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Textron (MEX:TXT) Cyclically Adjusted PS Ratio : 1.27 (As of Dec. 11, 2024)


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What is Textron Cyclically Adjusted PS Ratio?

As of today (2024-12-11), Textron's current share price is MXN1655.35. Textron's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was MXN1,298.77. Textron's Cyclically Adjusted PS Ratio for today is 1.27.

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

MEX:TXT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 1.05   Max: 1.48
Current: 1.22

During the past years, Textron's highest Cyclically Adjusted PS Ratio was 1.48. The lowest was 0.44. And the median was 1.05.

MEX:TXT's Cyclically Adjusted PS Ratio is ranked better than
64.61% of 178 companies
in the Aerospace & Defense industry
Industry Median: 1.925 vs MEX:TXT: 1.22

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.

Textron's adjusted revenue per share data for the three months ended in Sep. 2024 was MXN357.136. 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 MXN1,298.77 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Textron Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Textron'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.

Textron Cyclically Adjusted PS Ratio Chart

Textron 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 0.88 0.92 1.35 1.15 1.24

Textron Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.21 1.24 1.45 1.29 1.32

Competitive Comparison of Textron's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Textron'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.


Textron's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Textron's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Textron 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.

Textron's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1655.35/1298.77
=1.27

* 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.

Textron's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Textron's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=357.136/133.0289*133.0289
=357.136

Current CPI (Sep. 2024) = 133.0289.

Textron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 215.858 99.070 289.850
201503 167.268 99.621 223.361
201506 181.993 100.684 240.459
201509 193.267 100.392 256.098
201512 243.780 99.792 324.972
201603 201.823 100.470 267.226
201606 239.318 101.688 313.077
201609 231.018 101.861 301.706
201612 288.540 101.863 376.823
201703 213.459 102.862 276.061
201706 241.909 103.349 311.380
201709 236.817 104.136 302.524
201712 296.811 104.011 379.618
201803 227.102 105.290 286.934
201806 284.683 106.317 356.210
201809 240.021 106.507 299.791
201812 303.499 105.998 380.896
201903 255.072 107.251 316.380
201906 265.418 108.070 326.718
201909 278.408 108.329 341.886
201912 331.203 108.420 406.378
202003 284.436 108.902 347.454
202006 249.988 108.767 305.750
202009 263.517 109.815 319.222
202012 317.970 109.897 384.899
202103 257.791 111.754 306.866
202106 278.053 114.631 322.678
202109 271.449 115.734 312.013
202112 306.013 117.630 346.075
202203 272.090 121.301 298.397
202206 292.868 125.017 311.637
202209 290.485 125.227 308.584
202212 336.777 125.222 357.774
202303 263.308 127.348 275.054
202306 289.867 128.729 299.550
202309 291.169 129.860 298.275
202312 334.355 129.419 343.680
202403 267.008 131.776 269.546
202406 336.791 132.554 337.998
202409 357.136 133.029 357.136

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.


Textron  (MEX:TXT) 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.


Textron Cyclically Adjusted PS Ratio Related Terms

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


Textron Business Description

Address
40 Westminster Street, Providence, RI, USA, 02903
Textron is a conglomerate that designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. Textron Aviation manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business, which manufactures plastic fuel tanks for conventional and hybrid motor vehicles, and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.