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Methode Electronics (STU:ME5A) Cyclically Adjusted PS Ratio : 0.36 (As of May. 26, 2024)


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What is Methode Electronics Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Methode Electronics's current share price is €10.70. Methode Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €29.48. Methode Electronics's Cyclically Adjusted PS Ratio for today is 0.36.

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

STU:ME5A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.81   Max: 3.2
Current: 0.38

During the past years, Methode Electronics's highest Cyclically Adjusted PS Ratio was 3.20. The lowest was 0.35. And the median was 1.81.

STU:ME5A's Cyclically Adjusted PS Ratio is ranked better than
78.41% of 1922 companies
in the Hardware industry
Industry Median: 1.07 vs STU:ME5A: 0.38

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.

Methode Electronics's adjusted revenue per share data for the three months ended in Jan. 2024 was €6.743. 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 €29.48 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Methode Electronics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Methode Electronics'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.

Methode Electronics Cyclically Adjusted PS Ratio Chart

Methode Electronics Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.41 1.89 1.63 1.36

Methode Electronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.63 1.36 1.10 0.74 0.67

Competitive Comparison of Methode Electronics's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, Methode Electronics'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.


Methode Electronics's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Methode Electronics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Methode Electronics 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.

Methode Electronics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.70/29.48
=0.36

* 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.

Methode Electronics's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Methode Electronics's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=6.743/130.1244*130.1244
=6.743

Current CPI (Jan. 2024) = 130.1244.

Methode Electronics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.223 100.023 5.494
201407 4.170 100.520 5.398
201410 4.586 100.176 5.957
201501 4.477 98.604 5.908
201504 5.358 99.824 6.984
201507 4.735 100.691 6.119
201510 4.752 100.346 6.162
201601 4.442 99.957 5.783
201604 4.997 100.947 6.441
201607 4.635 101.524 5.941
201610 5.062 101.988 6.459
201701 4.907 102.456 6.232
201704 5.467 103.167 6.895
201707 4.644 103.278 5.851
201710 5.198 104.070 6.499
201801 5.013 104.578 6.238
201804 5.440 105.708 6.697
201807 5.081 106.324 6.218
201810 6.097 106.695 7.436
201901 5.744 106.200 7.038
201904 6.269 107.818 7.566
201907 6.399 108.250 7.692
201910 6.161 108.577 7.384
202001 6.823 108.841 8.157
202004 5.070 108.173 6.099
202007 4.353 109.318 5.182
202010 6.706 109.861 7.943
202101 6.314 110.364 7.444
202104 6.529 112.673 7.540
202107 6.331 115.183 7.152
202110 6.689 116.696 7.459
202201 6.878 118.619 7.545
202204 7.176 121.978 7.655
202207 7.459 125.002 7.765
202210 8.703 125.734 9.007
202301 7.106 126.223 7.326
202304 7.533 127.992 7.658
202307 7.218 128.974 7.282
202310 7.646 129.810 7.665
202401 6.743 130.124 6.743

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.


Methode Electronics  (STU:ME5A) 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.


Methode Electronics Cyclically Adjusted PS Ratio Related Terms

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


Methode Electronics (STU:ME5A) Business Description

Traded in Other Exchanges
Address
8750 West Bryn Mawr Avenue, Suite 1000, Chicago, IL, USA, 60631-3518
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.

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