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Trinity Industrial (TSE:6382) Cyclically Adjusted PS Ratio : 0.57 (As of Jun. 23, 2024)


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What is Trinity Industrial Cyclically Adjusted PS Ratio?

As of today (2024-06-23), Trinity Industrial's current share price is 円1215.00. Trinity Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円2,141.46. Trinity Industrial's Cyclically Adjusted PS Ratio for today is 0.57.

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

TSE:6382' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.39   Max: 0.59
Current: 0.57

During the past years, Trinity Industrial's highest Cyclically Adjusted PS Ratio was 0.59. The lowest was 0.28. And the median was 0.39.

TSE:6382's Cyclically Adjusted PS Ratio is ranked better than
54.23% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.65 vs TSE:6382: 0.57

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.

Trinity Industrial's adjusted revenue per share data for the three months ended in Dec. 2023 was 円607.683. 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 円2,141.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinity Industrial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Trinity Industrial'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.

Trinity Industrial Cyclically Adjusted PS Ratio Chart

Trinity Industrial Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.36 0.44 0.36 0.33

Trinity Industrial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.32 0.33 0.41 0.45 0.41

Competitive Comparison of Trinity Industrial's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Trinity Industrial'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.


Trinity Industrial's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Trinity Industrial 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.

Trinity Industrial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1215.00/2141.46
=0.57

* 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.

Trinity Industrial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Trinity Industrial's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=607.683/106.8000*106.8000
=607.683

Current CPI (Dec. 2023) = 106.8000.

Trinity Industrial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 431.973 95.700 482.076
201406 373.951 98.000 407.530
201409 392.016 98.500 425.049
201412 414.186 97.900 451.839
201503 440.897 97.900 480.979
201506 460.779 98.400 500.114
201509 470.345 98.500 509.978
201512 413.364 98.100 450.023
201603 483.009 97.900 526.919
201606 385.703 98.100 419.909
201609 426.203 98.000 464.474
201612 398.920 98.400 432.974
201703 601.297 98.100 654.623
201706 578.229 98.500 626.953
201709 514.861 98.800 556.550
201712 670.837 99.400 720.779
201803 606.580 99.200 653.052
201806 441.427 99.200 475.246
201809 532.438 99.900 569.213
201812 492.587 99.700 527.666
201903 689.108 99.700 738.182
201906 475.890 99.800 509.269
201909 596.803 100.100 636.749
201912 550.116 100.500 584.601
202003 617.846 100.300 657.886
202006 488.133 99.900 521.848
202009 523.496 99.900 559.653
202012 569.360 99.300 612.363
202103 575.129 99.900 614.853
202106 430.623 99.500 462.216
202109 464.232 100.100 495.304
202112 621.144 100.100 662.719
202203 563.837 101.100 595.626
202206 390.265 101.800 409.433
202209 409.122 103.100 423.804
202212 436.051 104.100 447.361
202303 557.580 104.400 570.398
202306 467.780 105.200 474.895
202309 491.038 106.200 493.812
202312 607.683 106.800 607.683

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.


Trinity Industrial  (TSE:6382) 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.


Trinity Industrial Cyclically Adjusted PS Ratio Related Terms

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


Trinity Industrial (TSE:6382) Business Description

Traded in Other Exchanges
N/A
Address
1-9 Kakimoto-cho, Toyota city, Aichi, Toyota, JPN, 471-0855
Trinity Industrial Corp is a Japan-based company mainly engaged in the manufacturing and sale of auto parts. It operates in two business divisions including Equipment division, and Auto parts division. The Equipment division manufactures and sells coating plants, coating machinery, industrial machinery, two-component coating equipment, automatic paint recoloring equipment and various coating equipment. The Automobile Component division provides interior and exterior products, including steering handles, door switch bases, and side mudguards.

Trinity Industrial (TSE:6382) Headlines

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