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Penske Automotive Group (Penske Automotive Group) Cyclically Adjusted PS Ratio : 0.48 (As of May. 16, 2024)


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What is Penske Automotive Group Cyclically Adjusted PS Ratio?

As of today (2024-05-16), Penske Automotive Group's current share price is $159.91. Penske Automotive Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $333.65. Penske Automotive Group's Cyclically Adjusted PS Ratio for today is 0.48.

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

PAG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.32   Max: 0.55
Current: 0.48

During the past years, Penske Automotive Group's highest Cyclically Adjusted PS Ratio was 0.55. The lowest was 0.10. And the median was 0.32.

PAG's Cyclically Adjusted PS Ratio is ranked better than
59.42% of 998 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs PAG: 0.48

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.

Penske Automotive Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $111.034. 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 $333.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Penske Automotive Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Penske Automotive 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.

Penske Automotive Group Cyclically Adjusted PS Ratio Chart

Penske Automotive 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 0.24 0.26 0.41 0.39 0.49

Penske Automotive Group 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 0.46 0.53 0.52 0.49 0.49

Competitive Comparison of Penske Automotive Group's Cyclically Adjusted PS Ratio

For the Auto & Truck Dealerships subindustry, Penske Automotive 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.


Penske Automotive Group's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

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

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



Penske Automotive 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.

Penske Automotive Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=159.91/333.65
=0.48

* 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.

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

For example, Penske Automotive Group'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)
=111.034/131.7762*131.7762
=111.034

Current CPI (Mar. 2024) = 131.7762.

Penske Automotive Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 48.346 100.560 63.354
201409 48.690 100.428 63.889
201412 49.054 99.070 65.249
201503 49.645 99.621 65.669
201506 54.552 100.684 71.398
201509 55.051 100.392 72.261
201512 55.646 99.792 73.481
201603 54.639 100.470 71.664
201606 61.596 101.688 79.821
201609 60.469 101.861 78.228
201612 57.232 101.863 74.039
201703 59.359 102.862 76.044
201706 62.525 103.349 79.723
201709 64.237 104.136 81.287
201712 62.907 104.011 79.700
201803 66.824 105.290 83.634
201806 69.886 106.317 86.621
201809 66.650 106.507 82.463
201812 63.946 105.998 79.497
201903 65.914 107.251 80.987
201906 69.431 108.070 84.662
201909 73.043 108.329 88.852
201912 72.754 108.420 88.427
202003 61.770 108.902 74.745
202006 45.355 108.767 54.950
202009 74.274 109.815 89.128
202012 71.596 109.897 85.850
202103 71.635 111.754 84.469
202106 86.586 114.631 99.536
202109 81.703 115.734 93.028
202112 80.547 117.630 90.234
202203 90.298 121.301 98.096
202206 91.100 125.017 96.026
202209 93.821 125.227 98.728
202212 98.961 125.222 104.141
202303 106.026 127.348 109.713
202306 109.523 128.729 112.116
202309 110.720 129.860 112.354
202312 108.153 129.419 110.123
202403 111.034 131.776 111.034

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.


Penske Automotive Group  (NYSE:PAG) 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.


Penske Automotive Group Cyclically Adjusted PS Ratio Related Terms

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


Penske Automotive Group (Penske Automotive Group) Business Description

Traded in Other Exchanges
Address
2555 Telegraph Road, Bloomfield Hills, MI, USA, 48302-0954
Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.
Executives
Sandra E. Pierce director 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Kurnick Robert H Jr director, officer: President 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
John Barr director 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
Michelle Hulgrave officer: EVP & CFO 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Shane M. Spradlin officer: EVP, Gen. Counsel & Sec. 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Kimberly J Mcwaters director 20410 NORTH 19TH AVENUE, PHOENIX AZ 85027
Lisa Ann Davis director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Greg C Smith director FORD MOTOR COMPANY, 21175 OAKWOOD BLVD, DEARBORN MI 48124
Denker Claude H Iii officer: EVP - Human Resources 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302
Roger S Penske director, 10 percent owner, officer: Chair & CEO 2555 TELEGRAPH ROAD, BLOOMFIELD HILLS MI 48302-0954
H Brian Thompson director 1950 OLD GALLOWS ROAD SUITE 201, VIENNA VA 22182
Ronald G Steinhart director 3890 WEST NORTHWEST HIGHWAY SUITE 400, DALLAS TX 75220
Michael R Eisenson director C/O CHARLESBANK CAPITAL PARTNERS, 600 ATLANTIC AV 28TH FL, BOSTON MA 02210
Gregory W Penske director 3534 NORTH PECK ROAD, EL MONTE CA 91731
Wolfgang Duerheimer director 2555 TELEGRAPH RD, BLOOMFIELD HILLS MI 48302