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Matthews International (Matthews International) Cyclically Adjusted PS Ratio : 0.47 (As of Apr. 28, 2024)


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What is Matthews International Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Matthews International's current share price is $27.15. Matthews International's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $58.19. Matthews International's Cyclically Adjusted PS Ratio for today is 0.47.

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

MATW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.08   Max: 2.19
Current: 0.47

During the past years, Matthews International's highest Cyclically Adjusted PS Ratio was 2.19. The lowest was 0.41. And the median was 1.08.

MATW's Cyclically Adjusted PS Ratio is ranked better than
63.04% of 441 companies
in the Conglomerates industry
Industry Median: 0.74 vs MATW: 0.47

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.

Matthews International's adjusted revenue per share data for the three months ended in Dec. 2023 was $14.556. 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 $58.19 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matthews International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Matthews 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.

Matthews International Cyclically Adjusted PS Ratio Chart

Matthews International Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.49 0.71 0.41 0.67

Matthews International 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 0.55 0.64 0.74 0.67 0.63

Competitive Comparison of Matthews International's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, Matthews 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.


Matthews International's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



Matthews 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=27.15/58.19
=0.47

* 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.

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

For example, Matthews International'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)
=14.556/129.4194*129.4194
=14.556

Current CPI (Dec. 2023) = 129.4194.

Matthews International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.986 99.695 11.665
201406 10.185 100.560 13.108
201409 11.077 100.428 14.275
201412 10.382 99.070 13.562
201503 10.530 99.621 13.680
201506 10.988 100.684 14.124
201509 11.105 100.392 14.316
201512 10.671 99.792 13.839
201603 11.059 100.470 14.245
201606 11.666 101.688 14.847
201609 11.611 101.861 14.752
201612 10.756 101.863 13.666
201703 11.696 102.862 14.716
201706 11.962 103.349 14.979
201709 12.190 104.136 15.150
201712 11.593 104.011 14.425
201803 12.999 105.290 15.978
201806 12.952 106.317 15.766
201809 12.745 106.507 15.487
201812 11.791 105.998 14.396
201903 12.359 107.251 14.914
201906 12.043 108.070 14.422
201909 12.576 108.329 15.024
201912 11.721 108.420 13.991
202003 12.032 108.902 14.299
202006 11.508 108.767 13.693
202009 12.739 109.815 15.013
202012 12.188 109.897 14.353
202103 13.002 111.754 15.057
202106 13.307 114.631 15.024
202109 13.828 115.734 15.463
202112 13.827 117.630 15.213
202203 14.041 121.301 14.981
202206 13.366 125.017 13.837
202209 13.771 125.227 14.232
202212 14.514 125.222 15.001
202303 15.382 127.348 15.632
202306 15.104 128.729 15.185
202309 15.114 129.860 15.063
202312 14.556 129.419 14.556

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.


Matthews International  (NAS:MATW) 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.


Matthews International Cyclically Adjusted PS Ratio Related Terms

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


Matthews International (Matthews International) Business Description

Traded in Other Exchanges
Address
Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.
Executives
Aleta W. Richards director TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Joseph C Bartolacci officer: President, York Casket Divisio
Ronald C Awenowicz officer: SVP, Global Compliance & HR TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Lee Lane officer: SVP Matthews Automation Soluti TWO NORTHSHORE CENTER, PITTSBURGH PA 15212
Reena Gurtner officer: SVP, Global Talent & HR 241 RIVER VALLEY ROAD, GIANURN BUILDING, LEVEL 4, SINGAPORE U0 238298
Brian J Dunn officer: President, Marking Products Di
Steven F Nicola officer: Chief Financial Officer
David A Schawk director, officer: President, Brand Solutions 674 SKYE LANE, BARRINGTON IL 60010
Lillian Etzkorn director 1570 FOREST LANE, BLOOMFIELD HILLS MI 48301
Brady Edward M Jr officer: Chief Information Officer TWO NORTH SHORE CENTER, PITTSBURGH PA 15212
Tunon Alvaro Garcia director
Davor Brkovich officer: Chief Information Officer 252 PARKWEST DRIVE, PITTSBURGH PA 15275
Gary Raymond Kohl officer: President SGK 52 WOODLAND AVENUE, GLEN RIDGE NJ 07028
Robert M Marsh officer: Treasurer 108 NANTUCKET DRIVE, PITTSBURGH PA 15238
Brian D Walters officer: V.P. and General Counsel TWO NORTHSHORE CENTER, PITTSBURGH PA 15212