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Mestek (Mestek) Cyclically Adjusted Revenue per Share : $59.60 (As of Sep. 2023)


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What is Mestek Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

Mestek's adjusted revenue per share for the three months ended in Sep. 2023 was $14.416. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $59.60 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Mestek's average Cyclically Adjusted Revenue Growth Rate was 22.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Mestek was 10.60% per year. The lowest was -1.80% per year. And the median was 4.70% per year.

As of today (2024-04-28), Mestek's current stock price is $23.10. Mestek's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $59.60. Mestek's Cyclically Adjusted PS Ratio of today is 0.39.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mestek was 0.72. The lowest was 0.27. And the median was 0.50.


Mestek Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Mestek's Cyclically Adjusted Revenue per Share 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.

Mestek Cyclically Adjusted Revenue per Share Chart

Mestek Annual Data
Trend Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.64 49.99 48.67 47.98 47.97

Mestek Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Sep22 Sep23
Cyclically Adjusted Revenue per Share 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 48.73 48.99 48.88 57.11 59.60

Competitive Comparison of Mestek's Cyclically Adjusted Revenue per Share

For the Building Products & Equipment subindustry, Mestek'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.


Mestek's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Mestek Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mestek's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=14.416/129.8595*129.8595
=14.416

Current CPI (Sep. 2023) = 129.8595.

Mestek Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200403 10.732 79.066 17.626
200406 9.927 80.037 16.107
200409 10.591 80.121 17.166
200412 11.136 80.290 18.011
200503 9.811 81.555 15.622
200506 10.493 82.062 16.605
200509 10.954 83.876 16.959
200512 11.698 83.032 18.295
200603 10.396 84.298 16.015
200606 11.005 85.606 16.694
201112 0.000 95.213 0.000
201203 9.186 96.783 12.325
201206 9.219 96.819 12.365
201209 10.175 97.633 13.534
201212 11.520 96.871 15.443
201303 9.790 98.209 12.945
201306 10.828 98.518 14.273
201309 11.753 98.790 15.449
201312 11.930 98.326 15.756
201403 10.152 99.695 13.224
201406 11.146 100.560 14.394
201409 12.361 100.428 15.984
201412 12.460 99.070 16.332
201503 11.043 99.621 14.395
201506 10.656 100.684 13.744
201509 12.041 100.392 15.575
201512 12.596 99.792 16.391
201603 9.841 100.470 12.720
201606 10.203 101.688 13.030
201609 11.060 101.861 14.100
201612 10.411 101.863 13.272
201703 10.197 102.862 12.873
201706 11.141 103.349 13.999
201709 10.685 104.136 13.324
201712 11.596 104.011 14.478
201803 11.631 105.290 14.345
201806 11.393 106.317 13.916
201809 11.847 106.507 14.445
202209 14.431 125.227 14.965
202309 14.416 129.860 14.416

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Mestek  (OTCPK:MCCK) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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.

Mestek's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=23.10/59.6
=0.39

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Mestek was 0.72. The lowest was 0.27. And the median was 0.50.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Mestek Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Mestek's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mestek (Mestek) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Mestek Inc (OTCPK:MCCK) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
N/A
Address
260 North Elm Street, Westfield, MA, USA, 1085
Mestek Inc and its subsidiaries operate in two manufacturing business segments: heating, ventilating, and air conditioning equipment (HVAC) including architectural products, and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels, in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.
Executives
J Nicholas Filler officer: Senior Vice President 455 MATHEWS ROAD, CONWAY MA 01341

Mestek (Mestek) Headlines

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