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Meritor (Meritor) Cyclically Adjusted PS Ratio : (As of May. 05, 2024)


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What is Meritor Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Meritor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Meritor'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.

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Meritor Cyclically Adjusted PS Ratio Chart

Meritor Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cyclically Adjusted PS Ratio
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Meritor Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Meritor's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Meritor'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.


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

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

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



Meritor 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.

Meritor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Meritor's adjusted Revenue per Share data for the three months ended in Mar. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=16.162/121.3010*121.3010
=16.162

Current CPI (Mar. 2022) = 121.3010.

Meritor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201206 11.451 96.819 14.347
201209 9.794 97.633 12.168
201212 9.214 96.871 11.538
201303 9.342 98.209 11.539
201306 10.216 98.518 12.579
201309 9.035 98.790 11.094
201312 9.119 98.326 11.250
201403 9.578 99.695 11.654
201406 9.683 100.560 11.680
201409 9.377 100.428 11.326
201412 8.686 99.070 10.635
201503 8.397 99.621 10.224
201506 9.063 100.684 10.919
201509 8.758 100.392 10.582
201512 8.579 99.792 10.428
201603 8.876 100.470 10.716
201606 9.141 101.688 10.904
201609 8.207 101.861 9.773
201612 7.898 101.863 9.405
201703 8.761 102.862 10.331
201706 9.861 103.349 11.574
201709 10.442 104.136 12.163
201712 10.192 104.011 11.886
201803 11.689 105.290 13.467
201806 12.572 106.317 14.344
201809 11.842 106.507 13.487
201812 11.863 105.998 13.576
201903 13.505 107.251 15.274
201906 13.621 108.070 15.289
201909 12.037 108.329 13.478
201912 11.165 108.420 12.491
202003 11.567 108.902 12.884
202006 7.129 108.767 7.951
202009 10.313 109.815 11.392
202012 12.145 109.897 13.405
202103 13.392 111.754 14.536
202106 13.956 114.631 14.768
202109 13.198 115.734 13.833
202112 13.820 117.630 14.251
202203 16.162 121.301 16.162

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.


Meritor  (NYSE:MTOR) 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.


Meritor Cyclically Adjusted PS Ratio Related Terms

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


Meritor (Meritor) Business Description

Traded in Other Exchanges
N/A
Address
2135 West Maple Road, Troy, MI, USA, 48084-7186
Meritor Inc is a manufacturer of automobile parts for commercial vehicles and industrial markets. The company offers drivetrain, axle, brake, and suspension solutions for commercial trucks, trailers, buses, coaches, off-highway machinery, and defence contractors. The company serves original equipment markets as well as the aftermarket segment for the transportation and industrial sectors. Meritor generates the majority of its revenue from its commercial truck and industrial segment. Geographically, sales are focused on North American markets.
Executives
Anderson Carl Douglas Ii officer: SVP and CFO C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
John Nelligan officer: SVP & Pres., Truck, Americas 2490 PEBBLE BEACH DRIVE OAKLAND MI 48363
Jeffrey A Craig director, officer: CEO & President MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Chris Villavarayan officer: Pres., Americas C/O MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084
Paul Bialy officer: VP, Controller & PAO C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Ken Hogan officer: SVP & Pres. Truck, EUR & APAC 8250 LINCOLN DR HUNTINGTON WOODS MI 48070
Elizabeth Anne Fessenden director 1137 WEST AVENUE, RICHMOND VA 23220
Bowes Timothy Earl Joseph officer: SVP & Pres. Ind & NA Aftmkt 2135 WEST MAPLE ROAD, TROY MI 48084
Ivor J Evans director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
William R Newlin director C/O CARMELL THERAPEUTICS CORPORATION, 2403 SIDNEY STREET, SUITE 300, PITTSBURGH PA 15203
Timothy J. Heffron officer: VP, HR & CIO C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Fazal F Merchant director 2230 E. IMPERIAL HIGHWAY, EL SEGUNDO CA 90245
Hannah S. Lim officer: SVP, CLO & Corp Sec 2135 WEST MAPLE ROAD, TROY MI 48084
Joseph A. Plomin officer: Pres., International C/O MERITOR, INC. 2135 WEST MAPLE ROAD TROY MI 48084
Boise April Miller officer: SVP, GC & Corp Sec C/O INTEL CORPORATION, 2200 MISSION COLLEGE BLVD, SANTA CLARA CA 95054