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Albany International (FRA:AII) Cyclically Adjusted PS Ratio : 2.44 (As of Jun. 10, 2024)


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What is Albany International Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Albany International's current share price is €80.00. Albany International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €32.77. Albany International's Cyclically Adjusted PS Ratio for today is 2.44.

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

FRA:AII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.95   Med: 2.25   Max: 3.56
Current: 2.45

During the past years, Albany International's highest Cyclically Adjusted PS Ratio was 3.56. The lowest was 0.95. And the median was 2.25.

FRA:AII's Cyclically Adjusted PS Ratio is ranked worse than
85.25% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs FRA:AII: 2.45

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.

Albany International's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.212. 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 €32.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Albany International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Albany International'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.

Albany International Cyclically Adjusted PS Ratio Chart

Albany International 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 2.74 2.62 2.97 3.09 2.93

Albany International 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 2.74 2.83 2.58 2.93 2.72

Competitive Comparison of Albany International's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Albany International'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.


Albany International's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Albany International's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Albany International 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.

Albany International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.00/32.77
=2.44

* 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.

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

For example, Albany International'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)
=9.212/131.7762*131.7762
=9.212

Current CPI (Mar. 2024) = 131.7762.

Albany International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.460 100.560 5.845
201409 4.369 100.428 5.733
201412 4.830 99.070 6.425
201503 5.240 99.621 6.931
201506 4.797 100.684 6.278
201509 4.970 100.392 6.524
201512 5.049 99.792 6.667
201603 4.824 100.470 6.327
201606 5.628 101.688 7.293
201609 5.302 101.861 6.859
201612 6.248 101.863 8.083
201703 5.793 102.862 7.421
201706 5.958 103.349 7.597
201709 5.786 104.136 7.322
201712 5.914 104.011 7.493
201803 5.625 105.290 7.040
201806 6.773 106.317 8.395
201809 6.687 106.507 8.274
201812 6.828 105.998 8.489
201903 6.891 107.251 8.467
201906 7.503 108.070 9.149
201909 7.618 108.329 9.267
201912 7.179 108.420 8.726
202003 6.602 108.902 7.989
202006 6.206 108.767 7.519
202009 5.565 109.815 6.678
202012 5.751 109.897 6.896
202103 5.765 111.754 6.798
202106 6.004 114.631 6.902
202109 6.092 115.734 6.936
202112 6.517 117.630 7.301
202203 6.937 121.301 7.536
202206 7.880 125.017 8.306
202209 8.429 125.227 8.870
202212 8.115 125.222 8.540
202303 8.051 127.348 8.331
202306 8.092 128.729 8.284
202309 8.420 129.860 8.544
202312 9.469 129.419 9.641
202403 9.212 131.776 9.212

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.


Albany International  (FRA:AII) 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.


Albany International Cyclically Adjusted PS Ratio Related Terms

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


Albany International (FRA:AII) Business Description

Traded in Other Exchanges
Address
216 Airport Drive, Rochester, NH, USA, 03867
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has a global operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.

Albany International (FRA:AII) Headlines

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