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MSAfety (STU:M07) Cyclically Adjusted PS Ratio : 4.19 (As of Jun. 09, 2024)


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What is MSAfety Cyclically Adjusted PS Ratio?

As of today (2024-06-09), MSAfety's current share price is €158.00. MSAfety's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €37.74. MSAfety's Cyclically Adjusted PS Ratio for today is 4.19.

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

STU:M07' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.26   Med: 3.08   Max: 5.04
Current: 4.12

During the past years, MSAfety's highest Cyclically Adjusted PS Ratio was 5.04. The lowest was 1.26. And the median was 3.08.

STU:M07's Cyclically Adjusted PS Ratio is ranked worse than
87.59% of 693 companies
in the Business Services industry
Industry Median: 0.89 vs STU:M07: 4.12

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.

MSAfety's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.613. 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 €37.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSAfety Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MSAfety'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.

MSAfety Cyclically Adjusted PS Ratio Chart

MSAfety 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 3.79 4.39 4.15 3.72 4.15

MSAfety 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 3.38 4.35 3.88 4.15 4.66

Competitive Comparison of MSAfety's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, MSAfety'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.


MSAfety's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



MSAfety 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.00/37.74
=4.19

* 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.

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

For example, MSAfety'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)
=9.613/131.7762*131.7762
=9.613

Current CPI (Mar. 2024) = 131.7762.

MSAfety Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.512 100.560 7.223
201409 5.651 100.428 7.415
201412 6.679 99.070 8.884
201503 6.267 99.621 8.290
201506 6.761 100.684 8.849
201509 6.468 100.392 8.490
201512 7.668 99.792 10.126
201603 6.642 100.470 8.712
201606 6.958 101.688 9.017
201609 6.505 101.861 8.415
201612 7.343 101.863 9.499
201703 6.439 102.862 8.249
201706 6.627 103.349 8.450
201709 6.420 104.136 8.124
201712 7.555 104.011 9.572
201803 6.816 105.290 8.531
201806 7.466 106.317 9.254
201809 7.269 106.507 8.994
201812 8.133 105.998 10.111
201903 7.383 107.251 9.071
201906 7.903 108.070 9.637
201909 8.149 108.329 9.913
201912 8.584 108.420 10.433
202003 7.845 108.902 9.493
202006 7.124 108.767 8.631
202009 6.583 109.815 7.899
202012 8.113 109.897 9.728
202103 6.572 111.754 7.749
202106 7.186 114.631 8.261
202109 7.334 115.734 8.351
202112 9.186 117.630 10.291
202203 7.597 121.301 8.253
202206 8.935 125.017 9.418
202209 9.810 125.227 10.323
202212 10.624 125.222 11.180
202303 9.483 127.348 9.813
202306 10.476 128.729 10.724
202309 10.610 129.860 10.767
202312 11.330 129.419 11.536
202403 9.613 131.776 9.613

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.


MSAfety  (STU:M07) 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.


MSAfety Cyclically Adjusted PS Ratio Related Terms

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


MSAfety (STU:M07) Business Description

Traded in Other Exchanges
Address
1000 Cranberry Woods Drive, Cranberry Township, PA, USA, 16066-5207
MSA Safety Inc makes safety products that are used to protect workers in the oil and gas and mining industries. The products include breathing apparatuses, fall protection, portable gas detection systems, industrial head protection, fire and rescue helmets, and fixed gas and flame detection systems. End markets include the fire service, contractor, industrial, mining, oil and gas, and utilities industries. MSA Safety generates most of its revenue in North America. The company's reportable geographic segments are Americas, International and Corporate.

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