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The Cato (The Cato) Cyclically Adjusted PS Ratio : 0.12 (As of Apr. 30, 2024)


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What is The Cato Cyclically Adjusted PS Ratio?

As of today (2024-04-30), The Cato's current share price is $4.90. The Cato's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $41.26. The Cato's Cyclically Adjusted PS Ratio for today is 0.12.

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

CATO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.45   Max: 1.36
Current: 0.12

During the past years, The Cato's highest Cyclically Adjusted PS Ratio was 1.36. The lowest was 0.11. And the median was 0.45.

CATO's Cyclically Adjusted PS Ratio is ranked better than
88.84% of 753 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs CATO: 0.12

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.

The Cato's adjusted revenue per share data for the three months ended in Jan. 2024 was $8.996. 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 $41.26 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Cato Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Cato'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.

The Cato Cyclically Adjusted PS Ratio Chart

The Cato Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.31 0.43 0.24 0.16

The Cato Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.20 0.21 0.17 0.16

Competitive Comparison of The Cato's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, The Cato'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.


The Cato's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



The Cato 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.

The Cato's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.90/41.26
=0.12

* 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.

The Cato's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, The Cato's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=8.996/129.4194*129.4194
=8.996

Current CPI (Jan. 2024) = 129.4194.

The Cato Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 10.048 100.023 13.001
201407 8.993 100.520 11.578
201410 7.894 100.176 10.198
201501 8.767 98.604 11.507
201504 10.371 99.824 13.446
201507 9.151 100.691 11.762
201510 8.237 100.346 10.623
201601 9.174 99.957 11.878
201604 10.595 100.947 13.583
201607 8.781 101.524 11.194
201610 7.826 101.988 9.931
201701 8.400 102.456 10.611
201704 9.315 103.167 11.685
201707 8.220 103.278 10.301
201710 7.754 104.070 9.643
201801 8.811 104.578 10.904
201804 9.846 105.708 12.055
201807 8.658 106.324 10.539
201810 7.977 106.695 9.676
201901 8.076 106.200 9.842
201904 9.696 107.818 11.639
201907 8.936 108.250 10.684
201910 8.064 108.577 9.612
202001 8.068 108.841 9.593
202004 4.387 108.173 5.249
202007 7.341 109.318 8.691
202010 6.650 109.861 7.834
202101 7.195 110.364 8.437
202104 9.916 112.673 11.390
202107 9.722 115.183 10.924
202110 8.189 116.696 9.082
202201 8.568 118.619 9.348
202204 10.260 121.978 10.886
202207 9.841 125.002 10.189
202210 8.860 125.734 9.120
202301 9.119 126.223 9.350
202304 9.949 127.992 10.060
202307 9.429 128.974 9.462
202310 8.148 129.810 8.124
202401 8.996 129.419 8.996

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.


The Cato  (NYSE:CATO) 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.


The Cato Cyclically Adjusted PS Ratio Related Terms

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


The Cato (The Cato) Business Description

Traded in Other Exchanges
Address
8100 Denmark Road, Charlotte, NC, USA, 28273-5975
The Cato Corp operates as a specialty retailer of fashion apparel and accessories primarily in the southeastern United States. Its primary objective is to be the fashion specialty retailer for fashion and value in its markets. The company operates through the following business segments: Retail and Credit. The Retail segment which generates majority revenue offers fashion specialty stores. The Credit segment involves credit card services.
Executives
Bailey W Patrick director
Cato John P D director, officer: CHAIRMAN/PRESIDENT/CEO CATO CORP, PO BOX 34216, CHARLOTTE NC 28234
Audrey Schwarz officer: Vice President, DMM PO BOX 34216, CHARLOTTE NC 28234
Charles D Knight officer: EVP - Chief Financial Officer TOYS R US, INC., ONE GEOFFREY WAY, WAYNE NJ 07470-2030
Hang Matchett officer: SVP-Mdse Plan, Alloc&Ctrl, MIO PO BOX 34216, CHARLOTTE NC 28234
Karen Anne Collins officer: SVP-Tsry,Tax,Fin Pln,Tax,Cr,IR PO BOX 34216, CHARLOTTE NC 28234
Theresa J Drew director ONE NORTH SECOND STREET, HARTSVILLE SC 29550
Daniel Harding Stowe director CATO CORP, PO BOX 34216, CHARLOTTE NC 28234-4216
Abby Shearer officer: SVP, General Merchandise Mgr PO BOX 34216, CHARLOTTE NC 28234
Lewis Pamela S Dr director QUEENS UNIVERSITY OF CHARLOTTE, 1900 SELWYN AVENUE, CHARLOTTE NC 28274
Scott Gurvis officer: SVP,Treasury, Fin Plan, Credit PO BOX 34216, CHARLOTTE NC 28234
Weisiger, Jr Edward I director PO BOX 34216, CHARLOTTE NC 28234
Vickie Smith officer: SVP, MERCH PLNG, ALLOC & CNTL C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Lisa Krows officer: SVP, DESIGN, TREND & COLOR PO BOX 34216, CHARLOTTE NC 28234
Cathy Bailey officer: SVP, GMM (CATO DIV) PO BOX 34216, CHARLOTTE NC 28234

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