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Commercial Vehicle Group (Commercial Vehicle Group) Cyclically Adjusted PS Ratio : 0.19 (As of Apr. 28, 2024)


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What is Commercial Vehicle Group Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Commercial Vehicle Group's current share price is $6.18. Commercial Vehicle Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $32.63. Commercial Vehicle Group's Cyclically Adjusted PS Ratio for today is 0.19.

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

CVGI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.23   Max: 0.45
Current: 0.19

During the past years, Commercial Vehicle Group's highest Cyclically Adjusted PS Ratio was 0.45. The lowest was 0.04. And the median was 0.23.

CVGI's Cyclically Adjusted PS Ratio is ranked better than
84.57% of 985 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs CVGI: 0.19

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.

Commercial Vehicle Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.542. 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 $32.63 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commercial Vehicle Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Commercial Vehicle Group'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.

Commercial Vehicle Group Cyclically Adjusted PS Ratio Chart

Commercial Vehicle Group 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 0.22 0.29 0.26 0.21 0.21

Commercial Vehicle Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.22 0.34 0.24 0.21

Competitive Comparison of Commercial Vehicle Group's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Commercial Vehicle Group'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.


Commercial Vehicle Group's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Commercial Vehicle Group 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.

Commercial Vehicle Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.18/32.63
=0.19

* 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.

Commercial Vehicle Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Commercial Vehicle Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.542/129.4194*129.4194
=6.542

Current CPI (Dec. 2023) = 129.4194.

Commercial Vehicle Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.863 99.695 8.909
201406 7.396 100.560 9.519
201409 7.307 100.428 9.416
201412 7.270 99.070 9.497
201503 7.543 99.621 9.799
201506 7.418 100.684 9.535
201509 6.899 100.392 8.894
201512 6.225 99.792 8.073
201603 6.110 100.470 7.871
201606 5.990 101.688 7.624
201609 5.103 101.861 6.484
201612 4.972 101.863 6.317
201703 5.743 102.862 7.226
201706 6.407 103.349 8.023
201709 6.506 104.136 8.086
201712 6.248 104.011 7.774
201803 7.056 105.290 8.673
201806 7.649 106.317 9.311
201809 7.344 106.507 8.924
201812 7.302 105.998 8.915
201903 7.922 107.251 9.559
201906 7.890 108.070 9.449
201909 7.306 108.329 8.728
201912 6.151 108.420 7.342
202003 6.074 108.902 7.218
202006 4.108 108.767 4.888
202009 5.937 109.815 6.997
202012 6.948 109.897 8.182
202103 7.587 111.754 8.786
202106 7.894 114.631 8.912
202109 7.326 115.734 8.192
202112 6.948 117.630 7.644
202203 7.477 121.301 7.977
202206 7.593 125.017 7.860
202209 7.637 125.227 7.893
202212 7.706 125.222 7.964
202303 7.917 127.348 8.046
202306 7.843 128.729 7.885
202309 7.397 129.860 7.372
202312 6.542 129.419 6.542

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.


Commercial Vehicle Group  (NAS:CVGI) 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.


Commercial Vehicle Group Cyclically Adjusted PS Ratio Related Terms

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


Commercial Vehicle Group (Commercial Vehicle Group) Business Description

Traded in Other Exchanges
Address
7800 Walton Parkway, New Albany, OH, USA, 43054
Commercial Vehicle Group Inc is a supplier of cab-related products and systems. Its operating segments are Vehicle Solutions, Industrial Automation, Electrical Systems, and Aftermarket and Accessories. Vehicle Solutions segment designs manufacture and sell Commercial vehicle seats and Plastic components. Warehouse Automation segment designs, manufactures, and sells Warehouse automation subsystems including control panels, electro-mechanical assemblies, cable assemblies, and power and communication solutions. Electrical Systems segment designs, manufactures and sells cable and harness assemblies for both high and low voltage applications, control boxes, dashboard assemblies, and design and engineering for these applications.
Executives
Melanie K. Cook director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Roger L Fix director
Chung Kin Cheung officer: EVP & CFO COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Aneezal H Mohamed officer: General Counsel, Cmp Ofc & Sec COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Richard Iii Tajer officer: SVP & Chief Commercial Officer COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Kristin S Mathers officer: Chief HR Officer COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Christopher H Bohnert officer: CFO & Chief Accounting Officer 2780 WATERFRONT PARKWAY EAST DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Harold C Bevis director 8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615
J Michael Nauman director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Ruth Gratzke director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Angela M O'leary other: VP, Controller & Ch Acct Offcr COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Edmund S Carney officer: Interim CFO COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Ray James R Jr director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Bowen Douglas F Jr. officer: SVP & Managing Director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Janice E Stipp director 1281 COVINGTON ROAD, BLOOMFIELD HILLS MI 48301

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