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Matrix Service Co (Matrix Service Co) Cyclically Adjusted PS Ratio : 0.23 (As of May. 17, 2024)


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What is Matrix Service Co Cyclically Adjusted PS Ratio?

As of today (2024-05-17), Matrix Service Co's current share price is $11.05. Matrix Service Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $47.71. Matrix Service Co's Cyclically Adjusted PS Ratio for today is 0.23.

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

MTRX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.45   Max: 1.24
Current: 0.23

During the past years, Matrix Service Co's highest Cyclically Adjusted PS Ratio was 1.24. The lowest was 0.08. And the median was 0.45.

MTRX's Cyclically Adjusted PS Ratio is ranked better than
80.34% of 1277 companies
in the Construction industry
Industry Median: 0.65 vs MTRX: 0.23

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.

Matrix Service Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $6.049. 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 $47.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matrix Service Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Matrix Service 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.

Matrix Service Co Cyclically Adjusted PS Ratio Chart

Matrix Service Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.22 0.23 0.10 0.12

Matrix Service 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 0.11 0.12 0.24 0.20 0.27

Competitive Comparison of Matrix Service Co's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Matrix Service 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.


Matrix Service Co's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



Matrix Service 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.

Matrix Service Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11.05/47.71
=0.23

* 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.

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

For example, Matrix Service 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)
=6.049/131.7762*131.7762
=6.049

Current CPI (Mar. 2024) = 131.7762.

Matrix Service Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 12.656 100.560 16.585
201409 11.855 100.428 15.556
201412 12.626 99.070 16.794
201503 11.761 99.621 15.557
201506 13.406 100.684 17.546
201509 11.805 100.392 15.496
201512 11.873 99.792 15.678
201603 11.437 100.470 15.001
201606 13.406 101.688 17.373
201609 12.755 101.861 16.501
201612 11.652 101.863 15.074
201703 9.447 102.862 12.102
201706 10.972 103.349 13.990
201709 10.086 104.136 12.763
201712 10.448 104.011 13.237
201803 9.160 105.290 11.464
201806 10.922 106.317 13.537
201809 11.545 106.507 14.284
201812 12.347 105.998 15.350
201903 13.090 107.251 16.083
201906 14.453 108.070 17.623
201909 12.261 108.329 14.915
201912 11.836 108.420 14.386
202003 9.379 108.902 11.349
202006 7.492 108.767 9.077
202009 6.959 109.815 8.351
202012 6.322 109.897 7.581
202103 5.592 111.754 6.594
202106 6.591 114.631 7.577
202109 6.317 115.734 7.193
202112 6.055 117.630 6.783
202203 6.609 121.301 7.180
202206 7.492 125.017 7.897
202209 7.759 125.227 8.165
202212 7.180 125.222 7.556
202303 6.912 127.348 7.152
202306 7.612 128.729 7.792
202309 7.290 129.860 7.398
202312 6.394 129.419 6.510
202403 6.049 131.776 6.049

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.


Matrix Service Co  (NAS:MTRX) 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.


Matrix Service Co Cyclically Adjusted PS Ratio Related Terms

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


Matrix Service Co (Matrix Service Co) Business Description

Traded in Other Exchanges
Address
15 East, 5th Street, Suite 1100, Tulsa, OK, USA, 74103
Matrix Service Co is an engineering and construction provider for large industrial projects, primarily in the oil and gas, power, petrochemical, industrial, mining, and minerals markets. It offers engineering, fabrication, construction, and maintenance services, operating across three segments namely Utility and Power Infrastructure; Process and Industrial Facilities and Storage and Terminal Solutions.
Executives
Justin D Sheets officer: Vice President, Legal & Risk 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
James Harry Miller director 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
John R Hewitt officer: President & CEO 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Douglas J Montalbano officer: President, Matrix NAC 15 EAST 15TH STREET, SUITE 1100, TULSA OK 74103
Shawn P Payne officer: President, Matrix Service 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Bustamante Jose Luis M. director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD., IRVING TX 75039
Kevin A Durkin officer: VP BUS DEVELOPMENT MSI 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
John D Chandler director ONE WILLIAMS CENTER, MD 4700, TULSA OK 74172
Kevin S Cavanah officer: VP - Accounting & Fin Report 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Carlin G. Conner director 6120 SOUTH YALE AVE., SUITE 1500, TULSA OK 74136
Nancy E Downs officer: Vice President/Human Resources 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Joseph F Montalbano officer: VP / Chief Operating Officer 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135
Glyn A Rodgers officer: President, Matrix PDM Eng 5100 EAST SKELLY DRIVE, SUITE 100, TULSA OK 74135
Alan R Updyke officer: President, Matrix Service 5100 EAST SKELLY DRIVE, SUITE 500, TULSA OK 74135
Rick J Bennett officer: VP & Chief Information Officer 5100 EAST SKELLY DRIVE, SUITE 700, TULSA OK 74135

Matrix Service Co (Matrix Service Co) Headlines