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Oshkosh (FRA:OK3) Cyclically Adjusted PS Ratio : 0.99 (As of May. 16, 2024)


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What is Oshkosh Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Oshkosh's current share price is €112.00. Oshkosh's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €113.02. Oshkosh's Cyclically Adjusted PS Ratio for today is 0.99.

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

FRA:OK3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.75   Max: 1.35
Current: 0.99

During the past years, Oshkosh's highest Cyclically Adjusted PS Ratio was 1.35. The lowest was 0.37. And the median was 0.75.

FRA:OK3's Cyclically Adjusted PS Ratio is ranked better than
52.05% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.01 vs FRA:OK3: 0.99

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.

Oshkosh's adjusted revenue per share data for the three months ended in Mar. 2024 was €35.390. 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 €113.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oshkosh Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Oshkosh'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.

Oshkosh Cyclically Adjusted PS Ratio Chart

Oshkosh Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.75 0.98 0.77 0.89

Oshkosh 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 0.71 0.73 0.79 0.89 1.01

Competitive Comparison of Oshkosh's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Oshkosh'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.


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

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

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



Oshkosh 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=112.00/113.02
=0.99

* 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.

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

For example, Oshkosh'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)
=35.39/129.4194*129.4194
=35.390

Current CPI (Mar. 2024) = 129.4194.

Oshkosh Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.555 100.560 21.306
201409 15.421 100.428 19.873
201412 13.746 99.070 17.957
201503 18.179 99.621 23.617
201506 18.142 100.684 23.320
201509 18.054 100.392 23.274
201512 15.355 99.792 19.914
201603 18.532 100.470 23.872
201606 20.942 101.688 26.653
201609 20.926 101.861 26.588
201612 15.234 101.863 19.355
201703 19.966 102.862 25.121
201706 23.887 103.349 29.913
201709 21.641 104.136 26.895
201712 17.632 104.011 21.939
201803 20.264 105.290 24.908
201806 24.946 106.317 30.367
201809 23.906 106.507 29.049
201812 21.985 105.998 26.843
201903 24.893 107.251 30.038
201906 30.088 108.070 36.032
201909 28.903 108.329 34.530
201912 22.129 108.420 26.415
202003 23.609 108.902 28.057
202006 20.469 108.767 24.356
202009 22.031 109.815 25.964
202012 18.833 109.897 22.179
202103 22.901 111.754 26.521
202106 26.336 114.631 29.733
202109 25.366 115.734 28.365
202112 23.340 117.630 25.679
202203 26.609 121.301 28.390
202206 29.609 125.017 30.652
202209 31.736 125.227 32.799
202212 31.588 125.222 32.647
202303 32.179 127.348 32.702
202306 33.920 128.729 34.102
202309 35.663 129.860 35.542
202312 34.264 129.419 34.264
202403 35.390 129.419 35.390

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.


Oshkosh  (FRA:OK3) 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.


Oshkosh Cyclically Adjusted PS Ratio Related Terms

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


Oshkosh (FRA:OK3) Business Description

Traded in Other Exchanges
Address
1917 Four Wheel Drive, Oshkosh, WI, USA, 54902
Oshkosh is the top producer of access equipment, specialty vehicles, and military trucks. It serves diverse end markets, where it is typically the market share leader in North America, or, in the case of JLG aerial work platforms, a global leader. In recent years, the company has manufactured joint light tactical vehicles, or JLTV, for the U.S. Department of Defense. However, Oshkosh recently lost the JLTV recompete, bringing its U.S. Postal Service contract into focus, which calls for the electrification of U.S. postal vehicles. The company reports four segments—access equipment (48% of revenue), defense (26%), fire and emergency (13%), and commercial (13%)—and generated $8.3 billion in revenue in 2022.

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