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Kaman (STU:KA1) Cyclically Adjusted PS Ratio : 1.00 (As of Jun. 08, 2024)


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What is Kaman Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Kaman's current share price is €42.80. Kaman's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €42.62. Kaman's Cyclically Adjusted PS Ratio for today is 1.00.

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

STU:KA1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.77   Max: 1.23
Current: 0.97

During the past years, Kaman's highest Cyclically Adjusted PS Ratio was 1.23. The lowest was 0.37. And the median was 0.77.

STU:KA1's Cyclically Adjusted PS Ratio is ranked better than
66.67% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs STU:KA1: 0.97

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.

Kaman's adjusted revenue per share data for the three months ended in Dec. 2023 was €6.559. 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 €42.62 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kaman Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kaman'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.

Kaman Cyclically Adjusted PS Ratio Chart

Kaman 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 1.19 1.08 0.82 0.44 0.51

Kaman Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.44 0.45 0.49 0.40 0.51

Competitive Comparison of Kaman's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Kaman'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.


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

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

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



Kaman 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=42.80/42.62
=1.00

* 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.

Kaman's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kaman's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.559/129.4194*129.4194
=6.559

Current CPI (Dec. 2023) = 129.4194.

Kaman Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 10.690 99.695 13.877
201406 11.975 100.560 15.412
201409 12.702 100.428 16.369
201412 13.938 99.070 18.208
201503 14.676 99.621 19.066
201506 14.153 100.684 18.192
201509 13.917 100.392 17.941
201512 14.974 99.792 19.420
201603 14.572 100.470 18.771
201606 14.990 101.688 19.078
201609 14.389 101.861 18.282
201612 14.426 101.863 18.329
201703 14.105 102.862 17.747
201706 14.353 103.349 17.974
201709 13.291 104.136 16.518
201712 -17.864 104.011 -22.228
201803 13.340 105.290 16.397
201806 5.393 106.317 6.565
201809 4.766 106.507 5.791
201812 6.904 105.998 8.430
201903 5.247 107.251 6.332
201906 5.498 108.070 6.584
201909 5.899 108.329 7.047
201912 7.628 108.420 9.105
202003 6.727 108.902 7.994
202006 5.711 108.767 6.795
202009 6.561 109.815 7.732
202012 5.491 109.897 6.466
202103 5.173 111.754 5.991
202106 5.424 114.631 6.124
202109 5.481 115.734 6.129
202112 5.556 117.630 6.113
202203 5.110 121.301 5.452
202206 5.420 125.017 5.611
202209 6.196 125.227 6.403
202212 6.634 125.222 6.856
202303 6.462 127.348 6.567
202306 6.353 128.729 6.387
202309 6.049 129.860 6.028
202312 6.559 129.419 6.559

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.


Kaman  (STU:KA1) 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.


Kaman Cyclically Adjusted PS Ratio Related Terms

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


Kaman (STU:KA1) Business Description

Industry
Traded in Other Exchanges
Address
1332 Blue Hills Avenue, Bloomfield, CT, USA, 06002
Kaman Corp is a diversified company that conducts business in the aerospace and defense, medical and industrial markets. The Engineered Products segment serves the aerospace and defense, industrial and medical markets providing sophisticated proprietary aircraft bearings and components. The Precision Products segment serves the aerospace and defense markets providing precision safe and arming solutions for missile and bomb systems for the U.S. and allied militaries. The Structures segment serves the aerospace and defense and medical end markets providing sophisticated complex metallic and composite aerostructures for commercial, military, and general aviation fixed military and general aviation fixed and rotary wing aircraft, and medical imaging solutions.

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