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Aptiv (LTS:0YCP) Cyclically Adjusted PS Ratio : 1.37 (As of Jun. 04, 2024)


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What is Aptiv Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Aptiv's current share price is $84.75. Aptiv's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $61.64. Aptiv's Cyclically Adjusted PS Ratio for today is 1.37.

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

LTS:0YCP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.82   Max: 3.45
Current: 1.34

During the past years, Aptiv's highest Cyclically Adjusted PS Ratio was 3.45. The lowest was 0.89. And the median was 1.82.

LTS:0YCP's Cyclically Adjusted PS Ratio is ranked worse than
67.6% of 1003 companies
in the Vehicles & Parts industry
Industry Median: 0.68 vs LTS:0YCP: 1.34

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.

Aptiv's adjusted revenue per share data for the three months ended in Mar. 2024 was $17.802. 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 $61.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aptiv Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Aptiv'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.

Aptiv Cyclically Adjusted PS Ratio Chart

Aptiv 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 1.97 2.70 3.16 1.62 1.46

Aptiv 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 1.91 1.70 1.62 1.46 1.28

Competitive Comparison of Aptiv's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Aptiv'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.


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

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

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



Aptiv 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=84.75/61.64
=1.37

* 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.

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

For example, Aptiv'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)
=17.802/120.9901*120.9901
=17.802

Current CPI (Mar. 2024) = 120.9901.

Aptiv Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.373 100.773 16.056
201409 12.534 100.474 15.093
201412 12.726 99.576 15.463
201503 13.012 99.975 15.747
201506 13.356 100.573 16.067
201509 12.767 100.274 15.405
201512 -1.499 99.676 -1.820
201603 14.622 99.676 17.749
201606 15.386 101.072 18.418
201609 14.998 100.274 18.096
201612 -0.272 99.676 -0.330
201703 11.661 100.374 14.056
201706 11.764 100.673 14.138
201709 11.783 100.474 14.189
201712 12.863 100.075 15.551
201803 13.624 100.573 16.390
201806 13.877 101.072 16.612
201809 13.135 101.371 15.677
201812 13.790 100.773 16.557
201903 13.774 101.670 16.392
201906 14.099 102.168 16.696
201909 13.878 102.268 16.419
201912 14.028 102.068 16.629
202003 12.610 102.367 14.904
202006 7.591 101.769 9.025
202009 13.566 101.072 16.240
202012 14.969 101.072 17.919
202103 14.837 102.367 17.536
202106 14.045 103.364 16.440
202109 13.473 104.859 15.546
202112 15.229 106.653 17.276
202203 15.408 109.245 17.065
202206 14.974 112.779 16.064
202209 17.020 113.504 18.143
202212 17.095 115.436 17.918
202303 17.767 117.609 18.278
202306 19.064 119.662 19.276
202309 18.070 120.749 18.106
202312 17.493 120.749 17.528
202403 17.802 120.990 17.802

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.


Aptiv  (LTS:0YCP) 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.


Aptiv Cyclically Adjusted PS Ratio Related Terms

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


Aptiv (LTS:0YCP) Business Description

Traded in Other Exchanges
Address
5 Hanover Quay, Grand Canal Dock, Dublin, IRL, D02 VY79
Aptiv's signal and power solutions segment supplies components and systems that make up a vehicle's electrical system, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The advanced safety and user experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. Aptiv's largest customers are General Motors and Stellantis, both at roughly 9% of 2022 revenue, followed by Ford and Volkswagen, both at 8%. North America and Europe represented approximately 37% and 31% of total 2022 revenue, respectively.

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