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Somero Enterprises (LSE:SOM) Cyclically Adjusted PS Ratio : 2.35 (As of Jun. 24, 2024)


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What is Somero Enterprises Cyclically Adjusted PS Ratio?

As of today (2024-06-24), Somero Enterprises's current share price is £3.45. Somero Enterprises's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was £1.47. Somero Enterprises's Cyclically Adjusted PS Ratio for today is 2.35.

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

LSE:SOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.82   Med: 3.71   Max: 6.31
Current: 2.34

During the past 13 years, Somero Enterprises's highest Cyclically Adjusted PS Ratio was 6.31. The lowest was 1.82. And the median was 3.71.

LSE:SOM's Cyclically Adjusted PS Ratio is ranked worse than
83.24% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1 vs LSE:SOM: 2.34

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.

Somero Enterprises's adjusted revenue per share data of for the fiscal year that ended in Dec23 was £1.692. 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 £1.47 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Somero Enterprises Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Somero Enterprises'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.

Somero Enterprises Cyclically Adjusted PS Ratio Chart

Somero Enterprises 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 3.47 3.40 4.97 2.84 2.55

Somero Enterprises Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.97 - 2.84 - 2.55

Competitive Comparison of Somero Enterprises's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Somero Enterprises'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.


Somero Enterprises's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Somero Enterprises's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Somero Enterprises 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.

Somero Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.45/1.47
=2.35

* 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.

Somero Enterprises's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Somero Enterprises'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)
=1.692/129.4194*129.4194
=1.692

Current CPI (Dec23) = 129.4194.

Somero Enterprises Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 0.654 99.070 0.854
201512 0.813 99.792 1.054
201612 1.098 101.863 1.395
201712 1.128 104.011 1.404
201812 1.309 105.998 1.598
201912 1.199 108.420 1.431
202012 1.157 109.897 1.363
202112 1.764 117.630 1.941
202212 1.937 125.222 2.002
202312 1.692 129.419 1.692

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.


Somero Enterprises  (LSE:SOM) 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.


Somero Enterprises Cyclically Adjusted PS Ratio Related Terms

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


Somero Enterprises (LSE:SOM) Business Description

Traded in Other Exchanges
N/A
Address
14530 Global Parkway, Fort Myers, FL, USA, 33913
Somero Enterprises Inc provides concrete placing solutions. The company provides concrete-leveling equipment, training, education, & support to its customers. Its products include CopperHead, Mini Screed C, S-840, S-15R, S-22E, S-485, S-940, S-10A, & the S-158 Laser Screed machines; STS-11M Topping Spreader; as well as the 3-D Profiler System software, the Somero Floor Levelness System, & the SP-16 Concrete Hose Line-Pulling & Placing System. Its revenues are derived from sales of Boomed screed products, Ride-on screed products, Remanufactured machines sales, 3-D Profiler System, & sales of parts & accessories, other equipment, service, training, & shipping charges. Geographically, it operates in North America, EMEA & ROW (Australia, Latin America, India, China, Korea, & Southeast Asia).

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