GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Continental AG (OTCPK:CTTAF) » Definitions » Cyclically Adjusted PS Ratio

Continental AG (Continental AG) Cyclically Adjusted PS Ratio : 0.26 (As of May. 16, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Continental AG Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Continental AG's current share price is $65.89. Continental AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $249.29. Continental AG's Cyclically Adjusted PS Ratio for today is 0.26.

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

CTTAF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.57   Max: 1.43
Current: 0.27

During the past years, Continental AG's highest Cyclically Adjusted PS Ratio was 1.43. The lowest was 0.21. And the median was 0.57.

CTTAF's Cyclically Adjusted PS Ratio is ranked better than
75.75% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs CTTAF: 0.27

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.

Continental AG's adjusted revenue per share data for the three months ended in Mar. 2024 was $54.199. 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 $249.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Continental AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Continental AG'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.

Continental AG Cyclically Adjusted PS Ratio Chart

Continental AG 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 0.53 0.55 0.46 0.25 0.34

Continental AG 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 0.30 0.30 0.29 0.34 0.29

Competitive Comparison of Continental AG's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Continental AG'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.


Continental AG's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Continental AG 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.

Continental AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=65.89/249.29
=0.26

* 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.

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

For example, Continental AG'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)
=54.199/123.6675*123.6675
=54.199

Current CPI (Mar. 2024) = 123.6675.

Continental AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 57.975 99.543 72.026
201409 55.736 99.823 69.050
201412 55.065 99.543 68.410
201503 51.725 99.717 64.149
201506 56.290 100.417 69.324
201509 53.996 100.417 66.498
201512 54.576 99.717 67.685
201603 54.855 100.017 67.826
201606 57.196 100.717 70.229
201609 56.248 101.017 68.860
201612 55.449 101.217 67.748
201703 58.854 101.417 71.766
201706 62.033 102.117 75.124
201709 63.627 102.717 76.604
201712 66.778 102.617 80.477
201803 67.932 102.917 81.629
201806 66.428 104.017 78.977
201809 62.929 104.718 74.317
201812 63.862 104.217 75.781
201903 62.498 104.217 74.162
201906 63.533 105.718 74.320
201909 61.130 106.018 71.307
201912 61.548 105.818 71.930
202003 46.392 105.718 54.269
202006 31.818 106.618 36.906
202009 51.163 105.818 59.793
202012 55.492 105.518 65.037
202103 51.089 107.518 58.763
202106 50.208 108.486 57.234
202109 47.435 109.435 53.604
202112 49.689 110.384 55.669
202203 51.199 113.968 55.556
202206 50.175 115.760 53.602
202209 51.268 118.818 53.361
202212 54.507 119.345 56.481
202303 55.171 122.402 55.741
202306 56.316 123.140 56.557
202309 54.533 124.195 54.302
202312 56.855 123.668 56.855
202403 54.199 123.668 54.199

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.


Continental AG  (OTCPK:CTTAF) 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.


Continental AG Cyclically Adjusted PS Ratio Related Terms

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


Continental AG (Continental AG) Business Description

Address
Vahrenwalder Strasse 9, Hanover, NI, DEU, 30165
Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 48% of the total, tire was 35%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. Top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 32% of total revenue. Europe, at 47% of total revenue, is the companies largest market, followed by North America at 27%, Asia (mostly China) at 22%, and 4% in other regions.

Continental AG (Continental AG) Headlines

From GuruFocus

David Herro Comments on Continental

By Sydnee Gatewood 10-12-2021

David Herro Comments on Continental

By Sydnee Gatewood 10-12-2022

David Herro Comments on Continental

By Holly LaFon Holly LaFon 10-09-2018

Yacktman Fund's Biggest Buys of 1st-Quarter 2020

By Margaret Moran Margaret Moran 04-16-2020

David Herro Comments on Continental

By Holly LaFon Holly LaFon 10-10-2018

Top 5 Buys of the Yacktman Focused Fund

By Sydnee Gatewood Sydnee Gatewood 04-17-2020

David Herro Comments on Continental

By Sydnee Gatewood 04-12-2023