GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volkswagen AG (BUD:VOLKSWAGEN) » Definitions » Cyclically Adjusted PS Ratio

Volkswagen AG (BUD:VOLKSWAGEN) Cyclically Adjusted PS Ratio : 0.22 (As of May. 14, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Volkswagen AG Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Volkswagen AG's current share price is Ft45970.00. Volkswagen AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was Ft210,329.00. Volkswagen AG's Cyclically Adjusted PS Ratio for today is 0.22.

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

BUD:VOLKSWAGEN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 0.53
Current: 0.21

During the past years, Volkswagen AG's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.18. And the median was 0.34.

BUD:VOLKSWAGEN's Cyclically Adjusted PS Ratio is ranked better than
82.06% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BUD:VOLKSWAGEN: 0.21

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.

Volkswagen AG's adjusted revenue per share data for the three months ended in Mar. 2024 was Ft58,681.308. 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 Ft210,329.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volkswagen AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Volkswagen AG'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.

Volkswagen AG Cyclically Adjusted PS Ratio Chart

Volkswagen AG 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 0.40 0.34 0.37 0.22 0.20

Volkswagen AG 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 0.23 0.22 0.20 0.20 0.22

Competitive Comparison of Volkswagen AG's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Volkswagen AG'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.


Volkswagen AG's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Volkswagen AG 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.

Volkswagen AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45970.00/210329
=0.22

* 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.

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

For example, Volkswagen AG'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)
=58681.308/123.6675*123.6675
=58,681.308

Current CPI (Mar. 2024) = 123.6675.

Volkswagen AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 50,375.560 99.543 62,584.457
201409 45,091.706 99.823 55,862.942
201412 48,304.037 99.543 60,010.885
201503 40,831.557 99.717 50,638.876
201506 44,997.553 100.417 55,416.429
201509 41,340.965 100.417 50,913.183
201512 41,328.338 99.717 51,254.979
201603 40,602.044 100.017 50,203.149
201606 45,795.685 100.717 56,231.313
201609 41,750.464 101.017 51,112.048
201612 43,270.931 101.217 52,868.719
201703 42,999.385 101.417 52,433.337
201706 47,548.864 102.117 57,583.450
201709 46,656.602 102.717 56,172.783
201712 50,364.896 102.617 60,696.519
201803 51,366.408 102.917 61,722.970
201806 51,106.521 104.017 60,761.197
201809 46,080.691 104.718 54,419.594
201812 49,872.077 104.217 59,179.706
201903 48,514.813 104.217 57,569.136
201906 52,695.006 105.718 61,642.145
201909 48,393.721 106.018 56,450.295
201912 52,477.333 105.818 61,329.501
202003 43,523.231 105.718 50,913.085
202006 33,093.312 106.618 38,385.402
202009 50,016.659 105.818 58,453.747
202012 58,662.366 105.518 68,752.778
202103 53,124.680 107.518 61,104.210
202106 58,003.854 108.486 66,121.019
202109 47,917.587 109.435 54,149.627
202112 51,413.705 110.384 57,601.040
202203 49,410.919 113.968 53,616.098
202206 52,560.407 115.760 56,150.585
202209 50,060.733 118.818 52,104.026
202212 57,722.949 119.345 59,813.639
202303 58,365.479 122.402 58,968.720
202306 62,054.534 123.140 62,320.157
202309 60,200.434 124.195 59,944.935
202312 68,017.795 123.668 68,017.795
202403 58,681.308 123.668 58,681.308

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.


Volkswagen AG  (BUD:VOLKSWAGEN) 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.


Volkswagen AG Cyclically Adjusted PS Ratio Related Terms

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


Volkswagen AG (BUD:VOLKSWAGEN) Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

Volkswagen AG (BUD:VOLKSWAGEN) Headlines

No Headlines