GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Clicks Group Ltd (JSE:CLS) » Definitions » Cyclically Adjusted PS Ratio

Clicks Group (JSE:CLS) Cyclically Adjusted PS Ratio : 2.07 (As of May. 26, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Clicks Group Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Clicks Group's current share price is R309.95. Clicks Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 was R149.78. Clicks Group's Cyclically Adjusted PS Ratio for today is 2.07.

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

JSE:CLS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.07   Med: 1.97   Max: 2.73
Current: 2.07

During the past 13 years, Clicks Group's highest Cyclically Adjusted PS Ratio was 2.73. The lowest was 1.07. And the median was 1.97.

JSE:CLS's Cyclically Adjusted PS Ratio is ranked worse than
62.94% of 340 companies
in the Healthcare Providers & Services industry
Industry Median: 1.195 vs JSE:CLS: 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.

Clicks Group's adjusted revenue per share data of for the fiscal year that ended in Aug23 was R170.959. 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 R149.78 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clicks Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Clicks Group'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.

Clicks Group Cyclically Adjusted PS Ratio Chart

Clicks Group 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 1.96 2.09 2.48 2.17 1.83

Clicks Group Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 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 - 2.17 - 1.83 -

Competitive Comparison of Clicks Group's Cyclically Adjusted PS Ratio

For the Pharmaceutical Retailers subindustry, Clicks Group'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.


Clicks Group's Cyclically Adjusted PS Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Clicks Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Clicks Group 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.

Clicks Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=309.95/149.78
=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.

Clicks Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Aug23 is calculated as:

For example, Clicks Group's adjusted Revenue per Share data for the fiscal year that ended in Aug23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=170.959/150.4220*150.4220
=170.959

Current CPI (Aug23) = 150.4220.

Clicks Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201408 76.939 96.794 119.567
201508 88.208 101.154 131.171
201608 96.490 107.476 135.047
201708 106.115 112.381 142.035
201808 114.490 117.831 146.157
201908 123.691 122.954 151.324
202008 135.442 126.660 160.852
202108 151.119 133.003 170.910
202208 162.039 143.536 169.813
202308 170.959 150.422 170.959

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.


Clicks Group  (JSE:CLS) 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.


Clicks Group Cyclically Adjusted PS Ratio Related Terms

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


Clicks Group (JSE:CLS) Business Description

Traded in Other Exchanges
Address
Cnr Searle and Pontac Streets, PO Box 5142, Cape Town, ZAF, 8001
Clicks Group Ltd operates pharmaceutical health and beauty retail stores. The company primarily operates a retail pharmacy chain in South Africa, with a limited number of operations in bordering countries. The company targets middle- to upper-income consumers. Clicks' business strategy focuses on consistent product sourcing, product development, and measured store expansion. The company has a portfolio of retail franchise brands including The Body Shop, GNC, and claire's. Clicks uses United Pharmaceutical Distributors' capabilities for the groups' integrated channel to the healthcare market.