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PulteGroup (PulteGroup) Cyclically Adjusted PS Ratio : 2.47 (As of Apr. 27, 2024)


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What is PulteGroup Cyclically Adjusted PS Ratio?

As of today (2024-04-27), PulteGroup's current share price is $113.80. PulteGroup's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $46.05. PulteGroup's Cyclically Adjusted PS Ratio for today is 2.47.

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

PHM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.36   Max: 2.71
Current: 2.42

During the past years, PulteGroup's highest Cyclically Adjusted PS Ratio was 2.71. The lowest was 0.46. And the median was 1.36.

PHM's Cyclically Adjusted PS Ratio is ranked worse than
85.53% of 76 companies
in the Homebuilding & Construction industry
Industry Median: 0.885 vs PHM: 2.42

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.

PulteGroup's adjusted revenue per share data for the three months ended in Mar. 2024 was $18.493. 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 $46.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PulteGroup Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PulteGroup'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.

PulteGroup Cyclically Adjusted PS Ratio Chart

PulteGroup 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 1.77 1.73 1.86 1.20 2.32

PulteGroup 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 1.47 1.86 1.71 2.32 2.62

Competitive Comparison of PulteGroup's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, PulteGroup'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.


PulteGroup's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, PulteGroup's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PulteGroup 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=113.80/46.05
=2.47

* 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.

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

For example, PulteGroup'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)
=18.493/129.4194*129.4194
=18.493

Current CPI (Mar. 2024) = 129.4194.

PulteGroup Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.388 100.560 4.360
201409 4.227 100.428 5.447
201412 5.106 99.070 6.670
201503 3.062 99.621 3.978
201506 3.515 100.684 4.518
201509 4.264 100.392 5.497
201512 5.863 99.792 7.604
201603 4.088 100.470 5.266
201606 5.172 101.688 6.582
201609 5.674 101.861 7.209
201612 7.633 101.863 9.698
201703 5.092 102.862 6.407
201706 6.442 103.349 8.067
201709 7.098 104.136 8.821
201712 9.529 104.011 11.857
201803 6.840 105.290 8.408
201806 8.965 106.317 10.913
201809 9.307 106.507 11.309
201812 10.705 105.998 13.070
201903 7.166 107.251 8.647
201906 8.967 108.070 10.738
201909 9.905 108.329 11.833
201912 11.116 108.420 13.269
202003 8.462 108.902 10.056
202006 9.641 108.767 11.472
202009 10.987 109.815 12.948
202012 11.891 109.897 14.003
202103 10.262 111.754 11.884
202106 12.786 114.631 14.435
202109 13.438 115.734 15.027
202112 16.533 117.630 18.190
202203 12.758 121.301 13.612
202206 16.326 125.017 16.901
202209 16.767 125.227 17.328
202212 22.272 125.222 23.019
202303 15.824 127.348 16.081
202306 18.751 128.729 18.852
202309 18.224 129.860 18.162
202312 19.906 129.419 19.906
202403 18.493 129.419 18.493

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.


PulteGroup  (NYSE:PHM) 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.


PulteGroup Cyclically Adjusted PS Ratio Related Terms

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


PulteGroup (PulteGroup) Business Description

Traded in Other Exchanges
Address
3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is one of the largest homebuilders in the United States, operating in 42 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
Executives
Lila Snyder director 3001, SUMMER STREET, STAMFORD CT 06926
Kevin A Henry officer: EVP and Chief People Officer 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
Matthew William Koart officer: Exec. VP & COO 3350 PEACHTREE ROAD NE, SUITE 1500, ATLANTA GA 30326
Robert Oshaughnessy officer: Exec. VP & CFO 2555 TELEGRAPH RD., BLOOMFIELD HILLS MI 48302
Brian P Anderson director C/O PULTE HOMES, INC., 100 BLOOMFIELD HILLS PKWY #300, BLOOMFIELD HILLS MI 48304
Ryan Marshall officer: Area President 24311 WALDEN CENTER DR, STE 300, BONITA SPRINGS FL 34134
John James Chadwick officer: Area President 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Brien P. O'meara officer: Vice President & Controller 3350 PEACHTREE ROAD, N.E., SUITE 150, ATLANTA GA 30326
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Todd N Sheldon officer: EVP, Gen Counsel, Corp Sec'y 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Stephen P Schlageter other: Area President 3350 PEACHTREE ROAD NORTHEAST, SUITE 150, ATLANTA GA 30326
Bill Pulte director 321 N. CLARK STREET, SUITE #500, CHICAGO IL 60654
Bryce Blair director
James L Ossowski officer: VP Finance & Controller 100 BLOOMFIELD HILLS PKWY, STE 300, BLOOMFIELD HILLS MI 48304
Michelle H. Hairston officer: Senior Vice President - HR 2308 WEST MORELAND STREET, FALLS CHURCH VA 22046

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