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Carrols Restaurant Group (Carrols Restaurant Group) Cyclically Adjusted PS Ratio : 0.29 (As of Apr. 30, 2024)


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What is Carrols Restaurant Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Carrols Restaurant Group's current share price is $9.51. Carrols Restaurant Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $32.88. Carrols Restaurant Group's Cyclically Adjusted PS Ratio for today is 0.29.

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

TAST' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.25   Max: 0.58
Current: 0.29

During the past years, Carrols Restaurant Group's highest Cyclically Adjusted PS Ratio was 0.58. The lowest was 0.04. And the median was 0.25.

TAST's Cyclically Adjusted PS Ratio is ranked better than
83.47% of 242 companies
in the Restaurants industry
Industry Median: 0.815 vs TAST: 0.29

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.

Carrols Restaurant Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $7.433. 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 $32.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carrols Restaurant Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carrols Restaurant 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.

Carrols Restaurant Group Cyclically Adjusted PS Ratio Chart

Carrols Restaurant Group 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 0.27 0.23 0.10 0.04 0.24

Carrols Restaurant Group 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 0.04 0.07 0.15 0.20 0.24

Competitive Comparison of Carrols Restaurant Group's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Carrols Restaurant 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.


Carrols Restaurant Group's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Carrols Restaurant Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Carrols Restaurant 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.51/32.88
=0.29

* 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.

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

For example, Carrols Restaurant Group'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)
=7.433/129.4194*129.4194
=7.433

Current CPI (Dec. 2023) = 129.4194.

Carrols Restaurant Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 6.542 99.695 8.493
201406 5.479 100.560 7.051
201409 5.168 100.428 6.660
201412 5.539 99.070 7.236
201503 5.538 99.621 7.195
201506 6.278 100.684 8.070
201509 4.872 100.392 6.281
201512 6.536 99.792 8.476
201603 4.958 100.470 6.387
201606 5.385 101.688 6.854
201609 5.325 101.861 6.766
201612 5.384 101.863 6.841
201703 6.779 102.862 8.529
201706 6.219 103.349 7.788
201709 6.347 104.136 7.888
201712 6.309 104.011 7.850
201803 7.615 105.290 9.360
201806 6.704 106.317 8.161
201809 6.538 106.507 7.945
201812 6.779 105.998 8.277
201903 8.067 107.251 9.734
201906 8.978 108.070 10.752
201909 8.757 108.329 10.462
201912 7.920 108.420 9.454
202003 6.917 108.902 8.220
202006 6.107 108.767 7.267
202009 6.723 109.815 7.923
202012 8.353 109.897 9.837
202103 7.827 111.754 9.064
202106 8.505 114.631 9.602
202109 8.446 115.734 9.445
202112 8.335 117.630 9.170
202203 7.917 121.301 8.447
202206 8.701 125.017 9.007
202209 8.739 125.227 9.032
202212 8.760 125.222 9.054
202303 7.248 127.348 7.366
202306 7.811 128.729 7.853
202309 7.572 129.860 7.546
202312 7.433 129.419 7.433

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.


Carrols Restaurant Group  (NAS:TAST) 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.


Carrols Restaurant Group Cyclically Adjusted PS Ratio Related Terms

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


Carrols Restaurant Group (Carrols Restaurant Group) Business Description

Traded in Other Exchanges
Address
968 James Street, Syracuse, NY, USA, 13203
Carrols Restaurant Group Inc is a restaurant company. It owns and operates Burger King restaurants in the Northeastern, Midwestern, and Southeastern United States. The Burger King restaurants are quick-service restaurants featuring hamburgers and other sandwiches.
Executives
Anthony E Hull officer: VP, CFO, Treasurer 175 PARK AVENUE, MADISON NJ 07940
Gretta Miles officer: VP, Controller, Asst Treasurer 968 JAMES STREET, SYRACUSE NY 13203
Ahmad Filsoof officer: VP, Strategic Initiatives 968 JAMES STREET, SYRACUSE NY 13203
Cambridge Franchise Partners, Llc 10 percent owner 853 BROADWAY, NEW YORK NY 10003
Richard G Cross officer: VP, Real Estate 968 JAMES STREET, SYRACUSE NY 13203
Gary Mcquillan officer: VP, Strategic Procurement 968 JAMES STREET, SYRACUSE NY 13203
Joseph W Hoffman officer: Chief Restaurant Officer 968 JAMES STREET, SYRACUSE NY 13203
Paulo A Pena officer: President and CEO 968 JAMES STREET, SYRACUSE NY 13203
John Davis Smith director 968 JAMES STREET, SYRACUSE NY 13203
Jared L. Landaw officer: VP, GC, Secretary 101 WEST 79TH STREET - 12B, NEW YORK NY 10024
Nathan Mucher officer: VP, Chief Information Officer 968 JAMES STREET, SYRACUSE NY 13203
Thomas Benjamin Curtis director 30 FRANK LLOYD WRIGHT DR, ANN ARBOR MI 48105
Matthew Terker Perelman director, 10 percent owner 853 BROADWAY, SUITE 2014, NEW YORK NY 10003
Carl S Hauch officer: VP and COO ADVANCE AUTO PARTS, INC, 5008 AIRPORT RD, ROANOKE VA 24012
David Harris director 237 PARK AVENUE - SUITE 900, NEW YORK NY 10017