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Clarus (FRA:BDO) Cyclically Adjusted PS Ratio : 0.87 (As of May. 21, 2024)


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What is Clarus Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Clarus's current share price is €6.30. Clarus's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €7.21. Clarus's Cyclically Adjusted PS Ratio for today is 0.87.

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

FRA:BDO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.68   Max: 4.52
Current: 0.9

During the past years, Clarus's highest Cyclically Adjusted PS Ratio was 4.52. The lowest was 0.65. And the median was 1.68.

FRA:BDO's Cyclically Adjusted PS Ratio is ranked better than
66.98% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs FRA:BDO: 0.90

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.

Clarus's adjusted revenue per share data for the three months ended in Mar. 2024 was €1.669. 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 €7.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clarus Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Clarus'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.

Clarus Cyclically Adjusted PS Ratio Chart

Clarus 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 2.24 2.47 4.16 1.08 0.91

Clarus Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.28 1.21 0.98 0.91 0.87

Competitive Comparison of Clarus's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Clarus'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.


Clarus's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Clarus's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Clarus 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.

Clarus's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.30/7.21
=0.87

* 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.

Clarus's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.669/131.7762*131.7762
=1.669

Current CPI (Mar. 2024) = 131.7762.

Clarus Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.776 100.560 1.017
201409 1.045 100.428 1.371
201412 1.135 99.070 1.510
201503 1.178 99.621 1.558
201506 0.815 100.684 1.067
201509 1.062 100.392 1.394
201512 1.251 99.792 1.652
201603 1.105 100.470 1.449
201606 0.843 101.688 1.092
201609 1.164 101.861 1.506
201612 1.302 101.863 1.684
201703 1.289 102.862 1.651
201706 0.906 103.349 1.155
201709 1.274 104.136 1.612
201712 1.475 104.011 1.869
201803 1.426 105.290 1.785
201806 1.302 106.317 1.614
201809 1.575 106.507 1.949
201812 1.672 105.998 2.079
201903 1.759 107.251 2.161
201906 1.388 108.070 1.692
201909 1.759 108.329 2.140
201912 1.773 108.420 2.155
202003 1.566 108.902 1.895
202006 0.894 108.767 1.083
202009 1.767 109.815 2.120
202012 1.767 109.897 2.119
202103 1.932 111.754 2.278
202106 1.833 114.631 2.107
202109 2.561 115.734 2.916
202112 0.182 117.630 0.204
202203 2.584 121.301 2.807
202206 2.739 125.017 2.887
202209 2.953 125.227 3.107
202212 -0.731 125.222 -0.769
202303 1.768 127.348 1.829
202306 2.078 128.729 2.127
202309 2.503 129.860 2.540
202312 0.116 129.419 0.118
202403 1.669 131.776 1.669

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.


Clarus  (FRA:BDO) 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.


Clarus Cyclically Adjusted PS Ratio Related Terms

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


Clarus (FRA:BDO) Business Description

Traded in Other Exchanges
Address
2084 East 3900 South, Salt Lake City, UT, USA, 84124
Clarus Corp is a designer, developer, manufacturer, and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport, and skincare markets. The company operates through the Outdoor segment which includes Black Diamond Equipment, PIEPS, and SKINourishment. Precision Sports segment, formerly known as Sierra segment, which includes Sierra and Barnes, includes two iconic American manufacturers of a wide range of high-performance bullets and ammunition for both rifles and pistols. The adventure segment includes Rhino-Rack and MAXTRAX. It derives the majority of its revenue from the Outdoor segment.

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