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Tenneco (Tenneco) Cyclically Adjusted PS Ratio : (As of May. 23, 2024)


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What is Tenneco Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tenneco Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tenneco'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.

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Tenneco Cyclically Adjusted PS Ratio Chart

Tenneco Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
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Tenneco Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Tenneco's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Tenneco'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.


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

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

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



Tenneco 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.

Tenneco's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Tenneco's adjusted Revenue per Share data for the three months ended in Sep. 2022 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=58.915/125.2265*125.2265
=58.915

Current CPI (Sep. 2022) = 125.2265.

Tenneco Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201212 28.958 96.871 37.434
201303 30.952 98.209 39.467
201306 33.488 98.518 42.567
201309 31.730 98.790 40.221
201312 32.957 98.326 41.974
201403 34.047 99.695 42.767
201406 36.343 100.560 45.258
201409 33.720 100.428 42.047
201412 31.579 99.070 39.917
201503 32.845 99.621 41.287
201506 34.711 100.684 43.172
201509 33.738 100.392 42.084
201512 34.575 99.792 43.387
201603 37.183 100.470 46.345
201606 38.582 101.688 47.513
201609 37.318 101.861 45.878
201612 39.321 101.863 48.340
201703 42.263 102.862 51.452
201706 43.304 103.349 52.471
201709 43.160 104.136 51.901
201712 46.335 104.011 55.786
201803 50.115 105.290 59.604
201806 49.082 106.317 57.812
201809 46.127 106.507 54.234
201812 52.915 105.998 62.514
201903 55.444 107.251 64.737
201906 55.659 108.070 64.495
201909 53.376 108.329 61.702
201912 51.209 108.420 59.147
202003 47.259 108.902 54.343
202006 32.415 108.767 37.320
202009 52.248 109.815 59.581
202012 57.029 109.897 64.984
202103 57.329 111.754 64.240
202106 55.687 114.631 60.834
202109 51.508 115.734 55.733
202112 52.267 117.630 55.643
202203 55.922 121.301 57.732
202206 55.801 125.017 55.895
202209 58.915 125.227 58.915

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.


Tenneco  (NYSE:TEN) 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.


Tenneco Cyclically Adjusted PS Ratio Related Terms

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


Tenneco (Tenneco) Business Description

Traded in Other Exchanges
N/A
Address
500 North Field Drive, Lake Forest, IL, USA, 60045
Tenneco's emissions-control products meet strict air-quality legislation, optimize engine performance, improve fuel economy, and acoustically tune engine sound to fit a vehicle's profile. Ride-control products enhance safety by enabling improved steering, braking, and acceleration as well as ride comfort. Champion, Fel-Pro, Moog, Monroe, and Walker are some of Tenneco's well-known aftermarket brands. In 2021, 40% of revenue came from North America, 36% from Europe, 18% from China, and 6% other regions.
Executives
Nathan P. Bowen officer: Executive Vice President* 7450 N. MCCORMICK BLVD, SKOKIE IL 60076
Jane L Warner director C;/O WESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
James S Metcalf director USG CORP, 125 S FRANKLIN STREET DEPT 188, CHICAGO IL 60606
Dennis J Letham director C/O TENNECO INC, 500 FIELD DRIVE, LAKE FOREST IL 60045
Michelle Kumbier director 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
John W. Wehrenberg officer: Executive Vice President* 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Sabatino Thomas J Jr officer: Executive Vice President* C/O JAN STERN REED BAXTER INTERNATIONAL, ONE BAXTER PARKWAY DF2 2W, DEERFIELD IL 60015
John S Stroup director 1 N. BRENTWOOD BLVD., SUITE 1500, ST. LOUIS MO 63105
Matti Masanovich officer: Executive Vice President* COLLINS & AIKMAN CORPORATION, 250 STEPHENSON HIGHWAY, TROY MI 48083
Scott Usitalo officer: Executive Vice President 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Thomas C Freyman director 500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Kevin Baird officer: Executive Vice President* 500 NORTH FIELD DRIVE, LAKE FOREST IL 60045
Aleksandra A Miziolek director C/O SOLID POWER, INC., 486 S PIERCE AVE., SUITE E, LOUISVILLE CO 80027
Roy V Armes director