GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Timken Co (NYSE:TKR) » Definitions » Cyclically Adjusted PS Ratio

The Timken Co (The Timken Co) Cyclically Adjusted PS Ratio : 1.58 (As of Apr. 27, 2024)


View and export this data going back to 1957. Start your Free Trial

What is The Timken Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), The Timken Co's current share price is $84.98. The Timken Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $53.69. The Timken Co's Cyclically Adjusted PS Ratio for today is 1.58.

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

TKR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.06   Max: 2.08
Current: 1.58

During the past years, The Timken Co's highest Cyclically Adjusted PS Ratio was 2.08. The lowest was 0.53. And the median was 1.06.

TKR's Cyclically Adjusted PS Ratio is ranked worse than
55% of 2151 companies
in the Industrial Products industry
Industry Median: 1.4 vs TKR: 1.58

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.

The Timken Co's adjusted revenue per share data for the three months ended in Dec. 2023 was $15.378. 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 $53.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Timken Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Timken Co'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.

The Timken Co Cyclically Adjusted PS Ratio Chart

The Timken Co 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 1.31 1.79 1.53 1.41 1.49

The Timken Co 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 1.41 1.60 1.75 1.38 1.49

Competitive Comparison of The Timken Co's Cyclically Adjusted PS Ratio

For the Tools & Accessories subindustry, The Timken Co'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.


The Timken Co's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

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

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



The Timken Co 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.

The Timken Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=84.98/53.69
=1.58

* 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.

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

For example, The Timken Co'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)
=15.378/129.4194*129.4194
=15.378

Current CPI (Dec. 2023) = 129.4194.

The Timken Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 7.924 99.695 10.287
201406 8.604 100.560 11.073
201409 8.787 100.428 11.324
201412 8.491 99.070 11.092
201503 8.241 99.621 10.706
201506 8.450 100.684 10.862
201509 8.407 100.392 10.838
201512 8.440 99.792 10.946
201603 8.503 100.470 10.953
201606 8.493 101.688 10.809
201609 8.362 101.861 10.624
201612 8.339 101.863 10.595
201703 8.921 102.862 11.224
201706 9.498 103.349 11.894
201709 9.789 104.136 12.166
201712 9.851 104.011 12.257
201803 11.177 105.290 13.739
201806 11.546 106.317 14.055
201809 11.237 106.507 13.654
201812 11.756 105.998 14.354
201903 12.721 107.251 15.350
201906 12.952 108.070 15.511
201909 11.933 108.329 14.256
201912 11.657 108.420 13.915
202003 12.101 108.902 14.381
202006 10.615 108.767 12.631
202009 11.727 109.815 13.821
202012 11.549 109.897 13.601
202103 13.271 111.754 15.369
202106 13.759 114.631 15.534
202109 13.467 115.734 15.059
202112 13.158 117.630 14.477
202203 14.886 121.301 15.882
202206 15.552 125.017 16.100
202209 15.384 125.227 15.899
202212 14.691 125.222 15.183
202303 17.214 127.348 17.494
202306 17.546 128.729 17.640
202309 15.974 129.860 15.920
202312 15.378 129.419 15.378

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.


The Timken Co  (NYSE:TKR) 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.


The Timken Co Cyclically Adjusted PS Ratio Related Terms

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


The Timken Co (The Timken Co) Business Description

Traded in Other Exchanges
Address
4500 Mount Pleasant Street North West, North Canton, OH, USA, 44720-5450
The Timken Company is a manufacturer of bearings, gear belts, and chain-related products. The company sells its portfolio of bearings, including tapered, spherical and cylindrical roller bearings, and thrust and ball bearings, through a network of authorised dealers to end users or directly to original equipment manufacturers. End-market sectors include general industrial, automotive, rail, energy, heavy truck, defense, agriculture, metals, mining, civil aerospace, construction, pulp and paper, and cement industries. Its segments are Mobile Industries and Process industries. Timken generates its revenue in the United States of America.
Executives
Philip D. Fracassa officer: CFO 1835 DUEBER AVENUE SW, CANTON OH 44706-0928
Christopher A Coughlin officer: President-proc ind & supp chn 1835 DUEBER AVE SW, CANTON OH 44706
Timken John M Jr director 200 MARKET AVE N STE 210, CANTON OH 44702
Hansal N. Patel officer: VP, GC, and Secretary 4500 MOUNT PLEASANT ST. NW, NORTH CANTON OH 44720
Richard G Kyle officer: President-mob ind & aerospace 1835 DUEBER AVE SW, CANTON OH 44706
Jacqueline F Woods director
Natasha Pollock officer: VP - Human Resources 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Landin Bo Hans Olof officer: Group Vice President 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Timken Ward J Jr director, officer: Chairman of the Board 200 MARKET AVE N STE 210, CANTON OH 44702
Ronald J Myers officer: VP - Human Resources 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Sarah C Lauber director 833 EAST MICHIGAN STREET, SUITE 900, MILWAUKEE WI 53202
Shelly Marie Chadwick officer: Chief Accounting Officer 6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Karl Andreas Roellgen officer: VP - Europe, Asia and Africa 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720
Frank C Sullivan director
Elizabeth Ann Harrell director 4500 MT. PLEASANT ST. NW, NORTH CANTON OH 44720