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GATX (GATX) Cyclically Adjusted PS Ratio : 3.14 (As of Apr. 28, 2024)


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What is GATX Cyclically Adjusted PS Ratio?

As of today (2024-04-28), GATX's current share price is $127.51. GATX's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $40.56. GATX's Cyclically Adjusted PS Ratio for today is 3.14.

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

GATX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.33   Max: 3.45
Current: 3.14

During the past years, GATX's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 1.32. And the median was 2.33.

GATX's Cyclically Adjusted PS Ratio is ranked worse than
83.78% of 678 companies
in the Business Services industry
Industry Median: 0.89 vs GATX: 3.14

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 Dec. 2023 was $10.242. 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 $40.56 for the trailing ten years ended in Dec. 2023.

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 -

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
=127.51/40.56
=3.14

* 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 Dec. 2023 is calculated as:

For example, GATX's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.242/129.4194*129.4194
=10.242

Current CPI (Dec. 2023) = 129.4194.

GATX Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.124 99.695 7.950
201406 7.901 100.560 10.169
201409 8.788 100.428 11.325
201412 8.940 99.070 11.679
201503 7.136 99.621 9.270
201506 8.265 100.684 10.624
201509 8.899 100.392 11.472
201512 8.828 99.792 11.449
201603 8.000 100.470 10.305
201606 8.732 101.688 11.113
201609 8.938 101.861 11.356
201612 9.053 101.863 11.502
201703 7.922 102.862 9.967
201706 8.820 103.349 11.045
201709 9.173 104.136 11.400
201712 9.093 104.011 11.314
201803 7.930 105.290 9.747
201806 9.102 106.317 11.080
201809 9.083 106.507 11.037
201812 4.525 105.998 5.525
201903 8.544 107.251 10.310
201906 8.106 108.070 9.707
201909 8.300 108.329 9.916
201912 8.394 108.420 10.020
202003 8.458 108.902 10.052
202006 8.489 108.767 10.101
202009 8.599 109.815 10.134
202012 8.613 109.897 10.143
202103 8.518 111.754 9.864
202106 8.808 114.631 9.944
202109 8.708 115.734 9.738
202112 8.917 117.630 9.811
202203 8.794 121.301 9.383
202206 8.686 125.017 8.992
202209 8.992 125.227 9.293
202212 8.989 125.222 9.290
202303 9.466 127.348 9.620
202306 9.613 128.729 9.665
202309 10.059 129.860 10.025
202312 10.242 129.419 10.242

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  (NYSE:GATX) 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 (GATX) 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.
Executives
John Sbragia officer: SVP, Engineering and Quality 233 S. WACKER DR., CHICAGO IL 60606
Kevin Hillesland officer: SVP, Structured Finance 233 S. WACKER DR., CHICAGO IL 60606
Geoffrey Phillips officer: Sr. VP, Operations 233 S. WACKER DR., CHICAGO IL 60606
Shelley J Bausch director 15710 JOHN F. KENNEDY BLVD., SUITE 300, HOUSTON TX 77032
Aken Jennifer Van officer: SVP, Treas. & Chief Risk Off. GATX CORPORATION, 233 S. WACKER DR., CHICAGO IL 60606
Jennifer Mcmanus officer: Sr. VP & Controller C/O GATX CORPORATION, 233 S. WACKER DR., CHICAGO IL 60606
Paul F Titterton officer: VP & Chief Commercial Officer 222 W. ADAMS ST., CHICAGO IL 60606
Robert C Lyons officer: VP - Investor Relations 500 WEST MONROE ST, CHICAGO IL 60661
Jeffery R. Young officer: Vice President, Tax 222 W. ADAMS ST., CHICAGO IL 60606
Thomas A. Ellman officer: EVP & Pres., Rail N. America 222 W. ADAMS ST., CHICAGO IL 60606
Brian L Glassberg officer: EVP, General Counsel & Secy. GATX CORPORATION, 233 S. WACKER DR., CHICAGO IL 60606
Deborah A Golden officer: Sr. VP, Gen. Couns. & Sec'y 500 WEST MONROE STREET, CHICAGO IL 60661
Brian A Kenney director, officer: Chairman, President and CEO GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Necati Gokce Tezel officer: Sr. VP and Pres., Rail Intl. 222 W. ADAMS ST., CHICAGO IL 60606
Robert Zmudka officer: Sr. VP & Chief Comm. Off. 222 W. ADAMS ST., CHICAGO IL 60606