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PACCAR (LTS:0KET) Cyclically Adjusted PS Ratio : 2.05 (As of Jan. 18, 2025)


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What is PACCAR Cyclically Adjusted PS Ratio?

As of today (2025-01-18), PACCAR's current share price is $110.25. PACCAR's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $53.84. PACCAR's Cyclically Adjusted PS Ratio for today is 2.05.

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

LTS:0KET' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.42   Max: 2.43
Current: 2.05

During the past years, PACCAR's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.94. And the median was 1.42.

LTS:0KET's Cyclically Adjusted PS Ratio is ranked worse than
73.72% of 156 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.08 vs LTS:0KET: 2.05

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.

PACCAR's adjusted revenue per share data for the three months ended in Sep. 2024 was $15.650. 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 $53.84 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PACCAR Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PACCAR'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.

PACCAR Cyclically Adjusted PS Ratio Chart

PACCAR 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 1.42 1.47 1.38 1.40 1.91

PACCAR 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 1.68 1.91 2.36 1.93 1.83

Competitive Comparison of PACCAR's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PACCAR 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.

PACCAR's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=110.25/53.84
=2.05

* 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.

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

For example, PACCAR'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)
=15.65/133.0289*133.0289
=15.650

Current CPI (Sep. 2024) = 133.0289.

PACCAR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 9.592 99.070 12.880
201503 9.047 99.621 12.081
201506 9.505 100.684 12.559
201509 9.080 100.392 12.032
201512 8.200 99.792 10.931
201603 8.160 100.470 10.804
201606 8.368 101.688 10.947
201609 8.053 101.861 10.517
201612 7.714 101.863 10.074
201703 8.010 102.862 10.359
201706 8.892 103.349 11.446
201709 9.558 104.136 12.210
201712 10.296 104.011 13.168
201803 10.663 105.290 13.472
201806 10.979 106.317 13.737
201809 10.919 106.507 13.638
201812 11.972 105.998 15.025
201903 12.435 107.251 15.424
201906 12.708 108.070 15.643
201909 12.225 108.329 15.012
201912 11.746 108.420 14.412
202003 9.908 108.902 12.103
202006 5.887 108.767 7.200
202009 9.467 109.815 11.468
202012 10.669 109.897 12.915
202103 11.185 111.754 13.314
202106 11.179 114.631 12.973
202109 9.851 115.734 11.323
202112 12.784 117.630 14.458
202203 12.369 121.301 13.565
202206 13.683 125.017 14.560
202209 13.489 125.227 14.329
202212 15.523 125.222 16.491
202303 16.158 127.348 16.879
202306 16.923 128.729 17.488
202309 16.555 129.860 16.959
202312 17.269 129.419 17.751
202403 16.615 131.776 16.773
202406 16.658 132.554 16.718
202409 15.650 133.029 15.650

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.


PACCAR  (LTS:0KET) 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.


PACCAR Cyclically Adjusted PS Ratio Related Terms

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


PACCAR Business Description

Address
777-106th Avenue N.E., Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt (primarily sold in the NAFTA region and Australia), and DAF trucks (sold in Europe and South America). The company's trucks are sold through more than 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands roughly 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.

PACCAR Headlines

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