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Transurban Group (Transurban Group) Cyclically Adjusted PS Ratio : 8.78 (As of May. 16, 2024)


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What is Transurban Group Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Transurban Group's current share price is $8.08. Transurban Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $0.92. Transurban Group's Cyclically Adjusted PS Ratio for today is 8.78.

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

TRAUF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.55   Med: 12.3   Max: 16.79
Current: 8.86

During the past 13 years, Transurban Group's highest Cyclically Adjusted PS Ratio was 16.79. The lowest was 8.55. And the median was 12.30.

TRAUF's Cyclically Adjusted PS Ratio is ranked worse than
97.81% of 1276 companies
in the Construction industry
Industry Median: 0.65 vs TRAUF: 8.86

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.

Transurban Group's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $0.907. 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 $0.92 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Transurban Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Transurban Group'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.

Transurban Group Cyclically Adjusted PS Ratio Chart

Transurban Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.79 12.55 11.94 11.30 10.27

Transurban Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 11.30 - 10.27 -

Competitive Comparison of Transurban Group's Cyclically Adjusted PS Ratio

For the Infrastructure Operations subindustry, Transurban Group'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.


Transurban Group's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Transurban Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Transurban Group 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.

Transurban Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.08/0.92
=8.78

* 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.

Transurban Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Transurban Group's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.907/124.1700*124.1700
=0.907

Current CPI (Jun23) = 124.1700.

Transurban Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.654 98.352 0.826
201506 0.728 99.838 0.905
201606 0.801 100.859 0.986
201706 0.981 102.809 1.185
201806 1.129 104.945 1.336
201906 1.113 106.617 1.296
202006 0.908 106.246 1.061
202106 0.799 110.332 0.899
202206 0.800 117.112 0.848
202306 0.907 124.170 0.907

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.


Transurban Group  (OTCPK:TRAUF) 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.


Transurban Group Cyclically Adjusted PS Ratio Related Terms

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


Transurban Group (Transurban Group) Business Description

Traded in Other Exchanges
Address
727 Collins Street, Level 31, Tower 5, Collins Square, Docklands, VIC, AUS, 3008
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is about 28 years. Australian assets contribute around 90% of proportional revenue.

Transurban Group (Transurban Group) Headlines

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