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PGT Innovations (PGT Innovations) Cyclically Adjusted PS Ratio : 2.57 (As of Apr. 28, 2024)


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What is PGT Innovations Cyclically Adjusted PS Ratio?

As of today (2024-04-28), PGT Innovations's current share price is $41.99. PGT Innovations's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $16.36. PGT Innovations's Cyclically Adjusted PS Ratio for today is 2.57.

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

PGTI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.78   Med: 1.83   Max: 3.89
Current: 2.57

During the past years, PGT Innovations's highest Cyclically Adjusted PS Ratio was 3.89. The lowest was 0.78. And the median was 1.83.

PGTI's Cyclically Adjusted PS Ratio is not ranked
in the Construction industry.
Industry Median: 0.63 vs PGTI: 2.57

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.

PGT Innovations's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.955. 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 $16.36 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PGT Innovations Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PGT Innovations'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.

PGT Innovations Cyclically Adjusted PS Ratio Chart

PGT Innovations 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 1.93 2.29 2.02 1.29 2.49

PGT Innovations 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 1.29 1.71 1.90 1.74 2.49

Competitive Comparison of PGT Innovations's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, PGT Innovations'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.


PGT Innovations's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, PGT Innovations's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PGT Innovations 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.

PGT Innovations's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.99/16.36
=2.57

* 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.

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

For example, PGT Innovations'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)
=5.955/129.4194*129.4194
=5.955

Current CPI (Dec. 2023) = 129.4194.

PGT Innovations Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.261 99.695 1.637
201406 1.642 100.560 2.113
201409 1.553 100.428 2.001
201412 1.697 99.070 2.217
201503 1.905 99.621 2.475
201506 2.005 100.684 2.577
201509 1.991 100.392 2.567
201512 1.838 99.792 2.384
201603 1.985 100.470 2.557
201606 2.358 101.688 3.001
201609 2.562 101.861 3.255
201612 2.158 101.863 2.742
201703 2.183 102.862 2.747
201706 2.659 103.349 3.330
201709 2.449 104.136 3.044
201712 2.584 104.011 3.215
201803 2.697 105.290 3.315
201806 3.252 106.317 3.959
201809 3.751 106.507 4.558
201812 3.203 105.998 3.911
201903 2.934 107.251 3.540
201906 3.349 108.070 4.011
201909 3.345 108.329 3.996
201912 2.962 108.420 3.536
202003 3.725 108.902 4.427
202006 3.429 108.767 4.080
202009 4.004 109.815 4.719
202012 3.720 109.897 4.381
202103 4.526 111.754 5.241
202106 4.754 114.631 5.367
202109 5.042 115.734 5.638
202112 5.063 117.630 5.570
202203 5.956 121.301 6.355
202206 6.746 125.017 6.984
202209 6.388 125.227 6.602
202212 5.619 125.222 5.807
202303 6.265 127.348 6.367
202306 6.539 128.729 6.574
202309 6.861 129.860 6.838
202312 5.955 129.419 5.955

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.


PGT Innovations  (NYSE:PGTI) 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.


PGT Innovations Cyclically Adjusted PS Ratio Related Terms

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


PGT Innovations (PGT Innovations) Business Description

Traded in Other Exchanges
Address
1070 Technology Drive, North Venice, FL, USA, 34275
PGT Innovations Inc is a leading manufacturer of impact-resistant aluminum and vinyl-framed windows and doors and offers a broad range of fully customizable window and door products. The company distributes products through multiple channels, including window distributors, building supply distributors, window replacement dealers, and enclosure contractors. The products are sold through authorized dealers and distributor networks in the states of the Caribbean, Florida, Canada, and in South and Central America but the majority of its revenue is generated from Florida.
Executives
Rodney Hershberger director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Christopher J Stephens director 123 MAIN STREET, BRISTOL CT 06010
Deborah L Lapinska officer: See Remarks PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Craig Henderson officer: INTERIM CFO 1070 TECHNOLOGY DR., NORTH VENICE FL 34275
Richard D Feintuch director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Robert Andrew Keller officer: Sr. V.P. of Cust. Str & Innov. 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Frances Powell Hawes director AMERICAN ELECTRIC TECHNOLOGIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087
William J Morgan director 123 MAIN STREET, BRISTOL CT 06011-0489
Sheree L Bargabos director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Xavier Boza director ONE CAMPBELL PLACE, CAMDEN NJ 08103
Floyd F Sherman director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Alexander R Castaldi director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Brett N Milgrim director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Ryan S. Quinn officer: Sr. V.P. and General Counsel 11115 RUSHMORE DR., CHARLOTTE NC 28277
Jeffrey T Jackson director, officer: PRESIDENT AND CEO PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275