GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Porsche Automobil Holding SE (WAR:PSHE) » Definitions » Cyclically Adjusted PS Ratio

Porsche Automobil Holding SE (WAR:PSHE) Cyclically Adjusted PS Ratio : 3.05 (As of Jun. 03, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Porsche Automobil Holding SE Cyclically Adjusted PS Ratio?

As of today (2024-06-03), Porsche Automobil Holding SE's current share price is zł210.50. Porsche Automobil Holding SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł68.99. Porsche Automobil Holding SE's Cyclically Adjusted PS Ratio for today is 3.05.

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

WAR:PSHE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.63   Med: 3.02   Max: 3.62
Current: 3.09

During the past years, Porsche Automobil Holding SE's highest Cyclically Adjusted PS Ratio was 3.62. The lowest was 2.63. And the median was 3.02.

WAR:PSHE's Cyclically Adjusted PS Ratio is ranked worse than
86.84% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 0.68 vs WAR:PSHE: 3.09

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.

Porsche Automobil Holding SE's adjusted revenue per share data for the three months ended in Mar. 2024 was zł15.749. 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 zł68.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Porsche Automobil Holding SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Porsche Automobil Holding SE'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.

Porsche Automobil Holding SE Cyclically Adjusted PS Ratio Chart

Porsche Automobil Holding SE 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 - - - - 2.84

Porsche Automobil Holding SE 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 3.34 3.48 2.90 2.84 3.00

Competitive Comparison of Porsche Automobil Holding SE's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Porsche Automobil Holding SE'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.


Porsche Automobil Holding SE's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Porsche Automobil Holding SE's Cyclically Adjusted PS Ratio falls into.



Porsche Automobil Holding SE 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.

Porsche Automobil Holding SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=210.50/68.99
=3.05

* 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.

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

For example, Porsche Automobil Holding SE'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)
=15.749/125.0381*125.0381
=15.749

Current CPI (Mar. 2024) = 125.0381.

Porsche Automobil Holding SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200907 0.000 92.359 0.000
201001 0.000 92.359 0.000
201006 0.000 93.199 0.000
201106 0.000 95.158 0.000
201112 0.000 95.998 0.000
201206 0.000 96.744 0.000
201212 0.000 97.957 0.000
201306 0.000 98.516 0.000
201312 0.000 99.356 0.000
201406 0.000 99.543 0.000
201412 0.000 99.543 0.000
201506 0.000 100.417 0.000
201512 0.000 99.717 0.000
201606 0.000 100.717 0.000
201612 0.000 101.217 0.000
201706 0.000 102.117 0.000
201712 0.000 102.617 0.000
201806 0.000 104.017 0.000
201812 0.000 104.217 0.000
201903 18.028 104.217 21.630
201906 17.854 105.718 21.117
201909 16.906 106.018 19.939
201912 12.257 105.818 14.483
202003 1.904 105.718 2.252
202006 -5.574 106.618 -6.537
202009 11.312 105.818 13.367
202012 33.565 105.518 39.774
202103 15.351 107.518 17.852
202106 23.405 108.486 26.976
202109 12.872 109.435 14.707
202112 18.391 110.384 20.833
202203 28.984 113.968 31.799
202206 24.435 115.760 26.393
202209 7.701 118.818 8.104
202212 13.483 119.345 14.126
202303 18.679 122.402 19.081
202306 15.545 123.140 15.785
202309 18.592 124.195 18.718
202312 22.699 123.773 22.931
202403 15.749 125.038 15.749

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.


Porsche Automobil Holding SE  (WAR:PSHE) 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.


Porsche Automobil Holding SE Cyclically Adjusted PS Ratio Related Terms

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


Porsche Automobil Holding SE (WAR:PSHE) Business Description

Address
Porscheplatz 1, Stuttgart, BW, DEU, 70435
Porsche Automobil Holding SE is an automotive holdings company. The company's core investment is a controlling stake in Volkswagen AG. Through this stake, Porsche SE has an interest in passenger and luxury car manufacturers which include Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, and Porsche; motorcycles under the Ducati brand name; and commercial vehicles under Volkswagen Commercial Vehicles, Scania, and MAN. In addition to the automobile manufacturers, this core investment provides Porsche Automobil exposure to the Volkswagen Financial Services financing business. Porsche SE also has a minority stake in technology company INRIX, a company that provides connected-car services and real-time traffic information.

Porsche Automobil Holding SE (WAR:PSHE) Headlines

No Headlines