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Ag Growth International (TSX:AFN) Cyclically Adjusted PS Ratio : 0.91 (As of Jun. 09, 2024)


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What is Ag Growth International Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Ag Growth International's current share price is C$52.10. Ag Growth International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$57.07. Ag Growth International's Cyclically Adjusted PS Ratio for today is 0.91.

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

TSX:AFN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.25   Max: 2.34
Current: 0.91

During the past years, Ag Growth International's highest Cyclically Adjusted PS Ratio was 2.34. The lowest was 0.43. And the median was 1.25.

TSX:AFN's Cyclically Adjusted PS Ratio is ranked better than
52.6% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.03 vs TSX:AFN: 0.91

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.

Ag Growth International's adjusted revenue per share data for the three months ended in Mar. 2024 was C$16.151. 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 C$57.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ag Growth International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ag Growth International'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.

Ag Growth International Cyclically Adjusted PS Ratio Chart

Ag Growth International 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 1.32 0.77 0.73 0.86 0.91

Ag Growth International 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 1.17 0.94 0.97 0.91 1.08

Competitive Comparison of Ag Growth International's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Ag Growth International'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.


Ag Growth International's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



Ag Growth International 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.

Ag Growth International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=52.10/57.07
=0.91

* 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.

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

For example, Ag Growth International'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)
=16.151/126.2576*126.2576
=16.151

Current CPI (Mar. 2024) = 126.2576.

Ag Growth International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.558 99.473 9.593
201409 8.574 99.394 10.891
201412 6.559 98.367 8.419
201503 6.622 99.789 8.378
201506 8.400 100.500 10.553
201509 7.855 100.421 9.876
201512 7.382 99.947 9.325
201603 7.510 101.054 9.383
201606 9.682 102.002 11.984
201609 8.539 101.765 10.594
201612 8.011 101.449 9.970
201703 9.897 102.634 12.175
201706 10.562 103.029 12.943
201709 10.370 103.345 12.669
201712 10.674 103.345 13.041
201803 12.844 105.004 15.444
201806 13.330 105.557 15.944
201809 11.349 105.636 13.564
201812 11.745 105.399 14.069
201903 11.465 106.979 13.531
201906 15.419 107.690 18.077
201909 13.949 107.611 16.366
201912 12.037 107.769 14.102
202003 12.264 107.927 14.347
202006 13.581 108.401 15.818
202009 15.040 108.164 17.556
202012 12.381 108.559 14.399
202103 13.327 110.298 15.255
202106 15.641 111.720 17.676
202109 16.708 112.905 18.684
202112 11.000 113.774 12.207
202203 13.401 117.646 14.382
202206 20.653 120.806 21.585
202209 20.765 120.648 21.730
202212 19.795 120.964 20.661
202303 15.845 122.702 16.304
202306 17.756 124.203 18.050
202309 17.480 125.230 17.623
202312 17.241 125.072 17.404
202403 16.151 126.258 16.151

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.


Ag Growth International  (TSX:AFN) 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.


Ag Growth International Cyclically Adjusted PS Ratio Related Terms

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


Ag Growth International (TSX:AFN) Business Description

Traded in Other Exchanges
Address
198 Commerce Drive, Winnipeg, MB, CAN, R3P 0Z6
Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. It has two reportable segment farm and commercial. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision. It has manufacturing facilities in Canada, the United States, Italy, Brazil, France, United Kingdom, and India. Its geographical segments are Canada, United States, and the International.
Executives
Gary Keith Anderson Director

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