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Summit Materials (FRA:7SU) Cyclically Adjusted PS Ratio : 1.28 (As of Jun. 08, 2024)


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What is Summit Materials Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Summit Materials's current share price is €34.40. Summit Materials's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €26.93. Summit Materials's Cyclically Adjusted PS Ratio for today is 1.28.

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

FRA:7SU' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.85   Med: 1.16   Max: 1.5
Current: 1.26

During the past years, Summit Materials's highest Cyclically Adjusted PS Ratio was 1.50. The lowest was 0.85. And the median was 1.16.

FRA:7SU's Cyclically Adjusted PS Ratio is ranked worse than
59.38% of 320 companies
in the Building Materials industry
Industry Median: 0.975 vs FRA:7SU: 1.26

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.

Summit Materials's adjusted revenue per share data for the three months ended in Mar. 2024 was €4.421. 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 €26.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Summit Materials Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Summit Materials'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.

Summit Materials Cyclically Adjusted PS Ratio Chart

Summit Materials 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 - - - 0.94 1.29

Summit Materials 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 0.94 1.24 1.02 1.29 1.49

Competitive Comparison of Summit Materials's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Summit Materials'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.


Summit Materials's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Summit Materials's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Summit Materials 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.

Summit Materials's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.40/26.93
=1.28

* 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.

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

For example, Summit Materials'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)
=4.421/131.7762*131.7762
=4.421

Current CPI (Mar. 2024) = 131.7762.

Summit Materials Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.663 100.560 12.663
201409 12.402 100.428 16.273
201412 11.166 99.070 14.852
201503 6.287 99.621 8.316
201506 11.233 100.684 14.702
201509 10.345 100.392 13.579
201512 7.099 99.792 9.374
201603 3.908 100.470 5.126
201606 6.014 101.688 7.793
201609 6.134 101.861 7.935
201612 4.049 101.863 5.238
201703 2.450 102.862 3.139
201706 4.191 103.349 5.344
201709 4.721 104.136 5.974
201712 3.654 104.011 4.629
201803 2.266 105.290 2.836
201806 4.492 106.317 5.568
201809 5.229 106.507 6.470
201812 3.794 105.998 4.717
201903 2.589 107.251 3.181
201906 4.661 108.070 5.683
201909 5.659 108.329 6.884
201912 4.349 108.420 5.286
202003 2.876 108.902 3.480
202006 4.827 108.767 5.848
202009 5.175 109.815 6.210
202012 4.384 109.897 5.257
202103 3.055 111.754 3.602
202106 4.597 114.631 5.285
202109 5.025 115.734 5.722
202112 4.306 117.630 4.824
202203 3.161 121.301 3.434
202206 5.383 125.017 5.674
202209 6.315 125.227 6.645
202212 4.371 125.222 4.600
202303 3.426 127.348 3.545
202306 5.637 128.729 5.770
202309 6.220 129.860 6.312
202312 5.027 129.419 5.119
202403 4.421 131.776 4.421

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.


Summit Materials  (FRA:7SU) 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.


Summit Materials Cyclically Adjusted PS Ratio Related Terms

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


Summit Materials (FRA:7SU) Business Description

Traded in Other Exchanges
Address
1801 California Street, Suite 3500, Denver, CO, USA, 80202
Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.

Summit Materials (FRA:7SU) Headlines

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