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Alamo Group (FRA:AL3) Cyclically Adjusted PS Ratio : 1.64 (As of Jun. 07, 2024)


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What is Alamo Group Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Alamo Group's current share price is €169.00. Alamo Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €102.92. Alamo Group's Cyclically Adjusted PS Ratio for today is 1.64.

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

FRA:AL3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.41   Max: 2.08
Current: 1.63

During the past years, Alamo Group's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.71. And the median was 1.41.

FRA:AL3's Cyclically Adjusted PS Ratio is ranked worse than
69.94% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.04 vs FRA:AL3: 1.63

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.

Alamo Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €32.574. 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 €102.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alamo Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Alamo Group'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.

Alamo Group Cyclically Adjusted PS Ratio Chart

Alamo Group 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 1.71 1.75 1.64 1.40 1.89

Alamo Group 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 1.76 1.71 1.57 1.89 1.98

Competitive Comparison of Alamo Group's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Alamo Group'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.


Alamo Group's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Alamo Group 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.

Alamo Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=169.00/102.92
=1.64

* 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.

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

For example, Alamo Group'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)
=32.574/131.7762*131.7762
=32.574

Current CPI (Mar. 2024) = 131.7762.

Alamo Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.456 100.560 16.323
201409 14.926 100.428 19.585
201412 15.925 99.070 21.182
201503 16.790 99.621 22.209
201506 16.718 100.684 21.881
201509 17.951 100.392 23.563
201512 17.920 99.792 23.663
201603 16.464 100.470 21.594
201606 16.297 101.688 21.119
201609 16.657 101.861 21.549
201612 16.786 101.863 21.715
201703 17.331 102.862 22.203
201706 16.264 103.349 20.738
201709 17.231 104.136 21.805
201712 17.524 104.011 22.202
201803 16.449 105.290 20.587
201806 18.717 106.317 23.199
201809 18.743 106.507 23.190
201812 19.121 105.998 23.771
201903 19.683 107.251 24.184
201906 21.393 108.070 26.086
201909 20.894 108.329 25.416
201912 22.873 108.420 27.800
202003 24.061 108.902 29.115
202006 20.144 108.767 24.405
202009 20.901 109.815 25.081
202012 20.004 109.897 23.987
202103 22.000 111.754 25.941
202106 24.237 114.631 27.862
202109 24.165 115.734 27.515
202112 25.078 117.630 28.094
202203 27.585 121.301 29.967
202206 31.397 125.017 33.095
202209 31.193 125.227 32.824
202212 30.566 125.222 32.166
202303 32.151 127.348 33.269
202306 33.917 128.729 34.720
202309 32.778 129.860 33.262
202312 31.910 129.419 32.491
202403 32.574 131.776 32.574

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.


Alamo Group  (FRA:AL3) 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.


Alamo Group Cyclically Adjusted PS Ratio Related Terms

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


Alamo Group (FRA:AL3) Business Description

Traded in Other Exchanges
Address
1627 East Walnut, Seguin, TX, USA, 78155
Alamo Group Inc is engaged in the design and manufacturing of agricultural equipment and infrastructure maintenance equipment. Its products include tractor-mounted mowing and other vegetation maintenance equipment, street sweepers, excavators, vacuum trucks, snow removal equipment, leaf collection equipment, pothole patchers, zero-turn radius mowers, agricultural implements, and related aftermarket parts. The company's reportable segments are Vegetation Management and Industrial Equipment. It generates a majority of its revenue from Vegetation Management. Geographically, the company generates majority of the revenue from the United States.

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