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Dorman Products (Dorman Products) Cyclically Adjusted PS Ratio : 2.22 (As of May. 26, 2024)


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What is Dorman Products Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Dorman Products's current share price is $92.00. Dorman Products's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $41.48. Dorman Products's Cyclically Adjusted PS Ratio for today is 2.22.

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

DORM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.71   Med: 3.6   Max: 5.05
Current: 2.22

During the past years, Dorman Products's highest Cyclically Adjusted PS Ratio was 5.05. The lowest was 1.71. And the median was 3.60.

DORM's Cyclically Adjusted PS Ratio is ranked worse than
78.9% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 0.655 vs DORM: 2.22

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.

Dorman Products's adjusted revenue per share data for the three months ended in Mar. 2024 was $14.998. 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 $41.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dorman Products Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dorman Products'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.

Dorman Products Cyclically Adjusted PS Ratio Chart

Dorman Products 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 3.30 3.44 3.82 2.31 2.09

Dorman Products 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 2.36 2.08 1.94 2.09 2.32

Competitive Comparison of Dorman Products's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Dorman Products'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.


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

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

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



Dorman Products 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.

Dorman Products's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=92.00/41.48
=2.22

* 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.

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

For example, Dorman Products'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)
=14.998/131.7762*131.7762
=14.998

Current CPI (Mar. 2024) = 131.7762.

Dorman Products Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.379 100.560 7.049
201409 5.491 100.428 7.205
201412 4.881 99.070 6.492
201503 5.288 99.621 6.995
201506 5.580 100.684 7.303
201509 5.929 100.392 7.783
201512 5.800 99.792 7.659
201603 5.993 100.470 7.860
201606 6.052 101.688 7.843
201609 6.137 101.861 7.939
201612 6.638 101.863 8.587
201703 6.428 102.862 8.235
201706 6.699 103.349 8.542
201709 6.624 104.136 8.382
201712 6.777 104.011 8.586
201803 6.886 105.290 8.618
201806 7.167 106.317 8.883
201809 7.492 106.507 9.270
201812 7.883 105.998 9.800
201903 7.413 107.251 9.108
201906 7.779 108.070 9.485
201909 7.787 108.329 9.472
201912 7.363 108.420 8.949
202003 7.948 108.902 9.617
202006 7.211 108.767 8.736
202009 9.287 109.815 11.144
202012 9.323 109.897 11.179
202103 8.949 111.754 10.552
202106 9.680 114.631 11.128
202109 10.942 115.734 12.459
202112 12.550 117.630 14.059
202203 12.708 121.301 13.805
202206 13.237 125.017 13.953
202209 13.107 125.227 13.793
202212 15.919 125.222 16.752
202303 14.800 127.348 15.315
202306 15.243 128.729 15.604
202309 15.471 129.860 15.699
202312 15.686 129.419 15.972
202403 14.998 131.776 14.998

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.


Dorman Products  (NAS:DORM) 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.


Dorman Products Cyclically Adjusted PS Ratio Related Terms

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


Dorman Products (Dorman Products) Business Description

Traded in Other Exchanges
N/A
Address
3400 East Walnut Street, Colmar, PA, USA, 18915
Dorman Products Inc is a supplier of original equipment parts for automobiles. The company produces automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, and HD Solutions through aftermarket retailers, regional and local warehouse distributors, specialty markets, and salvage yards. It operates as a single reportable operating segment, namely, the sale of replacement and upgrades parts in the motor vehicle aftermarket industry, serving passenger cars, light-, medium-, and heavy-duty trucks as well as specialty vehicles. The company operates primarily in the United States.
Executives
G. Michael Stakias director C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lindsay Hunt officer: Pres and CEO, Specialty Vehicl 3400 EAST WALNUT STREET, COLMAR PA 18915
Brian Borradaile officer: SVP, Strategy & Corp Dev 3400 EAST WALNUT STREET, COLMAR PA 18915
Eric Luftig officer: Senior Vice President, Product 3400 EAST WALNUT STREET, COLMAR PA 18915
Jeffery Darby officer: SVP, Sales C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Steven L Berman director, 10 percent owner, officer: President, COO
James Darrell Thomas director 3700 JUNEAU AVENUE, MILWAUKEE WI 53208
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Donna M. Long officer: SVP, CIO 3400 EAST WALNUT STREET, COLMAR PA 18915
John Mcknight officer: SVP, Operations 3400 EAST WALNUT STREET, COLMAR PA 19103
Paul E Anderson officer: President, Heavy Duty 3400 EAST WALNUT STREET, COLMAR PA 18915
Scott Leff officer: SVP, CHRO 3400 EAST WALNUT STREET, COLMAR PA 18915
Michael Kealey officer: SVP, Product C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915
Lisa M Bachmann director 300 PHILLIPI ROAD, COLUMBUS OH 43228
Joseph P. Braun officer: SVP and General Counsel C/O DORMAN PRODUCTS, INC., 3400 EAST WALNUT STREET, COLMAR PA 18915