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ZF Commercial Vehicle Control Systems India (NSE:ZFCVINDIA) Cyclically Adjusted PS Ratio : 10.97 (As of Jun. 15, 2024)


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What is ZF Commercial Vehicle Control Systems India Cyclically Adjusted PS Ratio?

As of today (2024-06-15), ZF Commercial Vehicle Control Systems India's current share price is ₹17315.95. ZF Commercial Vehicle Control Systems India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₹1,578.40. ZF Commercial Vehicle Control Systems India's Cyclically Adjusted PS Ratio for today is 10.97.

The historical rank and industry rank for ZF Commercial Vehicle Control Systems India's Cyclically Adjusted PS Ratio or its related term are showing as below:

NSE:ZFCVINDIA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.2   Med: 6.79   Max: 11.03
Current: 10.95

During the past years, ZF Commercial Vehicle Control Systems India's highest Cyclically Adjusted PS Ratio was 11.03. The lowest was 4.20. And the median was 6.79.

NSE:ZFCVINDIA's Cyclically Adjusted PS Ratio is ranked worse than
98.51% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs NSE:ZFCVINDIA: 10.95

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.

ZF Commercial Vehicle Control Systems India's adjusted revenue per share data for the three months ended in Mar. 2024 was ₹501.770. 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 ₹1,578.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ZF Commercial Vehicle Control Systems India Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ZF Commercial Vehicle Control Systems India'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.

ZF Commercial Vehicle Control Systems India Cyclically Adjusted PS Ratio Chart

ZF Commercial Vehicle Control Systems India Annual Data
Trend Mar15 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 - 5.64 6.10 7.35 9.62

ZF Commercial Vehicle Control Systems India 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 7.35 8.24 10.26 10.30 9.62

Competitive Comparison of ZF Commercial Vehicle Control Systems India's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, ZF Commercial Vehicle Control Systems India'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.


ZF Commercial Vehicle Control Systems India's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Commercial Vehicle Control Systems India's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where ZF Commercial Vehicle Control Systems India's Cyclically Adjusted PS Ratio falls into.



ZF Commercial Vehicle Control Systems India 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.

ZF Commercial Vehicle Control Systems India's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17315.95/1578.4
=10.97

* 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.

ZF Commercial Vehicle Control Systems India's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, ZF Commercial Vehicle Control Systems India'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)
=501.77/153.0345*153.0345
=501.770

Current CPI (Mar. 2024) = 153.0345.

ZF Commercial Vehicle Control Systems India Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 170.634 94.103 277.494
201409 170.260 96.780 269.224
201412 167.770 96.780 265.287
201503 197.467 97.163 311.016
201506 202.924 99.841 311.040
201509 245.164 101.753 368.721
201512 241.232 102.901 358.761
201603 295.858 102.518 441.643
201606 282.986 105.961 408.703
201609 244.759 105.961 353.494
201612 258.280 105.196 375.734
201703 304.151 105.196 442.465
201706 277.144 107.109 395.977
201709 321.505 109.021 451.300
201712 342.671 109.404 479.329
201803 413.802 109.786 576.811
201806 393.984 111.317 541.637
201809 391.596 115.142 520.468
201812 368.952 115.142 490.372
201903 311.862 118.202 403.763
201906 336.213 120.880 425.648
201909 235.132 123.175 292.132
201912 232.457 126.235 281.807
202003 195.933 124.705 240.443
202006 61.463 127.000 74.062
202009 220.771 130.118 259.654
202012 298.643 130.889 349.171
202103 363.218 131.771 421.831
202106 257.584 134.084 293.989
202109 321.200 135.847 361.839
202112 342.002 138.161 378.820
202203 408.678 138.822 450.519
202206 418.085 142.347 449.474
202209 415.427 144.661 439.473
202212 456.258 145.763 479.019
202303 511.385 146.865 532.869
202306 504.949 150.280 514.204
202309 518.306 151.492 523.583
202312 470.117 152.924 470.456
202403 501.770 153.035 501.770

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.


ZF Commercial Vehicle Control Systems India  (NSE:ZFCVINDIA) 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.


ZF Commercial Vehicle Control Systems India Cyclically Adjusted PS Ratio Related Terms

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


ZF Commercial Vehicle Control Systems India (NSE:ZFCVINDIA) Business Description

Traded in Other Exchanges
Address
Plot No. 3 (SP), III Main Road, Ambattur Industrial Estate, Chennai, TN, IND, 600058
ZF Commercial Vehicle Control Systems India Ltd is a supplier of technologies and services that improve commercial vehicle safety, efficiency, and connectivity. It offers conventional braking products, advanced braking systems, and other related air-assisted products and systems, such as air suspension and driveline controls.

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