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Art's-Way Manufacturing Co (FRA:ID2) Cyclically Adjusted PS Ratio : 0.24 (As of Jun. 09, 2024)


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What is Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Art's-Way Manufacturing Co's current share price is €1.52. Art's-Way Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €6.32. Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio for today is 0.24.

The historical rank and industry rank for Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:ID2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.37   Max: 1.13
Current: 0.24

During the past years, Art's-Way Manufacturing Co's highest Cyclically Adjusted PS Ratio was 1.13. The lowest was 0.24. And the median was 0.37.

FRA:ID2's Cyclically Adjusted PS Ratio is ranked better than
87.86% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.03 vs FRA:ID2: 0.24

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.

Art's-Way Manufacturing Co's adjusted revenue per share data for the three months ended in Feb. 2024 was €1.056. 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 €6.32 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Art's-Way Manufacturing Co'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.

Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Chart

Art's-Way Manufacturing Co Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.35 0.48 0.27 0.29

Art's-Way Manufacturing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.30 0.35 0.38 0.29 0.28

Competitive Comparison of Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, Art's-Way Manufacturing Co'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.


Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio falls into.



Art's-Way Manufacturing Co 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.

Art's-Way Manufacturing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.52/6.32
=0.24

* 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.

Art's-Way Manufacturing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Art's-Way Manufacturing Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=1.056/130.9299*130.9299
=1.056

Current CPI (Feb. 2024) = 130.9299.

Art's-Way Manufacturing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.700 100.373 2.218
201408 2.147 100.352 2.801
201411 1.758 99.635 2.310
201502 1.585 99.032 2.096
201505 1.720 100.333 2.245
201508 1.441 100.548 1.876
201511 1.313 100.135 1.717
201602 1.265 100.040 1.656
201605 1.142 101.355 1.475
201608 1.397 101.617 1.800
201611 0.929 101.829 1.194
201702 1.006 102.779 1.282
201705 1.020 103.256 1.293
201708 1.333 103.587 1.685
201711 1.036 104.072 1.303
201802 1.042 105.052 1.299
201805 1.063 106.148 1.311
201808 1.086 106.383 1.337
201811 0.790 106.338 0.973
201902 0.856 106.649 1.051
201905 1.195 108.048 1.448
201908 1.148 108.245 1.389
201911 1.599 108.519 1.929
202002 1.068 109.139 1.281
202005 1.134 108.175 1.373
202008 1.234 109.662 1.473
202011 1.045 109.793 1.246
202102 0.998 110.968 1.178
202105 1.039 113.576 1.198
202108 1.237 115.421 1.403
202111 1.403 117.269 1.566
202202 1.082 119.703 1.183
202205 1.487 123.323 1.579
202208 1.570 124.958 1.645
202211 1.317 125.607 1.373
202302 1.330 126.928 1.372
202305 1.653 128.314 1.687
202308 1.486 129.538 1.502
202311 1.264 129.548 1.277
202402 1.056 130.930 1.056

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.


Art's-Way Manufacturing Co  (FRA:ID2) 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.


Art's-Way Manufacturing Co Cyclically Adjusted PS Ratio Related Terms

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


Art's-Way Manufacturing Co (FRA:ID2) Business Description

Traded in Other Exchanges
Address
5556 Highway 9, P.O. Box 288, Armstrong, IA, USA, 50514
Art's-Way Manufacturing Co Inc is a manufacturer of agricultural equipment. It has three reportable segments: Agricultural Products, Modular Buildings, and Tools. The Agricultural Products segment fabricates and sells farming products as well as related equipment and replacement parts for these products in the United States and worldwide. Its Modular Buildings segment manufactures and installs modular buildings for animal containment and various laboratory uses. The Tools segment manufactures steel cutting tools and inserts. It derives revenues from the Agricultural Products segment.

Art's-Way Manufacturing Co (FRA:ID2) Headlines

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