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Motorcar Parts of America (Motorcar Parts of America) Cyclically Adjusted PS Ratio : 0.19 (As of Apr. 28, 2024)


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What is Motorcar Parts of America Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Motorcar Parts of America's current share price is $5.73. Motorcar Parts of America's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $30.49. Motorcar Parts of America's Cyclically Adjusted PS Ratio for today is 0.19.

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

MPAA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.06   Max: 2.56
Current: 0.19

During the past years, Motorcar Parts of America's highest Cyclically Adjusted PS Ratio was 2.56. The lowest was 0.16. And the median was 1.06.

MPAA's Cyclically Adjusted PS Ratio is ranked better than
84.57% of 985 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs MPAA: 0.19

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.

Motorcar Parts of America's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.753. 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 $30.49 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorcar Parts of America Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Motorcar Parts of America'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.

Motorcar Parts of America Cyclically Adjusted PS Ratio Chart

Motorcar Parts of America Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.61 1.00 0.69 0.26

Motorcar Parts of America Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.42 0.26 0.26 0.27 0.31

Competitive Comparison of Motorcar Parts of America's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Motorcar Parts of America'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.


Motorcar Parts of America's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Motorcar Parts of America's Cyclically Adjusted PS Ratio falls into.



Motorcar Parts of America 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.

Motorcar Parts of America's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.73/30.49
=0.19

* 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.

Motorcar Parts of America's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Motorcar Parts of America'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)
=8.753/129.4194*129.4194
=8.753

Current CPI (Dec. 2023) = 129.4194.

Motorcar Parts of America Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.665 99.695 6.056
201406 3.955 100.560 5.090
201409 4.210 100.428 5.425
201412 4.462 99.070 5.829
201503 4.462 99.621 5.797
201506 4.544 100.684 5.841
201509 5.032 100.392 6.487
201512 4.924 99.792 6.386
201603 5.044 100.470 6.497
201606 4.383 101.688 5.578
201609 5.602 101.861 7.118
201612 5.792 101.863 7.359
201703 5.916 102.862 7.443
201706 4.918 103.349 6.159
201709 5.696 104.136 7.079
201712 5.395 104.011 6.713
201803 6.029 105.290 7.411
201806 4.851 106.317 5.905
201809 6.622 106.507 8.047
201812 6.598 105.998 8.056
201903 6.860 107.251 8.278
201906 5.799 108.070 6.945
201909 7.825 108.329 9.348
201912 6.504 108.420 7.764
202003 7.947 108.902 9.444
202006 5.025 108.767 5.979
202009 7.998 109.815 9.426
202012 6.306 109.897 7.426
202103 8.600 111.754 9.959
202106 7.581 114.631 8.559
202109 8.947 115.734 10.005
202112 8.279 117.630 9.109
202203 8.439 121.301 9.004
202206 8.575 125.017 8.877
202209 8.953 125.227 9.253
202212 7.732 125.222 7.991
202303 10.137 127.348 10.302
202306 8.186 128.729 8.230
202309 10.033 129.860 9.999
202312 8.753 129.419 8.753

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.


Motorcar Parts of America  (NAS:MPAA) 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.


Motorcar Parts of America Cyclically Adjusted PS Ratio Related Terms

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


Motorcar Parts of America (Motorcar Parts of America) Business Description

Traded in Other Exchanges
Address
2929 California Street, Torrance, CA, USA, 90503
Motorcar Parts of America Inc is a us-based manufacturer, remanufacturer, and distributor of aftermarket automotive and light truck applications. It manufactures and distributes heavy-duty truck and industrial and agricultural application parts. It produces starter engines, alternators, hub assemblies, bearings, and master cylinders. The company supplies its products to the automotive aftermarket either under its own brands, as part of a private-label service, or to warranty replacement programs of automobile manufacturers. It primarily sells rotating electrical products, wheel hub products, brake master cylinders products in the us, of which a majority of the revenue is derived from the sales of rotating electrical products.
Executives
Rudolph J Borneo director 50 O'FARRELL STREET, SAN FRANCISCO CA 94108
David Bryan director 605 STAPP ROAD, BOULDER CREEK CA 95006
Bison Capital Partners Vi, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Bison Capital Partners Vi-a, L.p. director 233 WILSHIRE BOULEVARD, SUITE 425, SANTA MONICA CA 90401
Douglas B Trussler director 39 EAST UNION STREET, PASADENA CA 91103
Richard K Mochulsky officer: Vice President, Sales 2929 CALIFORNIA STREET, TORRANCE CA 90505
Joseph Edwin Ferguson director 5103 SOUTH GARTH AVENUE, LOS ANGELES CA 90056
Joffe Selwyn director, officer: President, CEO & Chairman
Kamlesh Shah officer: Chief Accounting Officer C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
David Sung Lee officer: CFO 2929 CALIFORNIA STREET, TORRANCE CA 90503
Patricia W Warfield director 2929 CALIFORNIA STREET, TORRANCE CA 90503
Duane Franklin Miller director 7811 FIELDSTONE RIDGE, CLARKSTON MI 48348
Jamy P. Rankin director C/O MOTOR CAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE CA 90503
Philip Gay director 6300 CANOGA AVENUE, SUITE 1700, WOODLAND HILLS CA 91367
Juliet Lynn Stone officer: VP, Gen Counsel and Secretary C/O MOTORCAR PARTS OF AMERICA, INC., 2020 CALIFORNIA STREET, TORRANCE CA 90503