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Marriott Vacations Worldwide (FRA:M8V) Cyclically Adjusted PS Ratio : 1.05 (As of May. 20, 2024)


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What is Marriott Vacations Worldwide Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Marriott Vacations Worldwide's current share price is €91.50. Marriott Vacations Worldwide's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €87.00. Marriott Vacations Worldwide's Cyclically Adjusted PS Ratio for today is 1.05.

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

FRA:M8V' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.74   Max: 2.75
Current: 1.01

During the past years, Marriott Vacations Worldwide's highest Cyclically Adjusted PS Ratio was 2.75. The lowest was 0.82. And the median was 1.74.

FRA:M8V's Cyclically Adjusted PS Ratio is ranked better than
63.54% of 639 companies
in the Travel & Leisure industry
Industry Median: 1.49 vs FRA:M8V: 1.01

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.

Marriott Vacations Worldwide's adjusted revenue per share data for the three months ended in Mar. 2024 was €26.052. 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 €87.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marriott Vacations Worldwide Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marriott Vacations Worldwide'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.

Marriott Vacations Worldwide Cyclically Adjusted PS Ratio Chart

Marriott Vacations Worldwide 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 - 2.01 2.21 1.57 0.90

Marriott Vacations Worldwide 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 1.52 1.35 1.08 0.90 1.11

Competitive Comparison of Marriott Vacations Worldwide's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Marriott Vacations Worldwide'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.


Marriott Vacations Worldwide's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Marriott Vacations Worldwide 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.

Marriott Vacations Worldwide's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=91.50/87
=1.05

* 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.

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

For example, Marriott Vacations Worldwide'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)
=26.052/131.7762*131.7762
=26.052

Current CPI (Mar. 2024) = 131.7762.

Marriott Vacations Worldwide Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201308 8.431 98.675 11.259
201312 10.481 98.326 14.047
201403 8.099 99.695 10.705
201406 8.561 100.560 11.219
201412 0.000 99.070 0.000
201503 12.733 99.621 16.843
201506 11.586 100.684 15.164
201512 0.000 99.792 0.000
201603 12.700 100.470 16.657
201606 13.062 101.688 16.927
201612 0.000 101.863 0.000
201703 17.705 102.862 22.682
201706 17.900 103.349 22.824
201709 16.053 104.136 20.314
201712 17.524 104.011 22.202
201803 16.963 105.290 21.230
201806 18.656 106.317 23.124
201809 19.596 106.507 24.245
201812 19.345 105.998 24.050
201903 19.850 107.251 24.389
201906 20.422 108.070 24.902
201909 22.302 108.329 27.129
201912 23.522 108.420 28.589
202003 22.025 108.902 26.651
202006 10.346 108.767 12.535
202009 13.374 109.815 16.049
202012 14.868 109.897 17.828
202103 15.400 111.754 18.159
202106 18.552 114.631 21.327
202109 20.462 115.734 23.298
202112 21.163 117.630 23.708
202203 19.942 121.301 21.664
202206 23.681 125.017 24.961
202209 29.136 125.227 30.660
202212 26.020 125.222 27.382
202303 24.591 127.348 25.446
202306 24.824 128.729 25.412
202309 25.665 129.860 26.044
202312 25.702 129.419 26.170
202403 26.052 131.776 26.052

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.


Marriott Vacations Worldwide  (FRA:M8V) 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.


Marriott Vacations Worldwide Cyclically Adjusted PS Ratio Related Terms

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


Marriott Vacations Worldwide (FRA:M8V) Business Description

Traded in Other Exchanges
Address
9002 San Marco Court, Orlando, FL, USA, 32819
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's major revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.

Marriott Vacations Worldwide (FRA:M8V) Headlines

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