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John Bean Technologies (STU:JBT) Cyclically Adjusted PS Ratio : 1.59 (As of Jun. 09, 2024)


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What is John Bean Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-09), John Bean Technologies's current share price is €85.50. John Bean Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €53.64. John Bean Technologies's Cyclically Adjusted PS Ratio for today is 1.59.

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

STU:JBT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.32   Max: 3.44
Current: 1.56

During the past years, John Bean Technologies's highest Cyclically Adjusted PS Ratio was 3.44. The lowest was 1.43. And the median was 2.32.

STU:JBT's Cyclically Adjusted PS Ratio is ranked worse than
54.19% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs STU:JBT: 1.56

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.

John Bean Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was €11.209. 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 €53.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


John Bean Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for John Bean Technologies'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.

John Bean Technologies Cyclically Adjusted PS Ratio Chart

John Bean Technologies 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 2.55 2.44 3.05 1.66 1.72

John Bean Technologies 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 1.94 2.12 1.81 1.72 1.77

Competitive Comparison of John Bean Technologies's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, John Bean Technologies'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.


John Bean Technologies's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



John Bean Technologies 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.

John Bean Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.50/53.64
=1.59

* 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.

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

For example, John Bean Technologies'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)
=11.209/131.7762*131.7762
=11.209

Current CPI (Mar. 2024) = 131.7762.

John Bean Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.115 100.560 8.013
201409 6.312 100.428 8.282
201412 7.933 99.070 10.552
201503 6.977 99.621 9.229
201506 7.612 100.684 9.963
201509 8.171 100.392 10.725
201512 10.917 99.792 14.416
201603 8.049 100.470 10.557
201606 9.820 101.688 12.726
201609 10.453 101.861 13.523
201612 12.884 101.863 16.668
201703 10.596 102.862 13.574
201706 10.639 103.349 13.565
201709 11.067 104.136 14.005
201712 12.128 104.011 15.365
201803 10.243 105.290 12.820
201806 13.183 106.317 16.340
201809 12.866 106.507 15.919
201812 14.667 105.998 18.234
201903 11.619 107.251 14.276
201906 13.686 108.070 16.688
201909 13.930 108.329 16.945
201912 15.200 108.420 18.474
202003 12.985 108.902 15.712
202006 11.419 108.767 13.835
202009 11.087 109.815 13.304
202012 11.252 109.897 13.492
202103 10.967 111.754 12.932
202106 12.293 114.631 14.132
202109 12.641 115.734 14.393
202112 0.830 117.630 0.930
202203 13.272 121.301 14.418
202206 11.648 125.017 12.278
202209 12.587 125.227 13.245
202212 12.855 125.222 13.528
202303 11.304 127.348 11.697
202306 12.336 128.729 12.628
202309 11.818 129.860 11.992
202312 12.583 129.419 12.812
202403 11.209 131.776 11.209

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.


John Bean Technologies  (STU:JBT) 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.


John Bean Technologies Cyclically Adjusted PS Ratio Related Terms

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


John Bean Technologies (STU:JBT) Business Description

Traded in Other Exchanges
Address
70 West Madison Street, Suite 4400, Chicago, IL, USA, 60602
John Bean Technologies spun out of FMC Technologies in August 2008. Over half of JBT's sales are made in the United States. Its FoodTech business provides both customized and turnkey industrial solutions for the food and beverage industry, including a large variety of protein processing and packaging solutions, as well as fruit and juice extraction and ready-to-eat solutions.