GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordson Corp (FRA:ND1) » Definitions » Cyclically Adjusted PS Ratio

Nordson (FRA:ND1) Cyclically Adjusted PS Ratio : 4.99 (As of Jun. 07, 2024)


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

What is Nordson Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Nordson's current share price is €208.80. Nordson's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €41.87. Nordson's Cyclically Adjusted PS Ratio for today is 4.99.

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

FRA:ND1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.77   Med: 5.19   Max: 7.58
Current: 5.11

During the past years, Nordson's highest Cyclically Adjusted PS Ratio was 7.58. The lowest was 2.77. And the median was 5.19.

FRA:ND1's Cyclically Adjusted PS Ratio is ranked worse than
87.62% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs FRA:ND1: 5.11

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.

Nordson's adjusted revenue per share data for the three months ended in Apr. 2024 was €10.513. 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 €41.87 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordson Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nordson'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.

Nordson Cyclically Adjusted PS Ratio Chart

Nordson Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 6.08 7.12 5.60 4.95

Nordson Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 5.19 5.95 4.95 5.79 5.83

Competitive Comparison of Nordson's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Nordson'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.


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

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

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



Nordson 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=208.80/41.87
=4.99

* 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.

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

For example, Nordson's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=10.513/131.7762*131.7762
=10.513

Current CPI (Apr. 2024) = 131.7762.

Nordson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 5.283 100.520 6.926
201410 5.816 100.176 7.651
201501 5.218 98.604 6.973
201504 6.007 99.824 7.930
201507 6.884 100.691 9.009
201510 6.701 100.346 8.800
201601 5.982 99.957 7.886
201604 6.724 100.947 8.778
201607 7.695 101.524 9.988
201610 7.992 101.988 10.326
201701 6.601 102.456 8.490
201704 7.949 103.167 10.153
201707 8.772 103.278 11.193
201710 8.377 104.070 10.607
201801 7.666 104.578 9.660
201804 7.656 105.708 9.544
201807 8.446 106.324 10.468
201810 8.396 106.695 10.370
201901 7.472 106.200 9.271
201904 8.449 107.818 10.326
201907 8.591 108.250 10.458
201910 9.084 108.577 11.025
202001 7.619 108.841 9.225
202004 8.361 108.173 10.185
202007 8.014 109.318 9.660
202010 8.090 109.861 9.704
202101 7.358 110.364 8.786
202104 8.403 112.673 9.828
202107 9.317 115.183 10.659
202110 8.786 116.696 9.921
202201 9.155 118.619 10.170
202204 10.078 121.978 10.888
202207 11.228 125.002 11.836
202210 12.000 125.734 12.577
202301 9.808 126.223 10.240
202304 10.280 127.992 10.584
202307 10.193 128.974 10.414
202310 11.836 129.810 12.015
202401 10.099 130.124 10.227
202404 10.513 131.776 10.513

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.


Nordson  (FRA:ND1) 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.


Nordson Cyclically Adjusted PS Ratio Related Terms

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


Nordson (FRA:ND1) Business Description

Traded in Other Exchanges
Address
28601 Clemens Road, Westlake, OH, USA, 44145
Nordson is a manufacturer of equipment (including pumps, valves, dispensers, applicators, filters, and pelletizers, among other equipment) used for dispensing adhesives, coatings, sealants, and other materials. The firm serves a diverse range of end markets including packaging, medical, electronics, and industrial. Nordson's business is organized into three segments: industrial precision solutions, medical and fluid solutions, and advanced technology solutions. The company generated approximately $2.6 billion in revenue in its fiscal 2023.

Nordson (FRA:ND1) Headlines

No Headlines