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VBG Group AB (FRA:KU4) Cyclically Adjusted PS Ratio : 2.84 (As of Jun. 13, 2024)


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What is VBG Group AB Cyclically Adjusted PS Ratio?

As of today (2024-06-13), VBG Group AB's current share price is €40.30. VBG Group AB's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €14.18. VBG Group AB's Cyclically Adjusted PS Ratio for today is 2.84.

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

FRA:KU4' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.91   Med: 1.56   Max: 2.92
Current: 2.92

During the past years, VBG Group AB's highest Cyclically Adjusted PS Ratio was 2.92. The lowest was 0.91. And the median was 1.56.

FRA:KU4's Cyclically Adjusted PS Ratio is ranked worse than
86.07% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs FRA:KU4: 2.92

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.

VBG Group AB's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.424. 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 €14.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VBG Group AB Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VBG Group AB'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.

VBG Group AB Cyclically Adjusted PS Ratio Chart

VBG Group AB 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 1.68 1.54 1.68 1.02 1.54

VBG Group AB 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 1.22 1.23 1.26 1.54 1.94

Competitive Comparison of VBG Group AB's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, VBG Group AB'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.


VBG Group AB's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



VBG Group AB 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.

VBG Group AB's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.30/14.18
=2.84

* 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.

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

For example, VBG Group AB'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)
=5.424/132.2054*132.2054
=5.424

Current CPI (Mar. 2024) = 132.2054.

VBG Group AB Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.690 100.432 2.225
201409 1.748 100.161 2.307
201412 1.787 100.225 2.357
201503 2.128 99.950 2.815
201506 1.980 99.995 2.618
201509 1.804 100.228 2.380
201512 1.934 100.276 2.550
201603 2.217 100.751 2.909
201606 2.212 101.019 2.895
201609 1.940 101.138 2.536
201612 2.651 102.022 3.435
201703 4.606 102.022 5.969
201706 3.188 102.752 4.102
201709 3.013 103.279 3.857
201712 3.070 103.793 3.910
201803 3.218 103.962 4.092
201806 3.622 104.875 4.566
201809 3.354 105.679 4.196
201812 2.602 105.912 3.248
201903 3.769 105.886 4.706
201906 3.684 106.742 4.563
201909 3.400 107.214 4.193
201912 3.233 107.766 3.966
202003 3.521 106.563 4.368
202006 2.556 107.498 3.143
202009 2.913 107.635 3.578
202012 2.987 108.296 3.646
202103 3.545 108.360 4.325
202106 3.659 108.928 4.441
202109 3.336 110.338 3.997
202112 3.645 112.486 4.284
202203 4.387 114.825 5.051
202206 4.304 118.384 4.807
202209 4.042 122.296 4.370
202212 4.334 126.365 4.534
202303 4.989 127.042 5.192
202306 4.974 129.407 5.082
202309 4.868 130.224 4.942
202312 5.184 131.912 5.196
202403 5.424 132.205 5.424

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.


VBG Group AB  (FRA:KU4) 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.


VBG Group AB Cyclically Adjusted PS Ratio Related Terms

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


VBG Group AB (FRA:KU4) Business Description

Traded in Other Exchanges
Address
Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34
VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.

VBG Group AB (FRA:KU4) Headlines

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