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Installed Building Products (Installed Building Products) Cyclically Adjusted PS Ratio : 4.15 (As of Apr. 27, 2024)


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What is Installed Building Products Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Installed Building Products's current share price is $239.66. Installed Building Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $57.77. Installed Building Products's Cyclically Adjusted PS Ratio for today is 4.15.

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

IBP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.69   Med: 2.3   Max: 4.48
Current: 4.07

During the past years, Installed Building Products's highest Cyclically Adjusted PS Ratio was 4.48. The lowest was 1.69. And the median was 2.30.

IBP's Cyclically Adjusted PS Ratio is ranked worse than
96.05% of 76 companies
in the Homebuilding & Construction industry
Industry Median: 0.885 vs IBP: 4.07

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.

Installed Building Products's adjusted revenue per share data for the three months ended in Dec. 2023 was $25.419. 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 $57.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Installed Building Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Installed Building Products'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.

Installed Building Products Cyclically Adjusted PS Ratio Chart

Installed Building Products 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 - - 3.56 1.77 3.16

Installed Building Products 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 1.77 2.24 2.62 2.23 3.16

Competitive Comparison of Installed Building Products's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Installed Building Products'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.


Installed Building Products's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Installed Building Products's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Installed Building Products 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.

Installed Building Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=239.66/57.77
=4.15

* 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.

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

For example, Installed Building Products'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)
=25.419/129.4194*129.4194
=25.419

Current CPI (Dec. 2023) = 129.4194.

Installed Building Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.100 99.695 5.322
201406 4.105 100.560 5.283
201409 4.411 100.428 5.684
201412 4.567 99.070 5.966
201503 4.126 99.621 5.360
201506 5.110 100.684 6.568
201509 5.803 100.392 7.481
201512 6.116 99.792 7.932
201603 6.118 100.470 7.881
201606 6.760 101.688 8.604
201609 7.183 101.861 9.126
201612 7.452 101.863 9.468
201703 8.069 102.862 10.152
201706 8.899 103.349 11.144
201709 9.292 104.136 11.548
201712 9.404 104.011 11.701
201803 9.496 105.290 11.672
201806 10.574 106.317 12.872
201809 11.145 106.507 13.543
201812 11.623 105.998 14.191
201903 11.478 107.251 13.851
201906 12.462 108.070 14.924
201909 13.269 108.329 15.852
201912 13.386 108.420 15.979
202003 13.275 108.902 15.776
202006 13.316 108.767 15.844
202009 14.159 109.815 16.687
202012 14.886 109.897 17.530
202103 14.759 111.754 17.092
202106 16.484 114.631 18.611
202109 17.210 115.734 19.245
202112 17.991 117.630 19.794
202203 19.860 121.301 21.189
202206 23.422 125.017 24.247
202209 25.147 125.227 25.989
202212 24.157 125.222 24.967
202303 23.315 127.348 23.694
202306 24.479 128.729 24.610
202309 24.947 129.860 24.862
202312 25.419 129.419 25.419

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.


Installed Building Products  (NYSE:IBP) 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.


Installed Building Products Cyclically Adjusted PS Ratio Related Terms

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


Installed Building Products (Installed Building Products) Business Description

Traded in Other Exchanges
Address
495 South High Street, Suite 50, Columbus, OH, USA, 43215
Installed Building Products Inc is an insulation installer serving the residential new construction market and are also a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, mirrors and other products throughout the United States. The company installs fiberglass insulation, spray foam insulation, and cellulose insulation. The company has three operating segments consisting of Installation, Manufacturing and Distribution operations. Majority of revenue is generated from Installation segment.
Executives
Michael Thomas Miller director, officer: See Remarks C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
William Jeffrey Hire officer: President of External Affairs C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Todd R Fry officer: Chief Accounting Officer CHAMPION INDUSTRIES, P O BOX 2968, HUNTINGTON WV 25728-2968
Jeffrey W. Edwards director, 10 percent owner, officer: President, CEO & Chairman C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Marchelle E Moore director C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Janet E. Jackson director C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Margot Lebenberg Carter director C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Jay P. Elliott officer: Chief Operating Offier C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Michael H Thomas director 100 E CAMPUS VIEW BLVD STE 170, C/O TEAM AMERICA, COLUMBUS OH 43235
Lawrence A. Hilsheimer director 425 WINTER ROAD, DELAWARE OH 43015
Jason R Niswonger officer: SVP, Finance & IR C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
Vikas Verma director C/O INSTALLED BUILDING PRODUCTS, INC., 495 S. HIGH STREET, SUITE 50, COLUMBUS OH 43215
David R Meuse director 191 WEST NATIONWIDE BLVD, COLUMBUS OH 43215
J Michael Nixon director, 10 percent owner C/O INSTALLED BUILDING PRODUCTS, INC., 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215
Installed Building Systems, Inc. director, 10 percent owner, other: Director by Deputization 495 SOUTH HIGH STREET, SUITE 50, COLUMBUS OH 43215