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Modine Manufacturing Co (Modine Manufacturing Co) Cyclically Adjusted PS Ratio : 2.20 (As of Apr. 27, 2024)


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What is Modine Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Modine Manufacturing Co's current share price is $96.74. Modine Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $44.06. Modine Manufacturing Co's Cyclically Adjusted PS Ratio for today is 2.20.

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

MOD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.32   Max: 2.29
Current: 2.2

During the past years, Modine Manufacturing Co's highest Cyclically Adjusted PS Ratio was 2.29. The lowest was 0.08. And the median was 0.32.

MOD's Cyclically Adjusted PS Ratio is ranked worse than
79.59% of 985 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs MOD: 2.20

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.

Modine Manufacturing Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.553. 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 $44.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Modine Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Modine Manufacturing Co'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.

Modine Manufacturing Co Cyclically Adjusted PS Ratio Chart

Modine Manufacturing Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.09 0.39 0.22 0.54

Modine Manufacturing Co 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 0.47 0.54 0.76 1.04 1.35

Competitive Comparison of Modine Manufacturing Co's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Modine Manufacturing Co'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.


Modine Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Modine Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Modine Manufacturing Co 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.

Modine Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=96.74/44.06
=2.20

* 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.

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

For example, Modine Manufacturing Co'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)
=10.553/129.4194*129.4194
=10.553

Current CPI (Dec. 2023) = 129.4194.

Modine Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.154 99.695 10.585
201406 8.229 100.560 10.591
201409 7.910 100.428 10.193
201412 7.623 99.070 9.958
201503 7.547 99.621 9.804
201506 7.241 100.684 9.308
201509 7.046 100.392 9.083
201512 6.877 99.792 8.919
201603 7.313 100.470 9.420
201606 7.356 101.688 9.362
201609 6.745 101.861 8.570
201612 7.212 101.863 9.163
201703 9.747 102.862 12.264
201706 10.289 103.349 12.884
201709 10.026 104.136 12.460
201712 10.254 104.011 12.759
201803 10.938 105.290 13.445
201806 11.057 106.317 13.460
201809 10.679 106.507 12.976
201812 10.566 105.998 12.901
201903 10.789 107.251 13.019
201906 10.352 108.070 12.397
201909 9.846 108.329 11.763
201912 9.264 108.420 11.058
202003 9.309 108.902 11.063
202006 6.833 108.767 8.130
202009 8.994 109.815 10.600
202012 9.441 109.897 11.118
202103 9.979 111.754 11.556
202106 9.421 114.631 10.636
202109 9.105 115.734 10.182
202112 9.584 117.630 10.545
202203 10.941 121.301 11.673
202206 10.324 125.017 10.688
202209 10.983 125.227 11.351
202212 10.586 125.222 10.941
202303 11.640 127.348 11.829
202306 11.743 128.729 11.806
202309 11.620 129.860 11.581
202312 10.553 129.419 10.553

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.


Modine Manufacturing Co  (NYSE:MOD) 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.


Modine Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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


Modine Manufacturing Co (Modine Manufacturing Co) Business Description

Traded in Other Exchanges
Address
1500 DeKoven Avenue, Racine, WI, USA, 53403-2552
Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications primarily in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers.
Executives
Michael B Lucareli officer: EVP, CFO 1500 DEKOVEN AVE,, RACINE WI 53403
Christopher William Patterson director 613 NW 11TH AVE, PORTLAND OR 97209
David J. Wilson director 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Suresh V Garimella director 585 PURDUE MALL, WEST LAFAYETTE IN 47907
William A Wulfsohn director ASHLAND INC., 50 EAST RIVERCENTER BLVD., COVINGTON KY 41011
Eric D Ashleman director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Katherine Carolyn Harper director 263 TRESSER BOULEVARD, STAMFORD CT 06901
Marsha C Williams director EQUITY OFFICE PROPERTIES, CHICAGO IL 60606
Larry Oscar Moore director 2104 CALVERTON LN SW, ATLANTA GA 30331
Christine Y Yan director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Adrian Ian Peace officer: President, Performance Technol 1500 DEKOVEN AVE., RACINE WI 53403
Eric S Mcginnis officer: President, Climate Solutions 200 STATE STREET, BELOIT WI 53511
Brian Jon Agen officer: VP, Human Resources 1500 DEKOVEN AVE., RACINE WI 53403
Sylvia Ann Stein officer: VP, GC, Corp. Sec. and CCO 1500 DEKOVEN AVE., RACINE WI 53403
Neil David Brinker director, officer: President and CEO 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525