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Matthews International (FRA:MW1A) Cyclically Adjusted PS Ratio : 0.48 (As of May. 17, 2024)


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What is Matthews International Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Matthews International's current share price is €26.38. Matthews International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €54.43. Matthews International's Cyclically Adjusted PS Ratio for today is 0.48.

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

FRA:MW1A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.07   Max: 2.19
Current: 0.5

During the past years, Matthews International's highest Cyclically Adjusted PS Ratio was 2.19. The lowest was 0.41. And the median was 1.07.

FRA:MW1A's Cyclically Adjusted PS Ratio is ranked better than
63.06% of 444 companies
in the Conglomerates industry
Industry Median: 0.765 vs FRA:MW1A: 0.50

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.

Matthews International's adjusted revenue per share data for the three months ended in Mar. 2024 was €13.887. 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 €54.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matthews International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Matthews International'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.

Matthews International Cyclically Adjusted PS Ratio Chart

Matthews International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.49 0.71 0.41 0.67

Matthews International 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 0.64 0.74 0.67 0.63 0.52

Competitive Comparison of Matthews International's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Matthews International'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.


Matthews International's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Matthews International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Matthews International 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.

Matthews International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.38/54.43
=0.48

* 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.

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

For example, Matthews International'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)
=13.887/131.7762*131.7762
=13.887

Current CPI (Mar. 2024) = 131.7762.

Matthews International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.496 100.560 9.823
201409 8.596 100.428 11.279
201412 8.420 99.070 11.200
201503 9.729 99.621 12.869
201506 9.790 100.684 12.813
201509 9.894 100.392 12.987
201512 9.796 99.792 12.936
201603 9.931 100.470 13.025
201606 10.383 101.688 13.455
201609 10.345 101.861 13.383
201612 10.196 101.863 13.190
201703 10.935 102.862 14.009
201706 10.646 103.349 13.574
201709 10.227 104.136 12.942
201712 9.796 104.011 12.411
201803 10.542 105.290 13.194
201806 11.087 106.317 13.742
201809 10.922 106.507 13.513
201812 10.364 105.998 12.884
201903 10.938 107.251 13.439
201906 10.658 108.070 12.996
201909 11.419 108.329 13.891
201912 10.549 108.420 12.821
202003 10.889 108.902 13.176
202006 10.219 108.767 12.381
202009 10.816 109.815 12.979
202012 10.018 109.897 12.012
202103 10.922 111.754 12.879
202106 11.044 114.631 12.696
202109 11.754 115.734 13.383
202112 12.237 117.630 13.709
202203 12.749 121.301 13.850
202206 12.644 125.017 13.328
202209 13.909 125.227 14.636
202212 13.701 125.222 14.418
202303 14.366 127.348 14.866
202306 13.941 128.729 14.271
202309 14.162 129.860 14.371
202312 13.347 129.419 13.590
202403 13.887 131.776 13.887

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.


Matthews International  (FRA:MW1A) 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.


Matthews International Cyclically Adjusted PS Ratio Related Terms

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


Matthews International (FRA:MW1A) Business Description

Traded in Other Exchanges
Address
Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.

Matthews International (FRA:MW1A) Headlines

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