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Carvana Co (Carvana Co) Cyclically Adjusted PS Ratio : 1.11 (As of May. 01, 2024)


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What is Carvana Co Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Carvana Co's current share price is $84.045. Carvana Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was $76.05. Carvana Co's Cyclically Adjusted PS Ratio for today is 1.11.

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

CVNA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.97   Max: 1.16
Current: 1.1

During the past 10 years, Carvana Co's highest Cyclically Adjusted PS Ratio was 1.16. The lowest was 0.55. And the median was 0.97.

CVNA's Cyclically Adjusted PS Ratio is ranked worse than
62.44% of 993 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs CVNA: 1.10

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.

Carvana Co's adjusted revenue per share data of for the fiscal year that ended in Dec23 was $53.700. 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 $76.05 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carvana Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carvana Co'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.

Carvana Co Cyclically Adjusted PS Ratio Chart

Carvana Co 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 - - - - 0.70

Carvana Co 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 - - - - 0.70

Competitive Comparison of Carvana Co's Cyclically Adjusted PS Ratio

For the Auto & Truck Dealerships subindustry, Carvana Co'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.


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

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

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



Carvana Co 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.

Carvana Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=84.045/76.05
=1.11

* 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.

Carvana Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Carvana Co'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)
=53.7/129.4194*129.4194
=53.700

Current CPI (Dec23) = 129.4194.

Carvana Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 2.779 99.070 3.630
201512 8.693 99.792 11.274
201612 24.343 101.863 30.928
201712 56.353 104.011 70.119
201812 65.089 105.998 79.471
201912 84.104 108.420 100.394
202012 85.979 109.897 101.253
202112 154.749 117.630 170.259
202212 134.923 125.222 139.446
202312 53.700 129.419 53.700

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.


Carvana Co  (NYSE:CVNA) 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.


Carvana Co Cyclically Adjusted PS Ratio Related Terms

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


Carvana Co (Carvana Co) Business Description

Traded in Other Exchanges
Address
300 E. Rio Salado Parkway, Tempe, AZ, USA, 85281
Carvana Co is an e-commerce platform for buying and selling used cars. The company derives revenue from used vehicle sales, wholesale vehicle sales and other sales and revenues. The other sales and revenues include sales of loans originated and sold in securitization transactions or to financing partners, commissions received on VSCs and sales of GAP waiver coverage. The foundation of the business is retail vehicle unit sales. This drives the majority of the revenue and allows the company to capture additional revenue streams associated with financing, VSCs, auto insurance and GAP waiver coverage, as well as trade-in vehicles.
Executives
Paul W. Breaux officer: See Remarks 300 E RIO SALADO PKWY, TEMPE AZ 85281
Ecg Ii Spe, Llc 10 percent owner 1720 W. RIO SALADO PARKWAY, SUITE A, TEMPE AZ 85281
Thomas Taira officer: President, Special Projects 300 E RIO SALADO PKWY, TEMPE AZ 85281
Daniel J. Gill officer: Chief Product Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Gregory B Sullivan director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281
Ira J. Platt director 65 STURGES HWY, WESTPORT CT 06880
Michael E Maroone director 909 POINCIANA DRIVE, FORT LAUDERDALE FL 33301
Garcia Ernest C Ii 10 percent owner 100 CRESCENT COURT, SUITE 1100, DALLAS TX 75201
Ryan S. Keeton officer: Chief Brand Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
J Danforth Quayle director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281
Garcia Ernest C. Iii director, 10 percent owner, officer: Chief Executive Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Benjamin E. Huston officer: Chief Operating Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Mark W. Jenkins officer: Chief Financial Officer 300 E RIO SALADO PKWY, TEMPE AZ 85281
Stephen R Palmer officer: Vice President of Accounting 1930 W RIO SALADO PKWY, TEMPE AZ 85281
Neha Parikh director 1930 W. RIO SALADO PARKWAY, TEMPE AZ 85281