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Precision Castparts (Precision Castparts) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Precision Castparts Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Precision Castparts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Precision Castparts'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.

Precision Castparts Cyclically Adjusted PS Ratio Chart

Precision Castparts Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cyclically Adjusted PS Ratio
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Precision Castparts Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of Precision Castparts's Cyclically Adjusted PS Ratio

For the Metal Fabrication subindustry, Precision Castparts'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.


Precision Castparts's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Precision Castparts 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.

Precision Castparts's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Precision Castparts's adjusted Revenue per Share data for the three months ended in Sep. 2015 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=16.537/100.3915*100.3915
=16.537

Current CPI (Sep. 2015) = 100.3915.

Precision Castparts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200512 6.313 83.032 7.633
200603 6.944 84.298 8.270
200606 8.108 85.606 9.508
200609 9.597 85.606 11.255
200612 10.012 85.142 11.805
200703 11.239 86.640 13.023
200706 11.822 87.906 13.501
200709 12.268 87.964 14.001
200712 12.084 88.616 13.690
200803 11.919 90.090 13.282
200806 12.856 92.320 13.980
200809 12.784 92.307 13.904
200812 11.480 88.697 12.994
200903 11.331 89.744 12.675
200906 9.702 91.003 10.703
200909 9.117 91.120 10.045
200912 9.590 91.111 10.567
201003 10.089 91.821 11.031
201006 10.089 91.962 11.014
201009 10.509 92.162 11.447
201012 11.036 92.474 11.981
201103 11.560 94.283 12.309
201106 11.546 95.235 12.171
201109 12.262 95.727 12.860
201112 12.379 95.213 13.052
201203 13.363 96.783 13.861
201206 13.429 96.819 13.924
201209 13.163 97.633 13.535
201212 13.856 96.871 14.360
201303 16.592 98.209 16.961
201306 16.091 98.518 16.397
201309 15.980 98.790 16.239
201312 15.959 98.326 16.294
201403 17.162 99.695 17.282
201406 17.272 100.560 17.243
201409 17.477 100.428 17.471
201412 17.172 99.070 17.401
201503 17.449 99.621 17.584
201506 17.365 100.684 17.315
201509 16.537 100.392 16.537

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.


Precision Castparts  (NYSE:PCP) 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.


Precision Castparts Cyclically Adjusted PS Ratio Related Terms

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Precision Castparts (Precision Castparts) Business Description

Traded in Other Exchanges
N/A
Address
Precision Castparts Corp was incorporated in the State of Oregon. The Company is a manufacturer of complex metal components and products provides high-quality investment castings, forgings and fasteners/fastener systems for critical aerospace and power applications. It also provides investment castings and forgings for general industrial, armament, medical and other applications; nickel alloys and mill forms, as well as cobalt alloys, for the aerospace, chemical processing, oil and gas, pollution control and other industries; seamless pipe for coal-fired, industrial gas turbine, and nuclear power plants, as well as oil and gas applications; fasteners for automotive and general industrial markets; specialty alloys for the investment casting industry; refiner plates, screen cylinders and other products for the pulp and paper industry; metal-injection-molded and ThixoFormedparts for automotive and other markets; grinder pumps and affiliated components for low pressure sewer systems; critical auxiliary equipment and gas monitoring systems for the power generation industry; and metalworking tools for the fastener market and other applications. It manufactures complex metal components and products in three main business segments: Investment Cast Products, Forged Products and Fastener Products. The Company's Investment Cast Products segment manufactures investment castings for aircraft engines, IGT engines, airframes, medical prostheses, armament, unmanned aerial vehicles and other industrial applications. The segment also provides alloys to PCC's investment casting operations, as well as to other investment casting companies. It manufactures forged components for the aerospace and power generation markets. Forged Products' aerospace and IGT sales are mainly derived from the same large engine customers served by the Investment Cast Products segment, with additional aerospace sales to manufacturers of landing gear and airframes. Therefore, the dynamics of the aerospace and IGT markets, as described in the Investment Cast Products section above, are virtually the same for Forged Products. It manufactures forged components for the aerospace and power generation markets. Forged Products' aerospace and IGT sales are mainly derived from the same large engine customers served by the Investment Cast Products segment, with additional aerospace sales to manufacturers of landing gear and airframes. Therefore, the dynamics of the aerospace and IGT markets, as described in the Investment Cast Products section above, are virtually the same for Forged Products. The Company's main competitors are Ladish Co., a subsidiary of Allegheny Technologies, Inc., Fortech, S.A. and Thyssen AG for aerospace turbine products, Alcoa Inc. and Firth Rixson Limited for aerospace structural products, Vallourec & Mannesmann Tubes and Sumitomo Corporation for energy products and Allegheny Technologies, Inc., Carpenter Technology Corporation, Haynes International, Inc., an
Executives
Ulrich Schmidt director PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Richard L Wambold director C/O PACTIV CORP, 1900 W FIELD COURT, LAKE FOREST IL 60045
Lester L Lyles director C/O MTC TECHNOLOGIES INC, 4032 LINDEN AVENUE, DAYTON OH 45432
Timothy A Wicks director C/O PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Andrew Masterman officer: EVP, Pres. Wyman-Gordon 401 PLYMOUTH ROAD, SUITE 500, PLYMOUTH MEETING PA 19462-1646
Kevin M Stein officer: Exec VP TRANSDIGM GROUP INCORPORATED, 1301 EAST 9TH STREET, SUITE 3000, CLEVELAND OH 44114
Steven G Rothmeier director C/O E.W BLANCH HOLDINGS INC, 500 N. AKARD #4500, DALLAS TX 75201
Russell S Pattee officer: VP and Corporate Controller PRECISION CASTPARTS CORP., 4650 SW MACADAM AVENUE, SUITE 400, PORTLAND OR 97239
Chris Ayers officer: Exec. VP, Pres. PCC Forgings 4650 S.W. MACADAM, SUITE #440, PORTLAND OR 97239
William D Larsson officer: Sr. VP and CFO 35 SHARPS CIRCLE, RENO NV 89519
Byron O Pond director C/O GSI GROUP INC., 125 MIDDLESEX TURNPIKE, BEDFORD MA 01730-1409
Wayne F Robbins officer: President; PCC Flow Technologi 4650 SW MACADAM, STE 440, PORTLAND OR 97239

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