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Balchem (Balchem) Cyclically Adjusted PS Ratio : 6.12 (As of May. 15, 2024)


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What is Balchem Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Balchem's current share price is $155.27. Balchem's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $25.39. Balchem's Cyclically Adjusted PS Ratio for today is 6.12.

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

BCPC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.65   Med: 6.28   Max: 8.7
Current: 6.12

During the past years, Balchem's highest Cyclically Adjusted PS Ratio was 8.70. The lowest was 4.65. And the median was 6.28.

BCPC's Cyclically Adjusted PS Ratio is ranked worse than
90.37% of 1204 companies
in the Chemicals industry
Industry Median: 1.24 vs BCPC: 6.12

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.

Balchem's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.345. 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 $25.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balchem Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Balchem'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.

Balchem Cyclically Adjusted PS Ratio Chart

Balchem 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 6.34 6.62 8.46 5.35 5.95

Balchem 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 5.36 5.57 5.01 5.95 6.10

Competitive Comparison of Balchem's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Balchem'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.


Balchem's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Balchem's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Balchem 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=155.27/25.39
=6.12

* 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.

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

For example, Balchem'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)
=7.345/129.4194*129.4194
=7.345

Current CPI (Mar. 2024) = 129.4194.

Balchem Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.245 100.560 5.463
201409 5.136 100.428 6.619
201412 5.201 99.070 6.794
201503 4.605 99.621 5.982
201506 4.261 100.684 5.477
201509 4.418 100.392 5.695
201512 4.174 99.792 5.413
201603 4.247 100.470 5.471
201606 4.354 101.688 5.541
201609 4.331 101.861 5.503
201612 4.395 101.863 5.584
201703 4.279 102.862 5.384
201706 4.567 103.349 5.719
201709 4.675 104.136 5.810
201712 4.929 104.011 6.133
201803 4.993 105.290 6.137
201806 5.046 106.317 6.142
201809 4.761 106.507 5.785
201812 5.044 105.998 6.159
201903 4.830 107.251 5.828
201906 4.958 108.070 5.937
201909 4.887 108.329 5.838
201912 5.127 108.420 6.120
202003 5.364 108.902 6.375
202006 5.339 108.767 6.353
202009 5.386 109.815 6.348
202012 5.558 109.897 6.545
202103 5.685 111.754 6.584
202106 6.198 114.631 6.998
202109 6.061 115.734 6.778
202112 6.511 117.630 7.164
202203 7.047 121.301 7.519
202206 7.325 125.017 7.583
202209 7.547 125.227 7.800
202212 7.178 125.222 7.419
202303 7.174 127.348 7.291
202306 7.130 128.729 7.168
202309 7.081 129.860 7.057
202312 7.043 129.419 7.043
202403 7.345 129.419 7.345

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.


Balchem  (NAS:BCPC) 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.


Balchem Cyclically Adjusted PS Ratio Related Terms

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


Balchem (Balchem) Business Description

Industry
Traded in Other Exchanges
Address
5 Paragon Drive, Montvale, NJ, USA, 07645
Balchem Corp is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, agricultural, and medical sterilization industries. The segments include 1) Human Nutrition and Health segment provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications. 2) Animal Nutrition and Health segment provide nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride. 3) Specialty Products segment includes re-packaging and distributing a number of performance gases and chemicals for various uses, notably ethylene oxide, propylene oxide, and ammonia.
Executives
David B Fischer director 425 WINTER ROAD, DELAWARE OH 43015
Olivier Rigaud director CORBION NV, PIET HEINKADE 127, AMSTERDAM P7 1019 GM
Monica Vicente director C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Michael Robert Sestrick officer: Chief Technology Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Frederic Boned officer: SVP/GM, Human Nutri. & Health 5 PARAGON DRIVE, MONTVALE NJ 07645
Van Gunsteren Job Leonard officer: Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Hatsuki Miyata officer: General Counsel and Secretary 5 PARAGON DRIVE, MONTVALE NJ 07645
Michael Bent Tignor officer: Chief Human Resources Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Jonathan Harrison Griffin officer: Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Martin Luther Reid officer: Chief Supply Chain Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
William A. Backus officer: Chief Accounting Officer 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Kathleen B Fish director ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202
James C Hyde officer: Sr. Vice President 52 SUNRISE PARK ROAD, NEW HAMPTON NY 10958
Scott C Mason officer: Vice President C/O NOVAMERICAN STEEL INC, 1050 UNIVERSITY AVENUE, NORWOOD MA 02062
Joyce J. Lee director C/O ZOETIS INC., 100 CAMPUS DRIVE, FLORHAM PARK NJ 07940