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Compass Diversified Holdings (Compass Diversified Holdings) Cyclically Adjusted PS Ratio : 0.90 (As of Apr. 27, 2024)


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What is Compass Diversified Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Compass Diversified Holdings's current share price is $22.62. Compass Diversified Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $25.21. Compass Diversified Holdings's Cyclically Adjusted PS Ratio for today is 0.90.

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

CODI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.83   Max: 1.55
Current: 0.89

During the past years, Compass Diversified Holdings's highest Cyclically Adjusted PS Ratio was 1.55. The lowest was 0.56. And the median was 0.83.

CODI's Cyclically Adjusted PS Ratio is ranked worse than
54.88% of 441 companies
in the Conglomerates industry
Industry Median: 0.74 vs CODI: 0.89

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.

Compass Diversified Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.839. 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 $25.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Compass Diversified Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Compass Diversified Holdings'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.

Compass Diversified Holdings Cyclically Adjusted PS Ratio Chart

Compass Diversified Holdings 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 1.35 1.01 1.41 0.77 0.89

Compass Diversified Holdings 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 0.77 0.79 0.89 0.76 0.89

Competitive Comparison of Compass Diversified Holdings's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Compass Diversified Holdings'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.


Compass Diversified Holdings's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Compass Diversified Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Compass Diversified Holdings 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.

Compass Diversified Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.62/25.21
=0.90

* 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.

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

For example, Compass Diversified Holdings'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)
=5.839/129.4194*129.4194
=5.839

Current CPI (Dec. 2023) = 129.4194.

Compass Diversified Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.094 99.695 6.613
201406 5.571 100.560 7.170
201409 2.925 100.428 3.769
201412 2.476 99.070 3.235
201503 3.304 99.621 4.292
201506 3.678 100.684 4.728
201509 3.404 100.392 4.388
201512 3.675 99.792 4.766
201603 3.560 100.470 4.586
201606 3.944 101.688 5.020
201609 4.646 101.861 5.903
201612 5.744 101.863 7.298
201703 4.841 102.862 6.091
201706 5.132 103.349 6.427
201709 5.408 104.136 6.721
201712 1.360 104.011 1.692
201803 5.749 105.290 7.067
201806 5.676 106.317 6.909
201809 6.015 106.507 7.309
201812 6.192 105.998 7.560
201903 5.657 107.251 6.826
201906 5.611 108.070 6.719
201909 6.483 108.329 7.745
201912 3.340 108.420 3.987
202003 5.567 108.902 6.616
202006 5.309 108.767 6.317
202009 5.974 109.815 7.040
202012 6.811 109.897 8.021
202103 6.295 111.754 7.290
202106 6.649 114.631 7.507
202109 7.509 115.734 8.397
202112 5.271 117.630 5.799
202203 7.359 121.301 7.852
202206 7.342 125.017 7.601
202209 8.007 125.227 8.275
202212 5.710 125.222 5.901
202303 7.512 127.348 7.634
202306 7.287 128.729 7.326
202309 7.924 129.860 7.897
202312 5.839 129.419 5.839

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.


Compass Diversified Holdings  (NYSE:CODI) 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.


Compass Diversified Holdings Cyclically Adjusted PS Ratio Related Terms

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


Compass Diversified Holdings (Compass Diversified Holdings) Business Description

Traded in Other Exchanges
Address
301 Riverside Avenue, Second Floor, Westport, CT, USA, 06880
Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and niche industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Niche industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. It includes Advanced Circuits, Arnold, Foam Fabricators, and Sterno. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.
Executives
Ryan J Faulkingham other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Harold S Edwards other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Teri Shaffer other: See Remark (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Nancy Mahon other: See Remark (a) C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Alexander S. Bhathal other: See Remark (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
James Bottiglieri other: See Remark (a) 2187 ATLANTIC ST, STAMFORD CT 06902
Larry L Enterline other: See Remark (a) 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Gordon M Burns other: See Remark (a) AZTAR CORPORATION, 2390 E. CAMELBACK RD., SUITE 400, PHOENIX AZ 85016
Compass Group Investments, Ltd. 10 percent owner BELVEDERE BUILDING, 69 PITTS BAY ROAD, HAMILTON HM 08 D0 00000
Patrick A Maciariello other: See Remarks (a) 301 RIVERSIDE AVENUE, SECOND FLOOR, WESTPORT CT 06880
Elias Sabo other: See Remarks (a) 2709 WATER RIDGE PARKWAY, 2ND FLOOR, CHARLOTTE NC 28217
Simon Heidi Locke other: See Remark (a) 26 KENSETT LANE, DARIEN CT 06820
Sarah Gaines Mccoy other: See Remark (a) 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203-5862
C Sean Day other: See Remark (a)
D Eugene Ewing other: See Remark (a) SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880

Compass Diversified Holdings (Compass Diversified Holdings) Headlines