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Rocky Brands (Rocky Brands) Cyclically Adjusted PS Ratio : 0.48 (As of May. 01, 2024)


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What is Rocky Brands Cyclically Adjusted PS Ratio?

As of today (2024-05-01), Rocky Brands's current share price is $25.78. Rocky Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $53.96. Rocky Brands's Cyclically Adjusted PS Ratio for today is 0.48.

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

RCKY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.48   Max: 1.71
Current: 0.48

During the past years, Rocky Brands's highest Cyclically Adjusted PS Ratio was 1.71. The lowest was 0.23. And the median was 0.48.

RCKY's Cyclically Adjusted PS Ratio is ranked better than
57.43% of 855 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs RCKY: 0.48

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.

Rocky Brands's adjusted revenue per share data for the three months ended in Dec. 2023 was $17.016. 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 $53.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rocky Brands Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rocky Brands'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.

Rocky Brands Cyclically Adjusted PS Ratio Chart

Rocky Brands 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 0.79 0.75 0.93 0.47 0.56

Rocky Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.47 0.45 0.40 0.27 0.56

Competitive Comparison of Rocky Brands's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Rocky Brands'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.


Rocky Brands's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Rocky Brands's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Rocky Brands 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.

Rocky Brands's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=25.78/53.96
=0.48

* 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.

Rocky Brands's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Rocky Brands's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.016/129.4194*129.4194
=17.016

Current CPI (Dec. 2023) = 129.4194.

Rocky Brands Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 8.725 99.695 11.326
201406 9.122 100.560 11.740
201409 9.633 100.428 12.414
201412 10.444 99.070 13.643
201503 8.650 99.621 11.237
201506 9.049 100.684 11.632
201509 9.237 100.392 11.908
201512 8.617 99.792 11.175
201603 7.587 100.470 9.773
201606 8.307 101.688 10.572
201609 9.756 101.861 12.395
201612 9.014 101.863 11.453
201703 8.481 102.862 10.671
201706 7.852 103.349 9.833
201709 8.689 104.136 10.799
201712 8.961 104.011 11.150
201803 8.261 105.290 10.154
201806 7.798 106.317 9.493
201809 8.812 106.507 10.708
201812 8.975 105.998 10.958
201903 8.869 107.251 10.702
201906 8.338 108.070 9.985
201909 9.011 108.329 10.765
201912 10.144 108.420 12.109
202003 7.544 108.902 8.965
202006 7.661 108.767 9.116
202009 10.603 109.815 12.496
202012 12.016 109.897 14.151
202103 11.931 111.754 13.817
202106 17.691 114.631 19.973
202109 17.029 115.734 19.043
202112 23.124 117.630 25.442
202203 22.540 121.301 24.049
202206 21.930 125.017 22.702
202209 20.069 125.227 20.741
202212 18.953 125.222 19.588
202303 15.035 127.348 15.280
202306 13.574 128.729 13.647
202309 17.032 129.860 16.974
202312 17.016 129.419 17.016

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.


Rocky Brands  (NAS:RCKY) 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.


Rocky Brands Cyclically Adjusted PS Ratio Related Terms

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


Rocky Brands (Rocky Brands) Business Description

Traded in Other Exchanges
Address
39 East Canal Street, Nelsonville, OH, USA, 45764
Rocky Brands Inc acts as a designer, manufacturer, and marketer of premium-quality footwear and apparel. The company's family of brands includes Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation, and the licensed brand Michelin footwear. The company operates its business through three business segments: Wholesale, Retail and Contract. It generates majority of the revenue from Wholesale segment.
Executives
Mike Brooks director, officer: Chairman, President and CEO 39 E CANAL ST, NELSONVILLE OH 45764
Curtis A Loveland director, officer: Secretary PORTER WRIGHT MORRIS & ARTHUR, 41 SOUTH HIGH STREET, COLUMBUS OH 43215
Moore Robert Burton Jr. director 39 E. CANAL ST., NELSONVILLE OH 45764
Haning G Courtney director 110 N. MAIN ST., NEW LEXINGTON OH 43764
Michael L Finn director 2555 INTERNATIONAL STREET, COLUMBUS OH 43221
Dwight Eric Smith director 518 EAST BROAD STREET, COLUMBUS OH 43215
Sarah E O'connor officer: SVP, CFO and Treasurer 39 EAST CANAL STREET, NELSONVILLE OH 45764
Jason Brooks officer: President-US Wholesale Sales 39 E. CANAL ST., NELSONVILLE OH 45764
Thomas D. Robertson officer: Chief Financial Officer 39 E. CANAL ST., NELSONVILLE OH 45764
James L Stewart director 39 EAST CANAL ST, NELSONVILLE OH 45764
Robyn R. Hahn director 39 E. CANAL ST., NELSONVILLE OH 45764
William L Jordan director 810 DSW DRIVE, COLUMBUS OH 43219
Byron Wortham officer: Pres CoreBrndSalesMktg&ProdDev 39 E. CANAL ST., NELSONVILLE OH 45764
Tracie A. Winbigler director 39 E. CANAL ST., NELSONVILLE OH 45764
Richard Simms officer: President-Retail Sales 39 E. CANAL ST., NELSONVILLE OH 45764

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