GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » PACCAR Inc (BSP:P1AC34) » Definitions » Cyclically Adjusted PS Ratio

PACCAR (BSP:P1AC34) Cyclically Adjusted PS Ratio : 2.23 (As of Jun. 08, 2024)


View and export this data going back to 2020. Start your Free Trial

What is PACCAR Cyclically Adjusted PS Ratio?

As of today (2024-06-08), PACCAR's current share price is R$285.70. PACCAR's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$128.25. PACCAR's Cyclically Adjusted PS Ratio for today is 2.23.

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

BSP:P1AC34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.42   Max: 2.43
Current: 2.05

During the past years, PACCAR's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.94. And the median was 1.42.

BSP:P1AC34's Cyclically Adjusted PS Ratio is ranked worse than
78.03% of 173 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.03 vs BSP:P1AC34: 2.05

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.

PACCAR's adjusted revenue per share data for the three months ended in Mar. 2024 was R$41.369. 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 R$128.25 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PACCAR Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PACCAR'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.

PACCAR Cyclically Adjusted PS Ratio Chart

PACCAR 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 1.42 1.47 1.38 1.40 1.91

PACCAR 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 1.51 1.69 1.68 1.91 2.36

Competitive Comparison of PACCAR's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PACCAR 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.

PACCAR's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=285.70/128.25
=2.23

* 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.

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

For example, PACCAR'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)
=41.369/131.7762*131.7762
=41.369

Current CPI (Mar. 2024) = 131.7762.

PACCAR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.559 100.560 12.526
201409 10.779 100.428 14.144
201412 12.670 99.070 16.853
201503 14.211 99.621 18.798
201506 14.788 100.684 19.355
201509 17.720 100.392 23.260
201512 15.911 99.792 21.011
201603 15.088 100.470 19.789
201606 14.323 101.688 18.561
201609 13.098 101.861 16.945
201612 12.936 101.863 16.735
201703 12.526 102.862 16.047
201706 14.651 103.349 18.681
201709 14.971 104.136 18.945
201712 16.962 104.011 21.490
201803 17.482 105.290 21.880
201806 20.701 106.317 25.658
201809 22.431 106.507 27.753
201812 23.245 105.998 28.898
201903 23.881 107.251 29.342
201906 24.499 108.070 29.873
201909 25.181 108.329 30.631
201912 24.105 108.420 29.298
202003 24.207 108.902 29.292
202006 15.271 108.767 18.501
202009 25.560 109.815 30.672
202012 27.444 109.897 32.908
202103 31.515 111.754 37.161
202106 28.107 114.631 32.311
202109 26.002 115.734 29.606
202112 36.146 117.630 40.493
202203 30.776 121.301 33.434
202206 34.533 125.017 36.400
202209 35.366 125.227 37.216
202212 40.713 125.222 42.844
202303 42.081 127.348 43.544
202306 41.069 128.729 42.041
202309 40.880 129.860 41.483
202312 42.307 129.419 43.077
202403 41.369 131.776 41.369

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.


PACCAR  (BSP:P1AC34) 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.


PACCAR Cyclically Adjusted PS Ratio Related Terms

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


PACCAR (BSP:P1AC34) Business Description

Traded in Other Exchanges
Address
777-106th Avenue N.E., Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

PACCAR (BSP:P1AC34) Headlines

No Headlines