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Barnes Group (STU:BG4) Cyclically Adjusted PS Ratio : 1.24 (As of Jun. 08, 2024)


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What is Barnes Group Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Barnes Group's current share price is €34.40. Barnes Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €27.83. Barnes Group's Cyclically Adjusted PS Ratio for today is 1.24.

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

STU:BG4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.71   Max: 3.24
Current: 1.23

During the past years, Barnes Group's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 0.68. And the median was 1.71.

STU:BG4's Cyclically Adjusted PS Ratio is ranked better than
55.37% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs STU:BG4: 1.23

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.

Barnes Group's adjusted revenue per share data for the three months ended in Mar. 2024 was €7.724. 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 €27.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barnes Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Barnes Group'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.

Barnes Group Cyclically Adjusted PS Ratio Chart

Barnes Group 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 2.61 2.11 1.77 1.44 1.10

Barnes Group 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 1.39 1.44 1.15 1.10 1.23

Competitive Comparison of Barnes Group's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Barnes Group'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.


Barnes Group's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Barnes Group 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.

Barnes Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.40/27.83
=1.24

* 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.

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

For example, Barnes Group'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)
=7.724/131.7762*131.7762
=7.724

Current CPI (Mar. 2024) = 131.7762.

Barnes Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.238 100.560 5.554
201409 4.441 100.428 5.827
201412 4.534 99.070 6.031
201503 4.990 99.621 6.601
201506 5.038 100.684 6.594
201509 4.671 100.392 6.131
201512 4.781 99.792 6.313
201603 4.736 100.470 6.212
201606 4.995 101.688 6.473
201609 5.087 101.861 6.581
201612 5.629 101.863 7.282
201703 5.848 102.862 7.492
201706 5.928 103.349 7.559
201709 5.491 104.136 6.948
201712 5.787 104.011 7.332
201803 5.498 105.290 6.881
201806 6.046 106.317 7.494
201809 6.085 106.507 7.529
201812 6.487 105.998 8.065
201903 6.388 107.251 7.849
201906 6.357 108.070 7.752
201909 6.604 108.329 8.033
201912 6.484 108.420 7.881
202003 5.811 108.902 7.032
202006 4.100 108.767 4.967
202009 4.485 109.815 5.382
202012 4.658 109.897 5.585
202103 4.959 111.754 5.847
202106 5.216 114.631 5.996
202109 5.411 115.734 6.161
202112 5.390 117.630 6.038
202203 5.543 121.301 6.022
202206 5.959 125.017 6.281
202209 6.226 125.227 6.552
202212 5.758 125.222 6.059
202303 6.110 127.348 6.322
202306 6.108 128.729 6.253
202309 6.625 129.860 6.723
202312 7.449 129.419 7.585
202403 7.724 131.776 7.724

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.


Barnes Group  (STU:BG4) 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.


Barnes Group Cyclically Adjusted PS Ratio Related Terms

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


Barnes Group (STU:BG4) Business Description

Traded in Other Exchanges
Address
123 Main Street, Bristol, CT, USA, 06010
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.

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