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Thor Industries (STU:TIV) Cyclically Adjusted PS Ratio : 0.53 (As of May. 23, 2024)


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What is Thor Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-23), Thor Industries's current share price is €90.84. Thor Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €171.29. Thor Industries's Cyclically Adjusted PS Ratio for today is 0.53.

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

STU:TIV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 0.99   Max: 2.23
Current: 0.52

During the past years, Thor Industries's highest Cyclically Adjusted PS Ratio was 2.23. The lowest was 0.37. And the median was 0.99.

STU:TIV's Cyclically Adjusted PS Ratio is ranked better than
56.34% of 1001 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs STU:TIV: 0.52

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.

Thor Industries's adjusted revenue per share data for the three months ended in Jan. 2024 was €37.769. 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 €171.29 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Thor Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Thor Industries'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.

Thor Industries Cyclically Adjusted PS Ratio Chart

Thor Industries Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 1.11 0.94 0.52 0.65

Thor Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.56 0.45 0.65 0.48 0.61

Competitive Comparison of Thor Industries's Cyclically Adjusted PS Ratio

For the Recreational Vehicles subindustry, Thor Industries'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.


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

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

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



Thor Industries 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.

Thor Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90.84/171.29
=0.53

* 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.

Thor Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Thor Industries's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=37.769/130.1244*130.1244
=37.769

Current CPI (Jan. 2024) = 130.1244.

Thor Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 14.197 100.023 18.469
201407 14.436 100.520 18.688
201410 13.614 100.176 17.684
201501 13.729 98.604 18.118
201504 20.282 99.824 26.438
201507 18.245 100.691 23.578
201510 17.471 100.346 22.656
201601 17.086 99.957 22.243
201604 21.506 100.947 27.722
201607 22.217 101.524 28.476
201610 29.434 101.988 37.554
201701 28.312 102.456 35.958
201704 35.628 103.167 44.937
201707 31.759 103.278 40.015
201710 35.956 104.070 44.958
201801 30.584 104.578 38.055
201804 34.719 105.708 42.738
201807 30.337 106.324 37.128
201810 28.879 106.695 35.221
201901 21.384 106.200 26.201
201904 40.439 107.818 48.805
201907 37.338 108.250 44.883
201910 35.338 108.577 42.351
202001 32.580 108.841 38.951
202004 27.931 108.173 33.599
202007 36.384 109.318 43.309
202010 38.822 109.861 45.983
202101 40.301 110.364 47.517
202104 51.899 112.673 59.937
202107 54.373 115.183 61.426
202110 61.157 116.696 68.195
202201 61.556 118.619 67.526
202204 78.317 121.978 83.547
202207 68.888 125.002 71.711
202210 58.497 125.734 60.539
202301 40.469 126.223 41.720
202304 49.630 127.992 50.457
202307 45.952 128.974 46.362
202310 43.975 129.810 44.082
202401 37.769 130.124 37.769

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.


Thor Industries  (STU:TIV) 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.


Thor Industries Cyclically Adjusted PS Ratio Related Terms

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


Thor Industries (STU:TIV) Business Description

Traded in Other Exchanges
Address
601 East Beardsley Avenue, Elkhart, IN, USA, 46514-3305
Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue.

Thor Industries (STU:TIV) Headlines

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