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MSC Industrial Direct Co (MSC Industrial Direct Co) Cyclically Adjusted PS Ratio : 1.39 (As of Apr. 28, 2024)


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What is MSC Industrial Direct Co Cyclically Adjusted PS Ratio?

As of today (2024-04-28), MSC Industrial Direct Co's current share price is $93.22. MSC Industrial Direct Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $66.85. MSC Industrial Direct Co's Cyclically Adjusted PS Ratio for today is 1.39.

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

MSM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.8   Max: 3.14
Current: 1.39

During the past years, MSC Industrial Direct Co's highest Cyclically Adjusted PS Ratio was 3.14. The lowest was 0.97. And the median was 1.80.

MSM's Cyclically Adjusted PS Ratio is ranked worse than
77.42% of 124 companies
in the Industrial Distribution industry
Industry Median: 0.55 vs MSM: 1.39

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.

MSC Industrial Direct Co's adjusted revenue per share data for the three months ended in Feb. 2024 was $16.565. 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 $66.85 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSC Industrial Direct Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MSC Industrial Direct 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.

MSC Industrial Direct Co Cyclically Adjusted PS Ratio Chart

MSC Industrial Direct Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.30 1.52 1.28 1.54

MSC Industrial Direct Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.32 1.38 1.54 1.46 1.51

Competitive Comparison of MSC Industrial Direct Co's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, MSC Industrial Direct 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.


MSC Industrial Direct Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, MSC Industrial Direct Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where MSC Industrial Direct Co's Cyclically Adjusted PS Ratio falls into.



MSC Industrial Direct 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.

MSC Industrial Direct Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=93.22/66.85
=1.39

* 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.

MSC Industrial Direct Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, MSC Industrial Direct Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=16.565/129.4194*129.4194
=16.565

Current CPI (Feb. 2024) = 129.4194.

MSC Industrial Direct Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 11.581 100.373 14.932
201408 11.717 100.352 15.111
201411 11.880 99.635 15.431
201502 11.474 99.032 14.995
201505 12.137 100.333 15.656
201508 11.844 100.548 15.245
201511 11.510 100.135 14.876
201602 11.158 100.040 14.435
201605 11.854 101.355 15.136
201608 12.374 101.617 15.760
201611 12.123 101.829 15.408
201702 12.301 102.779 15.489
201705 12.991 103.256 16.283
201708 13.271 103.587 16.580
201711 13.602 104.072 16.915
201802 13.517 105.052 16.652
201805 14.583 106.148 17.780
201808 14.798 106.383 18.002
201811 14.895 106.338 18.128
201902 14.866 106.649 18.040
201905 15.645 108.048 18.740
201908 15.221 108.245 18.199
201911 14.855 108.519 17.716
202002 14.142 109.139 16.770
202005 15.018 108.175 17.967
202008 13.393 109.662 15.806
202011 13.821 109.793 16.292
202102 13.789 110.968 16.082
202105 15.373 113.576 17.517
202108 14.852 115.421 16.653
202111 15.192 117.269 16.766
202202 15.410 119.703 16.661
202205 17.085 123.323 17.930
202208 18.214 124.958 18.864
202211 17.078 125.607 17.596
202302 17.172 126.928 17.509
202305 18.777 128.314 18.939
202308 18.334 129.538 18.317
202311 16.818 129.548 16.801
202402 16.565 129.419 16.565

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.


MSC Industrial Direct Co  (NYSE:MSM) 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.


MSC Industrial Direct Co Cyclically Adjusted PS Ratio Related Terms

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


MSC Industrial Direct Co (MSC Industrial Direct Co) Business Description

Traded in Other Exchanges
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.
Executives
Erik Gershwind officer: SVP, Product Mgmnt & Marketing C/O MSC INDUSTRIAL DIRECT CO INC, 75 MAXESS ROAD, MELVILLE NY 11747
Kristen Actis-grande officer: EVP & Chief Financial Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Elizabeth Bledsoe officer: SVP & Chief People Officer C/O MSC LNDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kimberly Shacklett officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas E Jones officer: EVP, Chief Supply Chain C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Stacey L. Bennett 10 percent owner 410 PARK AVE., SUITE 620, NEW YORK NY 10022
Rahquel Purcell director C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martina Mcisaac officer: EVP, Chief Operating Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Steven N Baruch officer: SVP, STRATEGY & MARKETING 18232 PENINSULA CLUB, CORNELIUS NC 28031
Mitchell Jacobson director, 10 percent owner, officer: Chairman and CEO C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS RD, MELVILLE NY 11747
Louise K Goeser director C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
John Hill officer: SVP, Chief Digital Info Offr. C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Neal Dongre officer: VP, Gen Counsel & Corp Sec C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martin Edward F Jr officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kari D Heerdt officer: SVP, Chief People Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747