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Preformed Line Products Co (FRA:P4L) Cyclically Adjusted PS Ratio : 1.26 (As of Jun. 07, 2024)


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What is Preformed Line Products Co Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Preformed Line Products Co's current share price is €115.00. Preformed Line Products Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €91.52. Preformed Line Products Co's Cyclically Adjusted PS Ratio for today is 1.26.

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

FRA:P4L' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.48   Med: 0.79   Max: 1.69
Current: 1.2

During the past years, Preformed Line Products Co's highest Cyclically Adjusted PS Ratio was 1.69. The lowest was 0.48. And the median was 0.79.

FRA:P4L's Cyclically Adjusted PS Ratio is ranked better than
55.53% of 2197 companies
in the Industrial Products industry
Industry Median: 1.42 vs FRA:P4L: 1.20

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.

Preformed Line Products Co's adjusted revenue per share data for the three months ended in Mar. 2024 was €26.220. 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 €91.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Preformed Line Products Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Preformed Line Products 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.

Preformed Line Products Co Cyclically Adjusted PS Ratio Chart

Preformed Line Products Co 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 0.75 0.82 0.72 0.85 1.27

Preformed Line Products Co 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 1.26 1.51 1.55 1.27 1.19

Competitive Comparison of Preformed Line Products Co's Cyclically Adjusted PS Ratio

For the Electrical Equipment & Parts subindustry, Preformed Line Products 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.


Preformed Line Products Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Preformed Line Products Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Preformed Line Products Co's Cyclically Adjusted PS Ratio falls into.



Preformed Line Products 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.

Preformed Line Products Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=115.00/91.52
=1.26

* 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.

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

For example, Preformed Line Products Co'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)
=26.22/131.7762*131.7762
=26.220

Current CPI (Mar. 2024) = 131.7762.

Preformed Line Products Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.645 100.560 17.881
201409 14.738 100.428 19.338
201412 14.550 99.070 19.353
201503 14.691 99.621 19.433
201506 14.517 100.684 19.000
201509 14.769 100.392 19.386
201512 16.010 99.792 21.141
201603 13.512 100.470 17.722
201606 14.222 101.688 18.430
201609 15.220 101.861 19.690
201612 15.991 101.863 20.687
201703 15.414 102.862 19.747
201706 16.927 103.349 21.583
201709 16.262 104.136 20.578
201712 15.913 104.011 20.161
201803 15.717 105.290 19.671
201806 18.411 106.317 22.820
201809 18.083 106.507 22.373
201812 17.943 105.998 22.307
201903 17.012 107.251 20.902
201906 20.094 108.070 24.502
201909 21.147 108.329 25.724
201912 19.989 108.420 24.295
202003 18.553 108.902 22.450
202006 21.004 108.767 25.447
202009 21.596 109.815 25.915
202012 19.711 109.897 23.635
202103 20.005 111.754 23.589
202106 22.398 114.631 25.748
202109 23.130 115.734 26.336
202112 23.127 117.630 25.908
202203 25.391 121.301 27.584
202206 31.210 125.017 32.897
202209 33.172 125.227 34.907
202212 31.783 125.222 33.447
202303 33.985 127.348 35.167
202306 33.402 128.729 34.193
202309 30.126 129.860 30.571
202312 26.865 129.419 27.354
202403 26.220 131.776 26.220

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.


Preformed Line Products Co  (FRA:P4L) 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.


Preformed Line Products Co Cyclically Adjusted PS Ratio Related Terms

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


Preformed Line Products Co (FRA:P4L) Business Description

Traded in Other Exchanges
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in the United States with operations also in The Americas, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.

Preformed Line Products Co (FRA:P4L) Headlines

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