GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tractor Supply Co (BSP:T1SC34) » Definitions » Cyclically Adjusted PS Ratio

Tractor Supply Co (BSP:T1SC34) Cyclically Adjusted PS Ratio : 2.29 (As of Jun. 04, 2025)


View and export this data going back to 2020. Start your Free Trial

What is Tractor Supply Co Cyclically Adjusted PS Ratio?

As of today (2025-06-04), Tractor Supply Co's current share price is R$15.08. Tractor Supply Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$6.59. Tractor Supply Co's Cyclically Adjusted PS Ratio for today is 2.29.

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

BSP:T1SC34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.43   Med: 2.59   Max: 3.69
Current: 2.29

During the past years, Tractor Supply Co's highest Cyclically Adjusted PS Ratio was 3.69. The lowest was 1.43. And the median was 2.59.

BSP:T1SC34's Cyclically Adjusted PS Ratio is ranked worse than
85.51% of 697 companies
in the Retail - Cyclical industry
Industry Median: 0.56 vs BSP:T1SC34: 2.29

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.

Tractor Supply Co's adjusted revenue per share data for the three months ended in Mar. 2025 was R$2.077. 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 R$6.59 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tractor Supply Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tractor Supply 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.

Tractor Supply Co Cyclically Adjusted PS Ratio Chart

Tractor Supply Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 3.60 2.84 2.38 2.62

Tractor Supply Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.78 2.78 2.93 2.62 2.63

Competitive Comparison of Tractor Supply Co's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Tractor Supply 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.


Tractor Supply Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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


;
;

Tractor Supply 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.

Tractor Supply Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.08/6.59
=2.29

* 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.

Tractor Supply Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Tractor Supply Co's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.077/134.9266*134.9266
=2.077

Current CPI (Mar. 2025) = 134.9266.

Tractor Supply Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 0.446 100.684 0.598
201509 0.468 100.392 0.629
201512 0.524 99.792 0.708
201603 0.448 100.470 0.602
201606 0.524 101.688 0.695
201609 0.415 101.861 0.550
201612 0.542 101.863 0.718
201703 0.415 102.862 0.544
201706 0.574 103.349 0.749
201709 0.472 104.136 0.612
201712 0.567 104.011 0.736
201803 0.490 105.290 0.628
201806 0.755 106.317 0.958
201809 0.700 106.507 0.887
201812 0.747 105.998 0.951
201903 0.637 107.251 0.801
201906 0.830 108.070 1.036
201909 0.756 108.329 0.942
201912 0.838 108.420 1.043
202003 0.906 108.902 1.123
202006 1.568 108.767 1.945
202009 1.328 109.815 1.632
202012 1.397 109.897 1.715
202103 1.491 111.754 1.800
202106 1.733 114.631 2.040
202109 1.537 115.734 1.792
202112 1.817 117.630 2.084
202203 1.473 121.301 1.638
202206 1.949 125.017 2.103
202209 1.708 125.227 1.840
202212 2.100 125.222 2.263
202303 1.724 127.348 1.827
202306 2.051 128.729 2.150
202309 1.712 129.860 1.779
202312 1.831 129.419 1.909
202403 1.731 131.776 1.772
202406 2.348 132.554 2.390
202409 1.982 133.029 2.010
202412 2.384 133.157 2.416
202503 2.077 134.927 2.077

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.


Tractor Supply Co  (BSP:T1SC34) 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.


Tractor Supply Co Cyclically Adjusted PS Ratio Related Terms

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


Tractor Supply Co Business Description

Address
5401 Virginia Way, Brentwood, TN, USA, 37027
Tractor Supply is the largest operator of retail farm and ranch stores in the United States. The company targets recreational farmers and ranchers and has little exposure to commercial and industrial farm operations. Currently, the company operates 2,311 of its namesake banners in 49 states, along with 206 Petsense by Tractor Supply stores. Stores are generally concentrated in rural communities rather than urban and suburban areas. In fiscal 2024, revenue consisted primarily of livestock, equine & agriculture (26%), companion animal (25%), and seasonal & recreation (23%).

Tractor Supply Co Headlines

No Headlines