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Hibbett (FRA:HB6) Cyclically Adjusted PS Ratio : 0.98 (As of May. 20, 2024)


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What is Hibbett Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Hibbett's current share price is €79.00. Hibbett's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €80.34. Hibbett's Cyclically Adjusted PS Ratio for today is 0.98.

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

FRA:HB6' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.94   Max: 3.07
Current: 1.02

During the past years, Hibbett's highest Cyclically Adjusted PS Ratio was 3.07. The lowest was 0.23. And the median was 0.94.

FRA:HB6's Cyclically Adjusted PS Ratio is ranked worse than
69.78% of 761 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs FRA:HB6: 1.02

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.

Hibbett's adjusted revenue per share data for the three months ended in Jan. 2024 was €35.132. 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 €80.34 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hibbett Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Hibbett'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.

Hibbett Cyclically Adjusted PS Ratio Chart

Hibbett 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 0.58 1.15 1.02 0.91 0.78

Hibbett 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 0.91 0.71 0.59 0.56 0.78

Competitive Comparison of Hibbett's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Hibbett'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.


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

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

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



Hibbett 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=79.00/80.34
=0.98

* 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.

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

For example, Hibbett'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)
=35.132/130.1244*130.1244
=35.132

Current CPI (Jan. 2024) = 130.1244.

Hibbett Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 7.257 100.023 9.441
201407 5.553 100.520 7.188
201410 6.799 100.176 8.832
201501 8.175 98.604 10.788
201504 9.945 99.824 12.964
201507 7.330 100.691 9.473
201510 8.555 100.346 11.094
201601 9.857 99.957 12.832
201604 10.830 100.947 13.960
201607 8.345 101.524 10.696
201610 9.700 101.988 12.376
201701 10.487 102.456 13.319
201704 11.983 103.167 15.114
201707 7.842 103.278 9.880
201710 9.928 104.070 12.414
201801 11.461 104.578 14.261
201804 11.695 105.708 14.396
201807 9.601 106.324 11.750
201810 10.104 106.695 12.323
201901 14.510 106.200 17.779
201904 16.484 107.818 19.894
201907 12.575 108.250 15.116
201910 13.979 108.577 16.753
202001 16.049 108.841 19.187
202004 15.004 108.173 18.049
202007 22.624 109.318 26.930
202010 16.398 109.861 19.423
202101 17.737 110.364 20.913
202104 24.976 112.673 28.844
202107 21.754 115.183 24.576
202110 21.973 116.696 24.502
202201 24.065 118.619 26.399
202204 28.847 121.978 30.774
202207 29.117 125.002 30.310
202210 33.303 125.734 34.466
202301 32.254 126.223 33.251
202304 31.684 127.992 32.212
202307 26.430 128.974 26.666
202310 32.965 129.810 33.045
202401 35.132 130.124 35.132

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.


Hibbett  (FRA:HB6) 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.


Hibbett Cyclically Adjusted PS Ratio Related Terms

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


Hibbett (FRA:HB6) Business Description

Traded in Other Exchanges
Address
2700 Milan Court, Birmingham, AL, USA, 35211
Hibbett Inc is engaged in the retail of sports goods. The company operates small to midsize stores and focuses its business on the South, Southwest, mid-Atlantic, and Midwest areas of the country. It offers a broad range of sporting goods, including apparel, footwear, accessories, and equipment needed for team sports, with brands such as Nike, Under Armour, Adidas, The North Face, Jordan, Costa, and others. The company consists of three kinds of stores: Hibbett Sports, the company's primary retail format stores, accounting for most of the company's total stores, City Gear, and Sports Additions, smaller-format stores primarily offering athletic footwear with a fashion-based style.

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