GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » VF Corp (WBO:VFC) » Definitions » Cyclically Adjusted PS Ratio

VF (WBO:VFC) Cyclically Adjusted PS Ratio : 0.43 (As of Jun. 04, 2024)


View and export this data going back to 2018. Start your Free Trial

What is VF Cyclically Adjusted PS Ratio?

As of today (2024-06-04), VF's current share price is €12.714. VF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €29.24. VF's Cyclically Adjusted PS Ratio for today is 0.43.

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

WBO:VFC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.38   Med: 2.52   Max: 3.87
Current: 0.44

During the past years, VF's highest Cyclically Adjusted PS Ratio was 3.87. The lowest was 0.38. And the median was 2.52.

WBO:VFC's Cyclically Adjusted PS Ratio is ranked better than
63.64% of 858 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.645 vs WBO:VFC: 0.44

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.

VF's adjusted revenue per share data for the three months ended in Mar. 2024 was €5.621. 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 €29.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


VF Cyclically Adjusted PS Ratio Historical Data

The historical data trend for VF'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.

VF Cyclically Adjusted PS Ratio Chart

VF Annual Data
Trend Dec15 Dec16 Dec17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 2.93 1.90 0.73 0.49

VF Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.73 0.61 0.56 0.60 0.49

Competitive Comparison of VF's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, VF'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.


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

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

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



VF 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.714/29.24
=0.43

* 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.

VF's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, VF's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.621/131.7762*131.7762
=5.621

Current CPI (Mar. 2024) = 131.7762.

VF Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.044 100.560 5.299
201409 6.243 100.428 8.192
201412 5.863 99.070 7.799
201503 6.039 99.621 7.988
201506 5.021 100.684 6.572
201509 7.289 100.392 9.568
201512 4.866 99.792 6.426
201603 5.513 100.470 7.231
201606 4.893 101.688 6.341
201609 7.072 101.861 9.149
201612 6.224 101.863 8.052
201703 5.803 102.862 7.434
201706 5.243 103.349 6.685
201709 7.408 104.136 9.374
201712 -0.117 104.011 -0.148
201803 6.155 105.290 7.703
201806 5.973 106.317 7.403
201809 8.331 106.507 10.308
201812 8.664 105.998 10.771
201903 -0.814 107.251 -1.000
201906 4.515 108.070 5.505
201909 7.177 108.329 8.730
201912 7.095 108.420 8.623
202003 4.814 108.902 5.825
202006 2.446 108.767 2.963
202009 5.661 109.815 6.793
202012 6.218 109.897 7.456
202103 5.511 111.754 6.498
202106 4.622 114.631 5.313
202109 6.899 115.734 7.855
202112 8.172 117.630 9.155
202203 6.593 121.301 7.162
202206 5.520 125.017 5.818
202209 8.026 125.227 8.446
202212 8.586 125.222 9.035
202303 6.588 127.348 6.817
202306 4.961 128.729 5.078
202309 7.321 129.860 7.429
202312 6.989 129.419 7.116
202403 5.621 131.776 5.621

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.


VF  (WBO:VFC) 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.


VF Cyclically Adjusted PS Ratio Related Terms

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


VF (WBO:VFC) Business Description

Address
1551 Wewatta Street, Denver, CO, USA, 80202
VF designs, produces, and distributes branded apparel, footwear, and accessories. Its apparel categories are active, outdoor, and work. Its portfolio of about a dozen brands includes Vans, The North Face, Timberland, Supreme, and Dickies. VF markets its products in the Americas, Europe, and Asia-Pacific through wholesale sales to retailers, e-commerce, and branded stores owned by the company and partners. The company has grown through multiple acquisitions and traces its roots to 1899.