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Country Road (ASX:CTY) Cyclically Adjusted PS Ratio : (As of Jun. 08, 2024)


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What is Country Road Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Country Road Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Country Road'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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Country Road Cyclically Adjusted PS Ratio Chart

Country Road Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Cyclically Adjusted PS Ratio
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Country Road Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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Competitive Comparison of Country Road's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Country Road'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.


Country Road's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Country Road's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Country Road 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.

Country Road's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun13 is calculated as:

For example, Country Road's adjusted Revenue per Share data for the fiscal year that ended in Jun13 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun13 (Change)*Current CPI (Jun13)
=7.469/95.4725*95.4725
=7.469

Current CPI (Jun13) = 95.4725.

Country Road Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200406 2.771 74.855 3.534
200506 3.020 76.712 3.759
200606 2.970 79.777 3.554
200706 3.447 81.449 4.040
200806 4.207 85.071 4.721
200906 4.974 86.278 5.504
201006 5.399 88.971 5.794
201106 5.972 92.129 6.189
201206 6.074 93.244 6.219
201306 7.469 95.473 7.469

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.


Country Road  (ASX:CTY) 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.


Country Road Cyclically Adjusted PS Ratio Related Terms

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


Country Road (ASX:CTY) Business Description

Traded in Other Exchanges
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Address
Country Road Limited is involved in the retail of fashion apparel, accessories, home wares and home furnishings. It offers dresses, jackets and coats, jeans, cosmetic bags, belts, handbags, hats and gloves, bath products, among others.

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