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Manitowoc Co (FRA:MNGN) Cyclically Adjusted PS Ratio : 0.20 (As of May. 24, 2024)


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What is Manitowoc Co Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Manitowoc Co's current share price is €11.50. Manitowoc Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €56.49. Manitowoc Co's Cyclically Adjusted PS Ratio for today is 0.20.

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

FRA:MNGN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.2   Max: 0.45
Current: 0.2

During the past years, Manitowoc Co's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.09. And the median was 0.20.

FRA:MNGN's Cyclically Adjusted PS Ratio is ranked better than
91.23% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs FRA:MNGN: 0.20

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.

Manitowoc Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €12.631. 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 €56.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Manitowoc Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Manitowoc Co'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.

Manitowoc Co Cyclically Adjusted PS Ratio Chart

Manitowoc Co 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 0.21 0.17 0.25 0.13 0.27

Manitowoc Co 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 0.25 0.28 0.23 0.27 0.23

Competitive Comparison of Manitowoc Co's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Manitowoc Co'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.


Manitowoc Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Manitowoc Co 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.

Manitowoc Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.50/56.49
=0.20

* 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.

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

For example, Manitowoc Co'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)
=12.631/131.7762*131.7762
=12.631

Current CPI (Mar. 2024) = 131.7762.

Manitowoc Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.696 100.560 28.431
201409 22.250 100.428 29.195
201412 -13.038 99.070 -17.342
201503 11.082 99.621 14.659
201506 12.339 100.684 16.149
201509 11.470 100.392 15.056
201512 14.643 99.792 19.336
201603 11.239 100.470 14.741
201606 11.881 101.688 15.396
201609 9.006 101.861 11.651
201612 10.325 101.863 13.357
201703 8.165 102.862 10.460
201706 9.850 103.349 12.559
201709 9.351 104.136 11.833
201712 10.663 104.011 13.509
201803 8.854 105.290 11.081
201806 11.756 106.317 14.571
201809 10.736 106.507 13.283
201812 12.728 105.998 15.823
201903 10.379 107.251 12.752
201906 12.502 108.070 15.245
201909 11.472 108.329 13.955
201912 11.746 108.420 14.276
202003 8.479 108.902 10.260
202006 8.445 108.767 10.231
202009 8.741 109.815 10.489
202012 10.231 109.897 12.268
202103 8.550 111.754 10.082
202106 10.808 114.631 12.424
202109 9.815 115.734 11.175
202112 12.535 117.630 14.043
202203 11.718 121.301 12.730
202206 13.230 125.017 13.945
202209 12.983 125.227 13.662
202212 16.699 125.222 17.573
202303 13.281 127.348 13.743
202306 15.607 128.729 15.976
202309 13.638 129.860 13.839
202312 15.034 129.419 15.308
202403 12.631 131.776 12.631

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.


Manitowoc Co  (FRA:MNGN) 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.


Manitowoc Co Cyclically Adjusted PS Ratio Related Terms

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


Manitowoc Co (FRA:MNGN) Business Description

Traded in Other Exchanges
Address
11270 West Park Place, Suite 1000, Milwaukee, WI, USA, 53224
Manitowoc Co Inc provides engineered lifting solutions. It designs and manufactures mobile telescopic cranes, tower cranes, lattice-boom crawler cranes, and boom trucks. It offers products under brand names such as Grove, Manitowoc, National Crane, Potain, Shuttlelift, and Manitowoc Crane Care. Its crane products serve dealers, rental companies, contractors, and government entities in diverse markets, including energy production/distribution and utility, petrochemical and industrial, infrastructure, and commercial/residential construction. Manitowoc has three reportable segments: the Americas, Europe and Africa, and the Middle East and Asia-Pacific. The Americas segment provides the largest revenue stream to the firm.

Manitowoc Co (FRA:MNGN) Headlines

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