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Cabot (CBT) Cyclically Adjusted PS Ratio : 1.46 (As of Apr. 27, 2024)


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What is Cabot Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Cabot's current share price is $93.59. Cabot's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $64.06. Cabot's Cyclically Adjusted PS Ratio for today is 1.46.

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

CBT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.02   Max: 1.46
Current: 1.46

During the past years, Cabot's highest Cyclically Adjusted PS Ratio was 1.46. The lowest was 0.40. And the median was 1.02.

CBT's Cyclically Adjusted PS Ratio is ranked worse than
57.65% of 1190 companies
in the Chemicals industry
Industry Median: 1.18 vs CBT: 1.46

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.

Cabot's adjusted revenue per share data for the three months ended in Dec. 2023 was $17.168. 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 $64.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cabot Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cabot'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.

Cabot Cyclically Adjusted PS Ratio Chart

Cabot Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.68 0.89 1.03 1.08

Cabot Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.08 1.21 1.05 1.08 1.30

Competitive Comparison of Cabot's Cyclically Adjusted PS Ratio

For the Specialty Chemicals subindustry, Cabot'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.


Cabot's Cyclically Adjusted PS Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Cabot's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Cabot 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=93.59/64.06
=1.46

* 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.

Cabot's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Cabot's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.168/129.4194*129.4194
=17.168

Current CPI (Dec. 2023) = 129.4194.

Cabot Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.794 99.695 17.907
201406 14.417 100.560 18.555
201409 13.930 100.428 17.951
201412 12.570 99.070 16.421
201503 10.827 99.621 14.066
201506 10.964 100.684 14.093
201509 10.736 100.392 13.840
201512 9.648 99.792 12.512
201603 9.045 100.470 11.651
201606 9.873 101.688 12.565
201609 9.841 101.861 12.503
201612 9.729 101.863 12.361
201703 10.796 102.862 13.583
201706 11.244 103.349 14.080
201709 11.587 104.136 14.400
201712 11.632 104.011 14.474
201803 13.236 105.290 16.269
201806 13.708 106.317 16.687
201809 13.844 106.507 16.822
201812 13.661 105.998 16.680
201903 14.233 107.251 17.175
201906 14.469 108.070 17.327
201909 14.358 108.329 17.153
201912 12.754 108.420 15.224
202003 12.544 108.902 14.907
202006 9.168 108.767 10.909
202009 11.705 109.815 13.795
202012 13.180 109.897 15.521
202103 14.850 111.754 17.197
202106 16.088 114.631 18.163
202109 15.915 115.734 17.797
202112 17.042 117.630 18.750
202203 19.124 121.301 20.404
202206 20.229 125.017 20.941
202209 19.543 125.227 20.197
202212 17.019 125.222 17.589
202303 18.187 127.348 18.483
202306 17.133 128.729 17.225
202309 17.263 129.860 17.204
202312 17.168 129.419 17.168

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.


Cabot  (NYSE:CBT) 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.


Cabot Cyclically Adjusted PS Ratio Related Terms

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


Cabot (CBT) Business Description

Industry
Traded in Other Exchanges
Address
Two Seaport Lane, Suite 1400, Boston, MA, USA, 02210
Cabot Corp manufactures and sells a variety of chemicals, materials, and chemical-based products. The company organizes itself into two segments based on the product type. The reinforcement materials segment, which generates more revenue than any other segment, sells rubber-grade carbon black products used in hoses and belts in automobiles. The performance chemicals segment sells ink-jet colorants and metal oxides used in the automotive and construction industries.
Executives
Erica Mclaughlin officer: Senior Vice President, CFO C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Karen A Kalita officer: SVP and General Counsel C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Hobart Kalkstein officer: Senior Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Michelle Elizabeth Williams director 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Sean D Keohane officer: Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Raffiq Nathoo director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1400, BOSTON MA 02210
Douglas G Delgrosso director
Lisa M Dumont officer: Controller C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Jeff Ji Zhu officer: Senior Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Christine Y Yan director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
John R Doubman officer: Senior Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Frank Anders Wilson director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Patrick M. Prevost director, officer: President and CEO C/O SOUTHWESTERN ENERGY COMPANY, 10000 ENERGY DRIVE, SPRING TX 77389-4954
Nicholas S. Cross officer: Executive Vice President C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Brian A Berube officer: Vice President,General Counsel C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210