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MasTec (MasTec) Cyclically Adjusted PS Ratio : 1.03 (As of Jun. 24, 2024)


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What is MasTec Cyclically Adjusted PS Ratio?

As of today (2024-06-24), MasTec's current share price is $111.63. MasTec's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $108.68. MasTec's Cyclically Adjusted PS Ratio for today is 1.03.

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

MTZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.94   Max: 1.67
Current: 1.03

During the past years, MasTec's highest Cyclically Adjusted PS Ratio was 1.67. The lowest was 0.39. And the median was 0.94.

MTZ's Cyclically Adjusted PS Ratio is ranked worse than
65.2% of 1293 companies
in the Construction industry
Industry Median: 0.65 vs MTZ: 1.03

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.

MasTec's adjusted revenue per share data for the three months ended in Mar. 2024 was $34.472. 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 $108.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MasTec Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MasTec'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.

MasTec Cyclically Adjusted PS Ratio Chart

MasTec 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 1.03 0.99 1.14 0.92 0.72

MasTec 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 0.98 1.18 0.70 0.72 0.86

Competitive Comparison of MasTec's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, MasTec'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.


MasTec's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, MasTec's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



MasTec 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=111.63/108.68
=1.03

* 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.

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

For example, MasTec'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)
=34.472/131.7762*131.7762
=34.472

Current CPI (Mar. 2024) = 131.7762.

MasTec Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.766 100.560 16.729
201409 15.328 100.428 20.113
201412 14.395 99.070 19.147
201503 12.176 99.621 16.106
201506 13.361 100.684 17.487
201509 13.810 100.392 18.127
201512 12.857 99.792 16.978
201603 12.154 100.470 15.941
201606 15.165 101.688 19.652
201609 19.452 101.861 25.165
201612 16.394 101.863 21.208
201703 14.097 102.862 18.060
201706 22.969 103.349 29.287
201709 23.739 104.136 30.040
201712 19.439 104.011 24.628
201803 16.989 105.290 21.263
201806 20.207 106.317 25.046
201809 24.965 106.507 30.888
201812 24.699 105.998 30.706
201903 20.090 107.251 24.684
201906 25.598 108.070 31.213
201909 26.558 108.329 32.306
201912 22.459 108.420 27.297
202003 18.785 108.902 22.731
202006 21.563 108.767 26.124
202009 23.234 109.815 27.880
202012 22.270 109.897 26.704
202103 24.042 111.754 28.349
202106 26.531 114.631 30.499
202109 32.501 115.734 37.006
202112 24.451 117.630 27.392
202203 26.132 121.301 28.389
202206 30.472 125.017 32.120
202209 33.481 125.227 35.232
202212 38.563 125.222 40.581
202303 33.574 127.348 34.742
202306 36.673 128.729 37.541
202309 41.515 129.860 42.128
202312 42.114 129.419 42.881
202403 34.472 131.776 34.472

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.


MasTec  (NYSE:MTZ) 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.


MasTec Cyclically Adjusted PS Ratio Related Terms

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


MasTec (MasTec) Business Description

Industry
Traded in Other Exchanges
Address
800 S. Douglas Road, 12th Floor, Coral Gables, FL, USA, 33134
MasTec is a leading infrastructure construction company operating mainly in North America across a range of industries. The company's primary activities include the engineering, building, installation, maintenance, and upgrade of communications, oil and gas, utility, renewable energy, and other infrastructure. MasTec reports its results under five reportable segments: 1) communications; 2) clean energy and infrastructure; 3) oil and gas; 4) power delivery, and 5) other.
Executives
Paul Dimarco officer: CFO 800 S. DOUGLAS ROAD, SUITE 1200, CORAL GABLES FL 33134
Timothy Michael Love officer: CAO 8915 GEORGE WILLIAMS RD., KNOXVILLE TN 37923
Ava L Parker director 1469 HARRINGTON PARK DRIVE, JACKSONVILLE FL 32225
Ernst N Csiszar director 2600 S RIVER ROAD, DES PLAINES IL 60018
Robert E Apple officer: Chief Operations Officer 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
C Robert Campbell officer: EVP & CFO 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
De Cardenas Alberto I officer: Executive Vice President 800 S DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES X1 33134
George Pita officer: CFO 3000 NW 107TH AVENUE, MIAMI FL 33172
Robert J Dwyer director 880 SOUTH OCEAN BOULEVARD, PALM BEACH FL 33480
Jose S Sorzano director AUSTIN GROUP INC, 5305 LEE HIGHWAY NORTH, ARLINGTON VA 22207
Julia L Johnson director NETCOMMUNICATIONS LLC, 614 GRAND HIGHWAY, CLAREMONT FL 34711
Javier Alberto Palomarez director 3405 PINNEY POINT DRIVE, FLOWER MOUND TX 75022
Jorge Mas director, 10 percent owner 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Jose Ramon Mas director, officer: EVP 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134
Daniel A Restrepo director C/O MASTEC, INC., 800 S. DOUGLAS RD., 12TH FLOOR, CORAL GABLES FL 33134

MasTec (MasTec) Headlines

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