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Vipshop Holdings (BSP:V1IP34) Cyclically Adjusted PS Ratio : 0.89 (As of May. 02, 2024)


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What is Vipshop Holdings Cyclically Adjusted PS Ratio?

As of today (2024-05-02), Vipshop Holdings's current share price is R$39.50. Vipshop Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$44.49. Vipshop Holdings's Cyclically Adjusted PS Ratio for today is 0.89.

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

BSP:V1IP34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.86   Max: 3.83
Current: 0.77

During the past years, Vipshop Holdings's highest Cyclically Adjusted PS Ratio was 3.83. The lowest was 0.42. And the median was 0.86.

BSP:V1IP34's Cyclically Adjusted PS Ratio is ranked worse than
61.59% of 755 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BSP:V1IP34: 0.77

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 R$215.423. 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$44.49 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
=39.50/44.49
=0.89

* 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)
=215.423/114.6694*114.6694
=215.423

Current CPI (Dec. 2023) = 114.6694.

Vipshop Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 13.612 98.600 15.830
201406 15.262 98.200 17.822
201409 17.000 98.900 19.711
201412 29.226 99.000 33.852
201503 36.279 99.900 41.643
201506 37.623 99.500 43.359
201509 44.342 100.500 50.594
201512 69.098 100.600 78.762
201603 55.685 102.200 62.479
201606 56.060 101.400 63.396
201609 49.304 102.400 55.212
201612 67.790 102.600 75.765
201703 57.866 103.200 64.297
201706 67.376 103.100 74.937
201709 58.169 104.100 64.075
201712 95.411 104.500 104.696
201803 73.412 105.300 79.944
201806 86.236 104.900 94.267
201809 79.931 106.600 85.982
201812 100.881 106.500 108.619
201903 87.579 107.700 93.246
201906 94.419 107.700 100.529
201909 84.095 109.800 87.824
201912 126.786 111.200 130.742
202003 95.535 112.300 97.551
202006 128.638 110.400 133.613
202009 133.020 111.700 136.556
202012 201.406 111.500 207.131
202103 173.280 112.662 176.368
202106 165.211 111.769 169.498
202109 148.953 112.215 152.210
202112 222.698 113.108 225.773
202203 145.535 114.335 145.961
202206 142.363 114.558 142.502
202209 129.441 115.339 128.690
202212 195.948 115.116 195.188
202303 176.969 115.116 176.283
202306 168.981 114.558 169.146
202309 139.530 115.339 138.720
202312 215.423 114.669 215.423

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  (BSP:V1IP34) 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 (BSP:V1IP34) Business Description

Traded in Other Exchanges
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.

Vipshop Holdings (BSP:V1IP34) Headlines

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