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Trinity Industries (Trinity Industries) Cyclically Adjusted PS Ratio : 1.03 (As of May. 28, 2024)


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What is Trinity Industries Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Trinity Industries's current share price is $30.42. Trinity Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $29.60. Trinity Industries's Cyclically Adjusted PS Ratio for today is 1.03.

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

TRN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.85   Max: 1.52
Current: 1.03

During the past years, Trinity Industries's highest Cyclically Adjusted PS Ratio was 1.52. The lowest was 0.43. And the median was 0.85.

TRN's Cyclically Adjusted PS Ratio is ranked worse than
55.07% of 739 companies
in the Transportation industry
Industry Median: 0.86 vs TRN: 1.03

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.

Trinity Industries's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.696. 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 $29.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Trinity Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Trinity Industries'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.

Trinity Industries Cyclically Adjusted PS Ratio Chart

Trinity Industries 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 0.85 0.99 1.10 1.04 0.91

Trinity Industries 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 0.84 0.88 0.82 0.91 0.94

Competitive Comparison of Trinity Industries's Cyclically Adjusted PS Ratio

For the Railroads subindustry, Trinity Industries'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.


Trinity Industries's Cyclically Adjusted PS Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Trinity Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Trinity Industries 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.

Trinity Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.42/29.6
=1.03

* 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.

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

For example, Trinity Industries'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)
=9.696/131.7762*131.7762
=9.696

Current CPI (Mar. 2024) = 131.7762.

Trinity Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.436 100.560 12.365
201409 9.792 100.428 12.849
201412 10.664 99.070 14.185
201503 10.542 99.621 13.945
201506 10.874 100.684 14.232
201509 10.220 100.392 13.415
201512 10.348 99.792 13.665
201603 8.010 100.470 10.506
201606 8.017 101.688 10.389
201609 7.476 101.861 9.672
201612 -2.640 101.863 -3.415
201703 5.825 102.862 7.462
201706 5.997 103.349 7.647
201709 6.435 104.136 8.143
201712 -2.321 104.011 -2.941
201803 3.469 105.290 4.342
201806 4.313 106.317 5.346
201809 4.163 106.507 5.151
201812 5.280 105.998 6.564
201903 4.575 107.251 5.621
201906 5.697 108.070 6.947
201909 6.457 108.329 7.855
201912 4.918 108.420 5.977
202003 5.131 108.902 6.209
202006 4.341 108.767 5.259
202009 3.926 109.815 4.711
202012 1.481 109.897 1.776
202103 3.001 111.754 3.539
202106 2.791 114.631 3.208
202109 4.219 115.734 4.804
202112 4.813 117.630 5.392
202203 5.529 121.301 6.006
202206 4.938 125.017 5.205
202209 5.962 125.227 6.274
202212 7.072 125.222 7.442
202303 7.713 127.348 7.981
202306 8.662 128.729 8.867
202309 9.836 129.860 9.981
202312 9.602 129.419 9.777
202403 9.696 131.776 9.696

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.


Trinity Industries  (NYSE:TRN) 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.


Trinity Industries Cyclically Adjusted PS Ratio Related Terms

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


Trinity Industries (Trinity Industries) Business Description

Traded in Other Exchanges
Address
14221 N. Dallas Parkway, Suite 1100, Dallas, TX, USA, 75254-2957
Trinity Industries Inc. sells and leases railroad products and railcar maintenance services in North America. The company operates under the name TrinityRail in three main segments: railcar leasing and management services, which owns railcars and provides fleet management and administration services; rail products, which builds, sells, and modifies freight and tank railcars and their components; and all other, which sells highway products such as guardrail and other highway barriers. Customers include railroads, leasing companies, and shipping companies in the industries of agriculture, construction, consumer products, energy, and chemicals.
Executives
Eric R Marchetto other: Officer Trinity Rail 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Gregory B Mitchell other: Chief Commercial Officer 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Scott M Ewing officer: EVP & Chief Legal Officer 14221 N DALLAS PARKWAY SUITE 1100, DALLAS TX 75254
Jean Savage director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Todd Maclin director P.O. BOX 619100, DALLAS TX 75261
Biesterfeld Robert C Jr director 14701 CHARLSON RD, EDEN PRAIRIE MN 55347
Veena M Lakkundi director 3M COMPANY, 3M CENTER, BLDG 220 09 E-02, ST. PAUL MN 55144-1000
Brian D Madison other: President, TILC 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
Valueact Capital Master Fund, L.p. director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Jason G. Anderson director ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
John L Adams officer: Executive Vice President 2525 STEMMONS FREEWAY, DALLAS TX 75207
Melendy E Lovett director 14221 N DALLAS PARKWAY, SUITE 1100, DALLAS TX 75254
William P Ainsworth director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015
Brandon Boze director, 10 percent owner, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Tyrone Michael Jordan director 8501 NORTH SCOTTSDALE ROAD, SUITE 100, SCOTTSDALE AZ 85253