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Northwest Pipe Co (Northwest Pipe Co) Cyclically Adjusted PS Ratio : 0.95 (As of Apr. 27, 2024)


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What is Northwest Pipe Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Northwest Pipe Co's current share price is $31.81. Northwest Pipe Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $33.58. Northwest Pipe Co's Cyclically Adjusted PS Ratio for today is 0.95.

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

NWPX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.73   Max: 1.22
Current: 0.94

During the past years, Northwest Pipe Co's highest Cyclically Adjusted PS Ratio was 1.22. The lowest was 0.20. And the median was 0.73.

NWPX's Cyclically Adjusted PS Ratio is ranked better than
62.83% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs NWPX: 0.94

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.

Northwest Pipe Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $10.951. 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 $33.58 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Northwest Pipe Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Northwest Pipe 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.

Northwest Pipe Co Cyclically Adjusted PS Ratio Chart

Northwest Pipe Co 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 0.97 0.87 1.00 1.02 0.90

Northwest Pipe 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 1.02 0.94 0.91 0.89 0.90

Competitive Comparison of Northwest Pipe Co's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Northwest Pipe 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.


Northwest Pipe Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Northwest Pipe Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Northwest Pipe 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.

Northwest Pipe Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.81/33.58
=0.95

* 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.

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

For example, Northwest Pipe 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)
=10.951/129.4194*129.4194
=10.951

Current CPI (Dec. 2023) = 129.4194.

Northwest Pipe Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.692 99.695 11.284
201406 10.618 100.560 13.665
201409 12.116 100.428 15.614
201412 10.730 99.070 14.017
201503 8.884 99.621 11.541
201506 5.634 100.684 7.242
201509 5.472 100.392 7.054
201512 -1.870 99.792 -2.425
201603 3.545 100.470 4.566
201606 4.391 101.688 5.588
201609 4.270 101.861 5.425
201612 4.080 101.863 5.184
201703 3.088 102.862 3.885
201706 2.986 103.349 3.739
201709 4.034 104.136 5.013
201712 3.704 104.011 4.609
201803 3.437 105.290 4.225
201806 2.959 106.317 3.602
201809 5.388 106.507 6.547
201812 5.910 105.998 7.216
201903 6.435 107.251 7.765
201906 7.096 108.070 8.498
201909 7.688 108.329 9.185
201912 7.349 108.420 8.772
202003 7.012 108.902 8.333
202006 7.134 108.767 8.489
202009 7.873 109.815 9.279
202012 6.981 109.897 8.221
202103 7.289 111.754 8.441
202106 7.444 114.631 8.404
202109 8.532 115.734 9.541
202112 10.298 117.630 11.330
202203 10.963 121.301 11.697
202206 11.890 125.017 12.309
202209 12.286 125.227 12.697
202212 10.594 125.222 10.949
202303 9.824 127.348 9.984
202306 11.561 128.729 11.623
202309 11.747 129.860 11.707
202312 10.951 129.419 10.951

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.


Northwest Pipe Co  (NAS:NWPX) 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.


Northwest Pipe Co Cyclically Adjusted PS Ratio Related Terms

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


Northwest Pipe Co (Northwest Pipe Co) Business Description

Traded in Other Exchanges
Address
201 North East Park Plaza Drive, Suite 100, Vancouver, WA, USA, 98684
Northwest Pipe Co is a manufacturer of water-related infrastructure products. The company has two operating segments; Engineered Steel Pressure Pipe segment manufactures large-diameter, high-pressure steel pipeline systems for use in water infrastructure applications, which are related to drinking water systems. These products are also used for hydroelectric power systems, wastewater systems, seismic resiliency, and other applications, and Precast Infrastructure and Engineered Systems segment manufacture stormwater and wastewater technology products, high-quality precast and reinforced concrete products, including manholes, box culverts, vaults, and catch basins, pump lift stations, oil water separators, biofiltration, and other environmental and engineered solutions.
Executives
Irma Lockridge director C/O TRINITY CAPITAL INC., 1 N. 1ST STREET, 3RD FLOOR, PHOENIX AZ 85004
Michael C Franson director 1401 17TH STREET 750, DENVER CO 80202
Richard A Roman director 1984 SW 16TH AVE, PORTLAND OR 97201
Scott J Montross officer: President & CEO
Michael Wray officer: Sr VP/GM of Precast 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Keith R Larson director 11 HILLSHIRE DRIVE, LAKE OSWEGO OR 97034
Amanda Kulesa director 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Michelle Galanter Applebaum director 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
Megan A. Kendrick officer: VP of Human Resources 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
William S. Yearsley director 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Eric Stokes officer: Sr. VP of Sales & Marketing 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
John Paschal director 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Miles Brittain other: VP of Operations 201 NE PARK PLAZA DRIVE, SUITE 100, VANCOUVER WA 98684
Aaron Wilkins officer: VP of Finance &Corp Controller 5721 SE COLUMBIA WAY SUITE 200, VANCOUVER WA 98661
James E Declusin director OREGON STEEL MILLS INC, 1000 SW BROADWAY STE 2200, PORTLAND OR 97205