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Minerals Technologies (FRA:MNK) Cyclically Adjusted PS Ratio : 1.24 (As of May. 17, 2024)


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What is Minerals Technologies Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Minerals Technologies's current share price is €74.50. Minerals Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €60.11. Minerals Technologies's Cyclically Adjusted PS Ratio for today is 1.24.

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

FRA:MNK' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.55   Max: 2.47
Current: 1.28

During the past years, Minerals Technologies's highest Cyclically Adjusted PS Ratio was 2.47. The lowest was 0.69. And the median was 1.55.

FRA:MNK's Cyclically Adjusted PS Ratio is ranked worse than
51.21% of 1203 companies
in the Chemicals industry
Industry Median: 1.25 vs FRA:MNK: 1.28

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.

Minerals Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was €15.177. 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 €60.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Minerals Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Minerals Technologies'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.

Minerals Technologies Cyclically Adjusted PS Ratio Chart

Minerals Technologies 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 1.31 1.35 1.43 1.06 1.14

Minerals Technologies 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 1.02 0.95 0.88 1.14 1.17

Competitive Comparison of Minerals Technologies's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Minerals Technologies'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.


Minerals Technologies's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Minerals Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Minerals Technologies 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.

Minerals Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=74.50/60.11
=1.24

* 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.

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

For example, Minerals Technologies'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)
=15.177/131.7762*131.7762
=15.177

Current CPI (Mar. 2024) = 131.7762.

Minerals Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.906 100.560 11.671
201409 12.119 100.428 15.902
201412 12.025 99.070 15.995
201503 12.001 99.621 15.875
201506 11.797 100.684 15.440
201509 11.481 100.392 15.070
201512 11.278 99.792 14.893
201603 10.555 100.470 13.844
201606 10.827 101.688 14.031
201609 10.084 101.861 13.046
201612 10.716 101.863 13.863
201703 10.637 102.862 13.627
201706 10.353 103.349 13.201
201709 10.002 104.136 12.657
201712 10.259 104.011 12.998
201803 9.798 105.290 12.263
201806 11.174 106.317 13.850
201809 11.172 106.507 13.823
201812 11.049 105.998 13.736
201903 10.974 107.251 13.483
201906 11.628 108.070 14.179
201909 11.623 108.329 14.139
201912 11.384 108.420 13.836
202003 10.984 108.902 13.291
202006 9.302 108.767 11.270
202009 9.668 109.815 11.601
202012 10.378 109.897 12.444
202103 11.182 111.754 13.185
202106 11.089 114.631 12.748
202109 11.900 115.734 13.549
202112 12.599 117.630 14.114
202203 14.197 121.301 15.423
202206 16.016 125.017 16.882
202209 16.789 125.227 17.667
202212 14.744 125.222 15.516
202303 15.694 127.348 16.240
202306 15.615 128.729 15.985
202309 15.794 129.860 16.027
202312 14.754 129.419 15.023
202403 15.177 131.776 15.177

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.


Minerals Technologies  (FRA:MNK) 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.


Minerals Technologies Cyclically Adjusted PS Ratio Related Terms

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


Minerals Technologies (FRA:MNK) Business Description

Traded in Other Exchanges
Address
622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.

Minerals Technologies (FRA:MNK) Headlines

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