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Michelmersh Brick Holdings (FRA:MPO) Cyclically Adjusted PS Ratio : 1.70 (As of Dec. 11, 2024)


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What is Michelmersh Brick Holdings Cyclically Adjusted PS Ratio?

As of today (2024-12-11), Michelmersh Brick Holdings's current share price is €1.17. Michelmersh Brick Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €0.69. Michelmersh Brick Holdings's Cyclically Adjusted PS Ratio for today is 1.70.

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

FRA:MPO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.8   Max: 3.36
Current: 1.65

During the past 13 years, Michelmersh Brick Holdings's highest Cyclically Adjusted PS Ratio was 3.36. The lowest was 0.95. And the median was 1.80.

FRA:MPO's Cyclically Adjusted PS Ratio is ranked worse than
60.56% of 284 companies
in the Building Materials industry
Industry Median: 1.175 vs FRA:MPO: 1.65

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.

Michelmersh Brick Holdings's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €0.940. 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 €0.69 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Michelmersh Brick Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Michelmersh Brick Holdings'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.

Michelmersh Brick Holdings Cyclically Adjusted PS Ratio Chart

Michelmersh Brick Holdings 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 2.59 2.89 2.56 1.69 1.53

Michelmersh Brick Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 - 1.69 - 1.53 -

Competitive Comparison of Michelmersh Brick Holdings's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Michelmersh Brick Holdings'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.


Michelmersh Brick Holdings's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Michelmersh Brick Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Michelmersh Brick Holdings 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.

Michelmersh Brick Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.17/0.69
=1.70

* 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.

Michelmersh Brick Holdings's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Michelmersh Brick Holdings's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.94/130.5000*130.5000
=0.940

Current CPI (Dec23) = 130.5000.

Michelmersh Brick Holdings Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.446 99.900 0.583
201512 0.489 100.400 0.636
201612 0.436 102.200 0.557
201712 0.504 105.000 0.626
201812 0.581 107.100 0.708
201912 0.674 108.500 0.811
202012 0.579 109.400 0.691
202112 0.717 114.700 0.816
202212 0.815 125.300 0.849
202312 0.940 130.500 0.940

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.


Michelmersh Brick Holdings  (FRA:MPO) 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.


Michelmersh Brick Holdings Cyclically Adjusted PS Ratio Related Terms

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


Michelmersh Brick Holdings Business Description

Traded in Other Exchanges
Address
Freshfield Lane, Danehill, Haywards Heath, West Sussex, GBR, RH17 7HH
Michelmersh Brick Holdings PLC is a business with brands, namely, Blockleys, Carlton, FabSpeed, Freshfield Lane, Michelmersh, Floren and Hathern Terra Cotta. These divisions operate within a fully integrated business combining the manufacture of clay bricks and pavers. The Group also includes a landfill operator, New Acres Ltd, and seeks to develop future landfill and development opportunities on ancillary land assets. It currently owns the UK's premium manufacturing brick brands and is a specification brick and clay paving manufacturer. Geographically, the majority is derived from the United Kingdom.

Michelmersh Brick Holdings Headlines

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