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Masterflex SE (XTER:MZX) Cyclically Adjusted PS Ratio : 1.05 (As of May. 15, 2024)


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What is Masterflex SE Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Masterflex SE's current share price is €10.10. Masterflex SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €9.60. Masterflex SE's Cyclically Adjusted PS Ratio for today is 1.05.

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

XTER:MZX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 0.88   Max: 1.27
Current: 1.05

During the past years, Masterflex SE's highest Cyclically Adjusted PS Ratio was 1.27. The lowest was 0.47. And the median was 0.88.

XTER:MZX's Cyclically Adjusted PS Ratio is ranked better than
54.98% of 1204 companies
in the Chemicals industry
Industry Median: 1.24 vs XTER:MZX: 1.05

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.

Masterflex SE's adjusted revenue per share data for the three months ended in Dec. 2023 was €2.328. 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 €9.60 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masterflex SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Masterflex SE'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.

Masterflex SE Cyclically Adjusted PS Ratio Chart

Masterflex SE 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 0.58 0.74 0.80 0.91 0.87

Masterflex SE 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 0.91 1.14 1.16 0.91 0.87

Competitive Comparison of Masterflex SE's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Masterflex SE'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.


Masterflex SE's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Masterflex SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Masterflex SE 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.

Masterflex SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.10/9.6
=1.05

* 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.

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

For example, Masterflex SE'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)
=2.328/123.6675*123.6675
=2.328

Current CPI (Dec. 2023) = 123.6675.

Masterflex SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.830 99.543 2.274
201406 1.766 99.543 2.194
201409 1.897 99.823 2.350
201412 1.498 99.543 1.861
201503 1.816 99.717 2.252
201506 1.952 100.417 2.404
201509 1.974 100.417 2.431
201512 1.657 99.717 2.055
201603 2.058 100.017 2.545
201606 1.543 100.717 1.895
201609 2.050 101.017 2.510
201612 1.717 101.217 2.098
201703 2.084 101.417 2.541
201706 1.914 102.117 2.318
201709 2.086 102.717 2.511
201712 1.819 102.617 2.192
201803 2.189 102.917 2.630
201806 1.812 104.017 2.154
201809 2.013 104.718 2.377
201812 1.964 104.217 2.331
201903 2.202 104.217 2.613
201906 2.122 105.718 2.482
201909 2.077 106.018 2.423
201912 1.893 105.818 2.212
202003 2.190 105.718 2.562
202006 1.754 106.618 2.034
202009 2.686 105.818 3.139
202012 1.628 105.518 1.908
202103 2.090 107.518 2.404
202106 1.846 108.486 2.104
202109 2.188 109.435 2.473
202112 2.046 110.384 2.292
202203 2.494 113.968 2.706
202206 2.665 115.760 2.847
202209 2.720 118.818 2.831
202212 2.547 119.345 2.639
202303 2.906 122.402 2.936
202306 2.372 123.140 2.382
202309 2.742 124.195 2.730
202312 2.328 123.668 2.328

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.


Masterflex SE  (XTER:MZX) 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.


Masterflex SE Cyclically Adjusted PS Ratio Related Terms

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


Masterflex SE (XTER:MZX) Business Description

Industry
Traded in Other Exchanges
Address
Willy-Brandt-Allee 300, Gelsenkirchen, DEU, 45891
Masterflex SE develops, manufactures and marketing of high-tech hoses and connection systems for various industrial and manufacturing applications. The company sells its products under six brands. Masterflex brand produces spiral hoses and connection systems for all industrial applications. Matzen and Timm specialize in vulcanized shapes and hoses for the aerospace sector and the automotive industry. Novoplast offers pre-formed tubes and technical tubings for medical and industrial uses. Fleima-Plastic offers injection molded parts and components for medical technology. Masterduct provides spiral hoses and connection systems as well as heating, ventilation and air conditioning elements. APT produces hoses of fluoropolymers with permanent resistance to all chemicals.
Executives
Jan Van Der Zouw Supervisory Board

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