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MAX Automation SE (LTS:0RK5) Cyclically Adjusted PS Ratio : 0.38 (As of May. 31, 2024)


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What is MAX Automation SE Cyclically Adjusted PS Ratio?

As of today (2024-05-31), MAX Automation SE's current share price is €5.88368. MAX Automation SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €15.59. MAX Automation SE's Cyclically Adjusted PS Ratio for today is 0.38.

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

LTS:0RK5' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.35   Max: 0.49
Current: 0.43

During the past years, MAX Automation SE's highest Cyclically Adjusted PS Ratio was 0.49. The lowest was 0.23. And the median was 0.35.

LTS:0RK5's Cyclically Adjusted PS Ratio is ranked better than
83.89% of 2198 companies
in the Industrial Products industry
Industry Median: 1.41 vs LTS:0RK5: 0.43

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.

MAX Automation SE's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.228. 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 €15.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MAX Automation SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MAX Automation SE'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.

MAX Automation SE Cyclically Adjusted PS Ratio Chart

MAX Automation SE 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 0.39 0.35 0.34 0.35 0.41

MAX Automation SE 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 0.40 0.40 0.40 0.41 0.40

Competitive Comparison of MAX Automation SE's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, MAX Automation SE'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.


MAX Automation SE's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, MAX Automation SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where MAX Automation SE's Cyclically Adjusted PS Ratio falls into.



MAX Automation SE 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.

MAX Automation SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.88368/15.59
=0.38

* 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.

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

For example, MAX Automation SE'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)
=2.228/125.0381*125.0381
=2.228

Current CPI (Mar. 2024) = 125.0381.

MAX Automation SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.282 99.543 4.123
201409 3.339 99.823 4.182
201412 3.311 99.543 4.159
201503 2.746 99.717 3.443
201506 3.449 100.417 4.295
201509 3.311 100.417 4.123
201512 5.222 99.717 6.548
201603 2.285 100.017 2.857
201606 3.068 100.717 3.809
201609 2.778 101.017 3.439
201612 4.298 101.217 5.310
201703 3.216 101.417 3.965
201706 3.633 102.117 4.448
201709 1.993 102.717 2.426
201712 2.835 102.617 3.454
201803 2.206 102.917 2.680
201806 2.411 104.017 2.898
201809 3.117 104.718 3.722
201812 3.975 104.217 4.769
201903 2.931 104.217 3.517
201906 3.311 105.718 3.916
201909 3.786 106.018 4.465
201912 4.312 105.818 5.095
202003 2.736 105.718 3.236
202006 2.410 106.618 2.826
202009 2.711 105.818 3.203
202012 2.841 105.518 3.367
202103 2.592 107.518 3.014
202106 2.520 108.486 2.904
202109 2.919 109.435 3.335
202112 4.348 110.384 4.925
202203 3.175 113.968 3.483
202206 2.676 115.760 2.890
202209 2.659 118.818 2.798
202212 1.156 119.345 1.211
202303 2.424 122.402 2.476
202306 2.574 123.140 2.614
202309 2.829 124.195 2.848
202312 1.752 123.773 1.770
202403 2.228 125.038 2.228

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.


MAX Automation SE  (LTS:0RK5) 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.


MAX Automation SE Cyclically Adjusted PS Ratio Related Terms

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


MAX Automation SE (LTS:0RK5) Business Description

Traded in Other Exchanges
Address
Fritz-Vomfelde-Street 34, Dusseldorf, NW, DEU, 40547
MAX Automation SE is a medium-sized finance and investment company with an actively managed portfolio of operationally independent portfolio companies in attractive and fastgrowing niche markets. The present portfolio of companies consists of ten portfolio companies and their respective subsidiaries which develop, manufacture and distribute a diversified portfolio of technologically complex machinery, equipment, and integrated automation solutions as well as complementary services such as consulting, production support, maintenance, and repair for their customers both in Germany and internationally.

MAX Automation SE (LTS:0RK5) Headlines

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