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Sixt SE (FRA:SIX3) Cyclically Adjusted PS Ratio : 1.34 (As of Jun. 07, 2024)


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What is Sixt SE Cyclically Adjusted PS Ratio?

As of today (2024-06-07), Sixt SE's current share price is €59.40. Sixt SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €44.42. Sixt SE's Cyclically Adjusted PS Ratio for today is 1.34.

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

FRA:SIX3' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 2.03   Max: 3.53
Current: 1.25

During the past years, Sixt SE's highest Cyclically Adjusted PS Ratio was 3.53. The lowest was 0.89. And the median was 2.03.

FRA:SIX3's Cyclically Adjusted PS Ratio is ranked worse than
60.43% of 690 companies
in the Business Services industry
Industry Median: 0.885 vs FRA:SIX3: 1.25

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.

Sixt SE's adjusted revenue per share data for the three months ended in Mar. 2024 was €16.620. 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 €44.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sixt SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sixt SE'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.

Sixt SE Cyclically Adjusted PS Ratio Chart

Sixt SE 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 1.99 2.20 3.25 1.58 1.69

Sixt SE 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 2.18 1.91 1.48 1.69 1.52

Competitive Comparison of Sixt SE's Cyclically Adjusted PS Ratio

For the Rental & Leasing Services subindustry, Sixt SE'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.


Sixt SE's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



Sixt SE 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.

Sixt SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=59.40/44.42
=1.34

* 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.

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

For example, Sixt SE'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)
=16.62/125.0381*125.0381
=16.620

Current CPI (Mar. 2024) = 125.0381.

Sixt SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.181 99.543 11.532
201409 10.729 99.823 13.439
201412 9.504 99.543 11.938
201503 9.663 99.717 12.117
201506 11.191 100.417 13.935
201509 13.138 100.417 16.359
201512 11.352 99.717 14.235
201603 11.195 100.017 13.996
201606 12.887 100.717 15.999
201609 14.441 101.017 17.875
201612 12.490 101.217 15.429
201703 12.423 101.417 15.316
201706 13.758 102.117 16.846
201709 15.875 102.717 19.325
201712 13.713 102.617 16.709
201803 13.329 102.917 16.194
201806 15.341 104.017 18.441
201809 18.633 104.718 22.249
201812 15.119 104.217 18.139
201903 10.773 104.217 12.925
201906 13.399 105.718 15.848
201909 12.299 106.018 14.506
201912 12.532 105.818 14.808
202003 10.406 105.718 12.308
202006 4.872 106.618 5.714
202009 9.853 105.818 11.643
202012 7.510 105.518 8.899
202103 1.485 107.518 1.727
202106 10.633 108.486 12.255
202109 17.021 109.435 19.448
202112 13.897 110.384 15.742
202203 12.372 113.968 13.574
202206 15.777 115.760 17.041
202209 21.241 118.818 22.353
202212 15.860 119.345 16.617
202303 14.805 122.402 15.124
202306 19.733 123.140 20.037
202309 24.051 124.195 24.214
202312 18.560 123.773 18.750
202403 16.620 125.038 16.620

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.


Sixt SE  (FRA:SIX3) 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.


Sixt SE Cyclically Adjusted PS Ratio Related Terms

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


Sixt SE (FRA:SIX3) Business Description

Industry
Address
Zugspitzstrasse 1, Pullach, BY, DEU, 82049
Sixt SE provides automotive rental services mainly across Europe and the US. The company offers rental solutions from passenger vehicles, including sports utilities vehicles, electric vehicles, and luxury sports cars to vans and trucks. With its products SIXT rent, SIXT share, SIXT ride, and others, the company offers mobility services in the areas of car rental, car sharing, ride services, and car subscriptions. These products can be booked via a single app that also integrates the services of mobility partners.

Sixt SE (FRA:SIX3) Headlines

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