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National Tyre Services (XZIM:NTS.ZW) Cyclically Adjusted PS Ratio : 0.36 (As of Jun. 01, 2025)


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What is National Tyre Services Cyclically Adjusted PS Ratio?

As of today (2025-06-01), National Tyre Services's current share price is ZWL66.55. National Tyre Services's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ZWL182.53. National Tyre Services's Cyclically Adjusted PS Ratio for today is 0.36.

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

XZIM:NTS.ZW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.36   Max: 1.75
Current: 0.36

During the past 10 years, National Tyre Services's highest Cyclically Adjusted PS Ratio was 1.75. The lowest was 0.14. And the median was 0.36.

XZIM:NTS.ZW's Cyclically Adjusted PS Ratio is ranked better than
69.18% of 954 companies
in the Vehicles & Parts industry
Industry Median: 0.73 vs XZIM:NTS.ZW: 0.36

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.

National Tyre Services's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ZWL1,022.836. 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 ZWL182.53 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Tyre Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for National Tyre Services'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.

National Tyre Services Cyclically Adjusted PS Ratio Chart

National Tyre Services Annual Data
Trend Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.88

National Tyre Services Semi-Annual Data
Mar09 Mar11 Mar12 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.88

Competitive Comparison of National Tyre Services's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, National Tyre Services'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.


National Tyre Services's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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


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National Tyre Services 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.

National Tyre Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=66.55/182.53
=0.36

* 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.

National Tyre Services's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, National Tyre Services's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1022.836/131.7762*131.7762
=1,022.836

Current CPI (Mar24) = 131.7762.

National Tyre Services Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200903 0.000 89.744 0.000
201103 16.208 94.283 22.653
201203 22.750 96.783 30.976
201803 0.054 105.290 0.068
201903 0.605 107.251 0.743
202003 2.017 108.902 2.441
202103 3.767 111.754 4.442
202203 14.100 121.301 15.318
202303 525.036 127.348 543.294
202403 1,022.836 131.776 1,022.836

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.


National Tyre Services  (XZIM:NTS.ZW) 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.


National Tyre Services Cyclically Adjusted PS Ratio Related Terms

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


National Tyre Services Business Description

Traded in Other Exchanges
N/A
Address
Corner Cripps and Seke Roads, P.O. Box 3018, Stand No. 4608, Graniteside, Harare, ZWE
National Tyre Services Ltd is engaged in reprocessing and the retailing of tyres. The company is a retailer of new tyres and tubes. In addition, its other activities include relugging of agriculture and earth moving tyres and the procurement of truck tyres for the Zimbabwe transport industry. The company's product consists of Dunlop, Bridgestone, Firestone, Yokohama, Pirelli, Bandag, Regal, and Comforser which offers passenger, sports utility vehicle, light truck, trucks, and bus, off-the-road, agriculture, application-specific and light truck tyres. The company has over 10 retail outlets situated throughout the country with over three being located in Harare.

National Tyre Services Headlines

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