GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexteer Automotive Group Ltd (OTCPK:NTXVF) » Definitions » Cyclically Adjusted PS Ratio

Nexteer Automotive Group (Nexteer Automotive Group) Cyclically Adjusted PS Ratio : 0.32 (As of May. 26, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Nexteer Automotive Group Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Nexteer Automotive Group's current share price is $0.49764. Nexteer Automotive Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $1.55. Nexteer Automotive Group's Cyclically Adjusted PS Ratio for today is 0.32.

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

NTXVF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.39   Max: 0.89
Current: 0.31

During the past 12 years, Nexteer Automotive Group's highest Cyclically Adjusted PS Ratio was 0.89. The lowest was 0.25. And the median was 0.39.

NTXVF's Cyclically Adjusted PS Ratio is ranked better than
69.6% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs NTXVF: 0.31

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.

Nexteer Automotive Group's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $1.676. 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 $1.55 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nexteer Automotive Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Nexteer Automotive Group'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.

Nexteer Automotive Group Cyclically Adjusted PS Ratio Chart

Nexteer Automotive Group 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 - - 0.83 0.40 0.37

Nexteer Automotive Group 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 0.83 - 0.40 - 0.37

Competitive Comparison of Nexteer Automotive Group's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Nexteer Automotive Group'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.


Nexteer Automotive Group's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Nexteer Automotive Group's Cyclically Adjusted PS Ratio falls into.



Nexteer Automotive Group 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.

Nexteer Automotive Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.49764/1.55
=0.32

* 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.

Nexteer Automotive Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Nexteer Automotive Group'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)
=1.676/129.4194*129.4194
=1.676

Current CPI (Dec23) = 129.4194.

Nexteer Automotive Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.192 99.070 1.557
201512 1.344 99.792 1.743
201612 1.535 101.863 1.950
201712 1.545 104.011 1.922
201812 1.559 105.998 1.903
201912 1.425 108.420 1.701
202012 1.209 109.897 1.424
202112 1.337 117.630 1.471
202212 1.530 125.222 1.581
202312 1.676 129.419 1.676

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.


Nexteer Automotive Group  (OTCPK:NTXVF) 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.


Nexteer Automotive Group Cyclically Adjusted PS Ratio Related Terms

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


Nexteer Automotive Group (Nexteer Automotive Group) Business Description

Traded in Other Exchanges
Address
1272 Doris Road, Auburn Hills, MI, USA, 48326
Nexteer Automotive Group Ltd offers advanced steering and driveline systems. The company's customers are well-known automakers like BMW, Fiat Chrysler, Ford, GM, and Toyota, as well as automakers in India, South America, and China. The business units are electric power steering, hydraulic power steering, steering columns, driveline, and half shafts. The electric power steering includes columns, an intermediate shaft, and steering gear, EPS motors, sensors, controllers, and assist mechanisms. The Group classifies its businesses into three reportable segments: North America, Asia Pacific, and Europe, Middle East, Africa and South America (EMEASA). All of the Group's operating segments typically offer the same steering and driveline products, the majority are derived from North America.

Nexteer Automotive Group (Nexteer Automotive Group) Headlines