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Barnes Group (Barnes Group) Cyclically Adjusted PS Ratio : 1.23 (As of Jun. 11, 2024)


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What is Barnes Group Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Barnes Group's current share price is $37.10. Barnes Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $30.23. Barnes Group's Cyclically Adjusted PS Ratio for today is 1.23.

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

B' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.71   Max: 3.24
Current: 1.23

During the past years, Barnes Group's highest Cyclically Adjusted PS Ratio was 3.24. The lowest was 0.68. And the median was 1.71.

B's Cyclically Adjusted PS Ratio is ranked better than
54.75% of 2199 companies
in the Industrial Products industry
Industry Median: 1.4 vs B: 1.23

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.

Barnes Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.395. 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 $30.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barnes Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Barnes 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.

Barnes Group Cyclically Adjusted PS Ratio Chart

Barnes 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 2.61 2.11 1.77 1.44 1.10

Barnes 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 1.39 1.44 1.15 1.10 1.23

Competitive Comparison of Barnes Group's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Barnes 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.


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

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

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



Barnes 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=37.10/30.23
=1.23

* 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.

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

For example, Barnes 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)
=8.395/131.7762*131.7762
=8.395

Current CPI (Mar. 2024) = 131.7762.

Barnes Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.759 100.560 7.547
201409 5.723 100.428 7.509
201412 5.590 99.070 7.435
201503 5.400 99.621 7.143
201506 5.655 100.684 7.401
201509 5.243 100.392 6.882
201512 5.208 99.792 6.877
201603 5.274 100.470 6.917
201606 5.613 101.688 7.274
201609 5.709 101.861 7.386
201612 5.938 101.863 7.682
201703 6.254 102.862 8.012
201706 6.661 103.349 8.493
201709 6.545 104.136 8.282
201712 6.848 104.011 8.676
201803 6.779 105.290 8.484
201806 7.063 106.317 8.754
201809 7.100 106.507 8.785
201812 7.379 105.998 9.174
201903 7.218 107.251 8.869
201906 7.183 108.070 8.759
201909 7.273 108.329 8.847
201912 7.205 108.420 8.757
202003 6.421 108.902 7.770
202006 4.618 108.767 5.595
202009 5.282 109.815 6.338
202012 5.667 109.897 6.795
202103 5.904 111.754 6.962
202106 6.285 114.631 7.225
202109 6.366 115.734 7.248
202112 6.091 117.630 6.824
202203 6.105 121.301 6.632
202206 6.299 125.017 6.640
202209 6.164 125.227 6.486
202212 6.100 125.222 6.419
202303 6.542 127.348 6.769
202306 6.617 128.729 6.774
202309 7.070 129.860 7.174
202312 8.124 129.419 8.272
202403 8.395 131.776 8.395

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.


Barnes Group  (NYSE:B) 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.


Barnes Group Cyclically Adjusted PS Ratio Related Terms

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


Barnes Group (Barnes Group) Business Description

Traded in Other Exchanges
Address
123 Main Street, Bristol, CT, USA, 06010
Barnes Group Inc is a U.S. based industrial and aerospace manufacturer and service provider. The company operates through two segments: Industrial and Aerospace. The industrial segment manufactures precision parts, products, and systems for critical applications in end markets including transportation, industrial equipment, and consumer products. The aerospace segment provides machined components and assemblies for original equipment manufacturer turbine engine, airframe and industrial gas turbine builders, and the military. This segment also provides aftermarket maintenance, overhaul and repair services for turbine engine manufacturers, airlines, and the military. The company generates around half of its revenue from the domestic American market.
Executives
Mylle H Mangum director 3231 S E SIXTH AVENUE, TOPEKA KS 66607
Thomas O Barnes director C/O BARNES GROUP INC, PO BOX 489, BRISTOL CT 06011-0489
Hans-peter Manner director 123 MAIN STREET, BRISTOL CT 06010
Marian Acker officer: VP, Controller 123 MAIN STREET, BRISTOL CT 06010
Jay B Knoll officer: SVP, Gen. Counsel & Secretary 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Thomas J Hook director 810 INNOVATION DR, KNOXVILLE TN 37932
Elijah Kent Barnes director 123 MAIN STREET, BRISTOL CT 06010
Neal J Keating director C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002
Julie K Streich officer: SVP, Finance and CFO 123 MAIN STREET, BRISTOL CT 06010
Dawn N Edwards officer: SVP, Human Resources 123 MAIN STREET, BRISTOL CT 06010
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Ian Malcolm Reason officer: SVP, BGI; Pres., Barnes Aero C/O BARNES GROUP INC., 123 MAIN STREET, BRISTOL CT 06010
Michael Andrew Beck officer: SVP, BGI; Pres., Barnes Aero 123 MAIN STREET, BRISTOL CT 06010
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lukas Hovorka officer: SVP, Corporate Development 123 MAIN STREET, BRISTOL CT 06010