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Ampco-Pittsburgh (Ampco-Pittsburgh) Cyclically Adjusted PS Ratio : 0.07 (As of Apr. 28, 2024)


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What is Ampco-Pittsburgh Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Ampco-Pittsburgh's current share price is $2.11. Ampco-Pittsburgh's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $30.56. Ampco-Pittsburgh's Cyclically Adjusted PS Ratio for today is 0.07.

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

AP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.23   Max: 0.75
Current: 0.07

During the past years, Ampco-Pittsburgh's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.06. And the median was 0.23.

AP's Cyclically Adjusted PS Ratio is ranked better than
97.82% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs AP: 0.07

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.

Ampco-Pittsburgh's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.480. 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 $30.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ampco-Pittsburgh Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ampco-Pittsburgh'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.

Ampco-Pittsburgh Cyclically Adjusted PS Ratio Chart

Ampco-Pittsburgh 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 0.09 0.18 0.16 0.08 0.09

Ampco-Pittsburgh 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 0.08 0.08 0.10 0.08 0.09

Competitive Comparison of Ampco-Pittsburgh's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Ampco-Pittsburgh'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.


Ampco-Pittsburgh's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Ampco-Pittsburgh 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.

Ampco-Pittsburgh's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.11/30.56
=0.07

* 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.

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

For example, Ampco-Pittsburgh'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)
=5.48/129.4194*129.4194
=5.480

Current CPI (Dec. 2023) = 129.4194.

Ampco-Pittsburgh Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.036 99.695 7.836
201406 6.695 100.560 8.616
201409 6.275 100.428 8.086
201412 7.154 99.070 9.346
201503 6.220 99.621 8.081
201506 5.748 100.684 7.388
201509 5.565 100.392 7.174
201512 5.275 99.792 6.841
201603 5.777 100.470 7.442
201606 7.616 101.688 9.693
201609 6.753 101.861 8.580
201612 7.507 101.863 9.538
201703 8.436 102.862 10.614
201706 8.968 103.349 11.230
201709 8.404 104.136 10.444
201712 5.437 104.011 6.765
201803 8.596 105.290 10.566
201806 9.516 106.317 11.584
201809 7.910 106.507 9.612
201812 7.668 105.998 9.362
201903 8.602 107.251 10.380
201906 8.152 108.070 9.762
201909 7.189 108.329 8.589
201912 7.673 108.420 9.159
202003 7.186 108.902 8.540
202006 5.588 108.767 6.649
202009 5.236 109.815 6.171
202012 4.745 109.897 5.588
202103 4.200 111.754 4.864
202106 4.350 114.631 4.911
202109 4.252 115.734 4.755
202112 4.425 117.630 4.869
202203 4.921 121.301 5.250
202206 5.278 125.017 5.464
202209 5.104 125.227 5.275
202212 4.821 125.222 4.983
202303 5.401 127.348 5.489
202306 5.473 128.729 5.502
202309 5.181 129.860 5.163
202312 5.480 129.419 5.480

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.


Ampco-Pittsburgh  (NYSE:AP) 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.


Ampco-Pittsburgh Cyclically Adjusted PS Ratio Related Terms

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


Ampco-Pittsburgh (Ampco-Pittsburgh) Business Description

Traded in Other Exchanges
N/A
Address
726 Bell Avenue, Suite 301, Carnegie, PA, USA, 15106
Ampco-Pittsburgh Corp is a U,S.-based company manufacturing and selling engineered, specialty metal products and customized equipment. It operates in two business segments namely the Forged and Cast Engineered Products segment and the Air and Liquid Processing segment. The Forged and Cast Engineered Products segment produces forged hardened steel rolls, cast rolls, and open-die forged products. Forged hardened steel rolls are used in cold rolling mills by producers of steel, aluminum, and other metals whereas, the Air and Liquid Processing segment includes Aerofin, Buffalo Air Handling, and Buffalo Pumps. The company generates a majority of its revenue from the Forged and Cast Engineered Products segment. It has a business presence in the U,S and other countries.
Executives
Darrell L Mcnair director 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Frederick D. Disanto director 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
David George Anderson officer: President,Air&Liq. Proc. Group 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Robert Demichiei director 726 BELL AVE., SUITE 301, PO BOX 457, CARNEGIE PA 15106
Michael G Mcauley officer: CFO & Treasurer 1550 CORAOPOLIS HEIGHTS ROAD, SUITE 500, PITTSBURGH PA 15108
Louis Berkman Investment Co 10 percent owner 330 N. SEVENTH STREET, STEUBENVILLE OH 43952
Brett Mcbrayer director, officer: Chief Executive Officer 726 BELL AVENUE, SUITE 301, CARNEGIE PA 15106
Pforzheimer Carl H Ii director CARL H PFORZHEIMER & CO, 650 MADISON 23 FLOOR, NEW YORK NY 10022
Samuel Lyon officer: President of Union Electric C/O UNION ELECTRIC STEEL CORPORATION, 726 BELL AVENUE, CARNEGIE PA 15106
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Crawford United Corp other: Member of 10% owner group 10514 DUPONT AVE, CLEVELAND OH 44108
Edward F Crawford other: Member of 10% owner group
2006 Irrevocable Trust Of Laura W. Van Loan For The Benefit Of Mary M. Crawford other: Member of 10% owner group 6065 PARKLAND BOULEVARD, CLEVELAND OH 44124
Altor Ii Aggregator Topco Ltd 10 percent owner 11-15 SEATON PLACE, ST. HELIER Y9 JE4 0QH
Terry L Dunlap director 1000 SIX PPG PLACE, PITTSBURGH PA 15222