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Curtiss-Wright (FRA:CWT) Cyclically Adjusted PS Ratio : 3.99 (As of Jun. 10, 2024)


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What is Curtiss-Wright Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Curtiss-Wright's current share price is €250.00. Curtiss-Wright's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €62.65. Curtiss-Wright's Cyclically Adjusted PS Ratio for today is 3.99.

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

FRA:CWT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.23   Max: 4.2
Current: 4.03

During the past years, Curtiss-Wright's highest Cyclically Adjusted PS Ratio was 4.20. The lowest was 0.97. And the median was 2.23.

FRA:CWT's Cyclically Adjusted PS Ratio is ranked worse than
80.28% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs FRA:CWT: 4.03

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.

Curtiss-Wright's adjusted revenue per share data for the three months ended in Mar. 2024 was €17.073. 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 €62.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Curtiss-Wright Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Curtiss-Wright'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.

Curtiss-Wright Cyclically Adjusted PS Ratio Chart

Curtiss-Wright 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 2.77 2.22 2.43 2.67 3.39

Curtiss-Wright 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 2.77 2.85 2.98 3.39 3.80

Competitive Comparison of Curtiss-Wright's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Curtiss-Wright'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.


Curtiss-Wright's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Curtiss-Wright's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Curtiss-Wright 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.

Curtiss-Wright's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=250.00/62.65
=3.99

* 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.

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

For example, Curtiss-Wright'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)
=17.073/131.7762*131.7762
=17.073

Current CPI (Mar. 2024) = 131.7762.

Curtiss-Wright Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.508 100.560 11.149
201409 8.825 100.428 11.580
201412 9.498 99.070 12.634
201503 10.356 99.621 13.699
201506 10.066 100.684 13.174
201509 9.880 100.392 12.969
201512 11.712 99.792 15.466
201603 9.994 100.470 13.108
201606 10.499 101.688 13.606
201609 10.041 101.861 12.990
201612 11.969 101.863 15.484
201703 10.913 102.862 13.981
201706 11.275 103.349 14.376
201709 10.663 104.136 13.493
201712 11.567 104.011 14.655
201803 9.939 105.290 12.439
201806 11.918 106.317 14.772
201809 11.509 106.507 14.240
201812 13.039 105.998 16.210
201903 11.886 107.251 14.604
201906 13.144 108.070 16.027
201909 12.985 108.329 15.795
201912 13.729 108.420 16.687
202003 12.722 108.902 15.394
202006 11.670 108.767 14.139
202009 11.611 109.815 13.933
202012 13.264 109.897 15.905
202103 12.202 111.754 14.388
202106 12.555 114.631 14.433
202109 12.882 115.734 14.668
202112 14.903 117.630 16.695
202203 13.137 121.301 14.271
202206 14.913 125.017 15.719
202209 16.479 125.227 17.341
202212 18.515 125.222 19.484
202303 15.298 127.348 15.830
202306 16.863 128.729 17.262
202309 17.602 129.860 17.862
202312 18.715 129.419 19.056
202403 17.073 131.776 17.073

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.


Curtiss-Wright  (FRA:CWT) 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.


Curtiss-Wright Cyclically Adjusted PS Ratio Related Terms

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


Curtiss-Wright (FRA:CWT) Business Description

Traded in Other Exchanges
Address
130 Harbour Place Drive, Suite 300, Davidson, NC, USA, 28036
Curtiss-Wright Corporation delivers engineered products and services to commercial, defence, power generation, and other industrial markets. It offers industrial vehicle components, control systems and weapons handling systems, pumps, valves, and other solutions. The diversified global company attempts to deliver products on high-performance platforms that require technical sophistication. It has three operating segments based on the markets serviced: Naval & Power which provides coolant pumps, power-dense compact motors, generators, secondary propulsion systems, pumps, pump seals, valves, control rod drive mechanisms, and fastening systems also generate the majority of revenue for the company; Its others segments are Aerospace & Industrial and Defense Electronics.