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Konecranes Oyj (OHEL:KCR) Cyclically Adjusted PS Ratio : 1.12 (As of May. 31, 2024)


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What is Konecranes Oyj Cyclically Adjusted PS Ratio?

As of today (2024-05-31), Konecranes Oyj's current share price is €52.60. Konecranes Oyj's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €46.96. Konecranes Oyj's Cyclically Adjusted PS Ratio for today is 1.12.

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

OHEL:KCR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.81   Max: 1.19
Current: 1.16

During the past years, Konecranes Oyj's highest Cyclically Adjusted PS Ratio was 1.19. The lowest was 0.39. And the median was 0.81.

OHEL:KCR's Cyclically Adjusted PS Ratio is ranked worse than
53.22% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.07 vs OHEL:KCR: 1.16

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.

Konecranes Oyj's adjusted revenue per share data for the three months ended in Mar. 2024 was €11.499. 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 €46.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Konecranes Oyj Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Konecranes Oyj'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.

Konecranes Oyj Cyclically Adjusted PS Ratio Chart

Konecranes Oyj 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 0.73 0.74 0.86 0.65 0.88

Konecranes Oyj 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 0.68 0.81 0.68 0.88 1.02

Competitive Comparison of Konecranes Oyj's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Konecranes Oyj'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.


Konecranes Oyj's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Konecranes Oyj's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Konecranes Oyj 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.

Konecranes Oyj's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.60/46.96
=1.12

* 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.

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

For example, Konecranes Oyj'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)
=11.499/122.3600*122.3600
=11.499

Current CPI (Mar. 2024) = 122.3600.

Konecranes Oyj Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.303 100.147 10.145
201409 8.607 100.726 10.456
201412 10.478 100.229 12.792
201503 8.174 100.120 9.990
201506 8.927 100.030 10.920
201509 8.445 100.130 10.320
201512 10.366 99.990 12.685
201603 7.807 100.080 9.545
201606 8.924 100.390 10.877
201609 8.845 100.540 10.765
201612 10.222 101.020 12.381
201703 8.852 100.910 10.734
201706 9.026 101.140 10.920
201709 11.792 101.320 14.241
201712 11.319 101.510 13.644
201803 8.541 101.730 10.273
201806 9.873 102.320 11.807
201809 10.157 102.600 12.113
201812 11.617 102.710 13.840
201903 9.619 102.870 11.441
201906 10.179 103.360 12.050
201909 11.217 103.540 13.256
201912 11.796 103.650 13.925
202003 9.753 103.490 11.531
202006 8.867 103.320 10.501
202009 9.713 103.710 11.460
202012 11.648 103.890 13.719
202103 8.896 104.870 10.380
202106 9.659 105.360 11.217
202109 9.823 106.290 11.308
202112 11.627 107.490 13.235
202203 8.449 110.950 9.318
202206 10.018 113.570 10.793
202209 11.130 114.920 11.851
202212 12.704 117.320 13.250
202303 11.329 119.750 11.576
202306 11.453 120.690 11.611
202309 12.654 121.280 12.767
202312 14.399 121.540 14.496
202403 11.499 122.360 11.499

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.


Konecranes Oyj  (OHEL:KCR) 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.


Konecranes Oyj Cyclically Adjusted PS Ratio Related Terms

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


Konecranes Oyj (OHEL:KCR) Business Description

Traded in Other Exchanges
Address
Koneenkatu 8, P.O. Box 661, Hyvinkaa, FIN, FI-05801
Konecranes Oyj provides lifting equipment and services for manufacturing industries, shipyards, ports, and terminals. It offers cranes, material handling solutions, and other components geared toward transporting and organizing supplies. Workstation lifting systems, trucks, and various hoists include advanced technologies to increase control and equipment capabilities. Products are marketed through various brands, and sales offices are in multiple regions. The company's global service network provides a full range of service solutions, specialized maintenance, and modernization services for equipment and tools. Inspections, spare parts, and preventive maintenance programs enhance efficiencies and extend product lifecycles.

Konecranes Oyj (OHEL:KCR) Headlines

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