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Gentex (Gentex) Cyclically Adjusted PS Ratio : 4.34 (As of Apr. 27, 2024)


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What is Gentex Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Gentex's current share price is $34.71. Gentex's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $8.00. Gentex's Cyclically Adjusted PS Ratio for today is 4.34.

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

GNTX' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.31   Med: 4.82   Max: 6.37
Current: 4.34

During the past years, Gentex's highest Cyclically Adjusted PS Ratio was 6.37. The lowest was 3.31. And the median was 4.82.

GNTX's Cyclically Adjusted PS Ratio is ranked worse than
91.07% of 985 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs GNTX: 4.34

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.

Gentex's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.580. 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 $8.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gentex Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gentex'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.

Gentex Cyclically Adjusted PS Ratio Chart

Gentex 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 5.38 5.84 5.34 3.74 4.08

Gentex 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 3.74 3.72 3.78 4.11 4.08

Competitive Comparison of Gentex's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Gentex'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.


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

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

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



Gentex 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.

Gentex's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=34.71/8
=4.34

* 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.

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

For example, Gentex'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)
=2.58/129.4194*129.4194
=2.580

Current CPI (Dec. 2023) = 129.4194.

Gentex Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.144 99.695 1.485
201406 1.155 100.560 1.486
201409 1.198 100.428 1.544
201412 1.172 99.070 1.531
201503 1.236 99.621 1.606
201506 1.275 100.684 1.639
201509 1.320 100.392 1.702
201512 1.380 99.792 1.790
201603 1.392 100.470 1.793
201606 1.454 101.688 1.851
201609 1.479 101.861 1.879
201612 1.442 101.863 1.832
201703 1.556 102.862 1.958
201706 1.529 103.349 1.915
201709 1.528 104.136 1.899
201712 1.608 104.011 2.001
201803 1.677 105.290 2.061
201806 1.669 106.317 2.032
201809 1.736 106.507 2.109
201812 1.717 105.998 2.096
201903 1.808 107.251 2.182
201906 1.827 108.070 2.188
201909 1.892 108.329 2.260
201912 1.773 108.420 2.116
202003 1.833 108.902 2.178
202006 0.951 108.767 1.132
202009 1.955 109.815 2.304
202012 2.190 109.897 2.579
202103 2.001 111.754 2.317
202106 1.785 114.631 2.015
202109 1.701 115.734 1.902
202112 1.800 117.630 1.980
202203 2.011 121.301 2.146
202206 2.002 125.017 2.073
202209 2.131 125.227 2.202
202212 2.144 125.222 2.216
202303 2.385 127.348 2.424
202306 2.534 128.729 2.548
202309 2.499 129.860 2.491
202312 2.580 129.419 2.580

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.


Gentex  (NAS:GNTX) 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.


Gentex Cyclically Adjusted PS Ratio Related Terms

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


Gentex (Gentex) Business Description

Traded in Other Exchanges
Address
600 North Centennial Street, Zeeland, MI, USA, 49464
Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2022 totaled about $1.9 billion with 44.2 million mirrors shipped. The unit mix breaks out as 65% interior and 35% exterior, versus about 32% exterior in 2020. The company is based in Zeeland, Michigan.
Executives
Anderson Joseph B Jr director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Kathleen Starkoff director 4304 SUNBURY ROAD, GALENA OH 43021-9318
Gary F Goode director 2801 EAST BELTLINE, N.E., GRAND RAPIDS MI 49525
James A Hollars director 23880 MESSINA COURT, BONITA SPRINGS FL 34134
Richard O Schaum director 388 WARREN COURT, BIRMINGHAM MI 48009
Neil Boehm officer: Chief Technology Officer 600 N. CENTENNIAL STREET, ZEELAND MI 49464
Scott P Ryan officer: General Counsel 7592 KIRKWOOD TRAIL SE, ALTO MI 49302
Steven R Downing officer: Chief Financial Officer 14814 CREEK EDGE DRIVE, HOLLAND MI 49424
James H Wallace director 2625 WYNDBEND BLVD, POWELL OH 43065
John A Mulder director 16680 LYONHURST CIRCLE, NORTHVILLE MI 48167
Ling Zang director 6291 SHENANDOAH PARK AVE, SALT LAKE CITY UT 84121
Matthew Chiodo officer: Vice President of Sales 600 N. CENTENNIAL STREET, ZEELAND MI 49464
Kevin C Nash officer: Chief Accounting Officer 2608 104TH AVENUE, ZEELAND MI 49464
Frederick A Sotok director
Brian C Walker director