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Smith & Wesson Brands (Smith & Wesson Brands) Cyclically Adjusted PS Ratio : 1.14 (As of Apr. 27, 2024)


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What is Smith & Wesson Brands Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Smith & Wesson Brands's current share price is $17.17. Smith & Wesson Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $15.12. Smith & Wesson Brands's Cyclically Adjusted PS Ratio for today is 1.14.

The historical rank and industry rank for Smith & Wesson Brands's Cyclically Adjusted PS Ratio or its related term are showing as below:

SWBI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 1.21   Max: 2.8
Current: 1.12

During the past years, Smith & Wesson Brands's highest Cyclically Adjusted PS Ratio was 2.80. The lowest was 0.43. And the median was 1.21.

SWBI's Cyclically Adjusted PS Ratio is ranked better than
58.77% of 211 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs SWBI: 1.12

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.

Smith & Wesson Brands's adjusted revenue per share data for the three months ended in Jan. 2024 was $2.987. 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 $15.12 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smith & Wesson Brands Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Smith & Wesson Brands'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.

Smith & Wesson Brands Cyclically Adjusted PS Ratio Chart

Smith & Wesson Brands Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.68 1.40 0.95 0.79

Smith & Wesson Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.74 0.79 0.84 0.97 0.86

Competitive Comparison of Smith & Wesson Brands's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.


Smith & Wesson Brands's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Smith & Wesson Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Smith & Wesson Brands's Cyclically Adjusted PS Ratio falls into.



Smith & Wesson Brands 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.

Smith & Wesson Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.17/15.12
=1.14

* 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.

Smith & Wesson Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Smith & Wesson Brands's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.987/129.4194*129.4194
=2.987

Current CPI (Jan. 2024) = 129.4194.

Smith & Wesson Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 3.086 100.023 3.993
201407 2.349 100.520 3.024
201410 1.984 100.176 2.563
201501 2.380 98.604 3.124
201504 3.283 99.824 4.256
201507 2.664 100.691 3.424
201510 2.573 100.346 3.318
201601 3.765 99.957 4.875
201604 3.913 100.947 5.017
201607 3.638 101.524 4.638
201610 4.087 101.988 5.186
201701 4.088 102.456 5.164
201704 4.088 103.167 5.128
201707 2.393 103.278 2.999
201710 2.716 104.070 3.378
201801 2.879 104.578 3.563
201804 3.137 105.708 3.841
201807 2.527 106.324 3.076
201810 2.934 106.695 3.559
201901 2.970 106.200 3.619
201904 0.339 107.818 0.407
201907 2.257 108.250 2.698
201910 2.052 108.577 2.446
202001 2.286 108.841 2.718
202004 3.463 108.173 4.143
202007 4.085 109.318 4.836
202010 4.400 109.861 5.183
202101 4.625 110.364 5.424
202104 6.136 112.673 7.048
202107 5.599 115.183 6.291
202110 4.733 116.696 5.249
202201 3.768 118.619 4.111
202204 3.942 121.978 4.182
202207 1.831 125.002 1.896
202210 2.625 125.734 2.702
202301 2.795 126.223 2.866
202304 3.128 127.992 3.163
202307 2.454 128.974 2.462
202310 2.695 129.810 2.687
202401 2.987 129.419 2.987

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.


Smith & Wesson Brands  (NAS:SWBI) 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.


Smith & Wesson Brands Cyclically Adjusted PS Ratio Related Terms

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


Smith & Wesson Brands (Smith & Wesson Brands) Business Description

Traded in Other Exchanges
Address
2100 Roosevelt Avenue, Springfield, MA, USA, 01104
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.
Executives
Robert L Scott director 14500 N. NORTHSIGHT, SUITE 116, SCOTTSDALE AZ 85260
Michelle Lohmeier director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., WICHITA KS 67210
John B Furman director 1420 COLUMBUS AVENUE, PORTSMOUTH VA 23704
Deana L Mcpherson officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Fred M Diaz director 9614 AMALFI CT, BRENTWOOD TN 37027
Mark Peter Smith officer: See remarks. 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Kevin Alden Maxwell officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Barry M Monheit director
Robert J. Cicero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Denis Suggs director 7701 FORSYTH BOULEVARD, SUITE 800, ST. LOUIS MO 63105
Michael F Golden officer: President and CEO 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Anita D Britt director 3000 NW 107TH AVENUE, MIAMI FL 33172
Susan Jean Cupero officer: See Remarks 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Lane A. Tobiassen officer: President, Firearm Division 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Mitchell A Saltz director 14500 NORTH NORTHSIGHT BLVD SUITE 116, SCOTTSDALE AZ 85260