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General Dynamics (CHIX:GDXD) Cyclically Adjusted PS Ratio : 1.94 (As of Jun. 05, 2024)


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What is General Dynamics Cyclically Adjusted PS Ratio?

As of today (2024-06-05), General Dynamics's current share price is €252.90. General Dynamics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €130.12. General Dynamics's Cyclically Adjusted PS Ratio for today is 1.94.

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

CHIX:GDXd' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1   Med: 1.68   Max: 2.41
Current: 2.05

During the past years, General Dynamics's highest Cyclically Adjusted PS Ratio was 2.41. The lowest was 1.00. And the median was 1.68.

CHIX:GDXd's Cyclically Adjusted PS Ratio is ranked worse than
62.44% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs CHIX:GDXd: 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.

General Dynamics's adjusted revenue per share data for the three months ended in Mar. 2024 was €35.640. 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 €130.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Dynamics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Cyclically Adjusted PS Ratio Chart

General Dynamics 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 1.65 1.33 1.70 1.86 1.83

General Dynamics 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 1.67 1.55 1.57 1.83 1.94

Competitive Comparison of General Dynamics's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



General Dynamics 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.

General Dynamics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=252.90/130.12
=1.94

* 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.

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

For example, General Dynamics'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)
=35.64/131.7762*131.7762
=35.640

Current CPI (Mar. 2024) = 131.7762.

General Dynamics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.048 100.560 21.030
201409 17.786 100.428 23.338
201412 20.184 99.070 26.847
201503 21.490 99.621 28.426
201506 21.190 100.684 27.734
201509 22.124 100.392 29.040
201512 23.417 99.792 30.922
201603 21.415 100.470 28.088
201606 22.304 101.688 28.903
201609 22.027 101.861 28.496
201612 23.545 101.863 30.459
201703 22.642 102.862 29.007
201706 22.370 103.349 28.523
201709 20.937 104.136 26.494
201712 23.156 104.011 29.337
201803 20.295 105.290 25.400
201806 26.199 106.317 32.473
201809 26.058 106.507 32.240
201812 30.776 105.998 38.261
201903 28.175 107.251 34.618
201906 29.078 108.070 35.457
201909 30.468 108.329 37.062
201912 33.337 108.420 40.519
202003 27.308 108.902 33.044
202006 28.670 108.767 34.735
202009 27.877 109.815 33.452
202012 29.970 109.897 35.937
202103 27.654 111.754 32.608
202106 27.116 114.631 31.172
202109 29.004 115.734 33.024
202112 32.441 117.630 36.343
202203 30.464 121.301 33.095
202206 31.163 125.017 32.848
202209 36.452 125.227 38.359
202212 36.903 125.222 38.835
202303 33.360 127.348 34.520
202306 34.063 128.729 34.869
202309 36.052 129.860 36.584
202312 38.688 129.419 39.393
202403 35.640 131.776 35.640

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.


General Dynamics  (CHIX:GDXd) 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.


General Dynamics Cyclically Adjusted PS Ratio Related Terms

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


General Dynamics (CHIX:GDXD) Business Description

Traded in Other Exchanges
Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (CHIX:GDXD) Headlines