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Mohawk Industries (BSP:M1HK34) Cyclically Adjusted PS Ratio : 0.73 (As of May. 18, 2024)


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What is Mohawk Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Mohawk Industries's current share price is R$22.94. Mohawk Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$31.62. Mohawk Industries's Cyclically Adjusted PS Ratio for today is 0.73.

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

BSP:M1HK34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.32   Max: 2.71
Current: 0.72

During the past years, Mohawk Industries's highest Cyclically Adjusted PS Ratio was 2.71. The lowest was 0.47. And the median was 1.32.

BSP:M1HK34's Cyclically Adjusted PS Ratio is ranked better than
54.6% of 315 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.85 vs BSP:M1HK34: 0.72

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.

Mohawk Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was R$8.019. 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 R$31.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mohawk Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mohawk Industries'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.

Mohawk Industries Cyclically Adjusted PS Ratio Chart

Mohawk Industries 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 1.18 1.16 1.33 0.67 0.64

Mohawk Industries 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 0.64 0.64 0.53 0.64 0.79

Competitive Comparison of Mohawk Industries's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.


Mohawk Industries's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Mohawk Industries 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.

Mohawk Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.94/31.62
=0.73

* 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.

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

For example, Mohawk Industries'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)
=8.019/131.7762*131.7762
=8.019

Current CPI (Mar. 2024) = 131.7762.

Mohawk Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.403 100.560 3.149
201409 2.439 100.428 3.200
201412 2.699 99.070 3.590
201503 3.091 99.621 4.089
201506 3.313 100.684 4.336
201509 4.337 100.392 5.693
201512 4.006 99.792 5.290
201603 4.147 100.470 5.439
201606 4.079 101.688 5.286
201609 3.847 101.861 4.977
201612 3.773 101.863 4.881
201703 3.573 102.862 4.577
201706 4.157 103.349 5.300
201709 3.942 104.136 4.988
201712 4.010 104.011 5.080
201803 4.060 105.290 5.081
201806 4.988 106.317 6.182
201809 5.368 106.507 6.642
201812 4.932 105.998 6.131
201903 4.967 107.251 6.103
201906 5.273 108.070 6.430
201909 5.514 108.329 6.707
201912 5.366 108.420 6.522
202003 5.985 108.902 7.242
202006 5.746 108.767 6.962
202009 7.492 109.815 8.990
202012 7.309 109.897 8.764
202103 8.208 111.754 9.679
202106 8.191 114.631 9.416
202109 8.306 115.734 9.457
202112 8.891 117.630 9.960
202203 8.884 121.301 9.651
202206 9.595 125.017 10.114
202209 9.261 125.227 9.745
202212 8.294 125.222 8.728
202303 8.811 127.348 9.117
202306 8.620 128.729 8.824
202309 8.251 129.860 8.373
202312 7.730 129.419 7.871
202403 8.019 131.776 8.019

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.


Mohawk Industries  (BSP:M1HK34) 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.


Mohawk Industries Cyclically Adjusted PS Ratio Related Terms

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


Mohawk Industries (BSP:M1HK34) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Mohawk Industries (BSP:M1HK34) Headlines

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