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NN (NNBR) Cyclically Adjusted PS Ratio : 0.16 (As of May. 26, 2024)


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What is NN Cyclically Adjusted PS Ratio?

As of today (2024-05-26), NN's current share price is $3.25. NN's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $20.90. NN's Cyclically Adjusted PS Ratio for today is 0.16.

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

NNBR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.41   Max: 1.31
Current: 0.16

During the past years, NN's highest Cyclically Adjusted PS Ratio was 1.31. The lowest was 0.05. And the median was 0.41.

NNBR's Cyclically Adjusted PS Ratio is ranked better than
89.19% of 444 companies
in the Conglomerates industry
Industry Median: 0.805 vs NNBR: 0.16

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.

NN's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.540. 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 $20.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NN Cyclically Adjusted PS Ratio Historical Data

The historical data trend for NN'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.

NN Cyclically Adjusted PS Ratio Chart

NN 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 0.39 0.29 0.18 0.07 0.19

NN 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 0.05 0.11 0.09 0.19 0.23

Competitive Comparison of NN's Cyclically Adjusted PS Ratio

For the Conglomerates subindustry, NN'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.


NN's Cyclically Adjusted PS Ratio Distribution in the Conglomerates Industry

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

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



NN 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=3.25/20.9
=0.16

* 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.

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

For example, NN'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)
=2.54/131.7762*131.7762
=2.540

Current CPI (Mar. 2024) = 131.7762.

NN Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.871 100.560 7.694
201409 6.988 100.428 9.169
201412 8.244 99.070 10.966
201503 8.449 99.621 11.176
201506 8.419 100.684 11.019
201509 5.699 100.392 7.481
201512 -3.201 99.792 -4.227
201603 7.899 100.470 10.360
201606 7.881 101.688 10.213
201609 5.370 101.861 6.947
201612 5.218 101.863 6.750
201703 5.701 102.862 7.304
201706 5.750 103.349 7.332
201709 5.379 104.136 6.807
201712 5.419 104.011 6.866
201803 6.129 105.290 7.671
201806 7.089 106.317 8.787
201809 7.170 106.507 8.871
201812 -1.084 105.998 -1.348
201903 5.081 107.251 6.243
201906 5.274 108.070 6.431
201909 2.865 108.329 3.485
201912 2.630 108.420 3.197
202003 2.760 108.902 3.340
202006 1.861 108.767 2.255
202009 2.696 109.815 3.235
202012 2.815 109.897 3.375
202103 2.972 111.754 3.504
202106 2.771 114.631 3.185
202109 2.637 115.734 3.003
202112 2.483 117.630 2.782
202203 2.872 121.301 3.120
202206 2.804 125.017 2.956
202209 2.847 125.227 2.996
202212 2.639 125.222 2.777
202303 2.805 127.348 2.903
202306 2.701 128.729 2.765
202309 2.618 129.860 2.657
202312 2.358 129.419 2.401
202403 2.540 131.776 2.540

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.


NN  (NAS:NNBR) 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.


NN Cyclically Adjusted PS Ratio Related Terms

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


NN (NNBR) Business Description

Industry
Traded in Other Exchanges
Address
6210 Ardrey Kell Road, Suite 600, Charlotte, NC, USA, 28277
NN Inc is a diversified industrial company that combines engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision solutions and components. It operates in two business segments: mobile solutions and power solutions. The mobile solutions segment involves growth in the general industrial and automotive end markets. Its power solutions segment involves growth in the electrical and aerospace and defense end markets. It also operates in China, Mexico, Brazil, Germany, and other countries.
Executives
Rajeev Gautam director C/O HONEYWELL, 300 S. TRYON STREET, CHARLOTTE NC 28202
Timothy M. French officer: Chief Operating Officer 6210 ARDREY KELL ROAD, SUITE 600, CHARLOTTE NC 28277
Joao V Faria director 1000 EATON BLVD., CLEVELAND OH 44122
Corre Partners Management, Llc 10 percent owner 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
Harold C Bevis officer: President and CEO 8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615
Wilson Thomas Hampton Jr. director PO BOX 807, 663 HWY 60, MONETT MO 65708
Raynard D. Benvenuti director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Shihab A. Kuran director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Christina Carroll director 16529 ADLON ROAD, ENCINO CA 91436
Jeri J Harman director
Corre Opportunities Qualified Master Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Warren A Veltman officer: SVP/GM Autocam Precision Comp. 2000 WATERS EDGE DRIVE, BUILDING C, SUITE 12, JOHNSON CITY TN 37604
Felcher, Jr. Michael C. officer: See Remarks 6210 ARDREY KELL ROAD, SUITE 600, CHARLOTTE NC 28277
Eric Hjalmar Soderlund 10 percent owner 12 EAST 49TH STREET 40TH FLOOR, NEW YORK NY 10017
Corre Partners Advisors Llc 10 percent owner 12 EAST 49TH STREET 40TH FLOOR, NEW YORK NY 10017