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General Dynamics (BSP:GDBR34) Cyclically Adjusted PS Ratio : 2.05 (As of Apr. 30, 2024)


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What is General Dynamics Cyclically Adjusted PS Ratio?

As of today (2024-04-30), General Dynamics's current share price is R$1474.60. General Dynamics's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$718.51. General Dynamics's Cyclically Adjusted PS Ratio for today is 2.05.

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

BSP:GDBR34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.99   Med: 1.68   Max: 2.41
Current: 2.02

During the past years, General Dynamics's highest Cyclically Adjusted PS Ratio was 2.41. The lowest was 0.99. And the median was 1.68.

BSP:GDBR34's Cyclically Adjusted PS Ratio is ranked worse than
62.74% of 212 companies
in the Aerospace & Defense industry
Industry Median: 1.49 vs BSP:GDBR34: 2.02

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.

General Dynamics's adjusted revenue per share data for the three months ended in Mar. 2024 was R$192.915. 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 R$718.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


General Dynamics Cyclically Adjusted PS Ratio Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Cyclically Adjusted PS Ratio Chart

General Dynamics 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 1.65 1.33 1.70 1.86 1.83

General Dynamics 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 1.67 1.55 1.57 1.83 1.98

Competitive Comparison of General Dynamics's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, General Dynamics'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.


General Dynamics's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, General Dynamics's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



General Dynamics 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.

General Dynamics's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1474.60/718.51
=2.05

* 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.

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

For example, General Dynamics'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)
=192.915/129.4194*129.4194
=192.915

Current CPI (Mar. 2024) = 129.4194.

General Dynamics Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 48.753 100.560 62.745
201409 53.584 100.428 69.053
201412 65.752 99.070 85.895
201503 73.062 99.621 94.916
201506 74.003 100.684 95.124
201509 96.920 100.392 124.944
201512 98.993 99.792 128.383
201603 88.186 100.470 113.595
201606 85.792 101.688 109.188
201609 80.425 101.861 102.184
201612 83.301 101.863 105.836
201703 75.734 102.862 95.287
201706 82.830 103.349 103.724
201709 78.170 104.136 97.149
201712 90.294 104.011 112.351
201803 82.056 105.290 100.861
201806 115.415 106.317 140.495
201809 124.929 106.507 151.805
201812 135.969 105.998 166.013
201903 122.275 107.251 147.549
201906 126.683 108.070 151.710
201909 138.232 108.329 165.144
201912 152.034 108.420 181.481
202003 147.441 108.902 175.220
202006 167.514 108.767 199.321
202009 177.307 109.815 208.960
202012 187.578 109.897 220.900
202103 185.513 111.754 214.837
202106 164.283 114.631 185.476
202109 180.130 115.734 201.430
202112 207.291 117.630 228.068
202203 166.960 121.301 178.134
202206 166.282 125.017 172.138
202209 189.249 125.227 195.586
202212 205.054 125.222 211.928
202303 186.036 127.348 189.062
202306 179.124 128.729 180.085
202309 190.020 129.860 189.376
202312 206.720 129.419 206.720
202403 192.915 129.419 192.915

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.


General Dynamics  (BSP:GDBR34) 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.


General Dynamics Cyclically Adjusted PS Ratio Related Terms

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


General Dynamics (BSP:GDBR34) Business Description

Traded in Other Exchanges
Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment creates and services nuclear-powered submarines, destroyers, and other ships. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

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