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Rheinmetall AG (STU:RHMB) Cyclically Adjusted PS Ratio : 3.28 (As of May. 29, 2024)


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What is Rheinmetall AG Cyclically Adjusted PS Ratio?

As of today (2024-05-29), Rheinmetall AG's current share price is €106.00. Rheinmetall AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €32.35. Rheinmetall AG's Cyclically Adjusted PS Ratio for today is 3.28.

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

STU:RHMB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.78   Max: 3.38
Current: 3.26

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.

STU:RHMB's Cyclically Adjusted PS Ratio is ranked worse than
74.3% of 214 companies
in the Aerospace & Defense industry
Industry Median: 1.53 vs STU:RHMB: 3.26

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 €6.780. 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 €32.35 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
=106.00/32.35
=3.28

* 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)
=6.78/125.0381*125.0381
=6.780

Current CPI (Mar. 2024) = 125.0381.

Rheinmetall AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.756 99.543 7.230
201409 5.678 99.823 7.112
201412 7.677 99.543 9.643
201503 5.865 99.717 7.354
201506 6.334 100.417 7.887
201509 6.192 100.417 7.710
201512 7.530 99.717 9.442
201603 5.809 100.017 7.262
201606 6.669 100.717 8.279
201609 6.028 101.017 7.461
201612 7.955 101.217 9.827
201703 6.295 101.417 7.761
201706 6.854 102.117 8.392
201709 6.299 102.717 7.668
201712 8.032 102.617 9.787
201803 5.775 102.917 7.016
201806 6.986 104.017 8.398
201809 6.597 104.718 7.877
201812 9.205 104.217 11.044
201903 6.207 104.217 7.447
201906 6.851 105.718 8.103
201909 6.911 106.018 8.151
201912 9.052 105.818 10.696
202003 6.268 105.718 7.414
202006 5.231 106.618 6.135
202009 5.904 105.818 6.976
202012 8.178 105.518 9.691
202103 5.900 107.518 6.861
202106 6.180 108.486 7.123
202109 5.825 109.435 6.656
202112 8.392 110.384 9.506
202203 5.846 113.968 6.414
202206 6.571 115.760 7.098
202209 6.469 118.818 6.808
202212 10.767 119.345 11.281
202303 6.015 122.402 6.145
202306 6.902 123.140 7.008
202309 8.066 124.195 8.121
202312 9.338 123.773 9.433
202403 6.780 125.038 6.780

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  (STU:RHMB) 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 (STU:RHMB) 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.

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