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EMCOR Group (EMCOR Group) Cyclically Adjusted PS Ratio : 1.89 (As of Apr. 27, 2024)


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What is EMCOR Group Cyclically Adjusted PS Ratio?

As of today (2024-04-27), EMCOR Group's current share price is $354.02. EMCOR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $187.62. EMCOR Group's Cyclically Adjusted PS Ratio for today is 1.89.

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

EME' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.68   Max: 1.95
Current: 1.89

During the past years, EMCOR Group's highest Cyclically Adjusted PS Ratio was 1.95. The lowest was 0.40. And the median was 0.68.

EME's Cyclically Adjusted PS Ratio is ranked worse than
80.11% of 1242 companies
in the Construction industry
Industry Median: 0.63 vs EME: 1.89

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.

EMCOR Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $72.539. 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 $187.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EMCOR Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for EMCOR 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.

EMCOR Group Cyclically Adjusted PS Ratio Chart

EMCOR 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 0.73 0.72 0.89 0.90 1.17

EMCOR 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 0.96 1.06 1.17 1.17 1.87

Competitive Comparison of EMCOR Group's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, EMCOR 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.


EMCOR Group's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

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

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



EMCOR 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=354.02/187.62
=1.89

* 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.

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

For example, EMCOR 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)
=72.539/129.4194*129.4194
=72.539

Current CPI (Mar. 2024) = 129.4194.

EMCOR Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 22.837 100.560 29.391
201409 23.107 100.428 29.778
201412 25.983 99.070 33.943
201503 24.983 99.621 32.456
201506 26.095 100.684 33.543
201509 26.804 100.392 34.554
201512 28.264 99.792 36.655
201603 28.442 100.470 36.637
201606 31.553 101.688 40.158
201609 32.203 101.861 40.915
201612 32.033 101.863 40.699
201703 31.470 102.862 39.595
201706 31.790 103.349 39.809
201709 31.752 104.136 39.461
201712 33.933 104.011 42.222
201803 32.175 105.290 39.549
201806 33.302 106.317 40.539
201809 34.968 106.507 42.491
201812 38.765 105.998 47.331
201903 38.259 107.251 46.167
201906 41.136 108.070 49.263
201909 40.449 108.329 48.324
201912 42.477 108.420 50.704
202003 40.914 108.902 48.623
202006 36.661 108.767 43.622
202009 39.886 109.815 47.007
202012 41.364 109.897 48.712
202103 41.789 111.754 48.395
202106 44.656 114.631 50.417
202109 46.711 115.734 52.234
202112 49.156 117.630 54.083
202203 48.993 121.301 52.272
202206 53.388 125.017 55.268
202209 57.622 125.227 59.551
202212 61.551 125.222 63.614
202303 60.285 127.348 61.266
202306 63.998 128.729 64.341
202309 67.674 129.860 67.445
202312 72.666 129.419 72.666
202403 72.539 129.419 72.539

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.


EMCOR Group  (NYSE:EME) 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.


EMCOR Group Cyclically Adjusted PS Ratio Related Terms

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


EMCOR Group (EMCOR Group) Business Description

Industry
Traded in Other Exchanges
Address
301 Merritt Seven, Norwalk, CT, USA, 06851-1092
EMCOR Group Inc is one of the largest electrical, mechanical, construction, and facilities services firms in the United States. It provides a wide range of services, including the installation of electrical distribution systems, voice & data communication systems, and environmental controls within buildings. The company's services are provided to a broad range of commercial, industrial, utility, and institutional customers. Emcor Group enters contracts for large installation projects in the multimillion-dollar range, or smaller projects involving renovations and retrofit work. It also operates as a subcontractor to general contractors, systems suppliers, and property managers. It generates sales primarily in the United States, but the company does offer services United kingdom.
Executives
R Kevin Matz officer: SVP, Admin & Strategic Service 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851
Anthony Guzzi officer: President & COO 301 MERRITT SEVEN, 6TH FLOOR, NORWALK CT 06851
Mark A Pompa officer: SVP, CAO & Treasurer 301 MERRITT SEVEN 6TH FLOOR, NORWALK CT 06851
Maxine Lum Mauricio officer: SVP and General Counsel 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP INC., NORWALK CT 06851
Jason R Nalbandian officer: SVP & Chief Accounting Officer 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851
Rebecca A Weyenberg director 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Carol P Lowe director 4311 BEULAH CHURCH ROAD, WEDDINGTON NC 28104
M Kevin Mcevoy director C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
William P Reid director 301 MERRITT SEVEN CORPORATE PARK, 6TH FL, C/O EMCOR GROUP, INC., NORWALK CT 06851
Hamm Richard F Jr director 6370 OXBOW BEND, CHANHASSEN MN 55317
Ronald L Johnson director 3344 PEACHTREE STREET NE, #3403, ATLANTA GA 30326
John W Altmeyer director 946 HIGHMEADOW COURT, LANCASTER PA 17601
Brown David A B director
Robin A Walker-lee director C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Jerry E Ryan director 3201 EAST 65TH, TULSA OK 74136