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Sonic Automotive (STU:SA8A) Cyclically Adjusted PS Ratio : 0.20 (As of May. 01, 2024)


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What is Sonic Automotive Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Sonic Automotive's current share price is €54.00. Sonic Automotive's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €270.92. Sonic Automotive's Cyclically Adjusted PS Ratio for today is 0.20.

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

STU:SA8A' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.15   Max: 0.26
Current: 0.19

During the past years, Sonic Automotive's highest Cyclically Adjusted PS Ratio was 0.26. The lowest was 0.06. And the median was 0.15.

STU:SA8A's Cyclically Adjusted PS Ratio is ranked better than
83.18% of 993 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs STU:SA8A: 0.19

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.

Sonic Automotive's adjusted revenue per share data for the three months ended in Mar. 2024 was €89.206. 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 €270.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sonic Automotive Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sonic Automotive'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.

Sonic Automotive Cyclically Adjusted PS Ratio Chart

Sonic Automotive 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 0.16 0.19 0.21 0.18 0.19

Sonic Automotive 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 0.17 0.16 0.19 0.19

Competitive Comparison of Sonic Automotive's Cyclically Adjusted PS Ratio

For the Auto & Truck Dealerships subindustry, Sonic Automotive'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.


Sonic Automotive's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Sonic Automotive 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.

Sonic Automotive's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=54.00/270.92
=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.

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

For example, Sonic Automotive'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)
=89.206/129.4194*129.4194
=89.206

Current CPI (Mar. 2024) = 129.4194.

Sonic Automotive Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 32.723 100.560 42.114
201409 34.783 100.428 44.824
201412 36.801 99.070 48.075
201503 40.185 99.621 52.205
201506 42.267 100.684 54.330
201509 43.777 100.392 56.435
201512 45.114 99.792 58.508
201603 42.585 100.470 54.855
201606 46.169 101.688 58.760
201609 50.252 101.861 63.848
201612 53.389 101.863 67.832
201703 47.758 102.862 60.088
201706 47.782 103.349 59.835
201709 47.985 104.136 59.636
201712 51.615 104.011 64.224
201803 45.503 105.290 55.931
201806 49.975 106.317 60.835
201809 49.251 106.507 59.846
201812 52.735 105.998 64.387
201903 49.300 107.251 59.490
201906 53.515 108.070 64.087
201909 55.518 108.329 66.326
201912 55.620 108.420 66.393
202003 49.015 108.902 58.250
202006 43.037 108.767 51.209
202009 48.539 109.815 57.204
202012 54.940 109.897 64.700
202103 53.814 111.754 62.320
202106 64.109 114.631 72.379
202109 60.321 115.734 67.454
202112 65.541 117.630 72.110
202203 75.077 121.301 80.102
202206 81.898 125.017 84.782
202209 88.841 125.227 91.816
202212 90.872 125.222 93.918
202303 88.368 127.348 89.806
202306 93.656 128.729 94.159
202309 95.898 129.860 95.573
202312 93.922 129.419 93.922
202403 89.206 129.419 89.206

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.


Sonic Automotive  (STU:SA8A) 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.


Sonic Automotive Cyclically Adjusted PS Ratio Related Terms

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


Sonic Automotive (STU:SA8A) Business Description

Traded in Other Exchanges
Address
4401 Colwick Road, Charlotte, NC, USA, 28211
Sonic Automotive is one of the largest auto dealership groups in the United States. The company has 108 franchised stores in 18 states, primarily in metropolitan areas in California, Texas, and the Southeast, plus 18 EchoPark and 7 Northwest Motorsports used-vehicle stores, and 16 collision centers. The company derives revenue from new and used vehicles plus parts and collision repair, finance, insurance, and wholesale auctions. Luxury and import dealerships make up about 83% of franchise new-vehicle revenue, while Honda, BMW, Mercedes, and Toyota constitute about 56% of new-vehicle revenue. BMW is the largest brand at about 26%. 2022's revenue was $14 billion, with EchoPark's portion totaling $2.5 billion. Sonic bought RFJ Auto in December 2021, which added $3.2 billion in sales.

Sonic Automotive (STU:SA8A) Headlines

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