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Fast Retailing Co (Fast Retailing Co) Cyclically Adjusted PS Ratio : 5.45 (As of Apr. 29, 2024)


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What is Fast Retailing Co Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Fast Retailing Co's current share price is $26.685. Fast Retailing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was $4.90. Fast Retailing Co's Cyclically Adjusted PS Ratio for today is 5.45.

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

FRCOY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.22   Med: 4.08   Max: 6.46
Current: 5.64

During the past years, Fast Retailing Co's highest Cyclically Adjusted PS Ratio was 6.46. The lowest was 2.22. And the median was 4.08.

FRCOY's Cyclically Adjusted PS Ratio is ranked worse than
96.81% of 753 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs FRCOY: 5.64

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.

Fast Retailing Co's adjusted revenue per share data for the three months ended in Feb. 2024 was $1.715. 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 $4.90 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fast Retailing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fast Retailing Co'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.

Fast Retailing Co Cyclically Adjusted PS Ratio Chart

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 3.94 4.21 4.31 4.76

Fast Retailing Co 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 4.03 4.76 4.76 5.19 5.90

Competitive Comparison of Fast Retailing Co's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Fast Retailing Co'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.


Fast Retailing Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fast Retailing Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Fast Retailing Co 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.

Fast Retailing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.685/4.9
=5.45

* 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.

Fast Retailing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Fast Retailing Co'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)
=1.715/106.9000*106.9000
=1.715

Current CPI (Feb. 2024) = 106.9000.

Fast Retailing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 1.039 98.100 1.132
201408 0.936 98.300 1.018
201411 1.347 97.900 1.471
201502 1.293 97.600 1.416
201505 1.077 98.700 1.166
201508 0.886 98.400 0.963
201511 1.385 98.100 1.509
201602 1.402 97.800 1.532
201605 1.269 98.200 1.381
201608 1.135 97.900 1.239
201611 1.592 98.600 1.726
201702 1.412 98.100 1.539
201705 1.339 98.600 1.452
201708 1.141 98.500 1.238
201711 1.785 99.100 1.925
201802 1.722 99.500 1.850
201805 1.539 99.300 1.657
201808 1.252 99.800 1.341
201811 1.855 100.000 1.983
201902 1.840 99.700 1.973
201905 1.646 100.000 1.760
201908 1.436 100.000 1.535
201911 1.867 100.500 1.986
202002 1.733 100.300 1.847
202005 1.025 100.100 1.095
202008 1.426 100.100 1.523
202011 1.935 99.500 2.079
202102 1.803 99.800 1.931
202105 1.479 99.400 1.591
202108 1.290 99.700 1.383
202111 1.794 100.100 1.916
202202 1.672 100.700 1.775
202205 1.381 101.800 1.450
202208 1.290 102.700 1.343
202211 1.638 103.900 1.685
202302 1.838 104.000 1.889
202305 1.606 105.100 1.634
202308 1.401 105.900 1.414
202311 1.763 106.900 1.763
202402 1.715 106.900 1.715

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.


Fast Retailing Co  (OTCPK:FRCOY) 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.


Fast Retailing Co Cyclically Adjusted PS Ratio Related Terms

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


Fast Retailing Co (Fast Retailing Co) Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (Fast Retailing Co) Headlines

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