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Forvia SE (XPAR:FRVIA) Cyclically Adjusted PS Ratio : 0.11 (As of May. 26, 2024)


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What is Forvia SE Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Forvia SE's current share price is €14.435. Forvia SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was €135.06. Forvia SE's Cyclically Adjusted PS Ratio for today is 0.11.

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

XPAR:FRVIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.17   Max: 0.41
Current: 0.11

During the past 13 years, Forvia SE's highest Cyclically Adjusted PS Ratio was 0.41. The lowest was 0.07. And the median was 0.17.

XPAR:FRVIA's Cyclically Adjusted PS Ratio is ranked better than
92.5% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs XPAR:FRVIA: 0.11

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.

Forvia SE's adjusted revenue per share data of for the fiscal year that ended in Dec23 was €137.890. 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 €135.06 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forvia SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Forvia 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.

Forvia SE Cyclically Adjusted PS Ratio Chart

Forvia 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 0.33 0.30 0.30 0.11 0.15

Forvia SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.30 - 0.11 - 0.15

Competitive Comparison of Forvia SE's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Forvia 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.


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

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

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



Forvia 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.

Forvia SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.435/135.06
=0.11

* 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.

Forvia SE's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Forvia SE's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=137.89/118.3900*118.3900
=137.890

Current CPI (Dec23) = 118.3900.

Forvia SE Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 123.840 99.860 146.820
201512 135.807 100.040 160.718
201612 123.611 100.650 145.398
201712 111.407 101.850 129.499
201812 115.315 103.470 131.943
201912 117.089 104.980 132.046
202012 94.877 104.960 107.017
202112 102.602 107.850 112.629
202212 141.429 114.160 146.669
202312 137.890 118.390 137.890

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.


Forvia SE  (XPAR:FRVIA) 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.


Forvia SE Cyclically Adjusted PS Ratio Related Terms

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


Forvia SE (XPAR:FRVIA) Business Description

Traded in Other Exchanges
Address
23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000
Forvia operates in automotive seating, interior systems, emission control technologies, electronics, lighting, and a segment called lifecycle solutions that does automotive-related recycling. The company has a global presence, with over 300 industrial facilities and 63 R&D centers in more than 40 countries, but much of its workforce is located in high-cost countries. Forvia's five largest customers by percentage of 2022 revenue are Volkswagen at 15.4%, Stellantis at 11.7%, Ford at 7.7%, the Renault-Nissan-Mitsubishi Alliance at 6.2%, and Mercedes-Benz at 6.1%. Geographically, Europe accounted for 44% of 2022 revenue, followed by North America at 25%, China at 21%, and all other regions at 10%.

Forvia SE (XPAR:FRVIA) Headlines

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