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Mercedes-Benz Group AG (MEX:MBG) Cyclically Adjusted PS Ratio : 0.31 (As of Dec. 11, 2024)


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What is Mercedes-Benz Group AG Cyclically Adjusted PS Ratio?

As of today (2024-12-11), Mercedes-Benz Group AG's current share price is MXN1150.52. Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was MXN3,733.60. Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio for today is 0.31.

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

MEX:MBG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.43   Max: 0.72
Current: 0.32

During the past years, Mercedes-Benz Group AG's highest Cyclically Adjusted PS Ratio was 0.72. The lowest was 0.14. And the median was 0.43.

MEX:MBG's Cyclically Adjusted PS Ratio is ranked better than
76.3% of 827 companies
in the Vehicles & Parts industry
Industry Median: 0.94 vs MEX:MBG: 0.32

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.

Mercedes-Benz Group AG's adjusted revenue per share data for the three months ended in Sep. 2024 was MXN744.445. 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 MXN3,733.60 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mercedes-Benz Group 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.

Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Chart

Mercedes-Benz Group 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 0.30 0.35 0.47 0.39 0.38

Mercedes-Benz Group AG 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 0.40 0.38 0.44 0.39 0.35

Competitive Comparison of Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Mercedes-Benz Group 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.


Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio falls into.



Mercedes-Benz Group 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.

Mercedes-Benz Group AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1150.52/3733.6
=0.31

* 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.

Mercedes-Benz Group AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Mercedes-Benz Group AG'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)
=744.445/126.1978*126.1978
=744.445

Current CPI (Sep. 2024) = 126.1978.

Mercedes-Benz Group AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 608.850 99.543 771.886
201503 528.002 99.717 668.221
201506 617.721 100.417 776.315
201509 660.822 100.417 830.482
201512 706.227 99.717 893.776
201603 627.991 100.017 792.378
201606 750.056 100.717 939.818
201609 782.940 101.017 978.108
201612 833.895 101.217 1,039.705
201703 726.269 101.417 903.731
201706 782.446 102.117 966.959
201709 823.832 102.717 1,012.157
201712 947.517 102.617 1,165.250
201803 833.171 102.917 1,021.640
201806 874.514 104.017 1,060.994
201809 820.388 104.718 988.671
201812 973.237 104.217 1,178.502
201903 813.430 104.217 984.990
201906 865.318 105.718 1,032.952
201909 879.406 106.018 1,046.798
201912 927.694 105.818 1,106.365
202003 901.501 105.718 1,076.145
202006 733.393 106.618 868.078
202009 769.072 105.818 917.193
202012 829.814 105.518 992.448
202103 747.960 107.518 877.909
202106 765.003 108.486 889.902
202109 715.610 109.435 825.226
202112 763.555 110.384 872.947
202203 714.508 113.968 791.180
202206 724.385 115.760 789.698
202209 702.137 118.818 745.748
202212 791.565 119.345 837.017
202303 676.772 122.402 697.757
202306 666.691 123.140 683.244
202309 646.416 124.195 656.842
202312 722.023 123.773 736.169
202403 623.197 125.038 628.977
202406 708.914 125.882 710.695
202409 744.445 126.198 744.445

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.


Mercedes-Benz Group AG  (MEX:MBG) 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.


Mercedes-Benz Group AG Cyclically Adjusted PS Ratio Related Terms

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Mercedes-Benz Group AG Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.