GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » AGCO Corp (NYSE:AGCO) » Definitions » Cyclically Adjusted PS Ratio

AGCO (AGCO) Cyclically Adjusted PS Ratio : 0.80 (As of Apr. 27, 2024)


View and export this data going back to 1992. Start your Free Trial

What is AGCO Cyclically Adjusted PS Ratio?

As of today (2024-04-27), AGCO's current share price is $116.61. AGCO's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $145.15. AGCO's Cyclically Adjusted PS Ratio for today is 0.80.

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

AGCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.69   Max: 1.34
Current: 0.8

During the past years, AGCO's highest Cyclically Adjusted PS Ratio was 1.34. The lowest was 0.38. And the median was 0.69.

AGCO's Cyclically Adjusted PS Ratio is ranked better than
58.48% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.98 vs AGCO: 0.80

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.

AGCO's adjusted revenue per share data for the three months ended in Dec. 2023 was $50.948. 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 $145.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AGCO Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AGCO'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.

AGCO Cyclically Adjusted PS Ratio Chart

AGCO 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 0.72 0.92 0.94 1.02 0.84

AGCO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.02 0.97 0.93 0.82 0.84

Competitive Comparison of AGCO's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, AGCO'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.


AGCO's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, AGCO's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



AGCO 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=116.61/145.15
=0.80

* 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.

AGCO's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AGCO's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=50.948/129.4194*129.4194
=50.948

Current CPI (Dec. 2023) = 129.4194.

AGCO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 24.155 99.695 31.357
201406 28.920 100.560 37.220
201409 22.972 100.428 29.604
201412 27.250 99.070 35.598
201503 19.130 99.621 24.852
201506 23.595 100.684 30.329
201509 20.028 100.392 25.819
201512 23.047 99.792 29.889
201603 18.764 100.470 24.171
201606 24.307 101.688 30.936
201609 21.802 101.861 27.701
201612 25.916 101.863 32.927
201703 20.473 102.862 25.759
201706 27.031 103.349 33.850
201709 24.767 104.136 30.780
201712 31.396 104.011 39.066
201803 24.938 105.290 30.653
201806 31.641 106.317 38.517
201809 27.788 106.507 33.766
201812 33.022 105.998 40.319
201903 25.752 107.251 31.075
201906 31.381 108.070 37.581
201909 27.502 108.329 32.856
201912 32.772 108.420 39.119
202003 25.406 108.902 30.193
202006 26.686 108.767 31.753
202009 33.123 109.815 39.036
202012 35.798 109.897 42.157
202103 31.340 111.754 36.294
202106 37.935 114.631 42.829
202109 36.046 115.734 40.308
202112 41.846 117.630 46.040
202203 35.857 121.301 38.257
202206 39.322 125.017 40.707
202209 41.677 125.227 43.072
202212 52.055 125.222 53.800
202303 44.447 127.348 45.170
202306 50.969 128.729 51.242
202309 46.073 129.860 45.917
202312 50.948 129.419 50.948

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.


AGCO  (NYSE:AGCO) 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.


AGCO Cyclically Adjusted PS Ratio Related Terms

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


AGCO (AGCO) Business Description

Traded in Other Exchanges
Address
4205 River Green Parkway, Duluth, GA, USA, 30096
Agco is a global manufacturer of agricultural equipment. The company has five core brands: Fendt, Massey Ferguson, Challenger, Valtra, and GSI. Unlike its competitors, Agco's product line extends beyond self-propelled equipment and implements to grain handling systems and livestock management solutions. Its products are available through a global dealer network, which includes over 3,200 dealer and distribution locations. Agco offers retail and wholesale financing to customers through its joint venture with Rabobank, a European food- and agriculture-focused bank.
Executives
Dehner Torsten Rudolf Willi officer: SVP Gen Mgr Europe Middle East AGCO INTERNATIONAL GMBH, VICTOR VON BRUNS STRASSE 17, NEUHAUSEN AM RHEINFALL V8 CH 8212
Robert B Crain officer: Sr VP Gen. Mgr. North America AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096-2584
Felli Luis Fernando Sartini officer: SVP Gen Manager South America AGCO AMERICA DO SUL, RUA JAMES JOULE, 92 - CONJ 161 BROOKLIN, SAO PAULO D5 04576-080
Lara Thrush Long officer: VP, Chief Accounting Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
George E Minnich director 4 WEST RED OAK LANE, WHITE PLAINS NY 10604
Timothy Millwood officer: SVP Chief Supply Chain Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Andrew H Beck officer: Sr. VP and CFO
Damon J Audia officer: SVP, Chief Financial Officer 525 WILLIAM PENN PLACE, 33RD FLOOR, PITTSBURGH PA 15219
David M. Sagehorn director 2307 OREGON STREET, PO BOX 2566, OSHKOSH WI 54903-2566
Niels Porksen director 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Hans Bernd Veltmaat officer: Sr VP Manufacturing & Quality AGCO GMBH, VICTOR VON BRUNS STRASSE 17, CH 8212 NEUHAUSEN V8 CH 8212
Gary L Collar officer: SVP, General Manager, EAME 11975 S MAGNOLIA CIRCLE, ALPHARETTA GA 30005
Kelvin Eugene Bennett officer: SVP, Engineering AGCO INTERNATIONAL GMBH, VICTOR VON BRUNS STRASSE 17, NEUHAUSEN AM RHEINFALL V8 CH 8212
Ivory Marie Harris officer: SVP Chief HR Officer AGCO CORPORATION, 4205 RIVER GREEN PARKWAY, DULUTH GA 30096
Wolfgang Deml director