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Cargotec Oyj (OHEL:CGCBV) Cyclically Adjusted PS Ratio : 1.26 (As of May. 21, 2024)


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What is Cargotec Oyj Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Cargotec Oyj's current share price is €80.15. Cargotec Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €63.76. Cargotec Oyj's Cyclically Adjusted PS Ratio for today is 1.26.

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

OHEL:CGCBV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.64   Max: 1.26
Current: 1.24

During the past years, Cargotec Oyj's highest Cyclically Adjusted PS Ratio was 1.26. The lowest was 0.30. And the median was 0.64.

OHEL:CGCBV's Cyclically Adjusted PS Ratio is ranked worse than
55.56% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs OHEL:CGCBV: 1.24

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.

Cargotec Oyj's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.591. 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 €63.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cargotec Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cargotec Oyj'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.

Cargotec Oyj Cyclically Adjusted PS Ratio Chart

Cargotec Oyj 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 0.55 0.61 0.78 0.67 0.83

Cargotec Oyj 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 0.72 0.80 0.62 0.83 1.01

Competitive Comparison of Cargotec Oyj's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Cargotec Oyj'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.


Cargotec Oyj's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Cargotec Oyj 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.

Cargotec Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.15/63.76
=1.26

* 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.

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

For example, Cargotec Oyj'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)
=9.591/122.3600*122.3600
=9.591

Current CPI (Mar. 2024) = 122.3600.

Cargotec Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.828 100.147 15.673
201409 13.085 100.726 15.895
201412 14.870 100.229 18.153
201503 13.710 100.120 16.755
201506 14.586 100.030 17.842
201509 14.257 100.130 17.422
201512 14.960 99.990 18.307
201603 12.889 100.080 15.758
201606 13.973 100.390 17.031
201609 13.220 100.540 16.089
201612 13.957 101.020 16.905
201703 12.182 100.910 14.771
201706 12.857 101.140 15.555
201709 11.325 101.320 13.677
201712 13.734 101.510 16.555
201803 11.886 101.730 14.296
201806 14.409 102.320 17.231
201809 12.411 102.600 14.801
201812 13.956 102.710 16.626
201903 13.296 102.870 15.815
201906 14.143 103.360 16.743
201909 13.960 103.540 16.497
201912 15.755 103.650 18.599
202003 13.552 103.490 16.023
202006 11.660 103.320 13.809
202009 11.970 103.710 14.123
202012 13.428 103.890 15.815
202103 11.400 104.870 13.301
202106 13.279 105.360 15.422
202109 12.740 106.290 14.666
202112 14.256 107.490 16.228
202203 13.245 110.950 14.607
202206 14.730 113.570 15.870
202209 16.202 114.920 17.251
202212 19.156 117.320 19.979
202303 9.152 119.750 9.351
202306 18.494 120.690 18.750
202309 16.954 121.280 17.105
202312 18.574 121.540 18.699
202403 9.591 122.360 9.591

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.


Cargotec Oyj  (OHEL:CGCBV) 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.


Cargotec Oyj Cyclically Adjusted PS Ratio Related Terms

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


Cargotec Oyj (OHEL:CGCBV) Business Description

Traded in Other Exchanges
Address
Porkkalankatu 5, Helsinki, FIN, 00180
Cargotec Oyj provides cargo and load handling solutions. Its product portfolio consists of a wide range of handling equipment and solutions, including services for terminals and distribution centers, spare parts for on-road delivery, and systems for handling marine cargo. Mobile equipment mixed with automation and energy-efficient offerings helps customers integrate different handling processes. Cargotec operates three business segments: Kalmar, Hiab, and MacGregor. The majority of sales derive from distributing products, but a global network offers services and components. Customers range from small businesses to large national organizations. The company has established customer relationships in Europe/Middle East/Africa, Asia-Pacific, and the Americas.

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