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BYD Co (BYD Co) Cyclically Adjusted PS Ratio : 3.02 (As of May. 16, 2024)


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What is BYD Co Cyclically Adjusted PS Ratio?

As of today (2024-05-16), BYD Co's current share price is $56.47. BYD Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $18.72. BYD Co's Cyclically Adjusted PS Ratio for today is 3.02.

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

BYDDY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.03   Med: 3.6   Max: 8.25
Current: 2.94

During the past years, BYD Co's highest Cyclically Adjusted PS Ratio was 8.25. The lowest was 1.03. And the median was 3.60.

BYDDY's Cyclically Adjusted PS Ratio is ranked worse than
85.47% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs BYDDY: 2.94

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.

BYD Co's adjusted revenue per share data for the three months ended in Mar. 2024 was $11.924. 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 $18.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BYD Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BYD Co'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.

BYD Co Cyclically Adjusted PS Ratio Chart

BYD Co 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 1.19 5.58 6.65 4.82 2.78

BYD Co 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 4.51 4.26 3.58 2.78 2.71

Competitive Comparison of BYD Co's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, BYD Co'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.


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

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

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



BYD Co 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.

BYD Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=56.47/18.72
=3.02

* 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.

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

For example, BYD Co'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)
=11.924/114.6694*114.6694
=11.924

Current CPI (Mar. 2024) = 114.6694.

BYD Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.001 98.200 2.337
201409 1.866 98.900 2.164
201412 2.387 99.000 2.765
201503 2.025 99.900 2.324
201506 2.139 99.500 2.465
201509 2.128 100.500 2.428
201512 3.877 100.600 4.419
201603 2.347 102.200 2.633
201606 2.952 101.400 3.338
201609 3.151 102.400 3.529
201612 3.185 102.600 3.560
201703 2.016 103.200 2.240
201706 2.507 103.100 2.788
201709 3.046 104.100 3.355
201712 3.351 104.500 3.677
201803 1.529 105.300 1.665
201806 2.469 104.900 2.699
201809 3.491 106.600 3.755
201812 4.575 106.500 4.926
201903 3.011 107.700 3.206
201906 3.146 107.700 3.350
201909 1.486 109.800 1.552
201912 2.646 111.200 2.729
202003 0.995 112.300 1.016
202006 3.884 110.400 4.034
202009 4.629 111.700 4.752
202012 5.548 111.500 5.706
202103 4.244 112.662 4.320
202106 5.632 111.769 5.778
202109 5.805 112.215 5.932
202112 7.767 113.108 7.874
202203 7.296 114.335 7.317
202206 8.596 114.558 8.604
202209 11.383 115.339 11.317
202212 15.389 115.116 15.329
202303 11.992 115.116 11.946
202306 13.465 114.558 13.478
202309 15.271 115.339 15.182
202312 17.256 114.669 17.256
202403 11.924 114.669 11.924

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.


BYD Co  (OTCPK:BYDDY) 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.


BYD Co Cyclically Adjusted PS Ratio Related Terms

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


BYD Co (BYD Co) Business Description

Address
No. 3009, BYD Road, Pingshan, Guangdong Province, Shenzhen, CHN, 518118
Founded in 1995, BYD is a leading Chinese manufacturer in the design, development, and production of new energy vehicles, or NEVs. In March 2022, the firm discontinued production of internal combustion engine, or ICE, vehicles. Its products primarily target the growing midpriced mass-market segment in China's passenger vehicle market. The company sold more than 1.8 million passenger NEVs in 2022, accounting for about 28% of the Chinese passenger NEV market. Besides automobile production, the company is also engaged in handset components and assembly services, as well as the rechargeable battery and photovoltaics business. After more than 25 years of development, the company has established over 30 industrial parks worldwide.

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