GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » DXP Enterprises Inc (NAS:DXPE) » Definitions » Cyclically Adjusted PS Ratio

DXP Enterprises (DXP Enterprises) Cyclically Adjusted PS Ratio : 0.60 (As of Apr. 27, 2024)


View and export this data going back to 1995. Start your Free Trial

What is DXP Enterprises Cyclically Adjusted PS Ratio?

As of today (2024-04-27), DXP Enterprises's current share price is $50.90. DXP Enterprises's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $84.97. DXP Enterprises's Cyclically Adjusted PS Ratio for today is 0.60.

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

DXPE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.45   Max: 2.52
Current: 0.6

During the past years, DXP Enterprises's highest Cyclically Adjusted PS Ratio was 2.52. The lowest was 0.15. And the median was 0.45.

DXPE's Cyclically Adjusted PS Ratio is ranked worse than
58.06% of 124 companies
in the Industrial Distribution industry
Industry Median: 0.55 vs DXPE: 0.60

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.

DXP Enterprises's adjusted revenue per share data for the three months ended in Dec. 2023 was $23.933. 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 $84.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


DXP Enterprises Cyclically Adjusted PS Ratio Historical Data

The historical data trend for DXP Enterprises'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.

DXP Enterprises Cyclically Adjusted PS Ratio Chart

DXP Enterprises 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 0.54 0.30 0.32 0.33 0.40

DXP Enterprises 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 0.33 0.32 0.43 0.41 0.40

Competitive Comparison of DXP Enterprises's Cyclically Adjusted PS Ratio

For the Industrial Distribution subindustry, DXP Enterprises'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.


DXP Enterprises's Cyclically Adjusted PS Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, DXP Enterprises's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



DXP Enterprises 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.

DXP Enterprises's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=50.90/84.97
=0.60

* 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.

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

For example, DXP Enterprises'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)
=23.933/129.4194*129.4194
=23.933

Current CPI (Dec. 2023) = 129.4194.

DXP Enterprises Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 22.392 99.695 29.068
201406 24.544 100.560 31.588
201409 24.978 100.428 32.189
201412 26.438 99.070 34.537
201503 22.428 99.621 29.137
201506 21.284 100.684 27.359
201509 21.015 100.392 27.091
201512 19.206 99.792 24.908
201603 17.504 100.470 22.548
201606 16.699 101.688 21.253
201609 14.898 101.861 18.929
201612 12.760 101.863 16.212
201703 13.071 102.862 16.446
201706 13.741 103.349 17.207
201709 13.816 104.136 17.170
201712 14.568 104.011 18.127
201803 15.257 105.290 18.754
201806 16.916 106.317 20.592
201809 16.737 106.507 20.338
201812 17.029 105.998 20.792
201903 16.909 107.251 20.404
201906 18.080 108.070 21.652
201909 17.741 108.329 21.195
201912 15.893 108.420 18.971
202003 16.223 108.902 19.280
202006 13.534 108.767 16.104
202009 12.377 109.815 14.587
202012 13.100 109.897 15.427
202103 12.263 111.754 14.201
202106 14.192 114.631 16.023
202109 14.808 115.734 16.559
202112 15.067 117.630 16.577
202203 16.487 121.301 17.590
202206 18.760 125.017 19.421
202209 19.701 125.227 20.361
202212 21.130 125.222 21.838
202303 23.013 127.348 23.387
202306 23.713 128.729 23.840
202309 24.156 129.860 24.074
202312 23.933 129.419 23.933

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.


DXP Enterprises  (NAS:DXPE) 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.


DXP Enterprises Cyclically Adjusted PS Ratio Related Terms

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


DXP Enterprises (DXP Enterprises) Business Description

Traded in Other Exchanges
Address
5301 Hollister, Houston, TX, USA, 77040
DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the oil and gas, general manufacturing, chemical, reseller, transportation, fabrication and construction, food and beverage, aerospace mining, agriculture, power, and refining industries.
Executives
Paz Maestas officer: CMO & CTO 5301 HOLLISTER ST, HOUSTON TX 77040
David Molero Santos officer: CHIEF ACCOUNTING OFFICER 5301 HOLLISTER ST, HOUSTON TX 77040
Todd Hamlin officer: Sr. Vice President 7272 PINEMONT DRIVE, HOUSTON TX 77040
David R Little director, 10 percent owner, officer: Chairman & CEO 7272 PINEMONT DRIVE, HOUSTON TX 77040
Yee Kent Nee Hung officer: Sr. Vice President 7272 PINEMONT DRIVE, HOUSTON TX 77040
David C Vinson officer: Sr, V.P. Operations
Nicholas Little officer: CHIEF OPERATING OFFICER 5301 HOLLISTER ST, HOUSTON TX 77040
Christopher T Gregory officer: Sr. Vice President 7272 PINEMONT DR, HOUSTON TX 77040
Karen Hoffman director 5301 HOLLISTER ST, HOUSTON TX 77040
Gene Padgett officer: SVP/Chief Accounting Officer VALMONT INDUSTRIES, INC., 15000 VALMONT PLAZA, OMAHA NE 68154
Joseph R Mannes director 4016 MCFARLIN BLVD, DALLAS TX 75205
Timothy P Halter director 174 FM 1830, ARGYLE TX 76226
David Patton director 7272 PINEMONT DR, HOUSTON TX 77040
Cletus Davis director
John Jay Jeffery officer: Sr. V.P. 7272 PINEMONT DRIVE, HOUSTON TX 77040