GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strattec Security Corp (FRA:SS8) » Definitions » Cyclically Adjusted PS Ratio

Strattec Security (FRA:SS8) Cyclically Adjusted PS Ratio : 0.20 (As of Jun. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Strattec Security Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Strattec Security's current share price is €25.60. Strattec Security's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €126.96. Strattec Security's Cyclically Adjusted PS Ratio for today is 0.20.

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

FRA:SS8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.35   Max: 1.49
Current: 0.2

During the past years, Strattec Security's highest Cyclically Adjusted PS Ratio was 1.49. The lowest was 0.11. And the median was 0.35.

FRA:SS8's Cyclically Adjusted PS Ratio is ranked better than
83.57% of 1004 companies
in the Vehicles & Parts industry
Industry Median: 0.675 vs FRA:SS8: 0.20

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.

Strattec Security's adjusted revenue per share data for the three months ended in Mar. 2024 was €32.241. 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 €126.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Strattec Security Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Strattec Security'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.

Strattec Security Cyclically Adjusted PS Ratio Chart

Strattec Security Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.14 0.37 0.25 0.13

Strattec Security 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 0.17 0.13 0.16 0.18 0.17

Competitive Comparison of Strattec Security's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Strattec Security'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.


Strattec Security's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Strattec Security's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Strattec Security 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.

Strattec Security's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.60/126.96
=0.20

* 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.

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

For example, Strattec Security'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)
=32.241/131.7762*131.7762
=32.241

Current CPI (Mar. 2024) = 131.7762.

Strattec Security Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.041 100.560 27.573
201409 26.401 100.428 34.642
201412 22.900 99.070 30.460
201503 22.777 99.621 30.129
201506 24.313 100.684 31.821
201509 23.775 100.392 31.208
201512 25.967 99.792 34.290
201603 23.337 100.470 30.609
201606 26.608 101.688 34.481
201609 24.397 101.861 31.562
201612 25.579 101.863 33.091
201703 27.942 102.862 35.796
201706 26.209 103.349 33.418
201709 23.353 104.136 29.552
201712 23.469 104.011 29.734
201803 25.551 105.290 31.979
201806 26.962 106.317 33.419
201809 27.056 106.507 33.475
201812 26.695 105.998 33.187
201903 30.441 107.251 37.402
201906 30.835 108.070 37.599
201909 29.218 108.329 35.542
201912 25.569 108.420 31.077
202003 28.086 108.902 33.985
202006 9.976 108.767 12.086
202009 28.293 109.815 33.951
202012 27.249 109.897 32.674
202103 26.295 111.754 31.006
202106 23.476 114.631 26.987
202109 21.909 115.734 24.946
202112 25.569 117.630 28.644
202203 26.884 121.301 29.206
202206 29.686 125.017 31.291
202209 30.940 125.227 32.558
202212 27.208 125.222 28.632
202303 30.242 127.348 31.294
202306 31.053 128.729 31.788
202309 31.926 129.860 32.397
202312 27.187 129.419 27.682
202403 32.241 131.776 32.241

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.


Strattec Security  (FRA:SS8) 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.


Strattec Security Cyclically Adjusted PS Ratio Related Terms

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


Strattec Security (FRA:SS8) Business Description

Traded in Other Exchanges
Address
3333 West Good Hope Road, Milwaukee, WI, USA, 53209
Strattec Security Corp designs develops, manufactures and markets mechanical locks, electronically enhanced locks and keys. It also produces ignition lock housings; access control products, including latches, power sliding door systems, and door handles. Strattec ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full-service aftermarket support. Strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision, die castings.

Strattec Security (FRA:SS8) Headlines

No Headlines