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TrueCar (TrueCar) Cyclically Adjusted PS Ratio : 0.84 (As of May. 15, 2024)


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What is TrueCar Cyclically Adjusted PS Ratio?

As of today (2024-05-15), TrueCar's current share price is $2.77. TrueCar's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $3.31. TrueCar's Cyclically Adjusted PS Ratio for today is 0.84.

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

TRUE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.41   Med: 0.75   Max: 1.16
Current: 0.82

During the past years, TrueCar's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.41. And the median was 0.75.

TRUE's Cyclically Adjusted PS Ratio is ranked better than
68.01% of 297 companies
in the Interactive Media industry
Industry Median: 1.55 vs TRUE: 0.82

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.

TrueCar's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.450. 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 $3.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TrueCar Cyclically Adjusted PS Ratio Historical Data

The historical data trend for TrueCar'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.

TrueCar Cyclically Adjusted PS Ratio Chart

TrueCar 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 - - - 0.75 1.03

TrueCar 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 0.68 0.66 0.61 1.03 1.02

Competitive Comparison of TrueCar's Cyclically Adjusted PS Ratio

For the Internet Content & Information subindustry, TrueCar'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.


TrueCar's Cyclically Adjusted PS Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TrueCar's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



TrueCar 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.77/3.31
=0.84

* 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.

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

For example, TrueCar'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)
=0.45/129.4194*129.4194
=0.450

Current CPI (Mar. 2024) = 129.4194.

TrueCar Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.745 100.560 0.959
201409 0.738 100.428 0.951
201412 0.708 99.070 0.925
201503 0.728 99.621 0.946
201506 0.796 100.684 1.023
201509 0.879 100.392 1.133
201512 0.768 99.792 0.996
201603 0.741 100.470 0.955
201606 0.791 101.688 1.007
201609 0.886 101.861 1.126
201612 0.864 101.863 1.098
201703 0.873 102.862 1.098
201706 0.873 103.349 1.093
201709 0.836 104.136 1.039
201712 0.830 104.011 1.033
201803 0.806 105.290 0.991
201806 0.869 106.317 1.058
201809 0.911 106.507 1.107
201812 0.697 105.998 0.851
201903 0.817 107.251 0.986
201906 0.835 108.070 1.000
201909 0.807 108.329 0.964
201912 0.796 108.420 0.950
202003 0.737 108.902 0.876
202006 0.545 108.767 0.648
202009 0.702 109.815 0.827
202012 0.621 109.897 0.731
202103 0.660 111.754 0.764
202106 0.666 114.631 0.752
202109 0.572 115.734 0.640
202112 0.478 117.630 0.526
202203 0.454 121.301 0.484
202206 0.464 125.017 0.480
202209 0.431 125.227 0.445
202212 0.415 125.222 0.429
202303 0.417 127.348 0.424
202306 0.440 128.729 0.442
202309 0.456 129.860 0.454
202312 0.454 129.419 0.454
202403 0.450 129.419 0.450

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.


TrueCar  (NAS:TRUE) 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.


TrueCar Cyclically Adjusted PS Ratio Related Terms

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


TrueCar (TrueCar) Business Description

Traded in Other Exchanges
Address
1401 Ocean Avenue, Suite 200, Santa Monica, CA, USA, 90401
TrueCar Inc is a data-driven online platform operating on common technology infrastructure, powered by proprietary data and analytics. It also customizes and operates its platform for affinity group marketing partners, including financial institutions like PenFed and American Express; membership-based organizations like Consumer Reports, AARP, Sam's Club, and AAA; and employee buying programs for large enterprises such as IBM and Walmart. The company enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar Certified Dealers.
Executives
Oliver Foley officer: Chief Financial Officer 1401 OCEAN AVE, SUITE 200, SANTA MONICA CA 90401
Jay Ku officer: Chief Revenue Officer 1401 OCEAN AVE, SUITE 200, SANTA MONICA CA 90401
John W Mendel director C/O TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Brendan L Harrington director 1401 OCEAN AVE, SUITE 200, SANTA MONICA CA 90401
Teresa Luong officer: Chief Financial Officer 1401 OCEAN AVE, SUITE 200, SANTA MONICA CA 90401
Christopher W Claus director TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Robert Buce director TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Faye Iosotaluno director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Michael Darrow officer: EVP, OEM Development C/O TRUECAR, INC., SUITE 200, SANTA MONICA CA 90401
Jeff Swart officer: SVP & General Counsel C/O TRUECAR, INC. 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Charles C. Thomas officer: VP, Controller, PFO, PAO 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Simon Edward Smith officer: EVP, Dealer Sales & Services 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Jantoon Reigersman officer: Chief Financial Officer 1655 26TH STREET, SANTA MONICA CA 90404
Kristin Slanina officer: Chief Operating Officer 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Barbara Carbone director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401