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MAX Co (MAX Co) Cyclically Adjusted PS Ratio : 2.07 (As of Jun. 06, 2024)


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What is MAX Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), MAX Co's current share price is $10.3727. MAX Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $5.01. MAX Co's Cyclically Adjusted PS Ratio for today is 2.07.

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

MXCLF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.98   Med: 1.28   Max: 2.38
Current: 2.38

During the past years, MAX Co's highest Cyclically Adjusted PS Ratio was 2.38. The lowest was 0.98. And the median was 1.28.

MXCLF's Cyclically Adjusted PS Ratio is ranked worse than
66.91% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs MXCLF: 2.38

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 Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.056. 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 $5.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MAX Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MAX Co'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 Co Cyclically Adjusted PS Ratio Chart

MAX Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 1.22 1.22 1.42 2.07

MAX Co 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 1.42 1.74 1.78 2.10 2.07

Competitive Comparison of MAX Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, MAX Co'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 Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.3727/5.01
=2.07

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

For example, MAX Co'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)
=3.056/107.2000*107.2000
=3.056

Current CPI (Mar. 2024) = 107.2000.

MAX Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.049 98.000 3.335
201409 3.011 98.500 3.277
201412 2.796 97.900 3.062
201503 2.902 97.900 3.178
201506 2.595 98.400 2.827
201509 2.806 98.500 3.054
201512 2.798 98.100 3.058
201603 3.109 97.900 3.404
201606 3.037 98.100 3.319
201609 3.309 98.000 3.620
201612 2.952 98.400 3.216
201703 3.187 98.100 3.483
201706 2.897 98.500 3.153
201709 3.132 98.800 3.398
201712 3.118 99.400 3.363
201803 3.418 99.200 3.694
201806 3.109 99.200 3.360
201809 3.142 99.900 3.372
201812 3.268 99.700 3.514
201903 3.275 99.700 3.521
201906 3.264 99.800 3.506
201909 3.353 100.100 3.591
201912 3.278 100.500 3.497
202003 3.285 100.300 3.511
202006 2.770 99.900 2.972
202009 2.995 99.900 3.214
202012 3.280 99.300 3.541
202103 3.316 99.900 3.558
202106 3.268 99.500 3.521
202109 3.513 100.100 3.762
202112 3.513 100.100 3.762
202203 3.479 101.100 3.689
202206 3.209 101.800 3.379
202209 3.191 103.100 3.318
202212 3.434 104.100 3.536
202303 3.232 104.400 3.319
202306 3.171 105.200 3.231
202309 3.127 106.200 3.156
202312 3.330 106.800 3.342
202403 3.056 107.200 3.056

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 Co  (OTCPK:MXCLF) 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 Co Cyclically Adjusted PS Ratio Related Terms

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


MAX Co (MAX Co) Business Description

Traded in Other Exchanges
Address
6-6 Nihonbashi Hakozakicho, Chuo-ku, Tokyo, JPN, 103-8502
MAX Co Ltd manufactures and distributes office supplies and industrial equipment. The company operates through office equipment, industrial equipment, and home care and rehabilitation (HCR) equipment divisions. It mainly offers products such as hand-held staplers and automatic staplers, numbering tools, check writers, and other office supplies. It also markets fastening devices for various purposes such as concrete reinforcing bar tying machines, air compressors, and rechargeable tools.

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