GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Matson Inc (FRA:68M) » Definitions » Cyclically Adjusted PS Ratio

Matson (FRA:68M) Cyclically Adjusted PS Ratio : 1.68 (As of Jun. 09, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Matson Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Matson's current share price is €112.00. Matson's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €66.83. Matson's Cyclically Adjusted PS Ratio for today is 1.68.

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

FRA:68M' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.9   Max: 2.18
Current: 1.65

During the past years, Matson's highest Cyclically Adjusted PS Ratio was 2.18. The lowest was 0.54. And the median was 0.90.

FRA:68M's Cyclically Adjusted PS Ratio is ranked worse than
68.25% of 737 companies
in the Transportation industry
Industry Median: 0.84 vs FRA:68M: 1.65

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.

Matson's adjusted revenue per share data for the three months ended in Mar. 2024 was €19.200. 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 €66.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matson Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Matson'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.

Matson Cyclically Adjusted PS Ratio Chart

Matson 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 0.90 1.20 1.62 0.95 1.53

Matson 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 0.88 1.12 1.25 1.53 1.52

Competitive Comparison of Matson's Cyclically Adjusted PS Ratio

For the Marine Shipping subindustry, Matson'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.


Matson's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

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

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



Matson 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=112.00/66.83
=1.68

* 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.

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

For example, Matson'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)
=19.2/131.7762*131.7762
=19.200

Current CPI (Mar. 2024) = 131.7762.

Matson Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.435 100.560 9.743
201409 7.899 100.428 10.365
201412 8.231 99.070 10.948
201503 8.381 99.621 11.086
201506 9.064 100.684 11.863
201509 11.022 100.392 14.468
201512 10.323 99.792 13.632
201603 9.312 100.470 12.214
201606 9.591 101.688 12.429
201609 10.321 101.861 13.352
201612 11.317 101.863 14.640
201703 10.220 102.862 13.093
201706 10.534 103.349 13.431
201709 10.563 104.136 13.367
201712 10.166 104.011 12.880
201803 9.668 105.290 12.100
201806 11.090 106.317 13.746
201809 11.720 106.507 14.501
201812 11.548 105.998 14.356
201903 10.932 107.251 13.432
201906 11.429 108.070 13.936
201909 11.997 108.329 14.594
201912 11.161 108.420 13.565
202003 10.741 108.902 12.997
202006 10.748 108.767 13.022
202009 12.593 109.815 15.111
202012 13.139 109.897 15.755
202103 13.651 111.754 16.097
202106 16.579 114.631 19.059
202109 20.988 115.734 23.897
202112 26.890 117.630 30.124
202203 25.686 121.301 27.904
202206 29.751 125.017 31.360
202209 29.170 125.227 30.696
202212 20.342 125.222 21.407
202303 18.135 127.348 18.766
202306 19.996 128.729 20.469
202309 21.965 129.860 22.289
202312 20.436 129.419 20.808
202403 19.200 131.776 19.200

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.


Matson  (FRA:68M) 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.


Matson Cyclically Adjusted PS Ratio Related Terms

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


Matson (FRA:68M) Business Description

Industry
Traded in Other Exchanges
Address
1411 Sand Island Parkway, Honolulu, HI, USA, 96819
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are ocean transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and logistics which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from ocean transportation.

Matson (FRA:68M) Headlines

No Headlines