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BorgWarner (BorgWarner) Cyclically Adjusted PS Ratio : 0.59 (As of Apr. 28, 2024)


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What is BorgWarner Cyclically Adjusted PS Ratio?

As of today (2024-04-28), BorgWarner's current share price is $33.19. BorgWarner's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $56.65. BorgWarner's Cyclically Adjusted PS Ratio for today is 0.59.

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

BWA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.01   Max: 2.3
Current: 0.59

During the past years, BorgWarner's highest Cyclically Adjusted PS Ratio was 2.30. The lowest was 0.45. And the median was 1.01.

BWA's Cyclically Adjusted PS Ratio is ranked better than
51.47% of 985 companies
in the Vehicles & Parts industry
Industry Median: 0.64 vs BWA: 0.59

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.

BorgWarner's adjusted revenue per share data for the three months ended in Dec. 2023 was $15.064. 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 $56.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BorgWarner Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BorgWarner'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.

BorgWarner Cyclically Adjusted PS Ratio Chart

BorgWarner 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 0.96 0.80 0.84 0.68 0.63

BorgWarner 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 0.68 0.80 0.78 0.72 0.63

Competitive Comparison of BorgWarner's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, BorgWarner'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.


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

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

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



BorgWarner 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.19/56.65
=0.59

* 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.

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

For example, BorgWarner'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)
=15.064/129.4194*129.4194
=15.064

Current CPI (Dec. 2023) = 129.4194.

BorgWarner Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 9.088 99.695 11.798
201406 9.566 100.560 12.311
201409 8.887 100.428 11.453
201412 8.735 99.070 11.411
201503 8.738 99.621 11.352
201506 8.966 100.684 11.525
201509 8.337 100.392 10.748
201512 9.525 99.792 12.353
201603 10.400 100.470 13.397
201606 10.750 101.688 13.682
201609 10.358 101.861 13.160
201612 10.618 101.863 13.490
201703 11.341 102.862 14.269
201706 11.300 103.349 14.150
201709 11.450 104.136 14.230
201712 12.240 104.011 15.230
201803 13.207 105.290 16.234
201806 12.835 106.317 15.624
201809 11.874 106.507 14.428
201812 12.339 105.998 15.065
201903 12.390 107.251 14.951
201906 12.336 108.070 14.773
201909 12.079 108.329 14.431
201912 12.374 108.420 14.771
202003 11.052 108.902 13.134
202006 6.922 108.767 8.236
202009 12.224 109.815 14.406
202012 16.643 109.897 19.600
202103 16.816 111.754 19.474
202106 15.684 114.631 17.707
202109 14.245 115.734 15.929
202112 2.582 117.630 2.841
202203 16.209 121.301 17.294
202206 15.794 125.017 16.350
202209 13.693 125.227 14.151
202212 14.133 125.222 14.607
202303 17.833 127.348 18.123
202306 19.283 128.729 19.386
202309 15.393 129.860 15.341
202312 15.064 129.419 15.064

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.


BorgWarner  (NYSE:BWA) 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.


BorgWarner Cyclically Adjusted PS Ratio Related Terms

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


BorgWarner (BorgWarner) Business Description

Traded in Other Exchanges
Address
3850 Hamlin Road, Auburn Hills, MI, USA, 48326
BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 13% and 8% of 2022 revenue, respectively. Geographically, Europe accounted for 34% of 2022 revenue, while Asia and North America were 32% each.
Executives
Stefan Demmerle officer: Vice President BORGWARNER INC., 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Joseph F. Fadool officer: Vice President BORGWARNER INC., 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Alexis P Michas director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Tonit M Calaway officer: EVP and Chief HR Officer HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
Isabelle Mckenzie officer: Vice President 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Tania Wingfield officer: EVP & CHRO 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Daniel Etue officer: VP & Controller 3850 W. HAMLIN RD, AUBURN HILLS MI 48326
Frederic Lissalde officer: Vice President BORGWARNER INC., 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Hau N Thai-tang director ONE AMERICAN ROAD, DEARBORN MI 48126
Sailaja Shankar director 3850 HAMLIN ROAD, AUBURN HILLS MI 48326
Felecia J. Pryor officer: EVP & CHRO 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
Sara A. Greenstein director 600 GRANT STREET, PITTSBURGH PA 15219
Paul Arthur Farrell officer: VP & Chief Strategy Officer 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
Volker Weng officer: Vice President 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326
Davide Girelli officer: Vice President 3850 W. HAMLIN ROAD, AUBURN HILLS MI 48326

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