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Graco (GGG) Cyclically Adjusted PS Ratio : 7.35 (As of Apr. 28, 2024)


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What is Graco Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Graco's current share price is $82.56. Graco's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $11.23. Graco's Cyclically Adjusted PS Ratio for today is 7.35.

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

GGG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.09   Med: 6.49   Max: 9.49
Current: 7.35

During the past years, Graco's highest Cyclically Adjusted PS Ratio was 9.49. The lowest was 4.09. And the median was 6.49.

GGG's Cyclically Adjusted PS Ratio is ranked worse than
93.22% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs GGG: 7.35

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.

Graco's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.854. 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 $11.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Graco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Graco'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.

Graco Cyclically Adjusted PS Ratio Chart

Graco 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 6.98 9.01 8.81 6.54 7.78

Graco 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 6.90 7.98 6.60 7.78 8.32

Competitive Comparison of Graco's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Graco'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.


Graco's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Graco's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Graco 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=82.56/11.23
=7.35

* 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.

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

For example, Graco'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)
=2.854/129.4194*129.4194
=2.854

Current CPI (Mar. 2024) = 129.4194.

Graco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.733 100.560 2.230
201409 1.639 100.428 2.112
201412 1.673 99.070 2.186
201503 1.689 99.621 2.194
201506 1.876 100.684 2.411
201509 1.813 100.392 2.337
201512 1.895 99.792 2.458
201603 1.792 100.470 2.308
201606 2.034 101.688 2.589
201609 1.914 101.861 2.432
201612 2.037 101.863 2.588
201703 1.967 102.862 2.475
201706 2.184 103.349 2.735
201709 2.175 104.136 2.703
201712 2.133 104.011 2.654
201803 2.313 105.290 2.843
201806 2.450 106.317 2.982
201809 2.404 106.507 2.921
201812 2.378 105.998 2.903
201903 2.370 107.251 2.860
201906 2.490 108.070 2.982
201909 2.332 108.329 2.786
201912 2.400 108.420 2.865
202003 2.164 108.902 2.572
202006 2.151 108.767 2.559
202009 2.559 109.815 3.016
202012 2.716 109.897 3.198
202103 2.612 111.754 3.025
202106 2.905 114.631 3.280
202109 2.785 115.734 3.114
202112 3.085 117.630 3.394
202203 2.830 121.301 3.019
202206 3.176 125.017 3.288
202209 3.158 125.227 3.264
202212 3.238 125.222 3.347
202303 3.085 127.348 3.135
202306 3.243 128.729 3.260
202309 3.123 129.860 3.112
202312 3.299 129.419 3.299
202403 2.854 129.419 2.854

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.


Graco  (NYSE:GGG) 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.


Graco Cyclically Adjusted PS Ratio Related Terms

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


Graco (GGG) Business Description

Industry
Traded in Other Exchanges
Address
88-11th Avenue Northeast, Minneapolis, MN, USA, 55413
Graco manufactures equipment used for managing fluids, coatings, and adhesives, specializing in difficult-to-handle materials. Graco's business is organized into three segments: industrial, process, and contractor. The Minnesota-based firm serves a wide range of end markets, including industrial, automotive, and construction, and its broad array of products include pumps, valves, meters, sprayers, and equipment used to apply coatings, sealants, and adhesives. The firm generated roughly $2.1 billion in sales and $573 million in operating income in 2022.
Executives
Mark W Sheahan officer: VICE PRESIDENT AND TREASURER P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Angela F Wordell officer: Executive VP, Operations 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Kathryn L Schoenrock officer: Executive Vice President 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Caroline M Chambers officer: Vice President and Controller PO BOX 1441, MINNEAPOLIS MN 55440-1441
Eric Etchart director ROOM F, 22F CROSS REGION PLAZA, 899 LINGLING ROAD, SHANGHAI F4 200030
Van Sant R William director PO BOX 1441, MINNEAPOLIS MN 55440-1441
Timothy R White officer: President, EMEA 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Ronita Banerjee officer: EVP, Chief HR Officer 88 11TH AVENUE NE, MINNEAPOLIS MN 55105
Jeffrey P. Johnson officer: Vice President 88 - 11TH AVENUE N.E., MINNEAPOLIS MN 55413
Heather L Anfang director 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Dale D Johnson officer: VICE PRESIDENT P.O. BOX 1441, MINNEAPOLIS MN 5440-1441
Christopher D. Knutson officer: EVP, Corporate Controller 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
Claudio Merengo officer: President, Worldwide Gema 88 11TH AVENUE NE, MINNEAPOLIS MN 55413
J Kevin Gilligan director P O BOX 1441, MINNEAPOLIS MN 55440-1441
Archie C. Black director 333 SOUTH SEVENTH STREET, SUITE 1000, MINNEAPOLIS MN 55402

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