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Flowserve (Flowserve) Cyclically Adjusted PS Ratio : 1.30 (As of Apr. 27, 2024)


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What is Flowserve Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Flowserve's current share price is $46.76. Flowserve's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $36.09. Flowserve's Cyclically Adjusted PS Ratio for today is 1.30.

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

FLS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.39   Max: 3.16
Current: 1.3

During the past years, Flowserve's highest Cyclically Adjusted PS Ratio was 3.16. The lowest was 0.62. And the median was 1.39.

FLS's Cyclically Adjusted PS Ratio is ranked better than
53.51% of 2151 companies
in the Industrial Products industry
Industry Median: 1.4 vs FLS: 1.30

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.

Flowserve's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.818. 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 $36.09 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flowserve Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Flowserve'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.

Flowserve Cyclically Adjusted PS Ratio Chart

Flowserve 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 1.52 1.11 0.87 0.85 1.14

Flowserve 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 0.85 0.93 1.01 1.09 1.14

Competitive Comparison of Flowserve's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Flowserve'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.


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

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

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



Flowserve 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=46.76/36.09
=1.30

* 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.

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

For example, Flowserve'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)
=8.818/129.4194*129.4194
=8.818

Current CPI (Dec. 2023) = 129.4194.

Flowserve Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.692 99.695 9.985
201406 8.873 100.560 11.419
201409 8.755 100.428 11.282
201412 10.085 99.070 13.175
201503 7.463 99.621 9.695
201506 8.620 100.684 11.080
201509 8.234 100.392 10.615
201512 9.783 99.792 12.687
201603 7.233 100.470 9.317
201606 7.848 101.688 9.988
201609 7.260 101.861 9.224
201612 8.164 101.863 10.373
201703 6.599 102.862 8.303
201706 6.678 103.349 8.363
201709 6.723 104.136 8.355
201712 7.869 104.011 9.791
201803 7.017 105.290 8.625
201806 7.416 106.317 9.027
201809 7.253 106.507 8.813
201812 7.533 105.998 9.198
201903 6.767 107.251 8.166
201906 7.515 108.070 9.000
201909 7.552 108.329 9.022
201912 8.105 108.420 9.675
202003 6.791 108.902 8.070
202006 7.076 108.767 8.420
202009 7.061 109.815 8.322
202012 7.522 109.897 8.858
202103 6.544 111.754 7.578
202106 6.867 114.631 7.753
202109 6.622 115.734 7.405
202112 7.028 117.630 7.732
202203 6.296 121.301 6.717
202206 6.722 125.017 6.959
202209 6.643 125.227 6.865
202212 7.897 125.222 8.162
202303 7.440 127.348 7.561
202306 8.196 128.729 8.240
202309 8.292 129.860 8.264
202312 8.818 129.419 8.818

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.


Flowserve  (NYSE:FLS) 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.


Flowserve Cyclically Adjusted PS Ratio Related Terms

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


Flowserve (Flowserve) Business Description

Traded in Other Exchanges
Address
5215 North O’Connor Boulevard, Suite 700, Irving, TX, USA, 75039
Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several global industries, including oil and gas, chemical, power generation, and water management. In addition, Flowserve has a worldwide network of Quick Response Centers to provide aftermarket equipment services. The aftermarket services help customers with installation, advanced diagnostics, repair, and retrofitting. Sales are roughly split across many global regions, with North America and Europe contributing the majority of total revenue.
Executives
Thomas B Okray director 5008 AIRPORT ROAD NW, ROANOKE VA 24012
Kenneth I Siegel director 667 MADISON AVENUE, NEW YORK NY 10065
Susan Claire Hudson officer: Chief Legal Officer 5215 N O CONNOR BLVD, # 700, IRVING TX 75039
Lamar L. Duhon officer: President, AMSS 5215 N. O'CONNOR BLVD., SUITE 700, IRVING TX 75039
Kirk Wilson officer: President, AMSS 5215 NORTH O'CONNOR BLVD #2300, IRVING TX 75039
Tamara Morytko officer: President, FPD 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Carlyn R. Taylor director 5215 N. O'CONNOR BLVD., SUITE 2300, IRVING TX 75039
Scott K Vopni officer: Chief Accounting Officer 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Sanjay Chowbey officer: President, AMSS 525 WILLIAM PENN PLACE, SUITE 3300, PITTSBURGH PA 15219
Amy B Schwetz officer: Chief Financial Officer 701 MARKET STREET, ST. LOUIS MO 63101
Sujeet Chand director ROCKWELL AUTOMATION, INC., 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Lanesha Minnix officer: SVP, Chief Legal Officer TWO LAKESIDE COMMONS, BUILDING TWO, 980 HAMMOND DRIVE, SUITE 500, ATLANTA GA 30328
John Lenander officer: President, FCO 5215 NORTH O'CONNOR BLVD SUITE 2300, IRVING TX 75039
Michael C. Mcmurray director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Garrison John L Jr director C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880