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Kaydon (FRA:KYD) Cyclically Adjusted PS Ratio : (As of Jun. 19, 2024)


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What is Kaydon 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


Kaydon Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kaydon'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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Kaydon Cyclically Adjusted PS Ratio Chart

Kaydon Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Cyclically Adjusted PS Ratio
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Kaydon Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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Competitive Comparison of Kaydon's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Kaydon'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.


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

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

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



Kaydon 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.

Kaydon's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2013 is calculated as:

For example, Kaydon's adjusted Revenue per Share data for the three months ended in Jun. 2013 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2013 (Change)*Current CPI (Jun. 2013)
=2.793/98.5178*98.5178
=2.793

Current CPI (Jun. 2013) = 98.5178.

Kaydon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200309 2.173 78.138 2.740
200312 2.308 77.758 2.924
200403 2.433 79.066 3.032
200406 2.486 80.037 3.060
200409 2.139 80.121 2.630
200412 1.456 80.290 1.787
200503 1.841 81.555 2.224
200506 2.477 82.062 2.974
200509 2.024 83.876 2.377
200512 2.730 83.032 3.239
200603 2.427 84.298 2.836
200606 2.332 85.606 2.684
200609 2.254 85.606 2.594
200612 2.735 85.142 3.165
200703 2.318 86.640 2.636
200706 2.428 87.906 2.721
200709 2.228 87.964 2.495
200712 2.473 88.616 2.749
200803 2.311 90.090 2.527
200806 2.628 92.320 2.804
200809 2.594 92.307 2.769
200812 2.909 88.697 3.231
200903 2.536 89.744 2.784
200906 2.112 91.003 2.286
200909 2.551 91.120 2.758
200912 2.246 91.111 2.429
201003 2.639 91.821 2.831
201006 2.998 91.962 3.212
201009 2.723 92.162 2.911
201012 2.407 92.474 2.564
201103 2.371 94.283 2.477
201106 2.627 95.235 2.718
201109 2.768 95.727 2.849
201112 2.586 95.213 2.676
201203 2.776 96.783 2.826
201206 3.119 96.819 3.174
201209 3.026 97.633 3.053
201212 2.645 96.871 2.690
201303 2.684 98.209 2.692
201306 2.793 98.518 2.793

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.


Kaydon  (FRA:KYD) 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.


Kaydon Cyclically Adjusted PS Ratio Related Terms

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Kaydon (FRA:KYD) Business Description

Traded in Other Exchanges
N/A
Address
Kaydon Corporation was incorporated in 1983. The Company is a designer and manufacturer of custom engineered, performance-critical products supplying a broad and diverse customer base. The Company's main products now include bearings and components, filters and filter housings, custom rings, shaft seals, linear deceleration products, specialty balls, fuel cleansing systems, gas-phase air filtration systems and replacement media, industrial presses and metal alloy products. These products are used by customers in a variety of alternative energy, specialized robotics, medical, material handling, machine tool positioning, aerospace, defense, security, electronic and other industrial applications. The Company has two reportable segments and other operating segments engaged in the manufacture and sale of the following: Friction Control Products - complex components used in alternative energy, specialized robotics, medical, aerospace, defense, security, electronic, material handling, construction and other industrial applications. Products include anti-friction bearings, split roller bearings and specialty balls; Velocity Control Products - complex components used in specialized robotics, material handling, machine tool, medical, amusement and other industrial applications. Products include industrial shock absorbers, safety shock absorbers, velocity controls, gas springs and rotary dampers; and Other Industrial Products - complex and standard ring and seal products, filter elements and liquid and gas-phase filtration systems, metal alloys, machine tool components, presses, dies and benders used in a variety of applications. The Company sells its products in each segment through a sales organization consisting of salespersons and representatives located primarily throughout North America, Europe and Asia. The Company holds various patents, patent applications, licenses, trademarks and trade names. The Company's competitors include a number of other well-established manufacturers, as well as other smaller companies.

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