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Avis Budget Group (FRA:CUCA) Cyclically Adjusted PS Ratio : 0.53 (As of Jan. 19, 2025)


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What is Avis Budget Group Cyclically Adjusted PS Ratio?

As of today (2025-01-19), Avis Budget Group's current share price is €85.80. Avis Budget Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €163.36. Avis Budget Group's Cyclically Adjusted PS Ratio for today is 0.53.

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

FRA:CUCA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.56   Max: 2.88
Current: 0.49

During the past years, Avis Budget Group's highest Cyclically Adjusted PS Ratio was 2.88. The lowest was 0.12. And the median was 0.56.

FRA:CUCA's Cyclically Adjusted PS Ratio is ranked better than
67.97% of 615 companies
in the Business Services industry
Industry Median: 0.94 vs FRA:CUCA: 0.49

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.

Avis Budget Group's adjusted revenue per share data for the three months ended in Sep. 2024 was €87.829. 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 €163.36 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avis Budget Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Avis Budget 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.

Avis Budget Group Cyclically Adjusted PS Ratio Chart

Avis Budget 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 0.36 0.40 1.93 1.23 1.10

Avis Budget Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.15 1.10 0.72 0.59 0.48

Competitive Comparison of Avis Budget Group's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, Avis Budget 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.


Avis Budget Group's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avis Budget Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Avis Budget 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.

Avis Budget Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.80/163.36
=0.53

* 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.

Avis Budget Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Avis Budget Group's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=87.829/133.0289*133.0289
=87.829

Current CPI (Sep. 2024) = 133.0289.

Avis Budget Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 14.029 99.070 18.838
201503 16.320 99.621 21.793
201506 18.371 100.684 24.273
201509 22.138 100.392 29.335
201512 17.187 99.792 22.911
201603 17.568 100.470 23.261
201606 21.075 101.688 27.570
201609 25.818 101.861 33.718
201612 20.006 101.863 26.127
201703 19.802 102.862 25.609
201706 23.096 103.349 29.729
201709 27.467 104.136 35.088
201712 20.640 104.011 26.398
201803 19.714 105.290 24.908
201806 24.546 106.317 30.713
201809 30.216 106.507 37.740
201812 23.429 105.998 29.404
201903 22.510 107.251 27.920
201906 27.349 108.070 33.665
201909 33.465 108.329 41.095
201912 26.381 108.420 32.369
202003 21.899 108.902 26.751
202006 9.722 108.767 11.891
202009 19.870 109.815 24.070
202012 16.405 109.897 19.858
202103 17.076 111.754 20.327
202106 28.345 114.631 32.894
202109 41.487 115.734 47.687
202112 40.610 117.630 45.926
202203 45.567 121.301 49.973
202206 65.704 125.017 69.915
202209 82.706 125.227 87.859
202212 66.261 125.222 70.392
202303 64.895 127.348 67.790
202306 77.766 128.729 80.364
202309 93.172 129.860 95.446
202312 70.462 129.419 72.427
202403 65.925 131.776 66.552
202406 79.316 132.554 79.600
202409 87.829 133.029 87.829

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.


Avis Budget Group  (FRA:CUCA) 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.


Avis Budget Group Cyclically Adjusted PS Ratio Related Terms

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


Avis Budget Group Business Description

Traded in Other Exchanges
Address
379 Interpace Parkway, Parsippany, NJ, USA, 07054
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.

Avis Budget Group Headlines

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