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Kia (XKRX:000270) Cyclically Adjusted PS Ratio : 0.68 (As of Apr. 28, 2024)


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What is Kia Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Kia's current share price is ₩118200.00. Kia's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₩174,834.00. Kia's Cyclically Adjusted PS Ratio for today is 0.68.

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

XKRX:000270' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 0.76
Current: 0.68

During the past years, Kia's highest Cyclically Adjusted PS Ratio was 0.76. The lowest was 0.19. And the median was 0.35.

XKRX:000270's Cyclically Adjusted PS Ratio is ranked better than
50.56% of 985 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs XKRX:000270: 0.68

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.

Kia's adjusted revenue per share data for the three months ended in Dec. 2023 was ₩61,519.710. 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 ₩174,834.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kia Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Kia'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.

Kia Cyclically Adjusted PS Ratio Chart

Kia 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 0.34 0.47 0.57 0.37 0.57

Kia 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 0.37 0.50 0.53 0.47 0.57

Competitive Comparison of Kia's Cyclically Adjusted PS Ratio

For the Auto Manufacturers subindustry, Kia'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.


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

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

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



Kia 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=118200.00/174834
=0.68

* 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.

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

For example, Kia'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)
=61519.71/118.8477*118.8477
=61,519.710

Current CPI (Dec. 2023) = 118.8477.

Kia Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 29,450.476 99.253 35,264.640
201406 29,766.522 99.353 35,607.205
201409 28,183.048 99.608 33,626.721
201412 28,910.205 99.098 34,671.854
201503 27,683.667 99.720 32,993.784
201506 31,031.323 100.050 36,861.583
201509 32,701.467 100.110 38,822.237
201512 31,892.277 100.220 37,820.034
201603 31,577.078 100.560 37,319.641
201606 36,033.697 100.790 42,489.553
201609 31,672.233 101.460 37,100.060
201612 32,232.124 101.560 37,718.726
201703 32,035.178 102.850 37,018.058
201706 33,876.576 102.610 39,237.434
201709 35,200.677 103.490 40,424.384
201712 32,416.306 102.990 37,407.548
201803 31,321.326 104.100 35,758.574
201806 35,076.482 104.130 40,034.180
201809 35,121.843 105.650 39,509.231
201812 33,591.327 104.350 38,258.284
201903 31,038.787 104.490 35,303.746
201906 36,195.330 104.880 41,015.749
201909 37,653.910 105.200 42,538.789
201912 40,173.747 105.120 45,420.067
202003 36,311.945 105.540 40,890.574
202006 28,352.568 104.870 32,131.568
202009 40,657.076 106.200 45,499.058
202012 42,148.824 105.765 47,362.283
202103 41,364.783 107.357 45,792.078
202106 45,735.532 107.579 50,526.432
202109 44,276.306 108.759 48,383.375
202112 42,881.965 109.676 46,467.817
202203 45,788.349 111.806 48,672.251
202206 54,565.823 114.083 56,844.875
202209 57,764.907 114.831 59,785.323
202212 57,819.337 115.200 59,650.029
202303 59,501.398 116.550 60,674.634
202306 66,430.285 117.140 67,398.782
202309 64,658.456 119.111 64,515.417
202312 61,519.710 118.848 61,519.710

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.


Kia  (XKRX:000270) 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.


Kia Cyclically Adjusted PS Ratio Related Terms

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


Kia (XKRX:000270) Business Description

Traded in Other Exchanges
N/A
Address
12 Heolleung-ro, Seocho-gu, Seoul, KOR, 06797
Kia Corp is a Korean motor-vehicle manufacturer. While the company has factories in several countries, the majority of vehicles are manufactured domestically. The company's consolidated revenue is principally derived from the manufacture of passenger vehicles, with another third from recreational vehicles, and a small footprint in commercial vehicles. The three largest individual countries together constitute more than half of total retail sales, with the United States contributing the largest portion, followed closely by China and then Korea.

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