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Viad (VVI) Cyclically Adjusted PS Ratio : 0.58 (As of Apr. 30, 2024)


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What is Viad Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Viad's current share price is $35.69. Viad's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $61.59. Viad's Cyclically Adjusted PS Ratio for today is 0.58.

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

VVI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.6   Max: 1.23
Current: 0.57

During the past years, Viad's highest Cyclically Adjusted PS Ratio was 1.23. The lowest was 0.20. And the median was 0.60.

VVI's Cyclically Adjusted PS Ratio is ranked better than
63.36% of 685 companies
in the Business Services industry
Industry Median: 0.89 vs VVI: 0.57

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.

Viad's adjusted revenue per share data for the three months ended in Dec. 2023 was $13.685. 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 $61.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viad Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Viad'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.

Viad Cyclically Adjusted PS Ratio Chart

Viad 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 1.15 0.64 0.75 0.41 0.59

Viad 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 0.41 0.35 0.44 0.42 0.59

Competitive Comparison of Viad's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Viad'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.


Viad's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Viad's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Viad 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.

Viad's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.69/61.59
=0.58

* 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.

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

For example, Viad'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)
=13.685/129.4194*129.4194
=13.685

Current CPI (Dec. 2023) = 129.4194.

Viad Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.050 99.695 18.239
201406 12.725 100.560 16.377
201409 15.025 100.428 19.362
201412 11.152 99.070 14.568
201503 13.397 99.621 17.404
201506 15.917 100.684 20.460
201509 12.814 100.392 16.519
201512 12.530 99.792 16.250
201603 12.120 100.470 15.612
201606 16.114 101.688 20.508
201609 18.927 101.861 24.048
201612 12.657 101.863 16.081
201703 16.013 102.862 20.147
201706 17.913 103.349 22.432
201709 16.593 104.136 20.622
201712 13.543 104.011 16.851
201803 13.729 105.290 16.875
201806 17.796 106.317 21.663
201809 17.568 106.507 21.347
201812 11.707 105.998 14.294
201903 14.226 107.251 17.167
201906 19.850 108.070 23.772
201909 17.416 108.329 20.807
201912 14.411 108.420 17.202
202003 14.576 108.902 17.322
202006 1.482 108.767 1.763
202009 3.095 109.815 3.648
202012 1.373 109.897 1.617
202103 1.420 111.754 1.644
202106 3.002 114.631 3.389
202109 11.262 115.734 12.594
202112 8.974 117.630 9.873
202203 8.644 121.301 9.223
202206 15.397 125.017 15.939
202209 18.322 125.227 18.935
202212 11.864 125.222 12.262
202303 12.568 127.348 12.772
202306 15.271 128.729 15.353
202309 17.281 129.860 17.222
202312 13.685 129.419 13.685

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.


Viad  (NYSE:VVI) 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.


Viad Cyclically Adjusted PS Ratio Related Terms

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


Viad (VVI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7000 East 1st Avenue, Scottsdale, AZ, USA, 85251-4304
Viad Corp is a marketing company engaged in providing extraordinary experiences, including hospitality and leisure activities, experiential marketing, and live events. It has three segments; Pursuit includes a collection of inspiring and unforgettable travel experiences that includes recreational attractions, hotels and lodges, food and beverage, retail, sightseeing, and ground transportation services, Spiro includes a marketing agency that partners with brands around the world to manage and elevate their experiential marketing activities, and GES Exhibitions is an exhibition services company that partners with exhibition and conference organizers as a full-service provider of strategic and logistics solutions to manage the complexity of their shows.
Executives
Jonathan A. Massimino officer: General Counsel & Corporate Se C/O VIAD CORP, 7000 EAST 1ST AVENUE, SCOTTSDALE AZ 85251
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Lavalley Sung-chul Patrick Thomas director C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Jeffrey A. Stelmach officer: President, Brand Experience 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Steven W Moster director, officer: President & Chief Executive Of 7000 E. 1ST AVE., SCOTTSDALE AZ 85251
Beverly K Carmichael director 305 HARTMANN DRIVE, LEBANON TN 37087
Ellen M Ingersoll officer: Chief Financial Offi, cer 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Andrew B Benett director 1850 N CENTRAL AVENUE, SUITE 1900, PHOENIX AZ 85004-4565
David W Barry officer: President - Pursuit 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Leslie S Striedel officer: Chief Accounting Officer 7000 E. 1ST AVENUE, SCOTTSDALE AZ 85251
Crestview Advisors, L.l.c. director, 10 percent owner 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Partners Iv Gp, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Te Holdings, Llc director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Holdings, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Crestview Iv Vc Ci Holdings, L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS, 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022