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Express, (FRA:02Z0) Cyclically Adjusted PS Ratio : 0.01 (As of May. 22, 2024)


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What is Express, Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Express,'s current share price is €8.46. Express,'s Cyclically Adjusted Revenue per Share for the quarter that ended in Oct. 2023 was €609.31. Express,'s Cyclically Adjusted PS Ratio for today is 0.01.

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

During the past years, Express,'s highest Cyclically Adjusted PS Ratio was 0.40. The lowest was 0.01. And the median was 0.10.

FRA:02Z0's Cyclically Adjusted PS Ratio is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.48
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Express,'s adjusted revenue per share data for the three months ended in Oct. 2023 was €114.789. 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 €609.31 for the trailing ten years ended in Oct. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Express, Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Express,'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.

Express, Cyclically Adjusted PS Ratio Chart

Express, Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.14 0.21 0.10 0.04

Express, Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.04 0.04 0.03 0.02 0.01

Competitive Comparison of Express,'s Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Express,'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.


Express,'s Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Express, 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.

Express,'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=8.46/609.31
=0.01

* 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.

Express,'s Cyclically Adjusted Revenue per Share for the quarter that ended in Oct. 2023 is calculated as:

For example, Express,'s adjusted Revenue per Share data for the three months ended in Oct. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=114.789/129.8097*129.8097
=114.789

Current CPI (Oct. 2023) = 129.8097.

Express, Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201401 124.221 98.692 163.389
201404 79.013 100.023 102.543
201407 84.266 100.520 108.819
201410 92.816 100.176 120.273
201501 147.490 98.604 194.168
201504 109.249 99.824 142.066
201507 114.283 100.691 147.333
201510 114.813 100.346 148.524
201601 169.204 99.957 219.737
201604 110.877 100.947 142.579
201607 115.737 101.524 147.983
201610 116.929 101.988 148.827
201701 164.900 102.456 208.924
201704 112.805 103.167 141.936
201707 105.917 103.278 133.127
201710 108.596 104.070 135.455
201801 144.446 104.578 179.297
201804 102.646 105.708 126.050
201807 113.156 106.324 138.151
201810 121.942 106.695 148.360
201901 160.309 106.200 195.948
201904 120.177 107.818 144.689
201907 125.383 108.250 150.355
201910 132.929 108.577 158.924
202001 170.831 108.841 203.743
202004 60.416 108.173 72.500
202007 66.139 109.318 78.537
202010 84.413 109.861 99.741
202101 108.776 110.364 127.942
202104 88.667 112.673 102.153
202107 111.315 115.183 125.451
202110 116.475 116.696 129.564
202201 156.850 118.619 171.647
202204 124.197 121.978 132.171
202207 132.969 125.002 138.083
202210 129.074 125.734 133.258
202301 131.488 126.223 135.224
202304 94.621 127.992 95.965
202307 105.312 128.974 105.994
202310 114.789 129.810 114.789

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.


Express,  (FRA:02Z0) 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.


Express, Cyclically Adjusted PS Ratio Related Terms

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


Express, (FRA:02Z0) Business Description

Traded in Other Exchanges
Address
1 Express Drive, Columbus, OH, USA, 43230
Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel.

Express, (FRA:02Z0) Headlines

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