GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sterling Infrastructure Inc (NAS:STRL) » Definitions » Cyclically Adjusted PS Ratio

Sterling Infrastructure (Sterling Infrastructure) Cyclically Adjusted PS Ratio : 2.12 (As of Apr. 28, 2024)


View and export this data going back to 1992. Start your Free Trial

What is Sterling Infrastructure Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Sterling Infrastructure's current share price is $105.89. Sterling Infrastructure's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $49.93. Sterling Infrastructure's Cyclically Adjusted PS Ratio for today is 2.12.

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

STRL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.37   Max: 2.24
Current: 2.12

During the past years, Sterling Infrastructure's highest Cyclically Adjusted PS Ratio was 2.24. The lowest was 0.08. And the median was 0.37.

STRL's Cyclically Adjusted PS Ratio is ranked worse than
81.48% of 1242 companies
in the Construction industry
Industry Median: 0.63 vs STRL: 2.12

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.

Sterling Infrastructure's adjusted revenue per share data for the three months ended in Dec. 2023 was $15.336. 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 $49.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sterling Infrastructure Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sterling Infrastructure'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.

Sterling Infrastructure Cyclically Adjusted PS Ratio Chart

Sterling Infrastructure 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 0.38 0.48 0.62 0.71 1.76

Sterling Infrastructure 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 0.71 0.80 1.14 1.48 1.76

Competitive Comparison of Sterling Infrastructure's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Sterling Infrastructure'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.


Sterling Infrastructure's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sterling Infrastructure's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Sterling Infrastructure's Cyclically Adjusted PS Ratio falls into.



Sterling Infrastructure 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.

Sterling Infrastructure's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=105.89/49.93
=2.12

* 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.

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

For example, Sterling Infrastructure'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)
=15.336/129.4194*129.4194
=15.336

Current CPI (Dec. 2023) = 129.4194.

Sterling Infrastructure Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.982 99.695 10.362
201406 10.757 100.560 13.844
201409 10.063 100.428 12.968
201412 8.165 99.070 10.666
201503 6.226 99.621 8.088
201506 9.207 100.684 11.835
201509 8.967 100.392 11.560
201512 7.743 99.792 10.042
201603 6.405 100.470 8.251
201606 8.257 101.688 10.509
201609 8.107 101.861 10.300
201612 8.088 101.863 10.276
201703 6.131 102.862 7.714
201706 9.014 103.349 11.288
201709 11.301 104.136 14.045
201712 9.046 104.011 11.256
201803 8.217 105.290 10.100
201806 9.907 106.317 12.060
201809 10.671 106.507 12.967
201812 9.363 105.998 11.432
201903 8.380 107.251 10.112
201906 9.919 108.070 11.879
201909 10.951 108.329 13.083
201912 12.162 108.420 14.518
202003 10.599 108.902 12.596
202006 14.309 108.767 17.026
202009 13.582 109.815 16.007
202012 5.085 109.897 5.988
202103 10.963 111.754 12.696
202106 13.825 114.631 15.608
202109 15.864 115.734 17.740
202112 7.897 117.630 8.689
202203 12.153 121.301 12.966
202206 15.211 125.017 15.747
202209 16.144 125.227 16.685
202212 14.395 125.222 14.878
202303 13.108 127.348 13.321
202306 16.849 128.729 16.939
202309 17.950 129.860 17.889
202312 15.336 129.419 15.336

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.


Sterling Infrastructure  (NAS:STRL) 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.


Sterling Infrastructure Cyclically Adjusted PS Ratio Related Terms

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


Sterling Infrastructure (Sterling Infrastructure) Business Description

Traded in Other Exchanges
Address
1800 Hughes Landing Boulevard, Suite 250, The Woodlands, TX, USA, 77380
Sterling Infrastructure Inc is a construction company that specializes in heavy civil infrastructure construction and infrastructure rehabilitation as well as residential construction projects. The company operates in three reportable segments namely, Transportation Solutions, E-Infrastructure Solutions, and Building Solution. Transportation Solutions include highways, roads, bridges, airfields, ports, light rail, and others. Building Solution projects include concrete foundations for single-family homes. E-Infrastructure Solutions include the services which are provided to large, blue-chip companies in the e-commerce, data center, distribution center, and warehousing, energy, mixed-use, and multi-family sectors. The majority of the revenue is generated from E-Infrastructure Solutions. .
Executives
Ronald A Ballschmiede officer: EVP & CFO 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Mark D. Wolf officer: General Counsel, Corporate Sec 770 SOUTH POST OAK LANE, SUITE 405, C/O U.S. WELL SERVICES, INC., HOUSTON TX 77056
Joseph A Cutillo officer: Chief Executive Officer 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380
Julie Dill director 1301 RIVERPLACE BOULEVARD, SUITE 2300, JACKSONVILLE FL 32207
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039
Roger A Cregg director 100 BLOOMFIELD HILL PARKWAY, STE 300, BLOOMFIELD HILLS MI 48304
Raymond F Messer director 1800 HUGHES LANDING BLVD., SUITE 250, THE WOODLANDS TX 77380
Dana C. O'brien director 1111 LOUISIANA STREET, HOUSTON TX 77002
Thomas M White director C/O APOLLO MANAGEMENT, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Marian M Davenport director 1800 HUGHES LANDING BLVD., SUITE 250, THE WOODLANDS TX 77380
Milton L Scott director
Charles R. Patton director 1 RIVERSIDE PLAZA, COLUMBUS OH 43215
Richard O Schaum director 388 WARREN COURT, BIRMINGHAM MI 48009
Craig B Allen officer: SVP & CHRO/CCO 1800 HUGHES LANDING BLVD, STE 250, THE WOODLANDS TX 77380
Wadsworth Con L officer: EVP & Chief Operating Officer 1800 HUGHES LANDING BLVD, SUITE 250, THE WOODLANDS TX 77380

Sterling Infrastructure (Sterling Infrastructure) Headlines