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Tesla (UKEX:TSLA) Cyclically Adjusted PS Ratio : 14.26 (As of Apr. 30, 2024)


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What is Tesla Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Tesla's current share price is ₴8119.66667. Tesla's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was ₴569.52. Tesla's Cyclically Adjusted PS Ratio for today is 14.26.

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

UKEX:TSLA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.06   Med: 21.33   Max: 74.34
Current: 15.74

During the past years, Tesla's highest Cyclically Adjusted PS Ratio was 74.34. The lowest was 5.06. And the median was 21.33.

UKEX:TSLA's Cyclically Adjusted PS Ratio is ranked worse than
98.69% of 989 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs UKEX:TSLA: 15.74

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.

Tesla's adjusted revenue per share data for the three months ended in Mar. 2024 was ₴241.664. 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 ₴569.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tesla Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tesla'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.

Tesla Cyclically Adjusted PS Ratio Chart

Tesla 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 8.70 56.20 57.83 13.97 21.13

Tesla 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 21.61 25.19 22.50 21.13 14.26

Competitive Comparison of Tesla's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Tesla'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.


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

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

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



Tesla 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.

Tesla's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8119.66667/569.52
=14.26

* 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.

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

For example, Tesla'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)
=241.664/129.4194*129.4194
=241.664

Current CPI (Mar. 2024) = 129.4194.

Tesla Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 16.316 100.560 20.999
201409 17.970 100.428 23.158
201412 20.086 99.070 26.239
201503 19.665 99.621 25.547
201506 19.863 100.684 25.532
201509 19.135 100.392 24.668
201512 24.403 99.792 31.648
201603 22.782 100.470 29.346
201606 23.907 101.688 30.427
201609 38.593 101.861 49.034
201612 38.814 101.863 49.314
201703 43.823 102.862 55.137
201706 44.493 103.349 55.717
201709 47.013 104.136 58.428
201712 51.182 104.011 63.685
201803 53.105 105.290 65.275
201806 62.038 106.317 75.519
201809 101.022 106.507 122.755
201812 110.448 105.998 134.853
201903 69.168 107.251 83.465
201906 94.536 108.070 113.212
201909 90.071 108.329 107.606
201912 107.858 108.420 128.748
202003 79.332 108.902 94.279
202006 76.764 108.767 91.340
202009 104.582 109.815 123.252
202012 122.561 109.897 144.333
202103 120.813 111.754 139.910
202106 140.798 114.631 158.962
202109 161.403 115.734 180.488
202112 207.764 117.630 228.588
202203 213.526 121.301 227.817
202206 193.229 125.017 200.034
202209 244.523 125.227 252.710
202212 276.368 125.222 285.632
202303 265.893 127.348 270.218
202306 283.290 128.729 284.810
202309 264.228 129.860 263.333
202312 284.463 129.419 284.463
202403 241.664 129.419 241.664

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.


Tesla  (UKEX:TSLA) 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.


Tesla Cyclically Adjusted PS Ratio Related Terms

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


Tesla (UKEX:TSLA) Business Description

Address
1 Tesla Road, Austin, TX, USA, 78725
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.

Tesla (UKEX:TSLA) Headlines

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