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Fast Retailing Co (FRA:FR7) Cyclically Adjusted PS Ratio : 5.25 (As of Jun. 02, 2024)


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What is Fast Retailing Co Cyclically Adjusted PS Ratio?

As of today (2024-06-02), Fast Retailing Co's current share price is €233.30. Fast Retailing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €44.44. Fast Retailing Co's Cyclically Adjusted PS Ratio for today is 5.25.

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

FRA:FR7' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.22   Med: 4.1   Max: 6.46
Current: 5.48

During the past years, Fast Retailing Co's highest Cyclically Adjusted PS Ratio was 6.46. The lowest was 2.22. And the median was 4.10.

FRA:FR7's Cyclically Adjusted PS Ratio is ranked worse than
96.47% of 765 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs FRA:FR7: 5.48

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.

Fast Retailing Co's adjusted revenue per share data for the three months ended in Feb. 2024 was €15.895. 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 €44.44 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fast Retailing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fast Retailing Co'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.

Fast Retailing Co Cyclically Adjusted PS Ratio Chart

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 3.94 4.21 4.31 4.76

Fast Retailing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.03 4.76 4.76 5.19 5.90

Competitive Comparison of Fast Retailing Co's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Fast Retailing Co'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.


Fast Retailing Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Fast Retailing Co 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.

Fast Retailing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=233.30/44.44
=5.25

* 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.

Fast Retailing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Fast Retailing Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=15.895/106.9000*106.9000
=15.895

Current CPI (Feb. 2024) = 106.9000.

Fast Retailing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 7.565 98.100 8.244
201408 7.030 98.300 7.645
201411 10.804 97.900 11.797
201502 11.390 97.600 12.475
201505 9.640 98.700 10.441
201508 7.955 98.400 8.642
201511 12.912 98.100 14.070
201602 12.643 97.800 13.819
201605 11.215 98.200 12.209
201608 10.124 97.900 11.055
201611 14.759 98.600 16.001
201702 13.263 98.100 14.453
201705 12.117 98.600 13.137
201708 9.665 98.500 10.489
201711 15.208 99.100 16.405
201802 13.944 99.500 14.981
201805 13.018 99.300 14.014
201808 10.843 99.800 11.614
201811 16.322 100.000 17.448
201902 16.212 99.700 17.383
201905 14.717 100.000 15.732
201908 12.910 100.000 13.801
201911 16.901 100.500 17.977
202002 15.893 100.300 16.939
202005 9.396 100.100 10.034
202008 12.053 100.100 12.872
202011 16.369 99.500 17.586
202102 14.911 99.800 15.972
202105 12.172 99.400 13.090
202108 10.965 99.700 11.757
202111 15.713 100.100 16.780
202202 14.728 100.700 15.635
202205 13.062 101.800 13.716
202208 12.737 102.700 13.258
202211 16.070 103.900 16.534
202302 17.166 104.000 17.645
202305 14.774 105.100 15.027
202308 12.845 105.900 12.966
202311 16.292 106.900 16.292
202402 15.895 106.900 15.895

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.


Fast Retailing Co  (FRA:FR7) 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.


Fast Retailing Co Cyclically Adjusted PS Ratio Related Terms

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


Fast Retailing Co (FRA:FR7) Business Description

Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (FRA:FR7) Headlines

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