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TriMas (TriMas) Cyclically Adjusted PS Ratio : 1.21 (As of Apr. 27, 2024)


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What is TriMas Cyclically Adjusted PS Ratio?

As of today (2024-04-27), TriMas's current share price is $26.48. TriMas's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $21.83. TriMas's Cyclically Adjusted PS Ratio for today is 1.21.

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

TRS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.07   Max: 1.71
Current: 1.19

During the past years, TriMas's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.49. And the median was 1.07.

TRS's Cyclically Adjusted PS Ratio is ranked worse than
69.48% of 308 companies
in the Packaging & Containers industry
Industry Median: 0.725 vs TRS: 1.19

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.

TriMas's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.035. 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 $21.83 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TriMas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TriMas'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.

TriMas Cyclically Adjusted PS Ratio Chart

TriMas 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 1.32 1.40 1.65 1.28 1.16

TriMas 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 1.28 1.30 1.31 1.20 1.16

Competitive Comparison of TriMas's Cyclically Adjusted PS Ratio

For the Packaging & Containers subindustry, TriMas'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.


TriMas's Cyclically Adjusted PS Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, TriMas's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TriMas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.48/21.83
=1.21

* 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.

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

For example, TriMas'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)
=5.035/129.4194*129.4194
=5.035

Current CPI (Dec. 2023) = 129.4194.

TriMas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.086 99.695 10.497
201406 4.968 100.560 6.394
201409 4.911 100.428 6.329
201412 4.923 99.070 6.431
201503 4.937 99.621 6.414
201506 4.952 100.684 6.365
201509 4.883 100.392 6.295
201512 4.266 99.792 5.533
201603 4.444 100.470 5.724
201606 4.446 101.688 5.658
201609 4.421 101.861 5.617
201612 4.079 101.863 5.182
201703 4.353 102.862 5.477
201706 4.646 103.349 5.818
201709 4.548 104.136 5.652
201712 0.730 104.011 0.908
201803 4.696 105.290 5.772
201806 4.868 106.317 5.926
201809 4.847 106.507 5.890
201812 0.851 105.998 1.039
201903 3.770 107.251 4.549
201906 4.164 108.070 4.987
201909 4.149 108.329 4.957
201912 3.786 108.420 4.519
202003 4.110 108.902 4.884
202006 4.591 108.767 5.463
202009 4.590 109.815 5.409
202012 4.355 109.897 5.129
202103 4.738 111.754 5.487
202106 5.057 114.631 5.709
202109 5.161 115.734 5.771
202112 4.850 117.630 5.336
202203 5.203 121.301 5.551
202206 5.595 125.017 5.792
202209 5.181 125.227 5.354
202212 4.825 125.222 4.987
202303 5.154 127.348 5.238
202306 5.599 128.729 5.629
202309 5.647 129.860 5.628
202312 5.035 129.419 5.035

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.


TriMas  (NAS:TRS) 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.


TriMas Cyclically Adjusted PS Ratio Related Terms

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


TriMas (TriMas) Business Description

Traded in Other Exchanges
Address
38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304
TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments. The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.
Executives
Teresa M. Finley director 927 STOVALL BOULEVARD NE, ATLANTA GA 30319
Daniel P Tredwell director 177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901
Scott A Mell officer: Chief Financial Officer 4884 CIDER HILL DRIVE, ROCHESTER MI 48306
Jodi F. Robin officer: General Counsel and Secretary 38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304
Paul Swart other: Chief Accounting Officer 38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304
Jeffrey A Fielkow director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Samuel Iii Valenti director, officer: Chairman 39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304
Thomas A Amato director, officer: President and CEO 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Salik Fabio Leandro Matheus officer: President, TriMas Packaging 3012 FOREST CREEK CT., NAPERVILLE IL 60565
John Philip Schaefer officer: President, TriMas Aerospace 27411 VALDERAS, MISSION VIEJO CA 92691
Jeffrey M Greene director 4990 OLDE TOWNE WAY, MARIETTA GA 30068
Robert J Zalupski officer: Vice President & Treasurer 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Joshua A Sherbin officer: Vice President & Secretary 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Holly M Boehne director 6955 BLACK DUCK DRIVE, LINO LAKES MN 55014

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