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Graco (STU:GA8) Cyclically Adjusted PS Ratio : 7.34 (As of May. 16, 2024)


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What is Graco Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Graco's current share price is €76.28. Graco's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €10.39. Graco's Cyclically Adjusted PS Ratio for today is 7.34.

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

STU:GA8' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.09   Med: 6.51   Max: 9.49
Current: 7.43

During the past years, Graco's highest Cyclically Adjusted PS Ratio was 9.49. The lowest was 4.09. And the median was 6.51.

STU:GA8's Cyclically Adjusted PS Ratio is ranked worse than
93.07% of 2192 companies
in the Industrial Products industry
Industry Median: 1.44 vs STU:GA8: 7.43

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.

Graco's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.626. 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 €10.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Graco'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.

Graco Cyclically Adjusted PS Ratio Chart

Graco 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 6.98 9.01 8.81 6.54 7.78

Graco 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 6.90 7.98 6.60 7.78 8.32

Competitive Comparison of Graco's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Graco 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.

Graco's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=76.28/10.39
=7.34

* 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.

Graco's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Graco'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)
=2.626/129.4194*129.4194
=2.626

Current CPI (Mar. 2024) = 129.4194.

Graco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.276 100.560 1.642
201409 1.272 100.428 1.639
201412 1.357 99.070 1.773
201503 1.561 99.621 2.028
201506 1.671 100.684 2.148
201509 1.615 100.392 2.082
201512 1.740 99.792 2.257
201603 1.609 100.470 2.073
201606 1.811 101.688 2.305
201609 1.706 101.861 2.168
201612 1.931 101.863 2.453
201703 1.839 102.862 2.314
201706 1.943 103.349 2.433
201709 1.825 104.136 2.268
201712 1.802 104.011 2.242
201803 1.876 105.290 2.306
201806 2.098 106.317 2.554
201809 2.060 106.507 2.503
201812 2.090 105.998 2.552
201903 2.097 107.251 2.530
201906 2.203 108.070 2.638
201909 2.117 108.329 2.529
201912 2.160 108.420 2.578
202003 1.958 108.902 2.327
202006 1.910 108.767 2.273
202009 2.173 109.815 2.561
202012 2.232 109.897 2.629
202103 2.194 111.754 2.541
202106 2.411 114.631 2.722
202109 2.367 115.734 2.647
202112 2.730 117.630 3.004
202203 2.569 121.301 2.741
202206 3.005 125.017 3.111
202209 3.189 125.227 3.296
202212 3.057 125.222 3.159
202303 2.882 127.348 2.929
202306 2.994 128.729 3.010
202309 2.927 129.860 2.917
202312 3.025 129.419 3.025
202403 2.626 129.419 2.626

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.


Graco  (STU:GA8) 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.


Graco Cyclically Adjusted PS Ratio Related Terms

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


Graco (STU:GA8) Business Description

Industry
Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.

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