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GATX (STU:GAX) Cyclically Adjusted PS Ratio : 3.33 (As of May. 23, 2024)


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What is GATX Cyclically Adjusted PS Ratio?

As of today (2024-05-23), GATX's current share price is €128.00. GATX's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €38.44. GATX's Cyclically Adjusted PS Ratio for today is 3.33.

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

STU:GAX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.34   Max: 3.45
Current: 3.33

During the past years, GATX's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 1.32. And the median was 2.34.

STU:GAX's Cyclically Adjusted PS Ratio is ranked worse than
84.13% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs STU:GAX: 3.33

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.

GATX's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.736. 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 €38.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GATX Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GATX'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.

GATX Cyclically Adjusted PS Ratio Chart

GATX 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 2.54 2.48 2.86 2.73 2.96

GATX 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 2.76 3.19 2.68 2.96 3.23

Competitive Comparison of GATX's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, GATX'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.


GATX's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GATX's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



GATX 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=128.00/38.44
=3.33

* 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.

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

For example, GATX'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)
=9.736/131.7762*131.7762
=9.736

Current CPI (Mar. 2024) = 131.7762.

GATX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.815 100.560 7.620
201409 6.819 100.428 8.948
201412 7.250 99.070 9.643
201503 6.594 99.621 8.722
201506 7.364 100.684 9.638
201509 7.929 100.392 10.408
201512 8.104 99.792 10.701
201603 7.184 100.470 9.422
201606 7.772 101.688 10.072
201609 7.964 101.861 10.303
201612 8.582 101.863 11.102
201703 7.407 102.862 9.489
201706 7.850 103.349 10.009
201709 7.697 104.136 9.740
201712 7.683 104.011 9.734
201803 6.431 105.290 8.049
201806 7.791 106.317 9.657
201809 7.784 106.507 9.631
201812 3.978 105.998 4.945
201903 7.562 107.251 9.291
201906 7.174 108.070 8.748
201909 7.536 108.329 9.167
201912 7.554 108.420 9.181
202003 7.654 108.902 9.262
202006 7.538 108.767 9.133
202009 7.300 109.815 8.760
202012 7.080 109.897 8.490
202103 7.155 111.754 8.437
202106 7.311 114.631 8.404
202109 7.402 115.734 8.428
202112 7.891 117.630 8.840
202203 7.985 121.301 8.675
202206 8.217 125.017 8.661
202209 9.082 125.227 9.557
202212 8.485 125.222 8.929
202303 8.842 127.348 9.149
202306 8.873 128.729 9.083
202309 9.425 129.860 9.564
202312 9.392 129.419 9.563
202403 9.736 131.776 9.736

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.


GATX  (STU:GAX) 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.


GATX Cyclically Adjusted PS Ratio Related Terms

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


GATX (STU:GAX) Business Description

Industry
Traded in Other Exchanges
Address
233 South Wacker Drive, Chicago, IL, USA, 60606-7147
GATX Corp is a provider of railcar leasing and maintenance services. GATX operates four business segments: rail North America, rail international, and portfolio management. The rail business offers railcar leasing and maintenance, as well as asset-related, financial, and management services. The company owns and leases fleets in North America, Europe, and Asia, which consist of tank and freight railcars. Industries served to include refining and petroleum, chemicals and plastics, railroads and other transportation, mining, and food and agriculture.

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