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Eagers Automotive (ASX:APE) Cyclically Adjusted PS Ratio : 0.41 (As of May. 20, 2024)


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What is Eagers Automotive Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Eagers Automotive's current share price is A$12.26. Eagers Automotive's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was A$29.95. Eagers Automotive's Cyclically Adjusted PS Ratio for today is 0.41.

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

ASX:APE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.52   Max: 0.86
Current: 0.41

During the past 13 years, Eagers Automotive's highest Cyclically Adjusted PS Ratio was 0.86. The lowest was 0.15. And the median was 0.52.

ASX:APE's Cyclically Adjusted PS Ratio is ranked better than
63.26% of 999 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs ASX:APE: 0.41

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.

Eagers Automotive's adjusted revenue per share data of for the fiscal year that ended in Dec23 was A$38.727. 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 A$29.95 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eagers Automotive Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eagers Automotive'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.

Eagers Automotive Cyclically Adjusted PS Ratio Chart

Eagers Automotive 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 0.53 0.62 0.57 0.40 0.48

Eagers Automotive Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.57 - 0.40 - 0.48

Competitive Comparison of Eagers Automotive's Cyclically Adjusted PS Ratio

For the Auto & Truck Dealerships subindustry, Eagers Automotive'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.


Eagers Automotive's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eagers Automotive's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Eagers Automotive 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.

Eagers Automotive's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.26/29.95
=0.41

* 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.

Eagers Automotive's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Eagers Automotive's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=38.727/126.3989*126.3989
=38.727

Current CPI (Dec23) = 126.3989.

Eagers Automotive Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 15.327 99.002 19.569
201512 17.120 100.673 21.495
201612 19.629 102.159 24.286
201712 20.695 104.110 25.126
201812 21.358 105.967 25.476
201912 27.529 107.917 32.244
202012 34.039 108.846 39.528
202112 33.992 112.654 38.139
202212 33.565 121.477 34.925
202312 38.727 126.399 38.727

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.


Eagers Automotive  (ASX:APE) 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.


Eagers Automotive Cyclically Adjusted PS Ratio Related Terms

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


Eagers Automotive (ASX:APE) Business Description

Traded in Other Exchanges
N/A
Address
56 Edmondstone Street, Bowen Hills, Fortitude Valley, P.O. Box 199, Brisbane, QLD, AUS, 4006
Eagers Automotive is the largest automotive retailing group in the Australian market, with an estimated share of over 11% of new vehicle sales. The company offers a range of products and services, including the sale of new and used vehicles, vehicle repair services, and parts, among others. The company also facilitates vehicle financing through third-party providers. Additionally, Eagers operates a truck retailing business, offering a similar range of products and services.

Eagers Automotive (ASX:APE) Headlines

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