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Marks & Spencer Group (Marks & Spencer Group) Cyclically Adjusted PS Ratio : 0.38 (As of Apr. 28, 2024)


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What is Marks & Spencer Group Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Marks & Spencer Group's current share price is $6.53. Marks & Spencer Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was $17.32. Marks & Spencer Group's Cyclically Adjusted PS Ratio for today is 0.38.

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

MAKSY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.42   Max: 0.94
Current: 0.38

During the past 13 years, Marks & Spencer Group's highest Cyclically Adjusted PS Ratio was 0.94. The lowest was 0.13. And the median was 0.42.

MAKSY's Cyclically Adjusted PS Ratio is ranked better than
58.11% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs MAKSY: 0.38

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.

Marks & Spencer Group's adjusted revenue per share data of for the fiscal year that ended in Mar23 was $14.238. 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 $17.32 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marks & Spencer Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marks & Spencer Group'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.

Marks & Spencer Group Cyclically Adjusted PS Ratio Chart

Marks & Spencer Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.15 0.24 0.24 0.24

Marks & Spencer Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.24 - 0.24 -

Competitive Comparison of Marks & Spencer Group's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, Marks & Spencer Group'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.


Marks & Spencer Group's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marks & Spencer Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Marks & Spencer Group's Cyclically Adjusted PS Ratio falls into.



Marks & Spencer Group 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.

Marks & Spencer Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.53/17.32
=0.38

* 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.

Marks & Spencer Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Marks & Spencer Group's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=14.238/126.8000*126.8000
=14.238

Current CPI (Mar23) = 126.8000.

Marks & Spencer Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 19.960 99.300 25.488
201503 17.770 99.600 22.623
201603 17.385 100.400 21.956
201703 15.265 102.700 18.847
201803 17.412 105.100 21.007
201903 16.067 107.000 19.040
202003 13.226 108.600 15.443
202103 12.902 109.700 14.913
202203 14.122 116.500 15.371
202303 14.238 126.800 14.238

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.


Marks & Spencer Group  (OTCPK:MAKSY) 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.


Marks & Spencer Group Cyclically Adjusted PS Ratio Related Terms

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


Marks & Spencer Group (Marks & Spencer Group) Business Description

Traded in Other Exchanges
Address
35 North Wharf Road, Waterside House, London, GBR, W2 1NW
M&S is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The company sells into more than 60 countries from thousands of stores and several websites around the world and offers predominantly own-brand luxury food, clothing, and home products with the majority of sales coming from its U.K. operations. Marks & Spencer operates three business models—owned, franchise, and joint venture—in the U.K. and internationally. The online business globally is delivered through localized owned and franchised websites and partnerships. The food segment includes value products, convenient ready-made meals, and healthy items. The clothing and home division sells own-brand and high-quality womenswear, lingerie, menswear, kidswear, beauty, and home products.