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Rheinmetall AG (LTS:0NI1) Cyclically Adjusted PS Ratio : 3.29 (As of Jun. 02, 2024)


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What is Rheinmetall AG Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Rheinmetall AG's current share price is €526.00. Rheinmetall AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €159.95. Rheinmetall AG's Cyclically Adjusted PS Ratio for today is 3.29.

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

LTS:0NI1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.78   Max: 3.38
Current: 3.29

During the past years, Rheinmetall AG's highest Cyclically Adjusted PS Ratio was 3.38. The lowest was 0.40. And the median was 0.78.

LTS:0NI1's Cyclically Adjusted PS Ratio is ranked worse than
73.95% of 215 companies
in the Aerospace & Defense industry
Industry Median: 1.51 vs LTS:0NI1: 3.29

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.

Rheinmetall AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €33.898. 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 €159.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rheinmetall AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rheinmetall AG'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.

Rheinmetall AG Cyclically Adjusted PS Ratio Chart

Rheinmetall AG 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 0.76 0.64 0.59 1.22 1.81

Rheinmetall AG 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 1.75 1.59 1.53 1.81 3.25

Competitive Comparison of Rheinmetall AG's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Rheinmetall AG'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.


Rheinmetall AG's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rheinmetall AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Rheinmetall AG 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.

Rheinmetall AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=526.00/159.95
=3.29

* 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.

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

For example, Rheinmetall AG'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)
=33.898/125.0381*125.0381
=33.898

Current CPI (Mar. 2024) = 125.0381.

Rheinmetall AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 28.781 99.543 36.153
201409 28.392 99.823 35.564
201412 38.386 99.543 48.218
201503 29.325 99.717 36.772
201506 31.670 100.417 39.435
201509 30.960 100.417 38.551
201512 37.650 99.717 47.211
201603 29.046 100.017 36.313
201606 33.347 100.717 41.400
201609 30.139 101.017 37.306
201612 39.777 101.217 49.138
201703 31.477 101.417 38.808
201706 34.270 102.117 41.962
201709 31.494 102.717 38.338
201712 40.160 102.617 48.935
201803 28.875 102.917 35.081
201806 34.931 104.017 41.990
201809 32.984 104.718 39.385
201812 46.023 104.217 55.218
201903 31.034 104.217 37.234
201906 34.256 105.718 40.516
201909 34.557 106.018 40.757
201912 45.259 105.818 53.480
202003 31.339 105.718 37.066
202006 26.157 106.618 30.676
202009 29.519 105.818 34.881
202012 40.891 105.518 48.456
202103 29.501 107.518 34.308
202106 30.903 108.486 35.618
202109 29.124 109.435 33.277
202112 41.959 110.384 47.530
202203 29.231 113.968 32.070
202206 32.853 115.760 35.486
202209 32.343 118.818 34.036
202212 53.837 119.345 56.405
202303 30.075 122.402 30.723
202306 34.507 123.140 35.039
202309 40.330 124.195 40.604
202312 46.690 123.773 47.167
202403 33.898 125.038 33.898

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.


Rheinmetall AG  (LTS:0NI1) 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.


Rheinmetall AG Cyclically Adjusted PS Ratio Related Terms

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


Rheinmetall AG (LTS:0NI1) Business Description

Address
Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.

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