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PACCAR (BUE:PCAR) Cyclically Adjusted PS Ratio : 2.36 (As of Jun. 08, 2024)


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What is PACCAR Cyclically Adjusted PS Ratio?

As of today (2024-06-08), PACCAR's current share price is ARS100.8807. PACCAR's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ARS42.79. PACCAR's Cyclically Adjusted PS Ratio for today is 2.36.

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

BUE:PCAR' 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.

BUE:PCAR'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 BUE:PCAR: 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 ARS41,993.655. 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 ARS42.79 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
=100.8807/42.79
=2.36

* 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)
=41993.655/131.7762*131.7762
=41,993.655

Current CPI (Mar. 2024) = 131.7762.

PACCAR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 208.409 100.560 273.105
201409 232.906 100.428 305.607
201412 246.056 99.070 327.288
201503 239.388 99.621 316.656
201506 259.099 100.684 339.112
201509 256.110 100.392 336.176
201512 318.388 99.792 420.432
201603 357.513 100.470 468.911
201606 350.941 101.688 454.780
201609 360.360 101.861 466.193
201612 366.861 101.863 474.595
201703 370.489 102.862 474.631
201706 439.823 103.349 560.800
201709 502.486 104.136 635.860
201712 589.782 104.011 747.221
201803 644.540 105.290 806.681
201806 821.456 106.317 1,018.168
201809 1,205.374 106.507 1,491.358
201812 1,354.167 105.998 1,683.495
201903 1,458.311 107.251 1,791.793
201906 1,703.353 108.070 2,077.010
201909 2,051.157 108.329 2,495.109
201912 2,106.262 108.420 2,559.998
202003 1,844.993 108.902 2,232.533
202006 1,208.986 108.767 1,464.738
202009 2,108.450 109.815 2,530.108
202012 2,604.695 109.897 3,123.265
202103 3,022.748 111.754 3,564.300
202106 3,177.002 114.631 3,652.169
202109 2,889.774 115.734 3,290.325
202112 3,873.215 117.630 4,339.027
202203 3,984.202 121.301 4,328.266
202206 4,939.257 125.017 5,206.312
202209 5,622.985 125.227 5,917.083
202212 7,807.378 125.222 8,216.034
202303 9,576.090 127.348 9,909.090
202306 12,184.459 128.729 12,472.912
202309 17,380.384 129.860 17,636.915
202312 18,702.355 129.419 19,042.935
202403 41,993.655 131.776 41,993.655

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  (BUE:PCAR) 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 (BUE:PCAR) 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 (BUE:PCAR) Headlines

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