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Compx International (Compx International) Cyclically Adjusted PS Ratio : 1.92 (As of May. 15, 2024)


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What is Compx International Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Compx International's current share price is $23.00. Compx International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.95. Compx International's Cyclically Adjusted PS Ratio for today is 1.92.

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

CIX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.57   Max: 2.98
Current: 1.84

During the past years, Compx International's highest Cyclically Adjusted PS Ratio was 2.98. The lowest was 0.86. And the median was 1.57.

CIX's Cyclically Adjusted PS Ratio is ranked worse than
70.77% of 691 companies
in the Business Services industry
Industry Median: 0.88 vs CIX: 1.84

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.

Compx International's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.084. 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 $11.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compx International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Compx International'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.

Compx International Cyclically Adjusted PS Ratio Chart

Compx International 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 1.67 1.57 2.23 1.65 2.12

Compx International 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 1.57 1.87 1.57 2.12 2.87

Competitive Comparison of Compx International's Cyclically Adjusted PS Ratio

For the Security & Protection Services subindustry, Compx International'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.


Compx International's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Compx International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Compx International 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.

Compx International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.00/11.95
=1.92

* 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.

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

For example, Compx International'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)
=3.084/129.4194*129.4194
=3.084

Current CPI (Mar. 2024) = 129.4194.

Compx International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.165 100.560 2.786
201409 2.134 100.428 2.750
201412 1.995 99.070 2.606
201503 2.249 99.621 2.922
201506 2.331 100.684 2.996
201509 2.136 100.392 2.754
201512 2.069 99.792 2.683
201603 2.182 100.470 2.811
201606 2.183 101.688 2.778
201609 2.287 101.861 2.906
201612 2.120 101.863 2.694
201703 2.411 102.862 3.033
201706 2.415 103.349 3.024
201709 2.172 104.136 2.699
201712 2.019 104.011 2.512
201803 2.287 105.290 2.811
201806 2.605 106.317 3.171
201809 2.415 106.507 2.935
201812 2.203 105.998 2.690
201903 2.507 107.251 3.025
201906 2.712 108.070 3.248
201909 2.389 108.329 2.854
201912 2.381 108.420 2.842
202003 2.597 108.902 3.086
202006 1.912 108.767 2.275
202009 2.283 109.815 2.691
202012 2.409 109.897 2.837
202103 2.887 111.754 3.343
202106 2.923 114.631 3.300
202109 2.785 115.734 3.114
202112 2.750 117.630 3.026
202203 3.396 121.301 3.623
202206 3.370 125.017 3.489
202209 3.483 125.227 3.600
202212 3.249 125.222 3.358
202303 3.344 127.348 3.398
202306 2.974 128.729 2.990
202309 3.277 129.860 3.266
202312 3.505 129.419 3.505
202403 3.084 129.419 3.084

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.


Compx International  (AMEX:CIX) 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.


Compx International Cyclically Adjusted PS Ratio Related Terms

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


Compx International (Compx International) Business Description

Traded in Other Exchanges
N/A
Address
5430 LBJ Freeway, Suite 1700, Dallas, TX, USA, 75240-2620
Compx International Inc is a manufacturer of security products. Its security products are primarily used in recreational transportation, postal, office & institutional furniture, cabinetry, tool storage, healthcare, and a variety of other industries. Also, it is engaged in the manufacturing of stainless steel exhaust systems, gauges, throttle controls, and trim tabs for the recreational marine industry. The company's operating segment includes Security Products and Marine Components. The company generates maximum revenue from the Security Products segment, which manufactures mechanical and electrical cabinet locks and other locking mechanisms. Its geographical segments are the United States, Canada, Mexico, and others, of which the United States accounts for the vast majority of revenue.
Executives
Gina A. Norris director 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Ann Manix director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kevin B Kramer director C/O STONERIGDGE INC., 9400 E. MARKET ST, WARREN OH 44484
Andrew B Nace officer: Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Kristin B Mccoy officer: EVP, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Bryan A. Hanley officer: Vice President and Treasurer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy A. Samford officer: Vice President and CFO 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Mary A. Tidlund director 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Bart W Reichert officer: Vice President, Internal Audit 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Michael Shawn Simmons officer: SVP & Chief Financial Officer 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Darci B Scott officer: Vice President, Tax 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240
Robert D Graham officer: Executive Vice President 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Amy E. Ruf officer: Vice President and Controller 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Terri Herrington director C/O CONTRAN CORPORATION, 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240-2620
Jane Rast Grimm officer: VP and Secretary 5430 LBJ FREEWAY, SUITE 1700, DALLAS TX 75240

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