Bayerische Motoren Werke AG (HAM:BMW) Cyclically Adjusted PS Ratio: (As of Sep. 22, 2026)

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HAM:BMW Bayerische Motoren Werke AG HAM:BMW
70 GF Score
Price €60.82
GF Value €77.82
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Bayerische Motoren Werke AG Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bayerische Motoren Werke AG  (HAM:BMW) 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.


Bayerische Motoren Werke AG Cyclically Adjusted PS Ratio Related Terms


Bayerische Motoren Werke AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Bayerische Motoren Werke 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.

Bayerische Motoren Werke AG Cyclically Adjusted PS Ratio Chart

Bayerische Motoren Werke AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.49 0.54 0.39 0.45

Bayerische Motoren Werke AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.37 0.41 0.45 0.37 0.27

HAM:BMW vs TSLA, GM, F: Cyclically Adjusted PS Ratio Comparison

For the Auto Manufacturers subindustry, Bayerische Motoren Werke 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.


Bayerische Motoren Werke AG Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

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

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


HAM:BMW
70GF Score
Bayerische Motoren Werke AG HAM:BMW
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bayerische Motoren Werke 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.

Bayerische Motoren Werke AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Bayerische Motoren Werke AG's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=51.845/131.3638*131.3638
=51.845

Current CPI (Jun. 2026) = 131.3638.

Bayerische Motoren Werke AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 35.569 101.017 46.254
201612 37.945 101.217 49.247
201703 36.411 101.417 47.163
201706 39.210 102.117 50.440
201709 35.965 102.717 45.995
201712 37.953 102.617 48.585
201803 34.466 102.917 43.992
201806 38.006 104.017 47.998
201809 37.584 104.718 47.148
201812 37.200 104.217 46.890
201903 34.130 104.217 43.020
201906 39.073 105.718 48.552
201909 40.520 106.018 50.207
201912 44.571 105.818 55.331
202003 35.291 105.718 43.852
202006 30.314 106.618 37.350
202009 39.891 105.818 49.521
202012 44.650 105.518 55.587
202103 40.606 107.518 49.612
202106 43.341 108.486 52.481
202109 41.657 109.435 50.004
202112 42.938 110.384 51.099
202203 47.070 113.968 54.255
202206 52.554 115.760 59.638
202209 56.901 118.818 62.909
202212 61.159 119.345 67.318
202303 57.438 122.402 61.643
202306 58.248 123.140 62.138
202309 60.501 124.195 63.993
202312 67.800 123.773 71.958
202403 57.774 125.038 60.697
202406 57.823 125.882 60.341
202409 52.068 126.198 54.199
202412 58.498 127.041 60.488
202503 54.743 127.779 56.279
202506 55.267 128.412 56.538
202509 52.891 129.255 53.754
202512 55.038 129.361 55.890
202603 51.232 131.258 51.273
202606 51.845 131.364 51.845

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.

Is Bayerische Motoren Werke AG (HAM:BMW) Overvalued in 2026?

Based on GuruFocus' analysis, Bayerische Motoren Werke AG stock appears to be undervalued. The current stock price of €60.82 is trading 21.8% below its estimated GF Value™ of €77.82. GuruFocus considers Bayerische Motoren Werke AG to be Modestly Undervalued.

Key valuation signals for HAM:BMW:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €77.82 vs. price of €60.82 (21.8% below fair value)
  • GF Score™: 70/100 with 3 warning signs

No single metric tells the full story. See the HAM:BMW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bayerische Motoren Werke AG Business Description

Address Petuelring 130, Munich, BY, DEU, 80809
BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.7 million vehicles in 2025, or which 2.5 million were passenger cars. In terms of sales volume, Europe and Asia are BMW's largest regions, contributing 43% and 33%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end vehicles.
70GF Score

Get the complete analysis for HAM:BMW

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€60.82
Price
€77.82
GF Value