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MSC Industrial Direct Co (STU:98M) Cyclically Adjusted PS Ratio : 1.37 (As of May. 17, 2024)


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What is MSC Industrial Direct Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), MSC Industrial Direct Co's current share price is €85.26. MSC Industrial Direct Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €62.30. MSC Industrial Direct Co's Cyclically Adjusted PS Ratio for today is 1.37.

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

STU:98M' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.8   Max: 3.14
Current: 1.36

During the past years, MSC Industrial Direct Co's highest Cyclically Adjusted PS Ratio was 3.14. The lowest was 0.97. And the median was 1.80.

STU:98M's Cyclically Adjusted PS Ratio is ranked worse than
75.81% of 124 companies
in the Industrial Distribution industry
Industry Median: 0.575 vs STU:98M: 1.36

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.

MSC Industrial Direct Co's adjusted revenue per share data for the three months ended in Feb. 2024 was €15.355. 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 €62.30 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSC Industrial Direct Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MSC Industrial Direct 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.

MSC Industrial Direct Co Cyclically Adjusted PS Ratio Chart

MSC Industrial Direct Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.30 1.52 1.28 1.54

MSC Industrial Direct Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.32 1.38 1.54 1.46 1.49

Competitive Comparison of MSC Industrial Direct Co's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, MSC Industrial Direct 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.


MSC Industrial Direct Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

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

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



MSC Industrial Direct 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.

MSC Industrial Direct Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.26/62.3
=1.37

* 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.

MSC Industrial Direct Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, MSC Industrial Direct Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=15.355/130.9299*130.9299
=15.355

Current CPI (Feb. 2024) = 130.9299.

MSC Industrial Direct Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 8.431 100.373 10.998
201408 8.799 100.352 11.480
201411 9.527 99.635 12.519
201502 10.108 99.032 13.364
201505 10.862 100.333 14.174
201508 10.635 100.548 13.848
201511 10.728 100.135 14.027
201602 10.064 100.040 13.172
201605 10.479 101.355 13.537
201608 11.038 101.617 14.222
201611 11.238 101.829 14.450
201702 11.551 102.779 14.715
201705 11.757 103.256 14.908
201708 11.240 103.587 14.207
201711 11.589 104.072 14.580
201802 10.948 105.052 13.645
201805 12.337 106.148 15.217
201808 12.815 106.383 15.772
201811 13.108 106.338 16.139
201902 13.097 106.649 16.079
201905 13.987 108.048 16.949
201908 13.683 108.245 16.551
201911 13.443 108.519 16.219
202002 12.968 109.139 15.557
202005 13.771 108.175 16.668
202008 11.317 109.662 13.512
202011 11.693 109.793 13.944
202102 11.403 110.968 13.454
202105 12.652 113.576 14.585
202108 12.624 115.421 14.320
202111 13.308 117.269 14.858
202202 13.576 119.703 14.849
202205 16.163 123.323 17.160
202208 17.978 124.958 18.837
202211 16.753 125.607 17.463
202302 16.038 126.928 16.544
202305 17.275 128.314 17.627
202308 16.812 129.538 16.993
202311 15.540 129.548 15.706
202402 15.355 130.930 15.355

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.


MSC Industrial Direct Co  (STU:98M) 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.


MSC Industrial Direct Co Cyclically Adjusted PS Ratio Related Terms

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


MSC Industrial Direct Co (STU:98M) Business Description

Traded in Other Exchanges
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.

MSC Industrial Direct Co (STU:98M) Headlines

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