GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Ducommun Inc (NYSE:DCO) » Definitions » Cyclically Adjusted PS Ratio

Ducommun (Ducommun) Cyclically Adjusted PS Ratio : 0.88 (As of May. 26, 2024)


View and export this data going back to 1972. Start your Free Trial

What is Ducommun Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Ducommun's current share price is $58.47. Ducommun's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $66.63. Ducommun's Cyclically Adjusted PS Ratio for today is 0.88.

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

DCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.61   Max: 0.99
Current: 0.88

During the past years, Ducommun's highest Cyclically Adjusted PS Ratio was 0.99. The lowest was 0.24. And the median was 0.61.

DCO's Cyclically Adjusted PS Ratio is ranked better than
70.09% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.55 vs DCO: 0.88

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.

Ducommun's adjusted revenue per share data for the three months ended in Mar. 2024 was $12.777. 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 $66.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ducommun Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ducommun'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.

Ducommun Cyclically Adjusted PS Ratio Chart

Ducommun 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 0.82 0.85 0.70 0.74 0.79

Ducommun 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 0.81 0.64 0.64 0.79 0.77

Competitive Comparison of Ducommun's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Ducommun'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.


Ducommun's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

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

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



Ducommun 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.

Ducommun's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.47/66.63
=0.88

* 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.

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

For example, Ducommun'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)
=12.777/131.7762*131.7762
=12.777

Current CPI (Mar. 2024) = 131.7762.

Ducommun Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.887 100.560 22.129
201409 16.876 100.428 22.144
201412 17.215 99.070 22.898
201503 15.772 99.621 20.863
201506 15.506 100.684 20.294
201509 14.587 100.392 19.147
201512 14.128 99.792 18.656
201603 12.647 100.470 16.588
201606 11.846 101.688 15.351
201609 11.722 101.861 15.165
201612 12.485 101.863 16.151
201703 11.857 102.862 15.190
201706 12.265 103.349 15.639
201709 12.075 104.136 15.280
201712 12.302 104.011 15.586
201803 12.956 105.290 16.215
201806 13.320 106.317 16.510
201809 13.682 106.507 16.928
201812 14.010 105.998 17.417
201903 14.680 107.251 18.037
201906 15.351 108.070 18.718
201909 15.355 108.329 18.678
201912 15.820 108.420 19.228
202003 14.633 108.902 17.707
202006 12.454 108.767 15.089
202009 12.574 109.815 15.089
202012 13.073 109.897 15.676
202103 12.829 111.754 15.127
202106 13.079 114.631 15.035
202109 13.333 115.734 15.181
202112 13.446 117.630 15.063
202203 13.261 121.301 14.406
202206 14.125 125.017 14.889
202209 15.109 125.227 15.899
202212 15.151 125.222 15.944
202303 14.451 127.348 14.954
202306 13.775 128.729 14.101
202309 13.248 129.860 13.444
202312 12.897 129.419 13.132
202403 12.777 131.776 12.777

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.


Ducommun  (NYSE:DCO) 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.


Ducommun Cyclically Adjusted PS Ratio Related Terms

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


Ducommun (Ducommun) Business Description

Traded in Other Exchanges
Address
200 Sandpointe Avenue, Suite 700, Santa Ana, CA, USA, 92707-5759
Ducommun Inc provides engineering & manufacturing services for high-performance products & high-cost-of failure applications used primarily in the aerospace and defense, industrial, medical & other industries. The company's reportable segments are Structural Systems & Electronic Systems. Structural Systems designs, engineers, and manufactures large, complex contoured aerostructure components & assemblies and supplies composite and metal bonded structures and assemblies. Electronic Systems designs, engineers, and manufactures high-reliability electronic & electromechanical products used in worldwide technology-driven markets including aerospace and defense, industrial, medical, & other end-use markets. It generates most of its revenue from the Electronic Systems.
Executives
Jerry L Redondo officer: VP, Operational Excellence DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745-6209
Suman B. Mookerji officer: Sr. V.P., C.F.O. 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Stephen G Oswald director, officer: President & CEO 23301 WILMINGTON AVENUE, CARSON CA 90745
Christopher D. Wampler officer: VP, Controller and CAO 23301 WILMINGTON AVENUE, CARSON CA 90745
Laureen S. Gonzalez officer: VP & Chief HR Officer 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Robert C Ducommun director 1155 PARK AVE, APT 1-SW, NEW YORK NY 10128-1209
Samara A Strycker director 2701 NAVISTAR DRIVE, LISLE IL 60532
Rose F Rogers officer: VP, Human Resources 23301 WILMINGTON AVE., CARSON CA 90745-6209
Sheila G. Kramer director P.O. BOX 1299, MINNEAPOLIS MN 55440-1299
Robert D Paulson director AEROSTAR CAPITAL LLC, 590 SANDHILL CRANE RD., #1270, WILSON WY 83014-1270
Dean M Flatt director 31 SUMMER HILL RD., WAYNE NJ 07470
Rajiv A. Tata officer: V.P., General Counsel 200 SANDPOINTE AVENUE, SUITE 700, SANTA ANA CA 92707
Shirley Drazba director 200 SANDPOINTE AVENUE, #700, SANTA ANA CA 92707
Anthony J Reardon other: Pres., Ducommun AeroStructures DUCOMMUN INCORPORATED, 23301 WILMINGTON AVE., CARSON CA 90745
James S Heiser officer: VP, CFO & Gen. Cnsl. C/O DUCOMMUN INC, 23301 WILMINGTON AVENUE, CARSON CA 90745-6209

Ducommun (Ducommun) Headlines

From GuruFocus

Ducommun Incorporated Announces Third Quarter Conference Call

By Value_Insider Value_Insider 10-24-2022

Ducommun's Grand Re-Opening � Guaymas, Mexico Operations

By Value_Insider Value_Insider 10-18-2022

Ducommun Incorporated Announces Fourth Quarter Conference Call

By Stock market mentor Stock market mentor 01-31-2023

Ducommun to Participate in Wells Fargo Industrials Conference

By sperokesalga sperokesalga 06-02-2023

Ducommun Announces Public Offering of Common Stock

By sperokesalga sperokesalga 05-15-2023