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Tesla (WAR:TSLA) Cyclically Adjusted PS Ratio : 14.23 (As of Jun. 15, 2024)


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What is Tesla Cyclically Adjusted PS Ratio?

As of today (2024-06-15), Tesla's current share price is zł733.10. Tesla's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was zł51.53. Tesla's Cyclically Adjusted PS Ratio for today is 14.23.

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

WAR:TSLA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.06   Med: 20.58   Max: 74.34
Current: 14.56

During the past years, Tesla's highest Cyclically Adjusted PS Ratio was 74.34. The lowest was 5.06. And the median was 20.58.

WAR:TSLA's Cyclically Adjusted PS Ratio is ranked worse than
98.91% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs WAR:TSLA: 14.56

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 zł25.026. 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 zł51.53 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 14.02

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
=733.10/51.53
=14.23

* 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)
=25.026/131.7762*131.7762
=25.026

Current CPI (Mar. 2024) = 131.7762.

Tesla Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.690 100.560 2.215
201409 1.861 100.428 2.442
201412 2.080 99.070 2.767
201503 2.036 99.621 2.693
201506 2.057 100.684 2.692
201509 1.982 100.392 2.602
201512 2.527 99.792 3.337
201603 2.359 100.470 3.094
201606 2.476 101.688 3.209
201609 3.997 101.861 5.171
201612 4.019 101.863 5.199
201703 4.538 102.862 5.814
201706 4.607 103.349 5.874
201709 4.868 104.136 6.160
201712 5.300 104.011 6.715
201803 5.499 105.290 6.882
201806 6.424 106.317 7.962
201809 10.461 106.507 12.943
201812 11.437 105.998 14.218
201903 7.163 107.251 8.801
201906 9.790 108.070 11.938
201909 9.327 108.329 11.346
201912 11.169 108.420 13.575
202003 8.215 108.902 9.941
202006 7.949 108.767 9.631
202009 10.830 109.815 12.996
202012 12.692 109.897 15.219
202103 12.511 111.754 14.752
202106 14.580 114.631 16.761
202109 16.714 115.734 19.031
202112 21.515 117.630 24.102
202203 22.112 121.301 24.022
202206 20.010 125.017 21.092
202209 25.322 125.227 26.646
202212 28.619 125.222 30.117
202303 27.535 127.348 28.493
202306 29.336 128.729 30.030
202309 27.362 129.860 27.766
202312 29.458 129.419 29.994
202403 25.026 131.776 25.026

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  (WAR: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 (WAR:TSLA) Business Description

Comparable Companies
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 (WAR:TSLA) Headlines

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