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Mueller Industries (Mueller Industries) Cyclically Adjusted PS Ratio : 2.04 (As of Apr. 27, 2024)


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What is Mueller Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Mueller Industries's current share price is $57.33. Mueller Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $28.13. Mueller Industries's Cyclically Adjusted PS Ratio for today is 2.04.

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

MLI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.91   Max: 2.04
Current: 2.04

During the past years, Mueller Industries's highest Cyclically Adjusted PS Ratio was 2.04. The lowest was 0.49. And the median was 0.91.

MLI's Cyclically Adjusted PS Ratio is ranked worse than
62.41% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs MLI: 2.04

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.

Mueller Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was $7.444. 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 $28.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mueller Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mueller Industries'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.

Mueller Industries Cyclically Adjusted PS Ratio Chart

Mueller Industries 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 0.80 0.85 1.26 1.11 1.68

Mueller Industries 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 1.35 1.57 1.34 1.68 1.92

Competitive Comparison of Mueller Industries's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Mueller Industries'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.


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

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

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



Mueller Industries 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.

Mueller Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=57.33/28.13
=2.04

* 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.

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

For example, Mueller Industries'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)
=7.444/129.4194*129.4194
=7.444

Current CPI (Mar. 2024) = 129.4194.

Mueller Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.727 100.560 7.371
201409 5.312 100.428 6.845
201412 4.727 99.070 6.175
201503 4.719 99.621 6.131
201506 4.874 100.684 6.265
201509 4.697 100.392 6.055
201512 4.141 99.792 5.370
201603 4.677 100.470 6.025
201606 4.779 101.688 6.082
201609 4.427 101.861 5.625
201612 4.120 101.863 5.235
201703 5.031 102.862 6.330
201706 5.349 103.349 6.698
201709 4.791 104.136 5.954
201712 4.542 104.011 5.652
201803 5.574 105.290 6.851
201806 5.782 106.317 7.038
201809 5.625 106.507 6.835
201812 4.910 105.998 5.995
201903 5.438 107.251 6.562
201906 5.917 108.070 7.086
201909 5.404 108.329 6.456
201912 4.814 108.420 5.746
202003 5.340 108.902 6.346
202006 4.450 108.767 5.295
202009 5.492 109.815 6.472
202012 5.976 109.897 7.038
202103 7.218 111.754 8.359
202106 8.912 114.631 10.062
202109 8.645 115.734 9.667
202112 8.403 117.630 9.245
202203 8.874 121.301 9.468
202206 10.172 125.017 10.530
202209 8.373 125.227 8.653
202212 7.786 125.222 8.047
202303 8.610 127.348 8.750
202306 7.868 128.729 7.910
202309 7.199 129.860 7.175
202312 6.425 129.419 6.425
202403 7.444 129.419 7.444

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.


Mueller Industries  (NYSE:MLI) 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.


Mueller Industries Cyclically Adjusted PS Ratio Related Terms

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


Mueller Industries (Mueller Industries) Business Description

Traded in Other Exchanges
Address
150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning most of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms worldwide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Numerous systems use the aforementioned products, including HVAC, water distribution, refrigeration, and automotive. Most sales derive from the United States, but the company operates worldwide.
Executives
Steffen Sigloch officer: VP, Mfg and Engineering 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
John B Hansen officer: President, Mfg Operations 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125
Gregory L. Christopher officer: President - Standard Products 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Scott Jay Goldman director 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Herzog Charles P Jr director 9581 FOX HILL CIRCLE SOUTH, GERMANTOWN TN 38139
William C. Drummond director 1395 BRICKELL AVENUE, MIAMI FL 33131
Gary S Gladstein director SOROS FUND MANAGEMENT LLC, 888 SEVENTH AVE 3300, NEW YORK NY 10106
Anthony Steinriede officer: VP - Corporate Controller 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Gary Westermeyer officer: President, Refrigeration 8285 TOURNAMENT DRIVE, SUITE 150, MEMPHIS TN 38125
Gennaro J Fulvio director
Kristee Michelle Ford officer: Chief Information Officer 581 ROCKY JOE DRIVE, COLLIERVILLE TN 38017
Paul J Flaherty director C/O MUELLER INDUSTRIES INC., 8285 TOURNAMENT DRIVE SUITE 150, MEMPHIS TN 38125
Devin Malone officer: President, Streamline 2321 WICKERSHAM CV, GERMANTOWN TN 38139
Christopher Andrew Mitchell officer: President, Canadian Operations 198 PIONEER TOWER ROAD, KITCHENER A6 N2P 2H8
Elizabeth M Donovan director 400 E OHIO STREET, CHICAGO IL 60611