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CNH Industrial NV (CNH Industrial NV) Cyclically Adjusted PS Ratio : 0.48 (As of May. 26, 2024)


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What is CNH Industrial NV Cyclically Adjusted PS Ratio?

As of today (2024-05-26), CNH Industrial NV's current share price is $10.67. CNH Industrial NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $22.23. CNH Industrial NV's Cyclically Adjusted PS Ratio for today is 0.48.

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

CNH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.58   Max: 0.76
Current: 0.48

During the past years, CNH Industrial NV's highest Cyclically Adjusted PS Ratio was 0.76. The lowest was 0.44. And the median was 0.58.

CNH's Cyclically Adjusted PS Ratio is ranked better than
74.27% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs CNH: 0.48

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.

CNH Industrial NV's adjusted revenue per share data for the three months ended in Mar. 2024 was $3.782. 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 $22.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CNH Industrial NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CNH Industrial NV'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.

CNH Industrial NV Cyclically Adjusted PS Ratio Chart

CNH Industrial NV 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 - - - 0.70 0.54

CNH Industrial NV 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 0.67 0.63 0.53 0.54 0.58

Competitive Comparison of CNH Industrial NV's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, CNH Industrial NV'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.


CNH Industrial NV's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

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

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



CNH Industrial NV 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.

CNH Industrial NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.67/22.23
=0.48

* 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.

CNH Industrial NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CNH Industrial NV'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)
=3.782/131.6000*131.6000
=3.782

Current CPI (Mar. 2024) = 131.6000.

CNH Industrial NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.547 99.800 8.633
201409 5.690 100.000 7.488
201412 6.151 99.900 8.103
201503 4.376 99.600 5.782
201506 5.105 100.100 6.711
201509 4.295 100.200 5.641
201512 5.238 100.400 6.866
201603 3.941 100.400 5.166
201606 4.951 101.000 6.451
201609 4.215 101.500 5.465
201612 5.302 102.200 6.827
201703 4.235 102.700 5.427
201706 5.123 103.500 6.514
201709 4.879 104.300 6.156
201712 6.059 105.000 7.594
201803 4.951 105.100 6.199
201806 5.911 105.900 7.345
201809 4.923 106.600 6.078
201812 6.040 107.100 7.422
201903 4.762 107.000 5.857
201906 5.580 107.900 6.806
201909 4.704 108.400 5.711
201912 5.696 108.500 6.909
202003 4.045 108.600 4.902
202006 4.126 108.800 4.991
202009 4.805 109.200 5.791
202012 -2.037 109.400 -2.450
202103 3.014 109.700 3.616
202106 3.802 111.400 4.491
202109 3.487 112.400 4.083
202112 4.018 114.700 4.610
202203 3.410 116.500 3.852
202206 4.472 120.500 4.884
202209 4.340 122.300 4.670
202212 5.064 125.300 5.319
202303 3.931 126.800 4.080
202306 4.846 129.400 4.928
202309 4.431 130.100 4.482
202312 5.088 130.500 5.131
202403 3.782 131.600 3.782

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.


CNH Industrial NV  (NYSE:CNH) 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.


CNH Industrial NV Cyclically Adjusted PS Ratio Related Terms

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


CNH Industrial NV (CNH Industrial NV) Business Description

Address
25 St. James's Street, London, GBR, SW1A 1HA
CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. The company's products are available through a robust dealer network, which includes over 3,600 dealer and distribution locations globally. CNH's finance arm provides retail financing for equipment to its customers in addition to wholesale financing for dealers, which increases the likelihood of product sales.

CNH Industrial NV (CNH Industrial NV) Headlines