GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Bassett Furniture Industries Inc (NAS:BSET) » Definitions » Cyclically Adjusted PS Ratio

Bassett Furniture Industries (Bassett Furniture Industries) Cyclically Adjusted PS Ratio : 0.27 (As of Apr. 27, 2024)


View and export this data going back to 1984. Start your Free Trial

What is Bassett Furniture Industries Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Bassett Furniture Industries's current share price is $13.12. Bassett Furniture Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $49.04. Bassett Furniture Industries's Cyclically Adjusted PS Ratio for today is 0.27.

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

BSET' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.55   Max: 1.32
Current: 0.27

During the past years, Bassett Furniture Industries's highest Cyclically Adjusted PS Ratio was 1.32. The lowest was 0.12. And the median was 0.55.

BSET's Cyclically Adjusted PS Ratio is ranked better than
80.06% of 311 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.81 vs BSET: 0.27

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.

Bassett Furniture Industries's adjusted revenue per share data for the three months ended in Feb. 2024 was $9.902. 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 $49.04 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bassett Furniture Industries Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bassett Furniture Industries'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.

Bassett Furniture Industries Cyclically Adjusted PS Ratio Chart

Bassett Furniture Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.42 0.36 0.40 0.34

Bassett Furniture Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 0.39 0.28 0.31 0.34 0.32

Competitive Comparison of Bassett Furniture Industries's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Bassett Furniture Industries'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.


Bassett Furniture Industries's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bassett Furniture Industries's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Bassett Furniture Industries 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.

Bassett Furniture Industries's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.12/49.04
=0.27

* 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.

Bassett Furniture Industries's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Bassett Furniture Industries's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=9.902/129.4194*129.4194
=9.902

Current CPI (Feb. 2024) = 129.4194.

Bassett Furniture Industries Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 7.903 100.373 10.190
201408 8.028 100.352 10.353
201411 8.964 99.635 11.644
201502 8.709 99.032 11.381
201505 10.287 100.333 13.269
201508 10.154 100.548 13.070
201511 10.567 100.135 13.657
201602 9.818 100.040 12.701
201605 9.774 101.355 12.480
201608 9.625 101.617 12.258
201611 10.591 101.829 13.461
201702 9.879 102.779 12.440
201705 10.644 103.256 13.341
201708 10.648 103.587 13.303
201711 10.986 104.072 13.662
201802 10.319 105.052 12.713
201805 10.891 106.148 13.279
201808 10.557 106.383 12.843
201811 11.033 106.338 13.428
201902 11.527 106.649 13.988
201905 10.343 108.048 12.389
201908 10.684 108.245 12.774
201911 11.324 108.519 13.505
202002 11.153 109.139 13.225
202005 6.408 108.175 7.666
202008 9.182 109.662 10.836
202011 7.062 109.793 8.324
202102 10.227 110.968 11.927
202105 11.111 113.576 12.661
202108 10.717 115.421 12.017
202111 11.726 117.269 12.941
202202 12.077 119.703 13.057
202205 13.500 123.323 14.167
202208 12.735 124.958 13.190
202211 13.324 125.607 13.728
202302 12.105 126.928 12.343
202305 11.394 128.314 11.492
202308 9.984 129.538 9.975
202311 10.854 129.548 10.843
202402 9.902 129.419 9.902

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.


Bassett Furniture Industries  (NAS:BSET) 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.


Bassett Furniture Industries Cyclically Adjusted PS Ratio Related Terms

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


Bassett Furniture Industries (Bassett Furniture Industries) Business Description

Traded in Other Exchanges
N/A
Address
3525 Fairystone Park Highway, P.O. Box 626, Bassett, VA, USA, 24055
Bassett Furniture Industries Inc is a manufacturer, importer, and retailer of home furnishings products in the United States. It operates through the following segments: The Wholesale segment focuses on the design, manufacture, sourcing, sale, and distribution of furniture products. The Retail segment consists of company-owned stores.
Executives
Spilman Robert H Jr director, officer: Pres & Chief Executive Officer C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John Michael Daniel officer: V P, Chief Accounting Officer P O BOX 626, 3525 FAIRYSTONE PARK HWY, BASSETT VA 24055
Warden William C Jr director PO BOX 2328, HICKORY NC 28603-2328
David C Baker officer: SVP, Corporate Retail 1012 SHERATON, COURT, MARTINSVILLE VA 24112
Emma S. Battle director 101 NORTH CHERRY STREET, SUITE 501, WINSTON SALEM NC 27101
Virginia W. Hamlet director P.O. BOX 626, BASSETT VA 24055
Wampler William C Jr director 510 CUMBERLAND STREET, BRISTOL VA 24201-4387
Bassett John E Iii officer: vice President Global Sourcing C/O BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
John R Belk director BELK INC, 2801 WEST TYVOLA ROAD, CHARLOTTE NC 28217-4500
Stefanie Jane Lucas officer: SVP, Chief Merchandising Offic P.O. BOX 626, BASSETT VA 24055
Kara Ann Kelchner-strong officer: SVP, Customer Experience Offic P.O. BOX 626, BASSETT VA 24055
Mark S Jordan officer: Vice President Upholstery BASSETT FURNITURE INDUSTRIES INC, PO BOX 626, BASSETT VA 24055
Jay R Hervey officer: Vice Pres Sec & Gen Counsel
Bruce Cohenour officer: SR VP/SALES & MERCHANDISING HOOKER FURNITURE CORPORATION, 440 EAST COMMONWEALTH BLVD, MARTINSVILLE VA 24112
Kristina K Cashman director

Bassett Furniture Industries (Bassett Furniture Industries) Headlines

From GuruFocus

Bassett Increases Regular Quarterly Dividend

By Marketwired Marketwired 10-08-2020

Bassett Increases Quarterly Dividend by 12.5%

By Marketwired 07-12-2023

Bassett Regular Quarterly Dividend

By Marketwired Marketwired 03-11-2021

Bassett Announces Board Appointment

By Marketwired Marketwired 10-13-2020

Bassett Regular Quarterly Dividend

By Marketwired Marketwired 01-14-2021

Bassett Finalizes the Sale of Zenith Assets to J.B. Hunt Transport

By GuruFocusNews GuruFocusNews 03-01-2022

Bassett Regular Quarterly Dividend

By Marketwired Marketwired 10-07-2021

Bassett Announces Regular Quarterly Dividend

By GlobeNewswire 01-11-2024