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Mercedes-Benz Group AG (BSE:DAI) Cyclically Adjusted PS Ratio : 0.40 (As of May. 26, 2024)


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What is Mercedes-Benz Group AG Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Mercedes-Benz Group AG's current share price is lei330.00. Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was lei830.94. Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio for today is 0.40.

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

BSE:DAI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.44   Max: 0.72
Current: 0.4

During the past years, Mercedes-Benz Group AG's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.14. And the median was 0.44.

BSE:DAI's Cyclically Adjusted PS Ratio is ranked better than
64.6% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs BSE:DAI: 0.40

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.

Mercedes-Benz Group AG's adjusted revenue per share data for the three months ended in Mar. 2024 was lei172.280. 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 lei830.94 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Chart

Mercedes-Benz Group 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 0.30 0.35 0.47 0.39 0.38

Mercedes-Benz Group 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 0.44 0.45 0.40 0.38 0.44

Competitive Comparison of Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio falls into.



Mercedes-Benz Group 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.

Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=330.00/830.94
=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.

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

For example, Mercedes-Benz Group 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)
=172.28/125.0381*125.0381
=172.280

Current CPI (Mar. 2024) = 125.0381.

Mercedes-Benz Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 183.805 99.543 230.882
201409 183.051 99.823 229.290
201412 189.382 99.543 237.888
201503 158.902 99.717 199.253
201506 180.628 100.417 224.917
201509 179.420 100.417 223.412
201512 188.436 99.717 236.286
201603 167.376 100.017 209.249
201606 186.078 100.717 231.012
201609 185.778 101.017 229.955
201612 185.570 101.217 229.244
201703 176.967 101.417 218.185
201706 198.597 102.117 243.174
201709 208.272 102.717 253.531
201712 221.349 102.617 269.712
201803 210.406 102.917 255.630
201806 204.191 104.017 245.456
201809 201.225 104.718 240.273
201812 227.409 104.217 272.841
201903 192.391 104.217 230.827
201906 206.678 105.718 244.450
201909 204.371 106.018 241.037
201912 225.675 105.818 266.666
202003 176.393 105.718 208.630
202006 145.775 106.618 170.960
202009 159.725 105.818 188.737
202012 191.392 105.518 226.799
202103 167.879 107.518 195.235
202106 176.319 108.486 203.221
202109 159.673 109.435 182.439
202112 170.770 110.384 193.442
202203 164.640 113.968 180.632
202206 165.198 115.760 178.438
202209 160.148 118.818 168.532
202212 186.484 119.345 195.380
202303 172.261 122.402 175.970
202306 178.417 123.140 181.167
202309 172.293 124.195 173.463
202312 192.710 123.773 194.680
202403 172.280 125.038 172.280

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.


Mercedes-Benz Group AG  (BSE:DAI) 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.


Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Related Terms

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


Mercedes-Benz Group AG (BSE:DAI) Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).

Mercedes-Benz Group AG (BSE:DAI) Headlines

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