GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volkswagen AG (FRA:VOWB) » Definitions » Cyclically Adjusted PS Ratio

Volkswagen AG (FRA:VOWB) Cyclically Adjusted PS Ratio : 0.22 (As of May. 16, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Volkswagen AG Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Volkswagen AG's current share price is €12.00. Volkswagen AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €55.33. Volkswagen AG's Cyclically Adjusted PS Ratio for today is 0.22.

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

FRA:VOWB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.34   Max: 0.53
Current: 0.21

During the past years, Volkswagen AG's highest Cyclically Adjusted PS Ratio was 0.53. The lowest was 0.18. And the median was 0.34.

FRA:VOWB's Cyclically Adjusted PS Ratio is ranked better than
81.96% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs FRA:VOWB: 0.21

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.

Volkswagen AG's adjusted revenue per share data for the three months ended in Mar. 2024 was €15.053. 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 €55.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volkswagen AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Volkswagen AG'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.

Volkswagen AG Cyclically Adjusted PS Ratio Chart

Volkswagen AG 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 0.40 0.34 0.37 0.22 0.20

Volkswagen AG 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 0.23 0.22 0.20 0.20 0.22

Competitive Comparison of Volkswagen AG's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Volkswagen AG'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.


Volkswagen AG's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Volkswagen AG 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.

Volkswagen AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.00/55.33
=0.22

* 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.

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

For example, Volkswagen AG'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)
=15.053/125.0381*125.0381
=15.053

Current CPI (Mar. 2024) = 125.0381.

Volkswagen AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.338 99.543 12.986
201409 9.757 99.823 12.222
201412 10.923 99.543 13.721
201503 10.520 99.717 13.191
201506 11.179 100.417 13.920
201509 10.271 100.417 12.789
201512 10.579 99.717 13.265
201603 10.166 100.017 12.709
201606 11.365 100.717 14.109
201609 10.372 101.017 12.838
201612 11.438 101.217 14.130
201703 11.210 101.417 13.821
201706 11.800 102.117 14.449
201709 10.915 102.717 13.287
201712 11.867 102.617 14.460
201803 11.616 102.917 14.113
201806 12.198 104.017 14.663
201809 11.011 104.718 13.148
201812 12.223 104.217 14.665
201903 11.972 104.217 14.364
201906 13.003 105.718 15.379
201909 12.252 106.018 14.450
201912 13.169 105.818 15.561
202003 10.983 105.718 12.990
202006 8.194 106.618 9.610
202009 11.840 105.818 13.991
202012 13.445 105.518 15.932
202103 12.443 107.518 14.471
202106 13.424 108.486 15.472
202109 11.357 109.435 12.976
202112 12.687 110.384 14.371
202203 12.510 113.968 13.725
202206 13.864 115.760 14.975
202209 14.098 118.818 14.836
202212 15.194 119.345 15.919
202303 15.200 122.402 15.527
202306 15.970 123.140 16.216
202309 15.728 124.195 15.835
202312 17.391 123.773 17.569
202403 15.053 125.038 15.053

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.


Volkswagen AG  (FRA:VOWB) 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.


Volkswagen AG Cyclically Adjusted PS Ratio Related Terms

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


Volkswagen AG (FRA:VOWB) Business Description

Address
Berliner Ring 2, Wolfsburg, NI, DEU, 38440
Volkswagen is one of the world's largest automotive manufacturers. Automotive brands include Volkswagen passenger cars, Audi, Bentley, Lamborghini, Porsche, SEAT, and Skoda. Commercial vehicle brands include MAN, Navistar, Scania, and Volkswagen. The company's financial services group provides dealer financing to support floor plans, consumer financing for vehicle purchases, vehicle leasing, banking, and other financial services. In 2022, Europe was Volkswagen's largest light vehicle market at 41% of total volume, followed by China at 37%, and rest of world at 22%.

Volkswagen AG (FRA:VOWB) Headlines

No Headlines