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Clarke (Clarke) Cyclically Adjusted PS Ratio : 4.59 (As of Apr. 27, 2024)


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What is Clarke Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Clarke's current share price is $9.5373. Clarke's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $2.08. Clarke's Cyclically Adjusted PS Ratio for today is 4.59.

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

CLKFF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.28   Med: 1.6   Max: 8.09
Current: 6.15

During the past years, Clarke's highest Cyclically Adjusted PS Ratio was 8.09. The lowest was 0.28. And the median was 1.60.

CLKFF's Cyclically Adjusted PS Ratio is ranked worse than
88.02% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs CLKFF: 6.15

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.

Clarke's adjusted revenue per share data for the three months ended in Dec. 2023 was $1.252. 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 $2.08 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clarke Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Clarke'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.

Clarke Cyclically Adjusted PS Ratio Chart

Clarke 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 1.74 2.23 4.63 4.49 4.57

Clarke 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 4.49 4.34 4.31 4.60 4.57

Competitive Comparison of Clarke's Cyclically Adjusted PS Ratio

For the Lodging subindustry, Clarke'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.


Clarke's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarke's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Clarke 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=9.5373/2.08
=4.59

* 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.

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

For example, Clarke'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)
=1.252/125.4675*125.4675
=1.252

Current CPI (Dec. 2023) = 125.4675.

Clarke Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.584 98.604 0.743
201406 1.043 99.473 1.316
201409 0.939 99.394 1.185
201412 -0.190 98.367 -0.242
201503 0.308 99.789 0.387
201506 0.020 100.500 0.025
201509 -0.805 100.421 -1.006
201512 0.434 99.947 0.545
201603 -0.149 101.054 -0.185
201606 0.360 102.002 0.443
201609 0.815 101.765 1.005
201612 0.610 101.449 0.754
201703 0.280 102.634 0.342
201706 0.095 103.029 0.116
201709 0.141 103.345 0.171
201712 0.168 103.345 0.204
201803 0.204 105.004 0.244
201806 0.167 105.557 0.199
201809 0.535 105.636 0.635
201812 -0.495 105.399 -0.589
201903 3.272 106.979 3.837
201906 1.155 107.690 1.346
201909 0.981 107.611 1.144
201912 0.903 107.769 1.051
202003 -1.864 107.927 -2.167
202006 0.584 108.401 0.676
202009 0.825 108.164 0.957
202012 1.299 108.559 1.501
202103 0.540 110.298 0.614
202106 0.532 111.720 0.597
202109 0.715 112.905 0.795
202112 0.813 113.774 0.897
202203 0.469 117.646 0.500
202206 0.732 120.806 0.760
202209 0.857 120.648 0.891
202212 0.908 120.964 0.942
202303 0.693 122.702 0.709
202306 0.869 124.203 0.878
202309 0.905 125.230 0.907
202312 1.252 125.468 1.252

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.


Clarke  (OTCPK:CLKFF) 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.


Clarke Cyclically Adjusted PS Ratio Related Terms

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


Clarke (Clarke) Business Description

Traded in Other Exchanges
Address
145 Hobsons Lake Drive, Suite 106, Halifax, NS, CAN, B3S 0H9
Clarke Inc is an investment holding company that invests in a diversified group of businesses, operating primarily in Canada. The company operates in two segments namely, Investment and Hospitality. The Investment segment includes investments in a diversified group of businesses, operating primarily in Canada. The Hospitality segment includes the ownership and operation of hotels and the provision of hotel management services to third parties by Holloway. The maximum revenue for the company is generated from the Hospitality Segment.

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