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General Motors Co (General Motors Co) Cyclically Adjusted PS Ratio : 0.40 (As of Apr. 27, 2024)


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What is General Motors Co Cyclically Adjusted PS Ratio?

As of today (2024-04-27), General Motors Co's current share price is $45.84. General Motors Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $115.76. General Motors Co's Cyclically Adjusted PS Ratio for today is 0.40.

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

GM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.34   Max: 0.62
Current: 0.39

During the past years, General Motors Co's highest Cyclically Adjusted PS Ratio was 0.62. The lowest was 0.17. And the median was 0.34.

GM's Cyclically Adjusted PS Ratio is ranked better than
65.28% of 985 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs GM: 0.39

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.

General Motors Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $37.017. 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 $115.76 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Motors Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for General Motors Co'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.

General Motors Co Cyclically Adjusted PS Ratio Chart

General Motors Co 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 0.35 0.42 0.56 0.30 0.31

General Motors Co 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 0.33 0.34 0.29 0.31 0.39

Competitive Comparison of General Motors Co's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, General Motors Co'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.


General Motors Co's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



General Motors Co 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.

General Motors Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.84/115.76
=0.40

* 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.

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

For example, General Motors Co'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)
=37.017/129.4194*129.4194
=37.017

Current CPI (Mar. 2024) = 129.4194.

General Motors Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 23.489 100.560 30.230
201409 23.214 100.428 29.915
201412 23.610 99.070 30.843
201503 21.181 99.621 27.517
201506 23.000 100.684 29.564
201509 24.007 100.392 30.949
201512 14.414 99.792 18.693
201603 23.585 100.470 30.381
201606 23.645 101.688 30.093
201609 24.707 101.861 31.391
201612 25.806 101.863 32.787
201703 24.325 102.862 30.605
201706 24.348 103.349 30.490
201709 22.842 104.136 28.388
201712 26.064 104.011 32.431
201803 25.244 105.290 31.029
201806 25.688 106.317 31.270
201809 25.011 106.507 30.392
201812 26.834 105.998 32.763
201903 24.288 107.251 29.308
201906 25.076 108.070 30.030
201909 24.600 108.329 29.389
201912 21.422 108.420 25.571
202003 22.715 108.902 26.995
202006 11.716 108.767 13.941
202009 24.656 109.815 29.058
202012 25.857 109.897 30.450
202103 22.182 111.754 25.688
202106 23.275 114.631 26.278
202109 18.254 115.734 20.412
202112 22.831 117.630 25.119
202203 24.476 121.301 26.114
202206 24.409 125.017 25.269
202209 28.749 125.227 29.712
202212 30.272 125.222 31.287
202303 28.520 127.348 28.984
202306 32.215 128.729 32.388
202309 32.025 129.860 31.916
202312 32.909 129.419 32.909
202403 37.017 129.419 37.017

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.


General Motors Co  (NYSE:GM) 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.


General Motors Co Cyclically Adjusted PS Ratio Related Terms

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


General Motors Co (General Motors Co) Business Description

Address
300 Renaissance Center, Detroit, MI, USA, 48265-3000
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its U.S. market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021, with share up 170 basis points to 16.4%, a full percentage point ahead of Toyota. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
Executives
Mark L Reuss officer: Vice President 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Jan E Tighe director C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Rory Harvey officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Michael Robert Abbott officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Paul A Jacobson officer: Executive Vice President & CFO 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Gerald Johnson officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Stephen K. Carlisle officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Jon Mcneill director 45500 FREMONT BLVD, FREMONT CA 94538
Joanne C. Crevoiserat director 6301 FITCH PATH, NEW ALBANY OH 43054
Wesley G Bush director 333 MAPLE AVENUE EAST, #3080, VIENNA VA 22180
Julian G. Blissett officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Patricia F Russo director 300 RENAISSANCE CENTER, M/C: 482-C24-A68, DETROIT MI 48265
Douglas L Parks officer: Executive Vice President 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Craig B. Glidden officer: Executive Vice President & GC 300 RENAISSANCE CENTER., M/C: 482-C25-A36, DETROIT MI 48265-3000
Christopher Hatto officer: VP, Controller & CAO 27175 HAGGERTY ROAD, NOVI MI 49377