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SAIC Motor (SHSE:600104) Cyclically Adjusted PS Ratio : 0.20 (As of May. 22, 2024)


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What is SAIC Motor Cyclically Adjusted PS Ratio?

As of today (2024-05-22), SAIC Motor's current share price is ¥14.43. SAIC Motor's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ¥71.65. SAIC Motor's Cyclically Adjusted PS Ratio for today is 0.20.

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

SHSE:600104' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.49   Max: 0.87
Current: 0.2

During the past years, SAIC Motor's highest Cyclically Adjusted PS Ratio was 0.87. The lowest was 0.18. And the median was 0.49.

SHSE:600104's Cyclically Adjusted PS Ratio is ranked better than
82.9% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs SHSE:600104: 0.20

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.

SAIC Motor's adjusted revenue per share data for the three months ended in Mar. 2024 was ¥12.442. 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 ¥71.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SAIC Motor Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SAIC Motor'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.

SAIC Motor Cyclically Adjusted PS Ratio Chart

SAIC Motor 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 0.37 0.37 0.30 0.20 0.19

SAIC Motor 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 0.20 0.20 0.21 0.19 0.21

Competitive Comparison of SAIC Motor's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, SAIC Motor'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.


SAIC Motor's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



SAIC Motor 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.

SAIC Motor's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.43/71.65
=0.20

* 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.

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

For example, SAIC Motor'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)
=12.442/115.2271*115.2271
=12.442

Current CPI (Mar. 2024) = 115.2271.

SAIC Motor Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.751 98.200 16.135
201409 13.724 98.900 15.990
201412 14.390 99.000 16.749
201503 15.399 99.900 17.762
201506 13.956 99.500 16.162
201509 13.812 100.500 15.836
201512 17.629 100.600 20.192
201603 16.799 102.200 18.940
201606 15.060 101.400 17.114
201609 16.345 102.400 18.392
201612 20.407 102.600 22.919
201703 17.131 103.200 19.127
201706 17.124 103.100 19.138
201709 18.116 104.100 20.052
201712 22.476 104.500 24.783
201803 20.447 105.300 22.375
201806 19.348 104.900 21.253
201809 17.969 106.600 19.423
201812 19.454 106.500 21.048
201903 17.130 107.700 18.327
201906 15.074 107.700 16.128
201909 17.906 109.800 18.791
201912 22.051 111.200 22.850
202003 9.074 112.300 9.311
202006 15.187 110.400 15.851
202009 18.436 111.700 19.018
202012 20.948 111.500 21.648
202103 16.323 112.662 16.695
202106 15.299 111.769 15.772
202109 16.126 112.215 16.559
202112 19.644 113.108 20.012
202203 15.814 114.335 15.937
202206 11.617 114.558 11.685
202209 18.389 115.339 18.371
202212 18.819 115.116 18.837
202303 12.690 115.116 12.702
202306 15.701 114.558 15.793
202309 17.120 115.339 17.103
202312 19.206 114.781 19.281
202403 12.442 115.227 12.442

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.


SAIC Motor  (SHSE:600104) 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.


SAIC Motor Cyclically Adjusted PS Ratio Related Terms

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


SAIC Motor (SHSE:600104) Business Description

Traded in Other Exchanges
N/A
Address
489 Weihai Road, Shanghai, CHN, 200041
SAIC Motor Corp Ltd builds and sells passenger cars and commercial vehicles. It is exploring intelligent driving technology research and industrialization of exploration. It is engaged in the research, production, and sales of parts for motor drive systems, chassis systems, batteries, electric drives, power electronics, and other new energy vehicles. Further, it is also involved in auto-related services such as logistics, e-commerce, travel, energy saving, and charging services; auto-related finance, insurance, and investment services; and the layout of industries of big data and artificial intelligence.

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