GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Snap-on Inc (NYSE:SNA) » Definitions » Cyclically Adjusted PS Ratio

Snap-on (Snap-on) Cyclically Adjusted PS Ratio : 3.12 (As of Apr. 27, 2024)


View and export this data going back to 1978. Start your Free Trial

What is Snap-on Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Snap-on's current share price is $270.70. Snap-on's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $86.72. Snap-on's Cyclically Adjusted PS Ratio for today is 3.12.

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

SNA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.46   Med: 2.77   Max: 3.71
Current: 3.12

During the past years, Snap-on's highest Cyclically Adjusted PS Ratio was 3.71. The lowest was 1.46. And the median was 2.77.

SNA's Cyclically Adjusted PS Ratio is ranked worse than
77.08% of 2151 companies
in the Industrial Products industry
Industry Median: 1.4 vs SNA: 3.12

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.

Snap-on's adjusted revenue per share data for the three months ended in Mar. 2024 was $23.884. 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 $86.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Snap-on Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Snap-on'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.

Snap-on Cyclically Adjusted PS Ratio Chart

Snap-on 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 2.63 2.55 2.91 2.82 3.35

Snap-on 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 2.97 3.40 2.97 3.35 3.42

Competitive Comparison of Snap-on's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, Snap-on'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.


Snap-on's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



Snap-on 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.

Snap-on's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=270.70/86.72
=3.12

* 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.

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

For example, Snap-on'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)
=23.884/129.4194*129.4194
=23.884

Current CPI (Mar. 2024) = 129.4194.

Snap-on Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 14.885 100.560 19.157
201409 14.575 100.428 18.783
201412 15.434 99.070 20.162
201503 14.978 99.621 19.458
201506 15.406 100.684 19.803
201509 14.934 100.392 19.252
201512 15.479 99.792 20.075
201603 15.134 100.470 19.495
201606 15.852 101.688 20.175
201609 15.273 101.861 19.405
201612 16.229 101.863 20.619
201703 16.255 102.862 20.452
201706 16.934 103.349 21.206
201709 16.858 104.136 20.951
201712 18.276 104.011 22.741
201803 17.621 105.290 21.659
201806 18.091 106.317 22.022
201809 17.095 106.507 20.773
201812 18.239 105.998 22.269
201903 17.892 107.251 21.590
201906 18.489 108.070 22.142
201909 17.714 108.329 21.163
201912 18.690 108.420 22.310
202003 17.056 108.902 20.269
202006 14.761 108.767 17.564
202009 18.748 109.815 22.095
202012 21.428 109.897 25.235
202103 20.203 111.754 23.396
202106 21.124 114.631 23.849
202109 20.492 115.734 22.915
202112 21.850 117.630 24.040
202203 21.828 121.301 23.289
202206 22.548 125.017 23.342
202209 21.993 125.227 22.729
202212 22.956 125.222 23.726
202303 23.594 127.348 23.978
202306 23.788 128.729 23.916
202309 23.269 129.860 23.190
202312 24.138 129.419 24.138
202403 23.884 129.419 23.884

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.


Snap-on  (NYSE:SNA) 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.


Snap-on Cyclically Adjusted PS Ratio Related Terms

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


Snap-on (Snap-on) Business Description

Address
2801 80th Street, Kenosha, WI, USA, 53143
Snap-on manufactures premium tools and software for repair professionals. Hand tools are sold through franchisee-operated mobile vans that serve auto technicians who purchase tools at their own expense. A unique element of its business model is that franchisees bear significant risk, as they must invest in the mobile van, inventory, and software. At the same time, franchisees extend personal credit directly to technicians on an individual tool basis. Snap-on currently operates three segments: repair systems and information, commercial and industrial, and tools. Its finance arm provides financing to franchisees to run their operations, which includes offering loans and leases for mobile vans.
Executives
Thomas J Ward officer: Sr VP & President - Tools 2801 80TH STREET, KENOSHA WI 53141
Aldo John Pagliari officer: SVP-Finance & CFO 2801 80TH STREET, KENOSHA WI 53143
Nicholas T Pinchuk director, officer: President and CEO 280180TH STREET, KENOSHA WI 53143
June C Lemerand officer: VP & Chief Information Officer 2801 80TH STREET, KENOSHA WI 53143
Timothy L Chambers officer: Sr VP & Pres - Tools 2801 80TH STREET, KENOSHA WI 53143
Iain Boyd officer: V.P. - Human Resources 2801 80TH STREET, KENOSHA WI 53143
Richard Thomas Miller officer: VP, Gen Counsel & Secretary 2801 80TH STREET, KENOSHA WI 53143
Jesus Arregui officer: Sr VP & President - Commercial 2801 80TH STREET, KENOSHA WI 53143
Anup R Banerjee officer: Sr VP & Chief Devel. Officer 2801 80TH STREET, KENOSHA WI 53143
Karen L Daniel director 2801 80TH STREET, KENOSHA WI 53141
William Dudley Lehman director
Marty V. Ozolins officer: Vice President & Controller 2801 80TH STREET, KENOSHA WI 53143
Richard K Strege officer: Vice President & Controller 2801 80TH STREET, KENOSHA WI 53143
Irwin M Shur officer: VP, Gen Counsel & Secretary SNAP-ON INCORPORATED, 2801 80TH STREET, KENOSHA WI 53143
Thomas L. Kassouf officer: SVP & Pres - Commercial Div 2801 80TH STREET, KENOSHA WI 53143

Snap-on (Snap-on) Headlines