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Flowserve (FRA:FWV) Cyclically Adjusted PS Ratio : 1.30 (As of Jun. 11, 2024)


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What is Flowserve Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Flowserve's current share price is €43.60. Flowserve's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €33.61. Flowserve's Cyclically Adjusted PS Ratio for today is 1.30.

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

FRA:FWV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.38   Max: 3.16
Current: 1.31

During the past years, Flowserve's highest Cyclically Adjusted PS Ratio was 3.16. The lowest was 0.62. And the median was 1.38.

FRA:FWV's Cyclically Adjusted PS Ratio is ranked better than
52.48% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs FRA:FWV: 1.31

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.

Flowserve's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.558. 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 €33.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flowserve Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Flowserve'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.

Flowserve Cyclically Adjusted PS Ratio Chart

Flowserve 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 1.52 1.11 0.87 0.85 1.14

Flowserve Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.93 1.01 1.09 1.14 1.25

Competitive Comparison of Flowserve's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Flowserve'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.


Flowserve's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Flowserve 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.

Flowserve's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=43.60/33.61
=1.30

* 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.

Flowserve's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=7.558/131.7762*131.7762
=7.558

Current CPI (Mar. 2024) = 131.7762.

Flowserve Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.530 100.560 8.557
201409 6.794 100.428 8.915
201412 8.179 99.070 10.879
201503 6.896 99.621 9.122
201506 7.680 100.684 10.052
201509 7.337 100.392 9.631
201512 8.981 99.792 11.859
201603 6.496 100.470 8.520
201606 6.985 101.688 9.052
201609 6.468 101.861 8.368
201612 7.739 101.863 10.012
201703 6.170 102.862 7.904
201706 5.943 103.349 7.578
201709 5.641 104.136 7.138
201712 6.649 104.011 8.424
201803 5.691 105.290 7.123
201806 6.348 106.317 7.868
201809 6.216 106.507 7.691
201812 6.621 105.998 8.231
201903 5.989 107.251 7.359
201906 6.650 108.070 8.109
201909 6.857 108.329 8.341
201912 7.295 108.420 8.867
202003 6.146 108.902 7.437
202006 6.283 108.767 7.612
202009 5.995 109.815 7.194
202012 6.183 109.897 7.414
202103 5.497 111.754 6.482
202106 5.699 114.631 6.551
202109 5.629 115.734 6.409
202112 6.220 117.630 6.968
202203 5.717 121.301 6.211
202206 6.359 125.017 6.703
202209 6.709 125.227 7.060
202212 7.455 125.222 7.845
202303 6.949 127.348 7.191
202306 7.565 128.729 7.744
202309 7.769 129.860 7.884
202312 8.086 129.419 8.233
202403 7.558 131.776 7.558

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.


Flowserve  (FRA:FWV) 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.


Flowserve Cyclically Adjusted PS Ratio Related Terms

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


Flowserve (FRA:FWV) Business Description

Traded in Other Exchanges
Address
5215 North O’Connor Boulevard, Suite 700, Irving, TX, USA, 75039
Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several global industries, including oil and gas, chemical, power generation, and water management. In addition, Flowserve has a worldwide network of Quick Response Centers to provide aftermarket equipment services. The aftermarket services help customers with installation, advanced diagnostics, repair, and retrofitting. Sales are roughly split across many global regions, with North America and Europe contributing the majority of total revenue.

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