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MAN SE (CHIX:MAND) Cyclically Adjusted PS Ratio : (As of May. 29, 2024)


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What is MAN SE Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MAN SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for MAN SE'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.

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MAN SE Cyclically Adjusted PS Ratio Chart

MAN SE Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PS Ratio
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MAN SE Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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Competitive Comparison of MAN SE's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, MAN SE'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.


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

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

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



MAN SE 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.

MAN SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec20 is calculated as:

For example, MAN SE's adjusted Revenue per Share data for the fiscal year that ended in Dec20 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=73.728/105.5176*105.5176
=73.728

Current CPI (Dec20) = 105.5176.

MAN SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201112 112.054 95.998 123.166
201212 107.293 97.957 115.575
201312 107.898 99.356 114.589
201412 97.184 99.543 103.017
201512 93.211 99.717 98.634
201612 92.265 101.217 96.185
201712 75.422 102.617 77.554
201812 82.347 104.217 83.374
201912 86.143 105.818 85.899
202012 73.728 105.518 73.728

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.


MAN SE  (CHIX:MANd) 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.


MAN SE Cyclically Adjusted PS Ratio Related Terms

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MAN SE (CHIX:MAND) Business Description

Traded in Other Exchanges
N/A
Address
Dachauer Strasse 641, Munich, DEU, 80995
MAN is a commercial vehicle manufacturer and engineering company. The company organises itself into segments: MAN truck and bus and MAN Latin America, MAN truck and bus, which generates the majority of revenue, supplies commercial vehicles to Europe and Asian markets. MAN Latin America manufactures trucks and buses in Brazil.

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