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ACCO Brands (ACCO Brands) Cyclically Adjusted PS Ratio : 0.24 (As of Jun. 08, 2024)


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What is ACCO Brands Cyclically Adjusted PS Ratio?

As of today (2024-06-08), ACCO Brands's current share price is $4.96. ACCO Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $21.03. ACCO Brands's Cyclically Adjusted PS Ratio for today is 0.24.

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

ACCO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.36   Max: 0.71
Current: 0.24

During the past years, ACCO Brands's highest Cyclically Adjusted PS Ratio was 0.71. The lowest was 0.16. And the median was 0.36.

ACCO's Cyclically Adjusted PS Ratio is ranked better than
92.49% of 2198 companies
in the Industrial Products industry
Industry Median: 1.42 vs ACCO: 0.24

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.

ACCO Brands's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.750. 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 $21.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACCO Brands Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ACCO Brands'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.

ACCO Brands Cyclically Adjusted PS Ratio Chart

ACCO Brands 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 0.48 0.45 0.43 0.28 0.29

ACCO Brands 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 0.26 0.25 0.28 0.29 0.27

Competitive Comparison of ACCO Brands's Cyclically Adjusted PS Ratio

For the Business Equipment & Supplies subindustry, ACCO Brands'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.


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

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

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



ACCO Brands 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.

ACCO Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.96/21.03
=0.24

* 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.

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

For example, ACCO Brands'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)
=3.75/131.7762*131.7762
=3.750

Current CPI (Mar. 2024) = 131.7762.

ACCO Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.668 100.560 4.807
201409 4.036 100.428 5.296
201412 3.996 99.070 5.315
201503 2.589 99.621 3.425
201506 3.569 100.684 4.671
201509 3.777 100.392 4.958
201512 3.819 99.792 5.043
201603 2.570 100.470 3.371
201606 3.762 101.688 4.875
201609 3.942 101.861 5.100
201612 3.975 101.863 5.142
201703 3.201 102.862 4.101
201706 4.379 103.349 5.583
201709 4.825 104.136 6.106
201712 5.195 104.011 6.582
201803 3.689 105.290 4.617
201806 4.619 106.317 5.725
201809 4.790 106.507 5.926
201812 5.075 105.998 6.309
201903 3.850 107.251 4.730
201906 5.075 108.070 6.188
201909 5.113 108.329 6.220
201912 5.467 108.420 6.645
202003 3.939 108.902 4.766
202006 3.854 108.767 4.669
202009 4.645 109.815 5.574
202012 4.803 109.897 5.759
202103 4.317 111.754 5.090
202106 5.327 114.631 6.124
202109 5.413 115.734 6.163
202112 5.855 117.630 6.559
202203 4.590 121.301 4.986
202206 5.349 125.017 5.638
202209 5.139 125.227 5.408
202212 5.290 125.222 5.567
202303 4.242 127.348 4.390
202306 5.126 128.729 5.247
202309 4.633 129.860 4.701
202312 5.111 129.419 5.204
202403 3.750 131.776 3.750

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.


ACCO Brands  (NYSE:ACCO) 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.


ACCO Brands Cyclically Adjusted PS Ratio Related Terms

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


ACCO Brands (ACCO Brands) Business Description

Traded in Other Exchanges
Address
Four Corporate Drive, Lake Zurich, IL, USA, 60047
ACCO Brands Corp designs, manufactures, and markets consumer and business products. It operates through three segments: ACCO Brands North America, ACCO Brands EMEA, and ACCO Brands International. The company offers school notebooks, janitorial supplies, and whiteboards; storage and organization products, such as three-ring and lever-arch binders, sheet protectors, and indexes, and punching products; computer accessories and others used in schools, homes, and businesses. It offers its products primarily under the AT-A-GLANCE, Five Star, GBC, Hilroy, Kensington, Quartet, Leitz, NOBO, Rapid, Rexel, Tilibra, and Wilson Jones brands. The company markets and sells its products through various channels, including mass retailers; e-tailers; discount, and variety chains; and warehouse clubs.
Executives
Paul P Daniel officer: SVP and CIO C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Joseph B Burton director 345 ENCINAL STREET, SANTA CRUZ CA 95060
Deborah A Oconnor officer: EVP and CFO C/O ACCO BRANDS CORP, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Gregory J. Mccormack officer: Sr. Vice Pres, Global Products FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Roxanne M Bernstein officer: EVP & Pres, ACCO Brands N.A. C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Boris Elisman director, officer: Chairman, President & CEO C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Gina Boswell director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Angela Y Jones officer: SVP, Global Chief People Offic 9900 W. 109 STREET, SUITE 100, OVERLAND PARK KS 66210
Thomas W Tedford officer: Exec VP & Pres US Office & Con C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Neal V Fenwick officer: Executive VP and CFO FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Pamela R Schneider officer: Sr VP, General Counsel & Sec C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Patrick Buchenroth officer: ExecVP, Pres ACCO Brands Intl C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Ralph Paul Hargrow officer: Sr VP & Chief People Officer C/O ACCO BRANDS CORPORATION, FOUR CORPORATE DRIVE, LAKE ZURICH IL 60047
Ronald M. Lombardi director 660 WHITE PLAINS RD., TARRYTOWN NY 10591
James Dudek officer: SVP, Corp Controller and CAO C/O RICHARDSON ELECTRONICS, LTD, PO BOX 393, 40W267 KESLINGER ROAD, LAFOX IL 60147