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The L S Starrett Co (The L S Starrett Co) Cyclically Adjusted PS Ratio : (As of May. 16, 2024)


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What is The L S Starrett Co Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The L S Starrett Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The L S Starrett 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.

The L S Starrett Co Cyclically Adjusted PS Ratio Chart

The L S Starrett Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.09 0.26 0.18 0.27

The L S Starrett Co 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 0.29 0.27 0.28 0.32 -

Competitive Comparison of The L S Starrett Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, The L S Starrett 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.


The L S Starrett Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The L S Starrett Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where The L S Starrett Co's Cyclically Adjusted PS Ratio falls into.



The L S Starrett 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.

The L S Starrett Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The L S Starrett Co'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)
=7.936/131.7762*131.7762
=7.936

Current CPI (Mar. 2024) = 131.7762.

The L S Starrett Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.008 100.560 13.115
201409 8.597 100.428 11.281
201412 9.102 99.070 12.107
201503 7.965 99.621 10.536
201506 8.752 100.684 11.455
201509 7.277 100.392 9.552
201512 7.620 99.792 10.062
201603 7.158 100.470 9.388
201606 7.784 101.688 10.087
201609 6.929 101.861 8.964
201612 7.525 101.863 9.735
201703 7.179 102.862 9.197
201706 7.652 103.349 9.757
201709 7.344 104.136 9.293
201712 7.438 104.011 9.424
201803 7.793 105.290 9.753
201806 8.198 106.317 10.161
201809 7.328 106.507 9.067
201812 7.999 105.998 9.944
201903 8.406 107.251 10.328
201906 8.751 108.070 10.671
201909 7.438 108.329 9.048
201912 8.106 108.420 9.852
202003 7.120 108.902 8.616
202006 6.091 108.767 7.380
202009 6.820 109.815 8.184
202012 7.411 109.897 8.886
202103 7.435 111.754 8.767
202106 8.205 114.631 9.432
202109 8.317 115.734 9.470
202112 8.184 117.630 9.168
202203 8.072 121.301 8.769
202206 9.632 125.017 10.153
202209 8.056 125.227 8.477
202212 8.855 125.222 9.318
202303 8.140 127.348 8.423
202306 8.844 128.729 9.053
202309 7.970 129.860 8.088
202312 8.276 129.419 8.427
202403 7.936 131.776 7.936

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.


The L S Starrett Co  (NYSE:SCX) 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.


The L S Starrett Co Cyclically Adjusted PS Ratio Related Terms

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The L S Starrett Co (The L S Starrett Co) Business Description

Traded in Other Exchanges
N/A
Address
121 Crescent Street, Athol, MA, USA, 01331
The L S Starrett Co is engaged in the manufacturing of industrial, professional and consumer measuring and cutting tools and related products. Its products include precision tools, electronic gages, gage blocks, optical vision and laser measuring equipment, custom engineered granite solutions, tape measures, levels, chalk products, squares, band saw blades, hole saws, hacksaw blades, jig saw blades, and others. Its products are used in different industries such as metalworking, automotive, aviation, marine, farm, and "do-it-yourselfers" and tradesmen such as builders, carpenters, plumbers and electricians. The operating segments of the company are North American Operations is a key revenue driver; International Operations and Global Test and Measurement.
Executives
Douglas A Starrett officer: President & CEO 121 CRESCENT STREET, ATHOL MA 01331
John C. Tripp officer: CFO C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
David T. Allen other: Insider 121 CRESCENT STREET, ATHOL MA 01331
Emerson Leme officer: VP Of Industrial Products C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Charles Alpuche director C/O INSULET CORPORATION, 600 TECHNOLOGY PARK DRIVE, SUITE 200, BILLERICA MA 01821
Christian Arntsen officer: VP of International Products C/O THE L.S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Deborah Gordon director 121 CRESCENT STREET, ATHOL MA 01331
Thomas J Riordan director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
Scott William Sproule director C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Terry A Piper director 121 CRESCENT STREET, ATHOLL MA 01331
Chris Gahagan director AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803
Russell D. Carreker director 121 CRESCENT STREET, ATHOL MA 01331
David A Lemoine director C/O THE L S STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331
Richard Kennedy director 121 CRESCENT STREET, ATHOL MA 01331
Francis J O'brien officer: Treasurer & CFO C/O THE L. S. STARRETT COMPANY, 121 CRESCENT STREET, ATHOL MA 01331

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