GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mueller Industries Inc (FRA:MUD) » Definitions » Cyclically Adjusted PS Ratio

Mueller Industries (FRA:MUD) Cyclically Adjusted PS Ratio : 2.01 (As of May. 21, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Mueller Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Mueller Industries's current share price is €51.50. Mueller Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €25.59. Mueller Industries's Cyclically Adjusted PS Ratio for today is 2.01.

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

FRA:MUD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.91   Max: 2.07
Current: 2.04

During the past years, Mueller Industries's highest Cyclically Adjusted PS Ratio was 2.07. The lowest was 0.49. And the median was 0.91.

FRA:MUD's Cyclically Adjusted PS Ratio is ranked worse than
60.55% of 2195 companies
in the Industrial Products industry
Industry Median: 1.43 vs FRA:MUD: 2.04

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.

Mueller Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.848. 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 €25.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mueller Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mueller Industries'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.

Mueller Industries Cyclically Adjusted PS Ratio Chart

Mueller Industries 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 0.80 0.85 1.26 1.11 1.68

Mueller Industries 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 1.35 1.57 1.34 1.68 1.88

Competitive Comparison of Mueller Industries's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Mueller Industries'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.


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

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

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



Mueller Industries 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.

Mueller Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=51.50/25.59
=2.01

* 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.

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

For example, Mueller Industries'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)
=6.848/131.7762*131.7762
=6.848

Current CPI (Mar. 2024) = 131.7762.

Mueller Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.215 100.560 5.523
201409 4.122 100.428 5.409
201412 3.834 99.070 5.100
201503 4.360 99.621 5.767
201506 4.343 100.684 5.684
201509 4.185 100.392 5.493
201512 3.802 99.792 5.021
201603 4.200 100.470 5.509
201606 4.253 101.688 5.511
201609 3.944 101.861 5.102
201612 3.906 101.863 5.053
201703 4.704 102.862 6.026
201706 4.761 103.349 6.071
201709 4.019 104.136 5.086
201712 3.838 104.011 4.863
201803 4.520 105.290 5.657
201806 4.950 106.317 6.135
201809 4.821 106.507 5.965
201812 4.316 105.998 5.366
201903 4.812 107.251 5.912
201906 5.236 108.070 6.385
201909 4.907 108.329 5.969
201912 4.332 108.420 5.265
202003 4.832 108.902 5.847
202006 3.952 108.767 4.788
202009 4.663 109.815 5.596
202012 4.913 109.897 5.891
202103 6.063 111.754 7.149
202106 7.397 114.631 8.503
202109 7.349 115.734 8.368
202112 7.437 117.630 8.331
202203 8.057 121.301 8.753
202206 9.623 125.017 10.143
202209 8.456 125.227 8.898
202212 7.350 125.222 7.735
202303 8.042 127.348 8.322
202306 7.262 128.729 7.434
202309 6.746 129.860 6.846
202312 5.892 129.419 5.999
202403 6.848 131.776 6.848

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.


Mueller Industries  (FRA:MUD) 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.


Mueller Industries Cyclically Adjusted PS Ratio Related Terms

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


Mueller Industries (FRA:MUD) Business Description

Traded in Other Exchanges
Address
150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.

Mueller Industries (FRA:MUD) Headlines

No Headlines