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Vipshop Holdings (Vipshop Holdings) Cyclically Adjusted PS Ratio : 0.81 (As of Apr. 28, 2024)


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What is Vipshop Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Vipshop Holdings's current share price is $15.73. Vipshop Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $19.48. Vipshop Holdings's Cyclically Adjusted PS Ratio for today is 0.81.

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

VIPS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.87   Max: 3.83
Current: 0.81

During the past years, Vipshop Holdings's highest Cyclically Adjusted PS Ratio was 3.83. The lowest was 0.42. And the median was 0.87.

VIPS's Cyclically Adjusted PS Ratio is ranked worse than
63.3% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs VIPS: 0.81

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.

Vipshop Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $8.793. 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 $19.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vipshop Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vipshop Holdings'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.

Vipshop Holdings Cyclically Adjusted PS Ratio Chart

Vipshop Holdings 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 - 2.37 0.57 0.80 0.91

Vipshop Holdings 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 0.80 0.86 0.90 0.85 0.91

Competitive Comparison of Vipshop Holdings's Cyclically Adjusted PS Ratio

For the Internet Retail subindustry, Vipshop Holdings'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.


Vipshop Holdings's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Vipshop Holdings 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.

Vipshop Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.73/19.48
=0.81

* 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.

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

For example, Vipshop Holdings'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)
=8.793/114.6694*114.6694
=8.793

Current CPI (Dec. 2023) = 114.6694.

Vipshop Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.171 98.600 1.362
201406 1.365 98.200 1.594
201409 1.454 98.900 1.686
201412 2.212 99.000 2.562
201503 2.310 99.900 2.652
201506 2.418 99.500 2.787
201509 2.272 100.500 2.592
201512 3.561 100.600 4.059
201603 3.012 102.200 3.379
201606 3.275 101.400 3.704
201609 3.031 102.400 3.394
201612 4.042 102.600 4.517
201703 3.700 103.200 4.111
201706 4.089 103.100 4.548
201709 3.714 104.100 4.091
201712 5.791 104.500 6.355
201803 4.478 105.300 4.876
201806 4.574 104.900 5.000
201809 3.891 106.600 4.186
201812 5.195 106.500 5.593
201903 4.561 107.700 4.856
201906 4.898 107.700 5.215
201909 4.083 109.800 4.264
201912 6.178 111.200 6.371
202003 3.910 112.300 3.992
202006 4.959 110.400 5.151
202009 4.927 111.700 5.058
202012 7.830 111.500 8.053
202103 6.150 112.662 6.260
202106 6.571 111.769 6.742
202109 5.643 112.215 5.766
202112 7.876 113.108 7.985
202203 5.849 114.335 5.866
202206 5.641 114.558 5.646
202209 4.937 115.339 4.908
202212 7.471 115.116 7.442
202303 6.795 115.116 6.769
202306 6.963 114.558 6.970
202309 5.650 115.339 5.617
202312 8.793 114.669 8.793

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.


Vipshop Holdings  (NYSE:VIPS) 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.


Vipshop Holdings Cyclically Adjusted PS Ratio Related Terms

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


Vipshop Holdings (Vipshop Holdings) Business Description

Address
128 Dingxin Road, Haizhu District, Guangdong, Guangzhou, CHN, 510220
Vipshop Holdings Ltd is an online discount retailer for brands in China. The company offers branded products to consumers in China through flash sales on its vipshop.com, vip.com and lefeng.com websites. Flash sales represent an online retail format combining the advantages of e-commerce and discount sales through selling a finite quantity of discounted products or services online for a limited period of time. It deals in wide range of products and services for consumers specializing in branded cosmetics, apparel, healthcare products, food and other consumer products. Its operating segment includes Vip.com and Shan Shan Outlets. The company generates maximum revenue from Vip.com segment.