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Cytec Industries (Cytec Industries) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Cytec Industries Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cytec Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cytec 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.

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Cytec Industries Cyclically Adjusted PS Ratio Chart

Cytec Industries Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PS Ratio
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Cytec Industries Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Cytec Industries's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Cytec 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.


Cytec Industries's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cytec Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cytec 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.

Cytec Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Cytec Industries's adjusted Revenue per Share data for the three months ended in Sep. 2015 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=6.774/100.3915*100.3915
=6.774

Current CPI (Sep. 2015) = 100.3915.

Cytec Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200512 9.037 83.032 10.926
200603 8.495 84.298 10.117
200606 8.813 85.606 10.335
200609 8.944 85.606 10.489
200612 8.145 85.142 9.604
200703 8.770 86.640 10.162
200706 8.750 87.906 9.993
200709 8.851 87.964 10.101
200712 9.181 88.616 10.401
200803 9.974 90.090 11.115
200806 10.300 92.320 11.200
200809 9.940 92.307 10.811
200812 7.361 88.697 8.331
200903 6.445 89.744 7.210
200906 7.116 91.003 7.850
200909 7.584 91.120 8.356
200912 4.008 91.111 4.416
201003 6.529 91.821 7.138
201006 7.062 91.962 7.709
201009 7.001 92.162 7.626
201012 -8.213 92.474 -8.916
201103 7.620 94.283 8.114
201106 3.479 95.235 3.667
201109 3.721 95.727 3.902
201112 3.930 95.213 4.144
201203 4.054 96.783 4.205
201206 4.301 96.819 4.460
201209 4.829 97.633 4.965
201212 5.073 96.871 5.257
201303 5.206 98.209 5.322
201306 6.179 98.518 6.297
201309 6.402 98.790 6.506
201312 6.191 98.326 6.321
201403 6.672 99.695 6.719
201406 7.168 100.560 7.156
201409 6.880 100.428 6.878
201412 6.640 99.070 6.729
201503 7.070 99.621 7.125
201506 6.948 100.684 6.928
201509 6.774 100.392 6.774

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.


Cytec Industries  (NYSE:CYT) 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.


Cytec Industries Cyclically Adjusted PS Ratio Related Terms

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


Cytec Industries (Cytec Industries) Business Description

Traded in Other Exchanges
N/A
Address
Cytec Industries Inc was incorporated as an independent public company in Delaware in December 1993. It is a specialty materials and chemicals company. Its products serve a diverse range of end markets including aerospace and industrial materials, mining and plastics. Its segments include Aerospace Materials, Industrial Materials, In Process Separation, and Additive Technologies. Its Aerospace Materials segment is a provider of technologically advanced materials for aerospace markets. Its product lines are Advanced composites, Structural and film adhesives, and Carbon fibers. It markets Aerospace Materials products and services directly to its customers using sales and technical support team. It is a supplier for military fixed wing programs, such as the F-35 Joint Strike Fighter and F-18 fighter jet programs, where advanced composites generally account for a higher percentage of structural weight. Advanced composites are exceptionally strong and lightweight materials (prepregs and resin infusion systems) it manufactures from high performance fibers (like carbon fiber) with epoxy, bismaleimide, phenolic, polyimide and other resins formulated or purchased by the Company. Structural and film adhesives are used for bonding and surfacing both metal and composite aircraft components. It also manufactures specialty adhesive forms for complex composites assemblies, such as honeycomb and sandwich structures and special surfacing films to provide aircraft lightning strike protection. It began construction on a new standard modulus carbon fiber line in South Carolina in early 2008. Its Industrial Materials segment provides Structural materials and Process materials. In Industrial Materials, it markets its products through a direct sales force for the structural materials and process materials product lines. Structural materials product line includes the development, manufacturing and supply of advanced composite materials for a diverse range of industries such as motorsports, automotive, defense, rail, tooling, recreation, alternative energy and other markets. Process materials product line includes the development, manufacture, and supply of vacuum bagging and other process materials to the composites industry and other markets, providing a wide range of materials and technical support to a growing number of international customers. Its In Process Separation segment provides Mining chemicals, and Phosphines. It markets In Process Separation chemicals through specialized sales and technical service staffs for each of its product lines. Mining chemicals product line is primarily used in applications to separate desired minerals from host ores. Phosphine specialties are utilized for a variety of applications. Its Additive Technologies segment provides Polymer additives, Specialty additives, and Formulated resins. It markets Additive Technologies chemicals through specialized sales and technical service staffs for each of its product lines. I
Executives
Carol P Lowe director 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
Barry C Johnson director C/O CYTEC INDUSTRIES INC, 5 GARRET MOUNTAIN PLAZA, WEST PATERSON NJ 07424
David P Hess director 390 PARK AVENUE, NEW YORK NY 10022
Anthony G Fernandes director 9700 HIGGINS ROAD, SUITE 750, ROSEMONT IL 60018
Thomas W Rabaut director C/O CYTEC INDUSTRIES INC, 5 GARRET MOUNTAIN PLAZA, WEST PATERSON NJ 07424
William P Powell director C/O CYTEC INDUSTRIES INC, 5 GARRET MOUNTAIN PLAZA, WEST PATERSON NJ 07424
David Lilley director
Assche Benoit Van officer: President, CSS 10-1 BLANCHARDSTOWN CORPORATE PARK, BALLYCOOLIN, DUBLIN L2 15