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Eicher Motors (NSE:EICHERMOT) Cyclically Adjusted PS Ratio : 9.99 (As of Dec. 14, 2024)


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What is Eicher Motors Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Eicher Motors's current share price is ₹4825.90. Eicher Motors's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was ₹483.24. Eicher Motors's Cyclically Adjusted PS Ratio for today is 9.99.

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

NSE:EICHERMOT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.46   Med: 7.15   Max: 10.66
Current: 10.09

During the past years, Eicher Motors's highest Cyclically Adjusted PS Ratio was 10.66. The lowest was 3.46. And the median was 7.15.

NSE:EICHERMOT's Cyclically Adjusted PS Ratio is ranked worse than
97.58% of 827 companies
in the Vehicles & Parts industry
Industry Median: 0.94 vs NSE:EICHERMOT: 10.09

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.

Eicher Motors's adjusted revenue per share data for the three months ended in Sep. 2024 was ₹152.415. 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 ₹483.24 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eicher Motors Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Eicher Motors'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.

Eicher Motors Cyclically Adjusted PS Ratio Chart

Eicher Motors Annual Data
Trend Dec14 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 6.85 6.20 6.86 8.65

Eicher Motors 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 7.63 8.99 8.65 9.84 10.40

Competitive Comparison of Eicher Motors's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Eicher Motors'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.


Eicher Motors's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Eicher Motors 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.

Eicher Motors's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4825.90/483.24
=9.99

* 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.

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

For example, Eicher Motors'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)
=152.415/157.8822*157.8822
=152.415

Current CPI (Sep. 2024) = 157.8822.

Eicher Motors Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 85.049 96.780 138.744
201503 92.976 97.163 151.079
201506 72.911 99.841 115.297
201509 47.448 101.753 73.621
201512 46.957 102.901 72.047
201603 135.818 102.518 209.165
201606 56.839 105.961 84.690
201609 64.121 105.961 95.540
201612 67.013 105.196 100.576
201703 68.781 105.196 103.229
201706 72.990 107.109 107.590
201709 79.158 109.021 114.635
201712 82.446 109.404 118.979
201803 92.220 109.786 132.620
201806 92.798 111.317 131.617
201809 87.706 115.142 120.262
201812 85.288 115.142 116.947
201903 91.375 118.202 122.049
201906 86.527 120.880 113.014
201909 79.553 123.175 101.969
201912 86.062 126.235 107.638
202003 80.194 124.705 101.529
202006 29.621 127.000 36.824
202009 77.383 130.118 93.895
202012 102.653 130.889 123.823
202103 106.784 131.771 127.944
202106 70.953 134.084 83.546
202109 80.947 135.847 94.077
202112 103.277 138.161 118.019
202203 114.879 138.822 130.652
202206 121.451 142.347 134.705
202209 126.074 144.661 137.596
202212 133.778 145.763 144.901
202303 136.422 146.865 146.656
202306 142.708 150.280 149.927
202309 147.073 151.492 153.277
202312 150.042 152.924 154.906
202403 152.417 153.035 157.245
202406 157.071 155.789 159.182
202409 152.415 157.882 152.415

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.


Eicher Motors  (NSE:EICHERMOT) 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.


Eicher Motors Cyclically Adjusted PS Ratio Related Terms

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


Eicher Motors Business Description

Traded in Other Exchanges
Address
No. 96, Sector 32, Gurugram, HR, IND, 122001
Eicher Motors Ltd is an Indian automobile manufacturer and is also engaged in the retail of related components and accessories. The company manufactures two-wheeler motorcycles and commercial vehicles. The Motorcycles division, which derives its key revenue, produces motorcycles through the Royal Enfield brand. The Commercial Vehicles division, through a joint venture with Volvo, produces trucks and buses for sale in India and other developing markets. The company derives the vast majority of its revenue within India and also has a presence in overseas markets.

Eicher Motors Headlines

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