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SPX Technologies (SPX Technologies) Cyclically Adjusted PS Ratio : 3.20 (As of Jun. 08, 2024)


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What is SPX Technologies Cyclically Adjusted PS Ratio?

As of today (2024-06-08), SPX Technologies's current share price is $132.71. SPX Technologies's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $41.49. SPX Technologies's Cyclically Adjusted PS Ratio for today is 3.20.

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

SPXC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.48   Max: 3.48
Current: 3.2

During the past years, SPX Technologies's highest Cyclically Adjusted PS Ratio was 3.48. The lowest was 0.10. And the median was 0.48.

SPXC's Cyclically Adjusted PS Ratio is ranked worse than
88.87% of 1285 companies
in the Construction industry
Industry Median: 0.64 vs SPXC: 3.20

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.

SPX Technologies's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.965. 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 $41.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPX Technologies Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SPX Technologies'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.

SPX Technologies Cyclically Adjusted PS Ratio Chart

SPX Technologies 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 0.85 1.02 1.20 1.52 2.36

SPX Technologies 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 1.69 2.13 2.15 2.36 2.97

Competitive Comparison of SPX Technologies's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, SPX Technologies'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.


SPX Technologies's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, SPX Technologies's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SPX Technologies 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.

SPX Technologies's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=132.71/41.49
=3.20

* 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.

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

For example, SPX Technologies'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)
=9.965/131.7762*131.7762
=9.965

Current CPI (Mar. 2024) = 131.7762.

SPX Technologies Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 27.223 100.560 35.674
201409 11.714 100.428 15.371
201412 7.285 99.070 9.690
201503 9.291 99.621 12.290
201506 11.315 100.684 14.809
201509 9.200 100.392 12.076
201512 8.484 99.792 11.203
201603 8.678 100.470 11.382
201606 8.929 101.688 11.571
201609 8.122 101.861 10.507
201612 9.195 101.863 11.895
201703 7.838 102.862 10.041
201706 8.250 103.349 10.519
201709 7.909 104.136 10.008
201712 8.709 104.011 11.034
201803 7.934 105.290 9.930
201806 8.479 106.317 10.509
201809 8.073 106.507 9.988
201812 9.374 105.998 11.654
201903 7.656 107.251 9.407
201906 8.295 108.070 10.115
201909 8.075 108.329 9.823
201912 0.946 108.420 1.150
202003 8.070 108.902 9.765
202006 5.652 108.767 6.848
202009 5.846 109.815 7.015
202012 7.503 109.897 8.997
202103 6.200 111.754 7.311
202106 6.372 114.631 7.325
202109 6.124 115.734 6.973
202112 7.508 117.630 8.411
202203 6.612 121.301 7.183
202206 7.648 125.017 8.062
202209 8.031 125.227 8.451
202212 9.307 125.222 9.794
202303 8.616 127.348 8.916
202306 9.078 128.729 9.293
202309 9.598 129.860 9.740
202312 10.037 129.419 10.220
202403 9.965 131.776 9.965

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.


SPX Technologies  (NYSE:SPXC) 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.


SPX Technologies Cyclically Adjusted PS Ratio Related Terms

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


SPX Technologies (SPX Technologies) Business Description

Traded in Other Exchanges
Address
6325 Ardrey Kell Road, Suite 400, Charlotte, NC, USA, 28277
SPX Technologies Inc supplies engineered heating, ventilation, and air conditioning, or HVAC, products, as well as detection and measurement technologies and power equipment. The company operates through three segments. The HVAC segment designs, manufactures, installs, and services cooling products, as well as heating and ventilation products. The detection and measurement technologies segment designs, manufactures, and installs underground pipe and cable locators and inspection equipment, bus-fare collection systems, and others. The Engineered Solutions segment engineers, designs, manufactures, installs and services transformers for the power transmission and distribution market. The company generates almost all of its revenue from American domestic market.
Executives
Natausha Heleena White officer: VP and CHRO C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
J Randall Data officer: Pres. - S. Africa & Global Op. 13024 BALLANTYNE CORPORATE PLACE, SUITE 700, CHARLOTTE NC 28277
Wayne M. Mclaren officer: Chief Accounting Officer C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
John Webster Nurkin officer: VP, Gen. Counsel & Secretary C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Mark A Carano officer: VP, CFO & Treasurer 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Sean Mcclenaghan officer: PRESIDENT, GLOBAL COOLING SPX TECHNOLOGIES, INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE NC 28277
Swann John William Iii officer: Pres., Heating and Location & C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael Andrew Reilly officer: Corp. Controller and CAO 2007 CHANNELSTONE WAY, MATTHEWS NC 28104
Lowe Eugene Joseph Iii director, officer: President and CEO 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
James E Harris officer: VP, CFO and Treasurer C/O RXO, INC., 11215 N. COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Ankush Kumar officer: President, SPX Global Cooling C/O SPX CORPORATION, 6325 ARDREY KELL ROAD, CHARLOTTE NC 28277
Brian G. Mason officer: Pres. - SPX Transformer Sol. C/O SPX CORPORATION, 13320-A BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Angel S Willis director C/O SEALED AIR CORPORATION, 2415 CASCADE POINTE BOULEVARD, CHARLOTTE NC 28208
Scott William Sproule officer: VP, CFO and Treasurer C/O SPX CORPORATION, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Meenal Sethna director 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

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