GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Simpson Manufacturing Co Inc (NYSE:SSD) » Definitions » Cyclically Adjusted PS Ratio

Simpson Manufacturing Co (Simpson Manufacturing Co) Cyclically Adjusted PS Ratio : 5.34 (As of Apr. 29, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Simpson Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Simpson Manufacturing Co's current share price is $173.61. Simpson Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $32.54. Simpson Manufacturing Co's Cyclically Adjusted PS Ratio for today is 5.34.

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

SSD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.81   Med: 3.58   Max: 6.5
Current: 5.33

During the past years, Simpson Manufacturing Co's highest Cyclically Adjusted PS Ratio was 6.50. The lowest was 1.81. And the median was 3.58.

SSD's Cyclically Adjusted PS Ratio is ranked worse than
96.33% of 245 companies
in the Forest Products industry
Industry Median: 0.57 vs SSD: 5.33

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.

Simpson Manufacturing Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $11.758. 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 $32.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Simpson Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Simpson 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.

Simpson Manufacturing Co Cyclically Adjusted PS Ratio Chart

Simpson Manufacturing 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 4.41 4.67 5.90 3.13 6.08

Simpson Manufacturing 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 3.70 4.49 4.70 6.08 -

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

For the Lumber & Wood Production subindustry, Simpson 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.


Simpson Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Simpson Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Simpson 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=173.61/32.54
=5.34

* 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.

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

For example, Simpson 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)
=11.758/129.4194*129.4194
=11.758

Current CPI (Dec. 2023) = 129.4194.

Simpson Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.430 99.695 4.453
201406 4.223 100.560 5.435
201409 4.252 100.428 5.479
201412 3.383 99.070 4.419
201503 3.572 99.621 4.640
201506 4.379 100.684 5.629
201509 4.390 100.392 5.659
201512 3.802 99.792 4.931
201603 4.118 100.470 5.305
201606 4.731 101.688 6.021
201609 4.777 101.861 6.069
201612 4.180 101.863 5.311
201703 4.590 102.862 5.775
201706 5.488 103.349 6.872
201709 5.504 104.136 6.840
201712 4.871 104.011 6.061
201803 5.207 105.290 6.400
201806 6.599 106.317 8.033
201809 6.095 106.507 7.406
201812 5.275 105.998 6.441
201903 5.734 107.251 6.919
201906 6.779 108.070 8.118
201909 6.916 108.329 8.262
201912 5.844 108.420 6.976
202003 6.405 108.902 7.612
202006 7.468 108.767 8.886
202009 8.340 109.815 9.829
202012 6.712 109.897 7.904
202103 7.971 111.754 9.231
202106 9.401 114.631 10.614
202109 9.124 115.734 10.203
202112 9.594 117.630 10.556
202203 11.379 121.301 12.141
202206 13.720 125.017 14.203
202209 12.901 125.227 13.333
202212 11.147 125.222 11.521
202303 12.479 127.348 12.682
202306 13.958 128.729 14.033
202309 13.527 129.860 13.481
202312 11.758 129.419 11.758

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.


Simpson Manufacturing Co  (NYSE:SSD) 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.


Simpson Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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


Simpson Manufacturing Co (Simpson Manufacturing Co) Business Description

Traded in Other Exchanges
Address
5956 W. Las Positas Boulevard, Pleasanton, CA, USA, 94588
Simpson Manufacturing Co Inc is a manufacturer of wood construction products. The company offers connectors, truss plates, fastening systems, fasteners, prefabricated lateral systems, concrete construction products, adhesives, mechanical anchors, carbide drill bits, powder-actuated tools, and fiber reinforced materials. Simpson Manufacturing markets its products to the residential, light industrial, and commercial construction markets as well as the remodeling and do-it-yourself markets. The largest end market is the United States.
Executives
Roger Dankel officer: President, Simpson Strong-Tie 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
James S Andrasick director SIMPSON MANUFACTURING CO., INC., 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Philip E Donaldson director 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Kevin Lee Swartzendruber officer: Senior VP of Finance 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Chau Banks director 1221 BROADWAY, OAKLAND CA 94612
Felica Coney director 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Michael Andersen officer: EVP, Europe 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Karen Winifred Colonias officer: Vice President C/O RELIANCE STEEL & ALUMINUM CO., 16100 N. 71ST STREET, SUITE 400, SCOTTSDALE AZ 85254
Brian J Magstadt officer: Chief Financial Officer 5956 W. LAS POSITAS BLVD., PLEASANTON CA 94588
Phillip Burton officer: EVP, North America 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Jeremy Gilstrap officer: EVP, Innovation 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Jennifer Lutz officer: EVP, Human Resources 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Kenneth D. Knight director 1400 16TH STREET, SAN FRANCISCO CA 94103
Michael Olosky officer: Chief Operating Officer C/O SIMPSON MANUFACTURING CO., INC., 5956 W. LAS POSITAS BLVD, PLEASANTON CA 94588
Michael A Bless director C/O ROCKWELL INTERNATIONAL INC, 777 E. WISCONSIN AVE #1400, MILWAUKEE WI 53202