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Krones AG (XSWX:KRN) Cyclically Adjusted PS Ratio : (As of Jun. 16, 2024)


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What is Krones AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Krones AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Krones AG'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.

Krones AG Cyclically Adjusted PS Ratio Chart

Krones AG 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 0.65 0.62 0.84 0.83 0.83

Krones AG 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 0.83 0.84 0.73 0.83 0.89

Competitive Comparison of Krones AG's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Krones AG'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.


Krones AG's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Krones AG 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.

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

For example, Krones AG'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)
=38.127/125.0381*125.0381
=38.127

Current CPI (Mar. 2024) = 125.0381.

Krones AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.255 99.543 35.492
201409 27.722 99.823 34.725
201412 30.038 99.543 37.732
201503 24.707 99.717 30.981
201506 25.476 100.417 31.723
201509 26.351 100.417 32.812
201512 31.065 99.717 38.953
201603 26.741 100.017 33.431
201606 27.276 100.717 33.863
201609 28.288 101.017 35.015
201612 34.314 101.217 42.390
201703 30.583 101.417 37.706
201706 30.135 102.117 36.899
201709 26.607 102.717 32.389
201712 43.647 102.617 53.184
201803 32.874 102.917 39.940
201806 33.037 104.017 39.713
201809 32.449 104.718 38.746
201812 41.309 104.217 49.562
201903 35.127 104.217 42.145
201906 32.008 105.718 37.858
201909 34.546 106.018 40.744
201912 36.948 105.818 43.659
202003 31.606 105.718 37.382
202006 25.655 106.618 30.087
202009 25.596 105.818 30.245
202012 29.890 105.518 35.420
202103 30.643 107.518 35.636
202106 29.271 108.486 33.737
202109 31.714 109.435 36.236
202112 32.659 110.384 36.995
202203 31.984 113.968 35.091
202206 32.384 115.760 34.979
202209 32.299 118.818 33.990
202212 36.411 119.345 38.148
202303 37.600 122.402 38.410
202306 34.648 123.140 35.182
202309 35.394 124.195 35.634
202312 36.868 123.773 37.245
202403 38.127 125.038 38.127

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.


Krones AG  (XSWX:KRN) 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.


Krones AG Cyclically Adjusted PS Ratio Related Terms

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Krones AG (XSWX:KRN) Business Description

Industry
Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

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