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Inchcape (Inchcape) Cyclically Adjusted PS Ratio : 0.33 (As of May. 26, 2024)


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What is Inchcape Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Inchcape's current share price is $8.90. Inchcape's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $26.83. Inchcape's Cyclically Adjusted PS Ratio for today is 0.33.

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

IHCPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.38   Max: 0.51
Current: 0.36

During the past 13 years, Inchcape's highest Cyclically Adjusted PS Ratio was 0.51. The lowest was 0.24. And the median was 0.38.

IHCPF's Cyclically Adjusted PS Ratio is ranked better than
68.5% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs IHCPF: 0.36

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.

Inchcape's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $34.751. 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 $26.83 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Inchcape Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Inchcape'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.

Inchcape Cyclically Adjusted PS Ratio Chart

Inchcape 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 0.40 0.35 0.47 0.39 0.31

Inchcape Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.47 - 0.39 - 0.31

Competitive Comparison of Inchcape's Cyclically Adjusted PS Ratio

For the Auto & Truck Dealerships subindustry, Inchcape'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.


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

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

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



Inchcape 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.90/26.83
=0.33

* 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.

Inchcape's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Inchcape's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=34.751/130.5000*130.5000
=34.751

Current CPI (Dec23) = 130.5000.

Inchcape Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 22.774 99.900 29.750
201512 22.949 100.400 29.829
201612 22.629 102.200 28.895
201712 28.524 105.000 35.451
201812 28.136 107.100 34.283
201912 29.857 108.500 35.911
202012 23.178 109.400 27.648
202112 23.227 114.700 26.427
202212 23.523 125.300 24.499
202312 34.751 130.500 34.751

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.


Inchcape  (OTCPK:IHCPF) 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.


Inchcape Cyclically Adjusted PS Ratio Related Terms

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


Inchcape (Inchcape) Business Description

Traded in Other Exchanges
Address
22a St James's Square, London, GBR, SW1Y 5LP
Inchcape PLC, headquartered in the United Kingdom, is a distributor and retailer of premium and luxury automobiles through partnerships with original equipment manufacturers (OEMs). The company has four reportable segments and two operating business units: distribution and retail. The distribution segment delivers new vehicles and parts in three geographies (Europe, Asia Pacific (APAC), the Americas, and Africa) and provides associated marketing and logistics operations. The retail segment sells new and used vehicles in the U.K. and Europe. The company's profitable revenue sources are distribution services performed in APAC and retail services in the U.K. and Europe.

Inchcape (Inchcape) Headlines

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