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Rheinmetall AG (Rheinmetall AG) Cyclically Adjusted PS Ratio : 3.27 (As of Jun. 10, 2024)


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What is Rheinmetall AG Cyclically Adjusted PS Ratio?

As of today (2024-06-10), Rheinmetall AG's current share price is $571.775. Rheinmetall AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $174.98. Rheinmetall AG's Cyclically Adjusted PS Ratio for today is 3.27.

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

RNMBF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.78   Max: 3.38
Current: 3.32

During the past years, Rheinmetall AG's highest Cyclically Adjusted PS Ratio was 3.38. The lowest was 0.40. And the median was 0.78.

RNMBF's Cyclically Adjusted PS Ratio is ranked worse than
76.06% of 213 companies
in the Aerospace & Defense industry
Industry Median: 1.47 vs RNMBF: 3.32

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.

Rheinmetall AG's adjusted revenue per share data for the three months ended in Mar. 2024 was $36.846. 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 $174.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rheinmetall AG Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rheinmetall 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.

Rheinmetall AG Cyclically Adjusted PS Ratio Chart

Rheinmetall 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 0.76 0.64 0.59 1.22 1.81

Rheinmetall AG 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 1.75 1.59 1.53 1.81 3.25

Competitive Comparison of Rheinmetall AG's Cyclically Adjusted PS Ratio

For the Aerospace & Defense subindustry, Rheinmetall 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.


Rheinmetall AG's Cyclically Adjusted PS Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Rheinmetall AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Rheinmetall 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.

Rheinmetall AG's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=571.775/174.98
=3.27

* 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.

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

For example, Rheinmetall AG'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)
=36.846/125.0381*125.0381
=36.846

Current CPI (Mar. 2024) = 125.0381.

Rheinmetall AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 39.104 99.543 49.120
201409 36.587 99.823 45.829
201412 47.332 99.543 59.455
201503 31.737 99.717 39.796
201506 35.544 100.417 44.259
201509 34.748 100.417 43.268
201512 41.013 99.717 51.428
201603 32.345 100.017 40.437
201606 37.468 100.717 46.516
201609 33.826 101.017 41.870
201612 41.959 101.217 51.834
201703 33.665 101.417 41.506
201706 38.505 102.117 47.148
201709 37.538 102.717 45.695
201712 47.526 102.617 57.910
201803 35.604 102.917 43.257
201806 40.807 104.017 49.054
201809 38.488 104.718 45.957
201812 52.358 104.217 62.818
201903 35.067 104.217 42.073
201906 38.708 105.718 45.782
201909 38.058 106.018 44.886
201912 50.288 105.818 59.422
202003 34.628 105.718 40.956
202006 29.456 106.618 34.545
202009 34.769 105.818 41.084
202012 49.745 105.518 58.948
202103 35.120 107.518 40.843
202106 37.232 108.486 42.913
202109 34.263 109.435 39.148
202112 47.411 110.384 53.705
202203 32.193 113.968 35.320
202206 34.729 115.760 37.512
202209 32.023 118.818 33.699
202212 57.031 119.345 59.752
202303 32.200 122.402 32.893
202306 37.386 123.140 37.962
202309 43.042 124.195 43.334
202312 50.916 123.773 51.436
202403 36.846 125.038 36.846

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.


Rheinmetall AG  (OTCPK:RNMBF) 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.


Rheinmetall AG Cyclically Adjusted PS Ratio Related Terms

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


Rheinmetall AG (Rheinmetall AG) Business Description

Address
Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476
Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.

Rheinmetall AG (Rheinmetall AG) Headlines

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