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Maschinenfabrik Berthold Hermle AG (FRA:MBH3) Cyclically Adjusted PS Ratio : 2.56 (As of Apr. 27, 2024)


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What is Maschinenfabrik Berthold Hermle AG Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Maschinenfabrik Berthold Hermle AG's current share price is €225.00. Maschinenfabrik Berthold Hermle AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 was €87.99. Maschinenfabrik Berthold Hermle AG's Cyclically Adjusted PS Ratio for today is 2.56.

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

FRA:MBH3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.3   Med: 3.05   Max: 5.09
Current: 2.5

During the past 13 years, Maschinenfabrik Berthold Hermle AG's highest Cyclically Adjusted PS Ratio was 5.09. The lowest was 2.30. And the median was 3.05.

FRA:MBH3's Cyclically Adjusted PS Ratio is ranked worse than
69.61% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs FRA:MBH3: 2.50

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.

Maschinenfabrik Berthold Hermle AG's adjusted revenue per share data of for the fiscal year that ended in Dec22 was €94.813. 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 €87.99 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maschinenfabrik Berthold Hermle AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Maschinenfabrik Berthold Hermle 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.

Maschinenfabrik Berthold Hermle AG Cyclically Adjusted PS Ratio Chart

Maschinenfabrik Berthold Hermle AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.51 3.88 3.96 3.05 2.24

Maschinenfabrik Berthold Hermle AG Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 3.05 - 2.24 -

Competitive Comparison of Maschinenfabrik Berthold Hermle AG's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Maschinenfabrik Berthold Hermle 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.


Maschinenfabrik Berthold Hermle AG's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Maschinenfabrik Berthold Hermle 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.

Maschinenfabrik Berthold Hermle AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=225.00/87.99
=2.56

* 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.

Maschinenfabrik Berthold Hermle AG's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Maschinenfabrik Berthold Hermle AG's adjusted Revenue per Share data for the fiscal year that ended in Dec22 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=94.813/119.3449*119.3449
=94.813

Current CPI (Dec22) = 119.3449.

Maschinenfabrik Berthold Hermle AG Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201312 61.178 99.356 73.486
201412 69.367 99.543 83.166
201512 71.327 99.717 85.367
201612 78.790 101.217 92.901
201712 80.402 102.617 93.508
201812 90.584 104.217 103.733
201912 92.620 105.818 104.460
202012 59.388 105.518 67.170
202112 75.195 110.384 81.300
202212 94.813 119.345 94.813

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.


Maschinenfabrik Berthold Hermle AG  (FRA:MBH3) 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.


Maschinenfabrik Berthold Hermle AG Cyclically Adjusted PS Ratio Related Terms

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


Maschinenfabrik Berthold Hermle AG (FRA:MBH3) Business Description

Traded in Other Exchanges
Address
Industriestrasse 8-12, Gosheim, DEU, 78559
Maschinenfabrik Berthold Hermle AG is a Germany-based company that produces universal milling machines and machining centers. Geographically operates through Germany however the products are made available in Europe, America, Asia, Africa, Australia and other international countries.

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