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Gentex (FRA:GTX) Cyclically Adjusted PS Ratio : 4.15 (As of Jun. 07, 2024)


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What is Gentex Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Gentex's current share price is €31.80. Gentex's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.67. Gentex's Cyclically Adjusted PS Ratio for today is 4.15.

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

FRA:GTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.31   Med: 4.82   Max: 6.37
Current: 4.15

During the past years, Gentex's highest Cyclically Adjusted PS Ratio was 6.37. The lowest was 3.31. And the median was 4.82.

FRA:GTX's Cyclically Adjusted PS Ratio is ranked worse than
90.76% of 1006 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs FRA:GTX: 4.15

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.

Gentex's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.352. 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 €7.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gentex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gentex'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.

Gentex Cyclically Adjusted PS Ratio Chart

Gentex 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 5.38 5.84 5.34 3.74 4.08

Gentex 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 3.72 3.78 4.11 4.08 4.38

Competitive Comparison of Gentex's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Gentex'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.


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

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

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



Gentex 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=31.80/7.67
=4.15

* 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.

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

For example, Gentex'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)
=2.352/131.7762*131.7762
=2.352

Current CPI (Mar. 2024) = 131.7762.

Gentex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.850 100.560 1.114
201409 0.930 100.428 1.220
201412 0.950 99.070 1.264
201503 1.142 99.621 1.511
201506 1.136 100.684 1.487
201509 1.176 100.392 1.544
201512 1.267 99.792 1.673
201603 1.250 100.470 1.639
201606 1.294 101.688 1.677
201609 1.318 101.861 1.705
201612 1.367 101.863 1.768
201703 1.455 102.862 1.864
201706 1.361 103.349 1.735
201709 1.282 104.136 1.622
201712 1.359 104.011 1.722
201803 1.360 105.290 1.702
201806 1.429 106.317 1.771
201809 1.488 106.507 1.841
201812 1.509 105.998 1.876
201903 1.601 107.251 1.967
201906 1.617 108.070 1.972
201909 1.718 108.329 2.090
201912 1.596 108.420 1.940
202003 1.658 108.902 2.006
202006 0.845 108.767 1.024
202009 1.660 109.815 1.992
202012 1.800 109.897 2.158
202103 1.681 111.754 1.982
202106 1.482 114.631 1.704
202109 1.446 115.734 1.646
202112 1.593 117.630 1.785
202203 1.826 121.301 1.984
202206 1.894 125.017 1.996
202209 2.153 125.227 2.266
202212 2.024 125.222 2.130
202303 2.210 127.348 2.287
202306 2.339 128.729 2.394
202309 2.341 129.860 2.376
202312 2.366 129.419 2.409
202403 2.352 131.776 2.352

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.


Gentex  (FRA:GTX) 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.


Gentex Cyclically Adjusted PS Ratio Related Terms

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


Gentex (FRA:GTX) Business Description

Traded in Other Exchanges
Address
600 North Centennial Street, Zeeland, MI, USA, 49464
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2022 totaled about $1.9 billion with 44.2 million mirrors shipped. The unit mix breaks out as 65% interior and 35% exterior, versus about 32% exterior in 2020. The company is based in Zeeland, Michigan.