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Puma SE (FRA:PUMA) Cyclically Adjusted PS Ratio : 1.19 (As of May. 27, 2024)


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What is Puma SE Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Puma SE's current share price is €4.60. Puma SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was €3.86. Puma SE's Cyclically Adjusted PS Ratio for today is 1.19.

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

FRA:PUMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.94   Med: 1.98   Max: 3.88
Current: 1.17

During the past years, Puma SE's highest Cyclically Adjusted PS Ratio was 3.88. The lowest was 0.94. And the median was 1.98.

FRA:PUMA's Cyclically Adjusted PS Ratio is ranked worse than
67.13% of 858 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.65 vs FRA:PUMA: 1.17

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.

Puma SE's adjusted revenue per share data for the three months ended in Dec. 2023 was €1.321. 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 €3.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Puma SE Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Puma SE'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.

Puma SE Cyclically Adjusted PS Ratio Chart

Puma SE 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 2.68 3.43 3.53 1.57 1.24

Puma SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.57 1.51 1.42 1.47 1.24

Competitive Comparison of Puma SE's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Puma SE'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.


Puma SE's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Puma SE's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Puma SE 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.

Puma SE's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.60/3.86
=1.19

* 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.

Puma SE's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.321/123.7729*123.7729
=1.321

Current CPI (Dec. 2023) = 123.7729.

Puma SE Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.486 99.543 0.604
201406 0.435 99.543 0.541
201409 0.563 99.823 0.698
201412 0.502 99.543 0.624
201503 0.550 99.717 0.683
201506 0.515 100.417 0.635
201509 0.613 100.417 0.756
201512 0.588 99.717 0.730
201603 0.570 100.017 0.705
201606 0.568 100.717 0.698
201609 0.662 101.017 0.811
201612 0.641 101.217 0.784
201703 0.673 101.417 0.821
201706 0.646 102.117 0.783
201709 0.751 102.717 0.905
201712 0.696 102.617 0.839
201803 0.757 102.917 0.910
201806 0.702 104.017 0.835
201809 0.833 104.718 0.985
201812 0.820 104.217 0.974
201903 0.882 104.217 1.047
201906 0.815 105.718 0.954
201909 0.985 106.018 1.150
201912 0.989 105.818 1.157
202003 0.869 105.718 1.017
202006 0.556 106.618 0.645
202009 1.059 105.818 1.239
202012 1.016 105.518 1.192
202103 1.035 107.518 1.191
202106 1.062 108.486 1.212
202109 1.269 109.435 1.435
202112 1.181 110.384 1.324
202203 1.278 113.968 1.388
202206 1.330 115.760 1.422
202209 1.576 118.818 1.642
202212 1.467 119.345 1.521
202303 1.460 122.402 1.476
202306 1.427 123.140 1.434
202309 1.544 124.195 1.539
202312 1.321 123.773 1.321

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.


Puma SE  (FRA:PUMA) 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.


Puma SE Cyclically Adjusted PS Ratio Related Terms

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


Puma SE (FRA:PUMA) Business Description

Address
Puma Way 1, Herzogenaurach, BY, DEU, 91074
Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (51% of 2022 sales) is its largest category, followed by apparel (34%) and accessories (15%). Puma also licenses its name for fragrances, eyewear, and watches. Most (77% in 2022) of its sales are through wholesale partners, with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (36.8% of 2022 sales), the Americas (43.5%), and Asia-Pacific (19.7%).

Puma SE (FRA:PUMA) Headlines

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