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Columbus McKinnon (Columbus McKinnon) Cyclically Adjusted PS Ratio : 1.17 (As of May. 15, 2024)


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What is Columbus McKinnon Cyclically Adjusted PS Ratio?

As of today (2024-05-15), Columbus McKinnon's current share price is $44.58. Columbus McKinnon's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $38.08. Columbus McKinnon's Cyclically Adjusted PS Ratio for today is 1.17.

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

CMCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.93   Max: 1.62
Current: 1.17

During the past years, Columbus McKinnon's highest Cyclically Adjusted PS Ratio was 1.62. The lowest was 0.43. And the median was 0.93.

CMCO's Cyclically Adjusted PS Ratio is ranked worse than
53.22% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1 vs CMCO: 1.17

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.

Columbus McKinnon's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.766. 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 $38.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Columbus McKinnon Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Columbus McKinnon'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.

Columbus McKinnon Cyclically Adjusted PS Ratio Chart

Columbus McKinnon Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.74 1.55 1.16 0.99

Columbus McKinnon Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.88 0.99 1.07 0.91 1.02

Competitive Comparison of Columbus McKinnon's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Columbus McKinnon'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.


Columbus McKinnon's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Columbus McKinnon 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.

Columbus McKinnon's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=44.58/38.08
=1.17

* 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.

Columbus McKinnon's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8.766/129.4194*129.4194
=8.766

Current CPI (Dec. 2023) = 129.4194.

Columbus McKinnon Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.002 99.695 10.388
201406 7.113 100.560 9.154
201409 7.281 100.428 9.383
201412 6.959 99.070 9.091
201503 7.322 99.621 9.512
201506 6.735 100.684 8.657
201509 7.271 100.392 9.373
201512 7.871 99.792 10.208
201603 7.616 100.470 9.810
201606 7.353 101.688 9.358
201609 7.459 101.861 9.477
201612 7.443 101.863 9.457
201703 8.218 102.862 10.340
201706 8.847 103.349 11.079
201709 9.197 104.136 11.430
201712 9.072 104.011 11.288
201803 9.024 105.290 11.092
201806 9.530 106.317 11.601
201809 9.154 106.507 11.123
201812 9.312 105.998 11.370
201903 9.145 107.251 11.035
201906 8.946 108.070 10.713
201909 8.677 108.329 10.366
201912 8.296 108.420 9.903
202003 7.984 108.902 9.488
202006 5.843 108.767 6.952
202009 6.607 109.815 7.787
202012 6.882 109.897 8.105
202103 7.426 111.754 8.600
202106 7.976 114.631 9.005
202109 7.777 115.734 8.697
202112 7.493 117.630 8.244
202203 8.786 121.301 9.374
202206 7.676 125.017 7.946
202209 8.061 125.227 8.331
202212 8.005 125.222 8.273
202303 8.762 127.348 8.905
202306 8.147 128.729 8.191
202309 8.910 129.860 8.880
202312 8.766 129.419 8.766

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.


Columbus McKinnon  (NAS:CMCO) 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.


Columbus McKinnon Cyclically Adjusted PS Ratio Related Terms

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


Columbus McKinnon (Columbus McKinnon) Business Description

Traded in Other Exchanges
Address
205 Crosspoint Parkway, Buffalo, NY, USA, 14068
Columbus McKinnon Corp is a designer, manufacturer and marketer of intelligent motion solutions, including motion control products, technologies, automated systems and services, that efficiently and ergonomically move, lift, position and secure materials. Its key products include hoists, crane components, precision conveyors, actuators, rigging tools, light rail workstations, and digital power and motion control systems. The company's targeted market verticals include general industries, mobile industries, energy and utilities, process industries, industrial automation, construction and infrastructure, food processing, entertainment, life sciences, consumer packaged goods and e-commerce/supply chain/warehousing.
Executives
Rebecca Yeung director 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jon Adams officer: Interim VP Crane Solutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Kurt F Wozniak officer: VP - Latin America 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gerard G Colella director 6 SHATTUCK RD, ANDOVER MA 01810
Chad R Abraham director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Mark R Paradowski officer: VP - Information Services 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Alan S Korman officer: VP, Gen'l Counsel & Secretary 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Gregory P Rustowicz officer: VP - Finance and CFO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Peter M Mccormick officer: VP-CraneSolutions 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Adrienne Williams officer: Vice President & CHRO 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Terry Schadeberg officer: President Dorner Mfg. Corp. 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Michael Dastoor director C/O JABIL CIRCUIT, INC., 10560 DR. MARTIN LUTHER KING, JR. ST. N., ST. PETERSBURG FL 33716-3718
Mario Y. Ramos officer: VP Global Product Development 205 CROSSPOINT PARKWAY, GETZVILLE NY 14068
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
David J. Wilson director, officer: President & CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277