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Emerson Electric Co (BSP:E1MR34) Cyclically Adjusted PS Ratio : 3.73 (As of Jun. 07, 2024)


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What is Emerson Electric Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Emerson Electric Co's current share price is R$558.60. Emerson Electric Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$149.74. Emerson Electric Co's Cyclically Adjusted PS Ratio for today is 3.73.

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

BSP:E1MR34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.39   Med: 2.22   Max: 3.86
Current: 3.54

During the past years, Emerson Electric Co's highest Cyclically Adjusted PS Ratio was 3.86. The lowest was 1.39. And the median was 2.22.

BSP:E1MR34's Cyclically Adjusted PS Ratio is ranked worse than
78.88% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs BSP:E1MR34: 3.54

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.

Emerson Electric Co's adjusted revenue per share data for the three months ended in Mar. 2024 was R$37.958. 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 R$149.74 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emerson Electric Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Emerson Electric Co'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.

Emerson Electric Co Cyclically Adjusted PS Ratio Chart

Emerson Electric Co 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 2.19 2.16 3.11 2.38 3.21

Emerson Electric Co 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 2.86 2.98 3.21 3.28 3.79

Competitive Comparison of Emerson Electric Co's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Emerson Electric Co'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.


Emerson Electric Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Emerson Electric Co's Cyclically Adjusted PS Ratio falls into.



Emerson Electric Co 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.

Emerson Electric Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=558.60/149.74
=3.73

* 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.

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

For example, Emerson Electric Co'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)
=37.958/131.7762*131.7762
=37.958

Current CPI (Mar. 2024) = 131.7762.

Emerson Electric Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.068 100.560 26.298
201409 0.010 100.428 0.013
201412 21.247 99.070 28.261
201503 24.797 99.621 32.801
201506 25.600 100.684 33.506
201509 -1.429 100.392 -1.876
201512 19.847 99.792 26.208
201603 20.529 100.470 26.926
201606 19.494 101.688 25.262
201609 19.832 101.861 25.656
201612 16.741 101.863 21.657
201703 17.335 102.862 22.208
201706 20.674 103.349 26.361
201709 21.684 104.136 27.440
201712 19.631 104.011 24.871
201803 21.901 105.290 27.410
201806 26.550 106.317 32.908
201809 31.793 106.507 39.336
201812 25.652 105.998 31.890
201903 28.397 107.251 34.891
201906 29.176 108.070 35.576
201909 33.157 108.329 40.333
201912 27.744 108.420 33.721
202003 33.284 108.902 40.275
202006 33.846 108.767 41.006
202009 40.940 109.815 49.127
202012 35.566 109.897 42.647
202103 41.422 111.754 48.843
202106 39.227 114.631 45.094
202109 -3.139 115.734 -3.574
202112 29.839 117.630 33.428
202203 27.456 121.301 29.827
202206 29.336 125.017 30.922
202209 34.328 125.227 36.123
202212 30.156 125.222 31.734
202303 34.107 127.348 35.293
202306 33.367 128.729 34.157
202309 35.135 129.860 35.654
202312 35.187 129.419 35.828
202403 37.958 131.776 37.958

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.


Emerson Electric Co  (BSP:E1MR34) 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.


Emerson Electric Co Cyclically Adjusted PS Ratio Related Terms

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


Emerson Electric Co (BSP:E1MR34) Business Description

Traded in Other Exchanges
Address
8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, USA, 63136
Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.

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