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Smith & Wesson Brands (FRA:SWS) Cyclically Adjusted PS Ratio : 1.04 (As of May. 21, 2024)


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What is Smith & Wesson Brands Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Smith & Wesson Brands's current share price is €14.59. Smith & Wesson Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €14.07. Smith & Wesson Brands's Cyclically Adjusted PS Ratio for today is 1.04.

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

FRA:SWS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.21   Max: 2.8
Current: 1.05

During the past years, Smith & Wesson Brands's highest Cyclically Adjusted PS Ratio was 2.80. The lowest was 0.43. And the median was 1.21.

FRA:SWS's Cyclically Adjusted PS Ratio is ranked better than
63.55% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.545 vs FRA:SWS: 1.05

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.

Smith & Wesson Brands's adjusted revenue per share data for the three months ended in Jan. 2024 was €2.742. 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 €14.07 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smith & Wesson Brands Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Smith & Wesson Brands'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.

Smith & Wesson Brands Cyclically Adjusted PS Ratio Chart

Smith & Wesson Brands Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.68 1.40 0.95 0.79

Smith & Wesson Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.74 0.79 0.84 0.97 0.86

Competitive Comparison of Smith & Wesson Brands's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.


Smith & Wesson Brands's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Smith & Wesson Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Smith & Wesson Brands's Cyclically Adjusted PS Ratio falls into.



Smith & Wesson Brands 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.

Smith & Wesson Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.59/14.07
=1.04

* 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.

Smith & Wesson Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Smith & Wesson Brands's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.742/130.1244*130.1244
=2.742

Current CPI (Jan. 2024) = 130.1244.

Smith & Wesson Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 2.234 100.023 2.906
201407 1.736 100.520 2.247
201410 1.566 100.176 2.034
201501 2.049 98.604 2.704
201504 3.033 99.824 3.954
201507 2.421 100.691 3.129
201510 2.293 100.346 2.973
201601 3.468 99.957 4.515
201604 3.447 100.947 4.443
201607 3.293 101.524 4.221
201610 3.711 101.988 4.735
201701 3.843 102.456 4.881
201704 3.814 103.167 4.811
201707 2.075 103.278 2.614
201710 2.311 104.070 2.890
201801 2.361 104.578 2.938
201804 2.556 105.708 3.146
201807 2.163 106.324 2.647
201810 2.553 106.695 3.114
201901 2.602 106.200 3.188
201904 0.302 107.818 0.364
201907 2.014 108.250 2.421
201910 1.855 108.577 2.223
202001 2.059 108.841 2.462
202004 3.186 108.173 3.833
202007 3.554 109.318 4.230
202010 3.740 109.861 4.430
202101 3.797 110.364 4.477
202104 5.129 112.673 5.923
202107 4.736 115.183 5.350
202110 4.080 116.696 4.550
202201 3.331 118.619 3.654
202204 3.650 121.978 3.894
202207 1.799 125.002 1.873
202210 2.665 125.734 2.758
202301 2.594 126.223 2.674
202304 2.853 127.992 2.901
202307 2.219 128.974 2.239
202310 2.552 129.810 2.558
202401 2.742 130.124 2.742

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.


Smith & Wesson Brands  (FRA:SWS) 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.


Smith & Wesson Brands Cyclically Adjusted PS Ratio Related Terms

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


Smith & Wesson Brands (FRA:SWS) Business Description

Traded in Other Exchanges
Address
2100 Roosevelt Avenue, Springfield, MA, USA, 01104
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.

Smith & Wesson Brands (FRA:SWS) Headlines

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