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Atkore (FRA:AOA) Cyclically Adjusted PS Ratio : 2.79 (As of May. 19, 2024)


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What is Atkore Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Atkore's current share price is €141.05. Atkore's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €50.48. Atkore's Cyclically Adjusted PS Ratio for today is 2.79.

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

FRA:AOA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 3.04   Max: 3.25
Current: 2.69

During the past years, Atkore's highest Cyclically Adjusted PS Ratio was 3.25. The lowest was 2.69. And the median was 3.04.

FRA:AOA's Cyclically Adjusted PS Ratio is ranked worse than
70.54% of 2193 companies
in the Industrial Products industry
Industry Median: 1.44 vs FRA:AOA: 2.69

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.

Atkore's adjusted revenue per share data for the three months ended in Mar. 2024 was €19.628. 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 €50.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atkore Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Atkore'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.

Atkore Cyclically Adjusted PS Ratio Chart

Atkore Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
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Atkore 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 - - - - 3.37

Competitive Comparison of Atkore's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Atkore'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.


Atkore's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Atkore's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Atkore 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.

Atkore's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=141.05/50.48
=2.79

* 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.

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

For example, Atkore'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)
=19.628/131.7762*131.7762
=19.628

Current CPI (Mar. 2024) = 131.7762.

Atkore Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.000 98.790 0.000
201409 0.000 100.428 0.000
201412 5.534 99.070 7.361
201503 6.400 99.621 8.466
201506 6.163 100.684 8.066
201509 6.242 100.392 8.193
201512 5.267 99.792 6.955
201603 5.073 100.470 6.654
201606 5.636 101.688 7.304
201609 5.825 101.861 7.536
201612 4.855 101.863 6.281
201703 5.211 102.862 6.676
201706 5.292 103.349 6.748
201709 4.997 104.136 6.323
201712 5.315 104.011 6.734
201803 6.683 105.290 8.364
201806 8.806 106.317 10.915
201809 8.472 106.507 10.482
201812 8.229 105.998 10.230
201903 8.768 107.251 10.773
201906 9.184 108.070 11.199
201909 9.510 108.329 11.568
201912 8.390 108.420 10.197
202003 8.574 108.902 10.375
202006 7.148 108.767 8.660
202009 8.460 109.815 10.152
202012 8.836 109.897 10.595
202103 11.299 111.754 13.323
202106 14.984 114.631 17.225
202109 16.818 115.734 19.149
202112 15.977 117.630 17.898
202203 19.704 121.301 21.406
202206 23.018 125.017 24.263
202209 24.907 125.227 26.210
202212 19.381 125.222 20.395
202303 21.052 127.348 21.784
202306 21.945 128.729 22.465
202309 21.284 129.860 21.598
202312 19.399 129.419 19.752
202403 19.628 131.776 19.628

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.


Atkore  (FRA:AOA) 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.


Atkore Cyclically Adjusted PS Ratio Related Terms

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


Atkore (FRA:AOA) Business Description

Industry
Traded in Other Exchanges
Address
16100 South Lathrop Avenue, Harvey, IL, USA, 60426
Atkore Inc is a diversified industrials company and a manufacturer of electrical, mechanical, and safety infrastructure solutions. Atkore has two business segments: electrical and safety and infrastructure. Net sales are highest in the electrical business line as well as in the United States. The key product categories in the electrical segment are PVC conduit, steel conduit, and PVC-coated conduit, which are staples for electrical distributors. The key product categories in the safety and infrastructure segment include in-line galvanized mechanical tube, metal framing and related fittings, and security bollards. Also, the company provides ancillary services to customers in the form of slitting and cutting structural steel sheets.