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Beacon Roofing Supply (FRA:OWY) Cyclically Adjusted PS Ratio : 0.97 (As of May. 16, 2024)


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What is Beacon Roofing Supply Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Beacon Roofing Supply's current share price is €88.50. Beacon Roofing Supply's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €91.45. Beacon Roofing Supply's Cyclically Adjusted PS Ratio for today is 0.97.

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

FRA:OWY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.75   Max: 1.25
Current: 0.98

During the past years, Beacon Roofing Supply's highest Cyclically Adjusted PS Ratio was 1.25. The lowest was 0.21. And the median was 0.75.

FRA:OWY's Cyclically Adjusted PS Ratio is ranked worse than
70.97% of 124 companies
in the Industrial Distribution industry
Industry Median: 0.57 vs FRA:OWY: 0.98

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.

Beacon Roofing Supply's adjusted revenue per share data for the three months ended in Mar. 2024 was €27.151. 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 €91.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beacon Roofing Supply Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Beacon Roofing Supply'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.

Beacon Roofing Supply Cyclically Adjusted PS Ratio Chart

Beacon Roofing Supply Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.46 0.64 0.59 0.87

Beacon Roofing Supply 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 0.64 0.87 0.78 0.87 0.96

Competitive Comparison of Beacon Roofing Supply's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, Beacon Roofing Supply'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.


Beacon Roofing Supply's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Beacon Roofing Supply's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Beacon Roofing Supply 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.

Beacon Roofing Supply's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=88.50/91.45
=0.97

* 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.

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

For example, Beacon Roofing Supply'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)
=27.151/131.7762*131.7762
=27.151

Current CPI (Mar. 2024) = 131.7762.

Beacon Roofing Supply Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.760 100.560 12.790
201409 11.286 100.428 14.809
201412 9.665 99.070 12.856
201503 7.711 99.621 10.200
201506 12.748 100.684 16.685
201509 13.919 100.392 18.270
201512 14.950 99.792 19.742
201603 12.472 100.470 16.358
201606 16.924 101.688 21.932
201609 17.198 101.861 22.249
201612 15.577 101.863 20.151
201703 13.537 102.862 17.342
201706 17.610 103.349 22.454
201709 17.487 104.136 22.129
201712 13.692 104.011 17.347
201803 16.998 105.290 21.274
201806 23.953 106.317 29.689
201809 24.015 106.507 29.713
201812 22.174 105.998 27.567
201903 18.476 107.251 22.701
201906 24.590 108.070 29.984
201909 12.220 108.329 14.865
201912 18.541 108.420 22.535
202003 15.747 108.902 19.055
202006 19.997 108.767 24.227
202009 21.657 109.815 25.988
202012 18.513 109.897 22.199
202103 15.907 111.754 18.757
202106 21.793 114.631 25.052
202109 14.505 115.734 16.516
202112 21.721 117.630 24.333
202203 21.483 121.301 23.338
202206 32.099 125.017 33.835
202209 36.737 125.227 38.658
202212 28.041 125.222 29.509
202303 24.664 127.348 25.522
202306 35.498 128.729 36.338
202309 38.315 129.860 38.881
202312 33.103 129.419 33.706
202403 27.151 131.776 27.151

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.


Beacon Roofing Supply  (FRA:OWY) 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.


Beacon Roofing Supply Cyclically Adjusted PS Ratio Related Terms

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


Beacon Roofing Supply (FRA:OWY) Business Description

Traded in Other Exchanges
Address
505 Huntmar Park Drive, Suite 300, Herndon, VA, USA, 20170
Beacon Roofing Supply Inc manufactures and sells roofing and building materials throughout the United States and Canada. Beacon's key customers consist of contractors, home builders, lumberyards, retailers, wholesale distributors, and building materials suppliers. The company's product portfolio includes both residential and non-residential roofing materials, siding, windows, and waterproofing systems. The majority of revenue is generated from residential and non-residential roofing products. The vast majority of Beacon's revenue comes from the United States.

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