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Ag Growth International (Ag Growth International) Cyclically Adjusted PS Ratio : 0.89 (As of Jun. 09, 2024)


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What is Ag Growth International Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Ag Growth International's current share price is $38.46. Ag Growth International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $43.36. Ag Growth International's Cyclically Adjusted PS Ratio for today is 0.89.

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

AGGZF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.25   Max: 2.34
Current: 0.91

During the past years, Ag Growth International's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.43. And the median was 1.25.

AGGZF's Cyclically Adjusted PS Ratio is ranked better than
52.6% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.03 vs AGGZF: 0.91

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.

Ag Growth International's adjusted revenue per share data for the three months ended in Mar. 2024 was $11.932. 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 $43.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ag Growth International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ag Growth International'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.

Ag Growth International Cyclically Adjusted PS Ratio Chart

Ag Growth International 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 0.77 0.73 0.86 0.91

Ag Growth International 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 1.17 0.94 0.97 0.91 1.08

Competitive Comparison of Ag Growth International's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Ag Growth International'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.


Ag Growth International's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Ag Growth International 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.

Ag Growth International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.46/43.36
=0.89

* 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.

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

For example, Ag Growth International'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)
=11.932/126.2576*126.2576
=11.932

Current CPI (Mar. 2024) = 126.2576.

Ag Growth International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.979 99.473 8.858
201409 7.787 99.394 9.892
201412 5.687 98.367 7.299
201503 5.248 99.789 6.640
201506 6.794 100.500 8.535
201509 5.922 100.421 7.446
201512 5.383 99.947 6.800
201603 5.678 101.054 7.094
201606 7.509 102.002 9.295
201609 6.514 101.765 8.082
201612 6.005 101.449 7.474
201703 7.393 102.634 9.095
201706 7.944 103.029 9.735
201709 8.445 103.345 10.317
201712 8.359 103.345 10.212
201803 9.931 105.004 11.941
201806 10.156 105.557 12.148
201809 8.707 105.636 10.407
201812 8.741 105.399 10.471
201903 8.574 106.979 10.119
201906 11.603 107.690 13.604
201909 10.535 107.611 12.360
201912 9.140 107.769 10.708
202003 8.785 107.927 10.277
202006 10.022 108.401 11.673
202009 11.368 108.164 13.270
202012 9.665 108.559 11.241
202103 10.603 110.298 12.137
202106 12.800 111.720 14.466
202109 13.186 112.905 14.745
202112 8.593 113.774 9.536
202203 10.585 117.646 11.360
202206 16.130 120.806 16.858
202209 15.567 120.648 16.291
202212 14.572 120.964 15.210
202303 11.580 122.702 11.916
202306 13.364 124.203 13.585
202309 12.919 125.230 13.025
202312 12.851 125.072 12.973
202403 11.932 126.258 11.932

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.


Ag Growth International  (OTCPK:AGGZF) 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.


Ag Growth International Cyclically Adjusted PS Ratio Related Terms

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


Ag Growth International (Ag Growth International) Business Description

Traded in Other Exchanges
Address
198 Commerce Drive, Winnipeg, MB, CAN, R3P 0Z6
Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. It has two reportable segment farm and commercial. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision. It has manufacturing facilities in Canada, the United States, Italy, Brazil, France, United Kingdom, and India. Its geographical segments are Canada, United States, and the International.