manufacturing, industrial and retail customers while using single drivers as well as two-person driver teams over long-haul routes, with each trailer containing only one customer's goods. On average, Con-way Truckload transports shipments more than 800 miles from origin to destination. Under its regional service offering, Con-way Truckload transports truckload shipments between 100 and 600 miles, including local-area service for truckload shipments of less than 100 miles. It competes with regional and national LTL companies, some of which are subsidiaries of integrated transportation service providers, domestic and foreign logistics companies, truckload carriers, railroads and private fleets. The Company is subject to various federal, state and local, as well as foreign, laws and regulations that apply to its business activities.

Con-way (FRA:CTR) Headlines