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BorgWarner (BSP:B1WA34) Cyclically Adjusted PS Ratio : 0.65 (As of May. 14, 2024)


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What is BorgWarner Cyclically Adjusted PS Ratio?

As of today (2024-05-14), BorgWarner's current share price is R$176.76. BorgWarner's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$269.87. BorgWarner's Cyclically Adjusted PS Ratio for today is 0.65.

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

BSP:B1WA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1   Max: 2.3
Current: 0.66

During the past years, BorgWarner's highest Cyclically Adjusted PS Ratio was 2.30. The lowest was 0.45. And the median was 1.00.

BSP:B1WA34's Cyclically Adjusted PS Ratio is ranked better than
50.3% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BSP:B1WA34: 0.66

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.

BorgWarner's adjusted revenue per share data for the three months ended in Mar. 2024 was R$78.416. 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 R$269.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BorgWarner Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BorgWarner'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.

BorgWarner Cyclically Adjusted PS Ratio Chart

BorgWarner 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 0.96 0.80 0.84 0.68 0.64

BorgWarner 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 0.81 0.78 0.72 0.64 0.61

Competitive Comparison of BorgWarner's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, BorgWarner'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.


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

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

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



BorgWarner 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=176.76/269.87
=0.65

* 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.

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

For example, BorgWarner'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)
=78.416/129.4194*129.4194
=78.416

Current CPI (Mar. 2024) = 129.4194.

BorgWarner Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 21.389 100.560 27.527
201409 20.776 100.428 26.774
201412 23.078 99.070 30.148
201503 27.448 99.621 35.658
201506 27.900 100.684 35.863
201509 32.539 100.392 41.948
201512 36.965 99.792 47.939
201603 38.459 100.470 49.540
201606 36.803 101.688 46.840
201609 33.697 101.861 42.814
201612 35.614 101.863 45.249
201703 35.469 102.862 44.626
201706 37.238 103.349 46.631
201709 35.869 104.136 44.578
201712 40.332 104.011 50.184
201803 43.305 105.290 53.229
201806 48.400 106.317 58.917
201809 48.785 106.507 59.280
201812 47.919 105.998 58.507
201903 47.587 107.251 57.423
201906 47.562 108.070 56.958
201909 49.761 108.329 59.449
201912 50.790 108.420 60.627
202003 54.004 108.902 64.179
202006 35.916 108.767 42.736
202009 66.009 109.815 77.793
202012 85.621 109.897 100.831
202103 94.761 111.754 109.740
202106 78.869 114.631 89.043
202109 75.200 115.734 84.092
202112 14.602 117.630 16.066
202203 80.663 121.301 86.062
202206 79.724 125.017 82.532
202209 71.799 125.227 74.203
202212 74.133 125.222 76.618
202303 75.174 127.348 76.397
202306 93.595 128.729 94.097
202309 76.022 129.860 75.764
202312 73.811 129.419 73.811
202403 78.416 129.419 78.416

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.


BorgWarner  (BSP:B1WA34) 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.


BorgWarner Cyclically Adjusted PS Ratio Related Terms

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


BorgWarner (BSP:B1WA34) Business Description

Traded in Other Exchanges
Address
3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 13% and 8% of 2022 revenue, respectively. Geographically, Europe accounted for 34% of 2022 revenue, while Asia and North America were 32% each.

BorgWarner (BSP:B1WA34) Headlines

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