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Ducommun (STU:DUM) Cyclically Adjusted PS Ratio : 0.88 (As of Jun. 01, 2024)


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What is Ducommun Cyclically Adjusted PS Ratio?

As of today (2024-06-01), Ducommun's current share price is €53.00. Ducommun's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €60.53. Ducommun's Cyclically Adjusted PS Ratio for today is 0.88.

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

STU:DUM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.61   Max: 0.99
Current: 0.87

During the past years, Ducommun's highest Cyclically Adjusted PS Ratio was 0.99. The lowest was 0.24. And the median was 0.61.

STU:DUM's Cyclically Adjusted PS Ratio is ranked better than
69.3% of 215 companies
in the Aerospace & Defense industry
Industry Median: 1.51 vs STU:DUM: 0.87

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.

Ducommun's adjusted revenue per share data for the three months ended in Mar. 2024 was €11.755. 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 €60.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ducommun Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ducommun'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.

Ducommun Cyclically Adjusted PS Ratio Chart

Ducommun 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 0.82 0.85 0.70 0.74 0.79

Ducommun 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 0.81 0.64 0.64 0.79 0.77

Competitive Comparison of Ducommun's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Ducommun'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.


Ducommun's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

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



Ducommun 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=53.00/60.53
=0.88

* 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.

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

For example, Ducommun'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)
=11.755/131.7762*131.7762
=11.755

Current CPI (Mar. 2024) = 131.7762.

Ducommun Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.429 100.560 16.287
201409 13.096 100.428 17.184
201412 13.962 99.070 18.571
201503 14.573 99.621 19.277
201506 13.816 100.684 18.083
201509 12.997 100.392 17.060
201512 12.969 99.792 17.126
201603 11.357 100.470 14.896
201606 10.543 101.688 13.663
201609 10.444 101.861 13.511
201612 11.835 101.863 15.311
201703 11.086 102.862 14.202
201706 10.916 103.349 13.919
201709 10.131 104.136 12.820
201712 10.395 104.011 13.170
201803 10.507 105.290 13.150
201806 11.402 106.317 14.132
201809 11.725 106.507 14.507
201812 12.315 105.998 15.310
201903 12.992 107.251 15.963
201906 13.585 108.070 16.565
201909 13.943 108.329 16.961
201912 14.238 108.420 17.305
202003 13.243 108.902 16.025
202006 11.059 108.767 13.398
202009 10.675 109.815 12.810
202012 10.746 109.897 12.885
202103 10.776 111.754 12.707
202106 10.856 114.631 12.480
202109 11.333 115.734 12.904
202112 11.899 117.630 13.330
202203 12.041 121.301 13.081
202206 13.362 125.017 14.084
202209 15.260 125.227 16.058
202212 14.303 125.222 15.052
202303 13.498 127.348 13.967
202306 12.714 128.729 13.015
202309 12.413 129.860 12.596
202312 11.827 129.419 12.042
202403 11.755 131.776 11.755

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.


Ducommun  (STU:DUM) 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.


Ducommun Cyclically Adjusted PS Ratio Related Terms

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


Ducommun (STU:DUM) Business Description

Traded in Other Exchanges
Address
200 Sandpointe Avenue, Suite 700, Santa Ana, CA, USA, 92707-5759
Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers, and manufactures large, complex contoured aerostructure components & assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers, and manufactures high-reliability electronic & electromechanical products used in worldwide technology-driven markets including aerospace and defense, industrial, medical, & other end-use markets. It generates most of its revenue from the Electronic Systems.

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