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IES Holdings (FRA:45T) Cyclically Adjusted PS Ratio : 2.32 (As of May. 26, 2024)


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What is IES Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-26), IES Holdings's current share price is €146.00. IES Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €62.99. IES Holdings's Cyclically Adjusted PS Ratio for today is 2.32.

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

FRA:45T' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.5   Max: 2.57
Current: 2.26

During the past years, IES Holdings's highest Cyclically Adjusted PS Ratio was 2.57. The lowest was 0.09. And the median was 0.50.

FRA:45T's Cyclically Adjusted PS Ratio is ranked worse than
83.28% of 1280 companies
in the Construction industry
Industry Median: 0.64 vs FRA:45T: 2.26

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.

IES Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was €31.703. 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 €62.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IES Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for IES Holdings'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.

IES Holdings Cyclically Adjusted PS Ratio Chart

IES Holdings 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 0.56 0.81 1.01 0.50 1.01

IES Holdings 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 0.72 0.91 1.01 1.18 1.71

Competitive Comparison of IES Holdings's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, IES Holdings'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.


IES Holdings's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, IES Holdings's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



IES Holdings 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.

IES Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=146.00/62.99
=2.32

* 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.

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

For example, IES Holdings'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)
=31.703/131.7762*131.7762
=31.703

Current CPI (Mar. 2024) = 131.7762.

IES Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.412 100.560 7.092
201409 5.741 100.428 7.533
201412 5.077 99.070 6.753
201503 5.717 99.621 7.562
201506 6.007 100.684 7.862
201509 6.669 100.392 8.754
201512 6.483 99.792 8.561
201603 6.702 100.470 8.790
201606 7.449 101.688 9.653
201609 8.431 101.861 10.907
201612 8.451 101.863 10.933
201703 8.827 102.862 11.308
201706 8.601 103.349 10.967
201709 8.069 104.136 10.211
201712 7.905 104.011 10.015
201803 7.780 105.290 9.737
201806 9.333 106.317 11.568
201809 9.710 106.507 12.014
201812 10.081 105.998 12.533
201903 10.635 107.251 13.067
201906 11.743 108.070 14.319
201909 12.626 108.329 15.359
201912 11.748 108.420 14.279
202003 12.480 108.902 15.101
202006 12.397 108.767 15.019
202009 13.284 109.815 15.941
202012 12.288 109.897 14.734
202103 13.234 111.754 15.605
202106 15.975 114.631 18.364
202109 19.448 115.734 22.144
202112 20.290 117.630 22.730
202203 21.926 121.301 23.819
202206 25.630 125.017 27.016
202209 30.451 125.227 32.044
202212 26.538 125.222 27.927
202303 26.061 127.348 26.967
202306 26.436 128.729 27.062
202309 29.754 129.860 30.193
202312 28.470 129.419 28.988
202403 31.703 131.776 31.703

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.


IES Holdings  (FRA:45T) 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.


IES Holdings Cyclically Adjusted PS Ratio Related Terms

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


IES Holdings (FRA:45T) Business Description

Industry
Traded in Other Exchanges
Address
2 Riverway, Suite 1730, Houston, TX, USA, 77056
IES Holdings Inc owns and manages subsidiaries that design and installs integrated electrical and technology systems and provide infrastructure products and services. It has four business segments; Communications, Residential, Infrastructure Solutions and Commercial & Industrial. Majority of the revenue for the company is generated from its Residential segment in which the company provides electrical installation services for single-family housing and multi-family apartment complexes, as well as heating, ventilation and air conditioning (HVAC) and plumbing installation services. Through this segment it also provides services for the installation of residential solar power, both for new construction and existing residences.

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