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Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Cyclically Adjusted PS Ratio : 0.25 (As of May. 26, 2024)


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What is Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Art's-Way Manufacturing Co's current share price is $1.7716. Art's-Way Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $6.99. Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio for today is 0.25.

The historical rank and industry rank for Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ARTW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.37   Max: 1.13
Current: 0.25

During the past years, Art's-Way Manufacturing Co's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.24. And the median was 0.37.

ARTW's Cyclically Adjusted PS Ratio is ranked better than
87.13% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs ARTW: 0.25

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.

Art's-Way Manufacturing Co's adjusted revenue per share data for the three months ended in Feb. 2024 was $1.139. 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 $6.99 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Art's-Way Manufacturing Co'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.

Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Chart

Art's-Way Manufacturing Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.35 0.48 0.27 0.29

Art's-Way Manufacturing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.30 0.35 0.38 0.29 0.28

Competitive Comparison of Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing Co'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.


Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio falls into.



Art's-Way Manufacturing Co 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.

Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.7716/6.99
=0.25

* 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.

Art's-Way Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Art's-Way Manufacturing Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.139/130.9299*130.9299
=1.139

Current CPI (Feb. 2024) = 130.9299.

Art's-Way Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 2.336 100.373 3.047
201408 2.858 100.352 3.729
201411 2.192 99.635 2.881
201502 1.799 99.032 2.378
201505 1.921 100.333 2.507
201508 1.604 100.548 2.089
201511 1.409 100.135 1.842
201602 1.402 100.040 1.835
201605 1.292 101.355 1.669
201608 1.566 101.617 2.018
201611 1.002 101.829 1.288
201702 1.071 102.779 1.364
201705 1.127 103.256 1.429
201708 1.574 103.587 1.989
201711 1.215 104.072 1.529
201802 1.287 105.052 1.604
201805 1.256 106.148 1.549
201808 1.254 106.383 1.543
201811 0.898 106.338 1.106
201902 0.972 106.649 1.193
201905 1.337 108.048 1.620
201908 1.277 108.245 1.545
201911 1.767 108.519 2.132
202002 1.165 109.139 1.398
202005 1.237 108.175 1.497
202008 1.460 109.662 1.743
202011 1.235 109.793 1.473
202102 1.207 110.968 1.424
202105 1.262 113.576 1.455
202108 1.456 115.421 1.652
202111 1.602 117.269 1.789
202202 1.228 119.703 1.343
202205 1.572 123.323 1.669
202208 1.591 124.958 1.667
202211 1.342 125.607 1.399
202302 1.424 126.928 1.469
202305 1.797 128.314 1.834
202308 1.620 129.538 1.637
202311 1.368 129.548 1.383
202402 1.139 130.930 1.139

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.


Art's-Way Manufacturing Co  (NAS:ARTW) 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.


Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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


Art's-Way Manufacturing Co (Art's-Way Manufacturing Co) Business Description

Traded in Other Exchanges
Address
5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.
Executives
Randall C. Ramsey director 5556 HIGHWAY 9, ARMSTRONG IA 50514
Matthew Westendorf director C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
David Alan King officer: Executive Vice President C/O ART'S-WAY MANUFACTURING CO. INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
Mcconnell J Ward Jr director, 10 percent owner
Michael William Woods officer: Controller C/O ART'S WAY MANUFACTURING CO., INC., 5556 HIGHWAY 9, ARMSTRONG IA 50514
Marc H Mcconnell director 1118 N QUEEN ST, KINSTON NC 28501
David Allan White director C/O 5556 HIGHWAY 8, ARMSTRONG IA 50514
Carrie L. Gunnerson officer: President and CEO 5556 HIGHWAY 9, ARMSTRONG IA 50514
Joseph R Dancy director 1007 BEAVER CREEK, DUNCANVILLE TX 75137
Michael Furness officer: Director of Finance 5556 HIGHWAY 9, ARMSTRONG IA 50514
David R Castle director P.O. BOX 1738, LAKEFIELD A6 K0L 2H0
Dean James Droegemueller officer: Director of Finance 5825 VINCENT AVENUE SOUTH, MINNEAPOLIS MN 55410
Fred William Krahmer director 204 LAKE AVENUE, SUITE 201, FAIRMONT MN 56031
Thomas E Buffamante director 6863 WOODLAND DRIVE NORTH, GREAT VALLEY NY 14741
Douglas Richard Mcclellan director

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