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Boston Pizza Royaltiesome Fund (FRA:J8M) Cyclically Adjusted PS Ratio : 7.41 (As of Jun. 14, 2024)


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What is Boston Pizza Royaltiesome Fund Cyclically Adjusted PS Ratio?

As of today (2024-06-14), Boston Pizza Royaltiesome Fund's current share price is €10.378. Boston Pizza Royaltiesome Fund's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €1.40. Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio for today is 7.41.

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

FRA:J8M' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.99   Med: 7.94   Max: 10.16
Current: 7.81

During the past years, Boston Pizza Royaltiesome Fund's highest Cyclically Adjusted PS Ratio was 10.16. The lowest was 2.99. And the median was 7.94.

FRA:J8M's Cyclically Adjusted PS Ratio is ranked worse than
96.34% of 246 companies
in the Restaurants industry
Industry Median: 0.78 vs FRA:J8M: 7.81

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.

Boston Pizza Royaltiesome Fund's adjusted revenue per share data for the three months ended in Mar. 2024 was €0.327. 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 €1.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boston Pizza Royaltiesome Fund Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Boston Pizza Royaltiesome Fund'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.

Boston Pizza Royaltiesome Fund Cyclically Adjusted PS Ratio Chart

Boston Pizza Royaltiesome Fund 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 7.04 5.78 8.08 7.51 7.46

Boston Pizza Royaltiesome Fund 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 7.40 8.09 7.35 7.46 7.60

Competitive Comparison of Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Boston Pizza Royaltiesome Fund'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.


Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio falls into.



Boston Pizza Royaltiesome Fund 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.

Boston Pizza Royaltiesome Fund's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10.378/1.4
=7.41

* 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.

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

For example, Boston Pizza Royaltiesome Fund'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)
=0.327/126.2576*126.2576
=0.327

Current CPI (Mar. 2024) = 126.2576.

Boston Pizza Royaltiesome Fund Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.302 99.473 0.383
201409 0.323 99.394 0.410
201412 0.319 98.367 0.409
201503 0.319 99.789 0.404
201506 0.364 100.500 0.457
201509 0.322 100.421 0.405
201512 0.339 99.947 0.428
201603 0.299 101.054 0.374
201606 0.324 102.002 0.401
201609 0.326 101.765 0.404
201612 0.378 101.449 0.470
201703 0.305 102.634 0.375
201706 0.307 103.029 0.376
201709 0.329 103.345 0.402
201712 0.302 103.345 0.369
201803 0.275 105.004 0.331
201806 0.302 105.557 0.361
201809 0.317 105.636 0.379
201812 0.298 105.399 0.357
201903 0.290 106.979 0.342
201906 0.307 107.690 0.360
201909 0.320 107.611 0.375
201912 0.307 107.769 0.360
202003 0.240 107.927 0.281
202006 0.151 108.401 0.176
202009 0.256 108.164 0.299
202012 0.202 108.559 0.235
202103 0.185 110.298 0.212
202106 0.197 111.720 0.223
202109 0.307 112.905 0.343
202112 0.272 113.774 0.302
202203 0.275 117.646 0.295
202206 0.348 120.806 0.364
202209 0.373 120.648 0.390
202212 0.339 120.964 0.354
202303 0.328 122.702 0.338
202306 0.348 124.203 0.354
202309 0.359 125.230 0.362
202312 0.337 125.072 0.340
202403 0.327 126.258 0.327

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.


Boston Pizza Royaltiesome Fund  (FRA:J8M) 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.


Boston Pizza Royaltiesome Fund Cyclically Adjusted PS Ratio Related Terms

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


Boston Pizza Royaltiesome Fund (FRA:J8M) Business Description

Traded in Other Exchanges
Address
13571 Commerce Parkway, Suite 201, Richmond, BC, CAN, V6V 2R2
Boston Pizza Royalties Income Fund is a limited-purpose open-ended trust. It is engaged in the operation and franchising of Boston Pizza restaurants in Canada. The Trust distributes all available cash from operations to the Trust unitholders to the maximum extent possible. The company receives revenue in the form of royalty income.

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