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ZAP (ZAAP) Cyclically Adjusted PS Ratio : (As of May. 25, 2024)


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What is ZAP Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ZAP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for ZAP'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.

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ZAP Cyclically Adjusted PS Ratio Chart

ZAP Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PS Ratio
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ZAP Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of ZAP's Cyclically Adjusted PS Ratio

For the Recreational Vehicles subindustry, ZAP'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.


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

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

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



ZAP 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.

ZAP's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, ZAP's adjusted Revenue per Share data for the three months ended in Dec. 2016 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=0.002/101.8627*101.8627
=0.002

Current CPI (Dec. 2016) = 101.8627.

ZAP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200703 0.027 86.640 0.032
200706 0.031 87.906 0.036
200709 0.043 87.964 0.050
200712 0.020 88.616 0.023
200803 0.018 90.090 0.020
200806 0.033 92.320 0.036
200809 0.052 92.307 0.057
200812 0.025 88.697 0.029
200903 0.016 89.744 0.018
200906 0.011 91.003 0.012
200909 0.013 91.120 0.015
200912 0.010 91.111 0.011
201003 0.008 91.821 0.009
201006 0.008 91.962 0.009
201009 0.009 92.162 0.010
201012 0.007 92.474 0.008
201103 0.056 94.283 0.061
201106 0.076 95.235 0.081
201109 0.064 95.727 0.068
201112 0.067 95.213 0.072
201203 0.041 96.783 0.043
201206 0.043 96.819 0.045
201209 0.035 97.633 0.037
201212 0.049 96.871 0.052
201303 0.047 98.209 0.049
201306 0.041 98.518 0.042
201309 0.033 98.790 0.034
201312 0.050 98.326 0.052
201403 0.023 99.695 0.024
201406 0.021 100.560 0.021
201409 0.013 100.428 0.013
201412 0.021 99.070 0.022
201503 0.018 99.621 0.018
201506 0.012 100.684 0.012
201509 0.014 100.392 0.014
201512 0.014 99.792 0.014
201603 0.006 100.470 0.006
201606 0.005 101.688 0.005
201609 0.006 101.861 0.006
201612 0.002 101.863 0.002

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.


ZAP  (GREY:ZAAP) 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.


ZAP Cyclically Adjusted PS Ratio Related Terms

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ZAP (ZAAP) Business Description

Traded in Other Exchanges
N/A
Address
2 West 3rd Street, Santa Rosa, CA, USA, 95401
ZAP Inc designs, develops, manufactures and sells fully electric and advanced technology vehicles. Business activity of the group is operated through Jonway Auto and ZAP (Consumer Product) segments. The Jonway Auto segment represents sales of the gas-fueled Jonway A380 three and five-door sports utility vehicles, EV minivan and EV SUVs and spare parts principally through distributors in China. The ZAP Consumer Product segment represents rechargeable portable energy products, Zapino scooter, and ZAPPY3 personal transporters. The firm derives most of the revenue from the Jonway Auto segment.

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