GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Carriage Services Inc (NYSE:CSV) » Definitions » Cyclically Adjusted PS Ratio

CSV (Carriage Services) Cyclically Adjusted PS Ratio : 1.86 (As of Dec. 13, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Carriage Services Cyclically Adjusted PS Ratio?

As of today (2024-12-13), Carriage Services's current share price is $39.68. Carriage Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was $21.32. Carriage Services's Cyclically Adjusted PS Ratio for today is 1.86.

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

CSV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.97   Max: 3.98
Current: 1.87

During the past years, Carriage Services's highest Cyclically Adjusted PS Ratio was 3.98. The lowest was 1.01. And the median was 1.97.

CSV's Cyclically Adjusted PS Ratio is ranked worse than
67.31% of 52 companies
in the Personal Services industry
Industry Median: 0.875 vs CSV: 1.87

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.

Carriage Services's adjusted revenue per share data for the three months ended in Sep. 2024 was $6.500. 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 $21.32 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carriage Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carriage Services'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.

Carriage Services Cyclically Adjusted PS Ratio Chart

Carriage Services 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 1.89 2.18 3.96 1.51 1.25

Carriage Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.43 1.25 1.31 1.28 1.54

Competitive Comparison of Carriage Services's Cyclically Adjusted PS Ratio

For the Personal Services subindustry, Carriage Services'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.


Carriage Services's Cyclically Adjusted PS Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Carriage Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Carriage Services 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.

Carriage Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.68/21.32
=1.86

* 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.

Carriage Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Carriage Services's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=6.5/133.0289*133.0289
=6.500

Current CPI (Sep. 2024) = 133.0289.

Carriage Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 3.237 99.070 4.347
201503 3.364 99.621 4.492
201506 3.139 100.684 4.147
201509 3.228 100.392 4.277
201512 3.523 99.792 4.696
201603 3.804 100.470 5.037
201606 3.623 101.688 4.740
201609 3.517 101.861 4.593
201612 3.317 101.863 4.332
201703 3.769 102.862 4.874
201706 3.529 103.349 4.542
201709 3.469 104.136 4.432
201712 3.784 104.011 4.840
201803 4.146 105.290 5.238
201806 3.499 106.317 4.378
201809 3.353 106.507 4.188
201812 3.542 105.998 4.445
201903 3.817 107.251 4.734
201906 3.767 108.070 4.637
201909 3.722 108.329 4.571
201912 3.916 108.420 4.805
202003 4.352 108.902 5.316
202006 4.331 108.767 5.297
202009 4.706 109.815 5.701
202012 4.836 109.897 5.854
202103 5.310 111.754 6.321
202106 4.769 114.631 5.534
202109 5.209 115.734 5.987
202112 5.339 117.630 6.038
202203 5.997 121.301 6.577
202206 5.766 125.017 6.136
202209 5.632 125.227 5.983
202212 6.141 125.222 6.524
202303 6.175 127.348 6.450
202306 6.321 128.729 6.532
202309 5.833 129.860 5.975
202312 6.426 129.419 6.605
202403 6.760 131.776 6.824
202406 6.643 132.554 6.667
202409 6.500 133.029 6.500

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.


Carriage Services  (NYSE:CSV) 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.


Carriage Services Cyclically Adjusted PS Ratio Related Terms

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


Carriage Services Business Description

Traded in Other Exchanges
Address
3040 Post Oak Boulevard, Suite 300, Houston, TX, USA, 77056
Carriage Services Inc is a provider of funeral and cemetery services and merchandise in the United States. It operates in two business segments: The Funeral Home Operations segment offers burial, cremation, and consultation services; removes and prepares remains; sells caskets, urns, and related funeral merchandise; and enables the use of funeral home facilities for visitation, remembrance, and transportation services. The Cemetery Operations segment provides services, such as mausoleum crypts, private estates, lawn crypt gardens, traditional single burial gravesites, and burial vaults. The majority of revenue is derived from The Funeral Home Operations segment.
Executives
Shawn R Phillips other: Regional Partner 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Paul Donald Elliott other: Regional Partner 5219 LAURELWOOD, KINGWOOD TX 77345
Charles Fargason director 11510 QUAIL HOLLOW LANE, HOUSTON TX 77024
Carlos R. Quezada officer: VP of Cemetery Sales/Marketing 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Shane Pudenz officer: VP of Sales and Marketing 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 200, HOUSTON TX 77056
Lance Kian Granmayeh officer: EVP, CFO and Treasurer 1201 LOUISIANA STREET, SUITE 3100, HOUSTON TX 77002
Rob Paul Franch officer: Chief Information Officer 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 200, HOUSTON TX 77056
Robbie Pape other: Sr. VP & Regional Partner 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Peggy Schappaugh officer: VP of Operations & Acquistions 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Steven D Metzger other: Senior VP and General Counsel 6332 SCHILLER STREET, HOUSTON TX 77055
Adeola Olaniyan other: Principal Accounting Officer 3040 POST OAK BLVD., SUITE 300, HOUSTON TX 77056
Melvin C Payne director, officer: CEO 3040 POST OAK BLVD, SUITE 300, HOUSTON TX 77056
Julie Sanders director 3040 POST OAK BLVD., CARRIAGE SERVICES, SUITE 300, HOUSTON TX 77056
Somer Webb director C/O SOLO BRANDS, INC., 1001 MUSTANG DRIVE, GRAPEVILLE TX 76051
Patteson Donald Douglas Jr director 1111 BAGBY, SUITE 1600, HOUSTON TX 77002