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Autohome (HKSE:02518) Cyclically Adjusted PS Ratio : 3.48 (As of May. 14, 2024)


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What is Autohome Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Autohome's current share price is HK$57.95. Autohome's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was HK$16.67. Autohome's Cyclically Adjusted PS Ratio for today is 3.48.

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

HKSE:02518' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.89   Med: 3.86   Max: 5.23
Current: 3.55

During the past years, Autohome's highest Cyclically Adjusted PS Ratio was 5.23. The lowest was 2.89. And the median was 3.86.

HKSE:02518's Cyclically Adjusted PS Ratio is ranked worse than
71.04% of 297 companies
in the Interactive Media industry
Industry Median: 1.55 vs HKSE:02518: 3.55

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.

Autohome's adjusted revenue per share data for the three months ended in Mar. 2024 was HK$3.602. 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 HK$16.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Autohome Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Autohome'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.

Autohome Cyclically Adjusted PS Ratio Chart

Autohome 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 - - 3.98 3.95 3.37

Autohome 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 4.24 3.64 3.69 3.37 3.11

Competitive Comparison of Autohome's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, Autohome'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.


Autohome's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Autohome's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Autohome 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=57.95/16.67
=3.48

* 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.

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

For example, Autohome'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)
=3.602/114.6694*114.6694
=3.602

Current CPI (Mar. 2024) = 114.6694.

Autohome Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.402 98.200 1.637
201409 1.527 98.900 1.770
201412 2.036 99.000 2.358
201503 1.679 99.900 1.927
201506 2.320 99.500 2.674
201509 2.366 100.500 2.700
201512 2.806 100.600 3.198
201603 2.820 102.200 3.164
201606 3.504 101.400 3.963
201609 3.695 102.400 4.138
201612 4.845 102.600 5.415
201703 3.242 103.200 3.602
201706 3.802 103.100 4.229
201709 3.880 104.100 4.274
201712 4.369 104.500 4.794
201803 3.354 105.300 3.652
201806 4.750 104.900 5.192
201809 4.526 106.600 4.869
201812 5.216 106.500 5.616
201903 3.947 107.700 4.202
201906 5.474 107.700 5.828
201909 5.000 109.800 5.222
201912 5.421 111.200 5.590
202003 3.574 112.300 3.649
202006 5.285 110.400 5.489
202009 5.491 111.700 5.637
202012 6.115 111.500 6.289
202103 4.527 112.662 4.608
202106 4.634 111.769 4.754
202109 4.202 112.215 4.294
202112 4.099 113.108 4.156
202203 3.594 114.335 3.605
202206 4.054 114.558 4.058
202209 4.127 115.339 4.103
202212 4.285 115.116 4.268
202303 3.530 115.116 3.516
202306 4.062 114.558 4.066
202309 4.164 115.339 4.140
202312 4.306 114.669 4.306
202403 3.602 114.669 3.602

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.


Autohome  (HKSE:02518) 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.


Autohome Cyclically Adjusted PS Ratio Related Terms

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


Autohome (HKSE:02518) Business Description

Traded in Other Exchanges
Address
3 Dan Ling Street, 18th Floor, Tower B, CEC Plaza, Haidian District, Beijing, CHN, 100080
Founded in 2008 as a media content platform, Autohome is the leading online automobile platform in China, ranking first among automotive service platforms in terms of mobile daily active users, according to QuestMobile. Through its two websites, autohome.com.cn and che168.com, Autohome delivers comprehensive, independent and interactive content and tools to automobile consumers as well as a full suite of services to automakers and dealers. According to iResearch, the company was the largest online automotive advertising and lead generation service provider with 30% market share, in terms of media services and lead generation revenue, in China's online auto platform media advertising market in 2019.

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