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Adient (FRA:18I) Cyclically Adjusted PS Ratio : 0.14 (As of Jun. 02, 2024)


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What is Adient Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Adient's current share price is €25.20. Adient's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €184.06. Adient's Cyclically Adjusted PS Ratio for today is 0.14.

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

FRA:18I' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.15   Max: 0.16
Current: 0.14

During the past years, Adient's highest Cyclically Adjusted PS Ratio was 0.16. The lowest was 0.14. And the median was 0.15.

FRA:18I's Cyclically Adjusted PS Ratio is ranked better than
89.94% of 1004 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs FRA:18I: 0.14

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.

Adient's adjusted revenue per share data for the three months ended in Mar. 2024 was €38.122. 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 €184.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adient Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Adient'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.

Adient Cyclically Adjusted PS Ratio Chart

Adient Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
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Adient 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 - - - - 0.17

Competitive Comparison of Adient's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Adient'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.


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

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

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



Adient 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.20/184.06
=0.14

* 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.

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

For example, Adient'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)
=38.122/120.9901*120.9901
=38.122

Current CPI (Mar. 2024) = 120.9901.

Adient Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201309 0.000 100.274 0.000
201409 0.000 100.474 0.000
201412 45.737 99.576 55.573
201503 51.724 99.975 62.597
201506 51.478 100.573 61.928
201509 39.204 100.274 47.303
201512 41.560 99.676 50.447
201603 41.279 99.676 50.106
201606 41.521 101.072 49.704
201609 37.136 100.274 44.808
201612 40.646 99.676 49.337
201703 41.742 100.374 50.316
201706 37.979 100.673 45.644
201709 35.666 100.474 42.949
201712 38.116 100.075 46.082
201803 39.907 100.573 48.008
201806 41.055 101.072 49.146
201809 38.074 101.371 45.443
201812 39.090 100.773 46.932
201903 40.019 101.670 47.624
201906 39.891 102.168 47.240
201909 37.916 102.268 44.857
201912 37.806 102.068 44.815
202003 33.875 102.367 40.038
202006 15.377 101.769 18.281
202009 32.557 101.072 38.973
202012 33.366 101.072 39.942
202103 33.416 102.367 39.495
202106 28.565 103.364 33.436
202109 24.535 104.859 28.309
202112 32.556 106.653 36.932
202203 33.581 109.245 37.191
202206 34.776 112.779 37.308
202209 38.764 113.504 41.321
202212 36.411 115.436 38.163
202303 38.340 117.609 39.442
202306 39.439 119.662 39.877
202309 36.857 120.749 36.931
202312 35.857 120.749 35.929
202403 38.122 120.990 38.122

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.


Adient  (FRA:18I) 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.


Adient Cyclically Adjusted PS Ratio Related Terms

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


Adient (FRA:18I) Business Description

Traded in Other Exchanges
Address
3 Dublin Landings, North Wall Quay, IFSC, Dublin 1, Dublin, IRL, D01 H104
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion.

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