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PACCAR (PACCAR) Cyclically Adjusted PS Ratio : 2.07 (As of May. 24, 2024)


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What is PACCAR Cyclically Adjusted PS Ratio?

As of today (2024-05-24), PACCAR's current share price is $108.87. PACCAR's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $52.55. PACCAR's Cyclically Adjusted PS Ratio for today is 2.07.

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

PCAR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.42   Max: 2.43
Current: 2.07

During the past years, PACCAR's highest Cyclically Adjusted PS Ratio was 2.43. The lowest was 0.94. And the median was 1.42.

PCAR's Cyclically Adjusted PS Ratio is ranked worse than
77.19% of 171 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.06 vs PCAR: 2.07

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.

PACCAR's adjusted revenue per share data for the three months ended in Mar. 2024 was $16.615. 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 $52.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PACCAR Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PACCAR'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.

PACCAR Cyclically Adjusted PS Ratio Chart

PACCAR 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 1.42 1.47 1.38 1.40 1.91

PACCAR 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 1.51 1.69 1.68 1.91 2.36

Competitive Comparison of PACCAR's Cyclically Adjusted PS Ratio

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Cyclically Adjusted PS Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PACCAR 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=108.87/52.55
=2.07

* 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.

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

For example, PACCAR'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)
=16.615/131.7762*131.7762
=16.615

Current CPI (Mar. 2024) = 131.7762.

PACCAR Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 8.550 100.560 11.204
201409 9.221 100.428 12.099
201412 9.592 99.070 12.759
201503 9.047 99.621 11.967
201506 9.505 100.684 12.440
201509 9.080 100.392 11.919
201512 8.200 99.792 10.828
201603 8.160 100.470 10.703
201606 8.368 101.688 10.844
201609 8.053 101.861 10.418
201612 7.714 101.863 9.979
201703 8.010 102.862 10.262
201706 8.892 103.349 11.338
201709 9.558 104.136 12.095
201712 10.296 104.011 13.044
201803 10.663 105.290 13.345
201806 10.979 106.317 13.608
201809 10.919 106.507 13.510
201812 11.972 105.998 14.884
201903 12.435 107.251 15.279
201906 12.708 108.070 15.496
201909 12.225 108.329 14.871
201912 11.746 108.420 14.276
202003 9.908 108.902 11.989
202006 5.887 108.767 7.132
202009 9.467 109.815 11.360
202012 10.669 109.897 12.793
202103 11.185 111.754 13.189
202106 11.179 114.631 12.851
202109 9.851 115.734 11.216
202112 12.784 117.630 14.321
202203 12.369 121.301 13.437
202206 13.683 125.017 14.423
202209 13.489 125.227 14.195
202212 15.523 125.222 16.336
202303 16.158 127.348 16.720
202306 16.923 128.729 17.324
202309 16.555 129.860 16.799
202312 17.269 129.419 17.583
202403 16.615 131.776 16.615

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.


PACCAR  (NAS:PCAR) 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.


PACCAR Cyclically Adjusted PS Ratio Related Terms

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


PACCAR (PACCAR) Business Description

Address
777-106th Avenue N.E., Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
Executives
Todd R Hubbard officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Harrie Schippers officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Brice J Poplawski officer: Vice President & Controller 777 106TH AVE. NE, BELLEVUE WA 98004
R Preston Feight officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Michael T Barkley officer: VICE PRESIDENT/CONTROLLER 777 106TH AVENUE NE, BELLEVUE WA 98004
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Barbara B. Hulit director C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Mark C Pigott director, officer: CHAIRMAN & CEO
C Michael Dozier officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Paulo Henrique Bolgar officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Jack K. Levier officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Alison J Carnwath director 777 106TH AVENUE NE, BELLEVUE WA 98004
Sreeganesh Ramaswamy director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John N Rich officer: V.P. & CHIEF TECH. OFFICER 777 106TH AVENUE NE, BELLEVUE WA 98004
Michael K Walton officer: VICE PRESIDENT/GENERAL COUNSEL 777 106TH AVENUE NE, BELLEVUE WA 98004

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