GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Powell Industries Inc (NAS:POWL) » Definitions » Cyclically Adjusted PS Ratio

Powell Industries (Powell Industries) Cyclically Adjusted PS Ratio : 2.70 (As of Apr. 27, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Powell Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Powell Industries's current share price is $148.82. Powell Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $55.07. Powell Industries's Cyclically Adjusted PS Ratio for today is 2.70.

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

POWL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.64   Max: 3.27
Current: 2.66

During the past years, Powell Industries's highest Cyclically Adjusted PS Ratio was 3.27. The lowest was 0.36. And the median was 0.64.

POWL's Cyclically Adjusted PS Ratio is ranked worse than
71.56% of 2152 companies
in the Industrial Products industry
Industry Median: 1.405 vs POWL: 2.66

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.

Powell Industries's adjusted revenue per share data for the three months ended in Dec. 2023 was $15.937. 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 $55.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Powell Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Powell 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.

Powell Industries Cyclically Adjusted PS Ratio Chart

Powell Industries 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 0.74 0.46 0.46 0.39 1.49

Powell Industries 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 0.65 0.77 1.10 1.49 1.61

Competitive Comparison of Powell Industries's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Powell 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.


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

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

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



Powell 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=148.82/55.07
=2.70

* 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.

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

For example, Powell Industries'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)
=15.937/129.4194*129.4194
=15.937

Current CPI (Dec. 2023) = 129.4194.

Powell Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.453 99.695 17.464
201406 12.489 100.560 16.073
201409 13.522 100.428 17.426
201412 12.673 99.070 16.555
201503 14.162 99.621 18.398
201506 14.920 100.684 19.178
201509 13.923 100.392 17.949
201512 13.162 99.792 17.070
201603 13.331 100.470 17.172
201606 11.610 101.688 14.776
201609 11.347 101.861 14.417
201612 9.647 101.863 12.257
201703 9.146 102.862 11.507
201706 7.496 103.349 9.387
201709 8.283 104.136 10.294
201712 7.844 104.011 9.760
201803 8.820 105.290 10.841
201806 10.540 106.317 12.830
201809 11.711 106.507 14.230
201812 9.467 105.998 11.559
201903 10.638 107.251 12.837
201906 11.686 108.070 13.995
201909 12.618 108.329 15.075
201912 11.500 108.420 13.727
202003 12.976 108.902 15.421
202006 10.092 108.767 12.008
202009 9.793 109.815 11.541
202012 9.129 109.897 10.751
202103 10.141 111.754 11.744
202106 9.882 114.631 11.157
202109 10.738 115.734 12.008
202112 9.058 117.630 9.966
202203 10.834 121.301 11.559
202206 11.384 125.017 11.785
202209 13.399 125.227 13.848
202212 10.504 125.222 10.856
202303 14.112 127.348 14.342
202306 15.846 128.729 15.931
202309 17.155 129.860 17.097
202312 15.937 129.419 15.937

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.


Powell Industries  (NAS:POWL) 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.


Powell Industries Cyclically Adjusted PS Ratio Related Terms

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


Powell Industries (Powell Industries) Business Description

Traded in Other Exchanges
Address
8550 Mosley Road, Houston, TX, USA, 77075-1180
Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States.
Executives
Thomas W Powell director, officer: President, CEO
Milburn E Honeycutt officer: Vice President, Corp Controlle 7 AMBERSTONE DRIVE, SUGARLAND TX 77459
John David White director 8550 MOSLEY ROAD, HOUSTON TX 77075
Alaina K Brooks director 2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
John Stacey director C/O HARMAN INTERNATIONAL, 1101 PENNSYLVANIA AVE, NW #1010, WASHINGTON DC 20004
Katheryn Baucom Curtis director 8550 MOSLEY ROAD, HOUSTON TX 77075
Bonnie V Hancock director P O BOX 12818, HOUSTON TX 77075
Michael William Metcalf officer: Exec Vice President 8550 MOSLEY ROAD, HOUSTON TX 77075
James W Mcgill director 8550 MOSLEY ROAD, HOUSTON TX 77075
Perry L Elders director 8550 MOSLEY ROAD, HOUSTON TX 77075
Christopher E Cragg director
Richard E Williams director 8550 MOSLEY ROAD, HOUSTON X1 77075
William N. Clelland director, other: ADVISORY DIRECTOR 8550 MOSLEY ROAD, HOUSTON TX 77075
Brett Alan Cope officer: Sr VP, COO 8550 MOSLEY ROAD, HOUSTON TX 77075
Joseph L Becherer director PO BOX 12818, HOUSTON TX 77217