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Marel hf (XAMS:MAREL) Cyclically Adjusted PS Ratio : 1.46 (As of Jun. 19, 2024)


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What is Marel hf Cyclically Adjusted PS Ratio?

As of today (2024-06-19), Marel hf's current share price is €3.29. Marel hf's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €2.25. Marel hf's Cyclically Adjusted PS Ratio for today is 1.46.

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

XAMS:MAREL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.1   Med: 2.31   Max: 3.92
Current: 1.45

During the past years, Marel hf's highest Cyclically Adjusted PS Ratio was 3.92. The lowest was 1.10. And the median was 2.31.

XAMS:MAREL's Cyclically Adjusted PS Ratio is ranked worse than
51% of 2198 companies
in the Industrial Products industry
Industry Median: 1.4 vs XAMS:MAREL: 1.45

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.

Marel hf's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.547. 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 €2.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marel hf Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marel hf'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.

Marel hf Cyclically Adjusted PS Ratio Chart

Marel hf 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 2.72 3.28 3.38 1.67 1.45

Marel hf 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 1.87 1.38 1.25 1.45 1.42

Competitive Comparison of Marel hf's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Marel hf'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.


Marel hf's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Marel hf 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.

Marel hf's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.29/2.25
=1.46

* 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.

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

For example, Marel hf'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)
=0.547/144.9095*144.9095
=0.547

Current CPI (Mar. 2024) = 144.9095.

Marel hf Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.231 98.777 0.339
201409 0.256 98.734 0.376
201412 0.273 98.669 0.401
201503 0.287 99.612 0.418
201506 0.302 100.289 0.436
201509 0.266 100.607 0.383
201512 0.285 100.657 0.410
201603 0.309 101.115 0.443
201606 0.367 101.923 0.522
201609 0.325 102.457 0.460
201612 0.347 102.562 0.490
201703 0.352 102.768 0.496
201706 0.342 103.496 0.479
201709 0.347 103.871 0.484
201712 0.420 104.481 0.583
201803 0.416 105.600 0.571
201806 0.430 106.206 0.587
201809 0.416 106.727 0.565
201812 0.488 108.388 0.652
201903 0.486 108.702 0.648
201906 0.486 109.758 0.642
201909 0.407 109.922 0.537
201912 0.417 110.588 0.546
202003 0.394 111.019 0.514
202006 0.404 112.667 0.520
202009 0.381 113.772 0.485
202012 0.452 114.542 0.572
202103 0.439 115.833 0.549
202106 0.432 117.451 0.533
202109 0.437 118.723 0.533
202112 0.483 120.398 0.581
202203 0.483 123.555 0.566
202206 0.521 127.809 0.591
202209 0.597 129.810 0.666
202212 0.650 131.901 0.714
202303 0.593 135.674 0.633
202306 0.559 139.150 0.582
202309 0.535 140.147 0.553
202312 0.594 142.125 0.606
202403 0.547 144.910 0.547

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.


Marel hf  (XAMS:MAREL) 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.


Marel hf Cyclically Adjusted PS Ratio Related Terms

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


Marel hf (XAMS:MAREL) Business Description

Traded in Other Exchanges
Address
Austurhraun 9, Gardabaer, ISL, 210
Marel hf is an Iceland-based company that acts as a provider of equipment, systems and services for the poultry, fish, meat and further processing industries and is involved in the manufacturing, development, distribution and sales of solutions for these industries. The company offers systems for processing broilers, turkeys and ducks, equipment and systems for salmon and whitefish processing, both farmed and wild, onboard and ashore. In addition, it also focuses on deboning and trimming, case ready foodservice and bacon processing. The firm also provides products for portioning, coating, heat treatment and sausage making. It organizes its business in four divisions; poultry, fish, meat, and others.

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