GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tuesday Morning Corp. (FRA:TDM) » Definitions » Cyclically Adjusted PS Ratio

Tuesday Morning (FRA:TDM) Cyclically Adjusted PS Ratio : (As of Jun. 03, 2024)


View and export this data going back to . Start your Free Trial

What is Tuesday Morning Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tuesday Morning Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Tuesday Morning'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.

Tuesday Morning Cyclically Adjusted PS Ratio Chart

Tuesday Morning Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tuesday Morning Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 - - - - -

Competitive Comparison of Tuesday Morning's Cyclically Adjusted PS Ratio

For the Discount Stores subindustry, Tuesday Morning'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.


Tuesday Morning's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

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

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



Tuesday Morning 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.

Tuesday Morning's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, Tuesday Morning's adjusted Revenue per Share data for the three months ended in Sep. 2020 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=3.017/109.8149*109.8149
=3.017

Current CPI (Sep. 2020) = 109.8149.

Tuesday Morning Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201012 4.912 92.474 5.833
201103 2.913 94.283 3.393
201106 3.122 95.235 3.600
201109 2.905 95.727 3.333
201112 4.863 95.213 5.609
201203 3.141 96.783 3.564
201206 3.723 96.819 4.223
201209 3.211 97.633 3.612
201212 5.139 96.871 5.826
201303 3.240 98.209 3.623
201306 3.605 98.518 4.018
201309 3.224 98.790 3.584
201312 4.827 98.326 5.391
201403 3.068 99.695 3.379
201406 3.624 100.560 3.958
201409 3.622 100.428 3.961
201412 5.584 99.070 6.190
201503 4.025 99.621 4.437
201506 4.331 100.684 4.724
201509 4.131 100.392 4.519
201512 6.721 99.792 7.396
201603 4.341 100.470 4.745
201606 4.526 101.688 4.888
201609 4.308 101.861 4.644
201612 7.079 101.863 7.632
201703 4.314 102.862 4.606
201706 4.521 103.349 4.804
201709 4.163 104.136 4.390
201712 6.373 104.011 6.729
201803 4.082 105.290 4.257
201806 4.441 106.317 4.587
201809 4.379 106.507 4.515
201812 6.649 105.998 6.888
201903 4.167 107.251 4.267
201906 4.549 108.070 4.622
201909 4.533 108.329 4.595
201912 6.457 108.420 6.540
202003 3.309 108.902 3.337
202006 3.140 108.767 3.170
202009 3.017 109.815 3.017

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.


Tuesday Morning  (FRA:TDM) 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.


Tuesday Morning Cyclically Adjusted PS Ratio Related Terms

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


Tuesday Morning (FRA:TDM) Business Description

Traded in Other Exchanges
N/A
Address
6250 LBJ Freeway, Dallas, TX, USA, 75240
Tuesday Morning Corp is a U.S.-based company that is principally engaged in operating discount retail stores. The company offers a broad range of merchandise, including decorative home accessories, furniture, housewares, crafts, goods related to pets, and seasonal goods. The company offers goods under a number of brands, such as Peacock Alley, Sferra, Lenox, Waterford, and Hartmann. The company also provides gift cards and issues merchandise credits. The company conducts business throughout the United States, with Texas, Florida, and California the top states by a number of stores.

Tuesday Morning (FRA:TDM) Headlines

No Headlines