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Taylor Morrison Home (FRA:THM) Cyclically Adjusted PS Ratio : 1.15 (As of May. 21, 2024)


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What is Taylor Morrison Home Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Taylor Morrison Home's current share price is €55.00. Taylor Morrison Home's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €47.67. Taylor Morrison Home's Cyclically Adjusted PS Ratio for today is 1.15.

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

FRA:THM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.87   Max: 1.24
Current: 1.15

During the past years, Taylor Morrison Home's highest Cyclically Adjusted PS Ratio was 1.24. The lowest was 0.56. And the median was 0.87.

FRA:THM's Cyclically Adjusted PS Ratio is ranked worse than
61.04% of 77 companies
in the Homebuilding & Construction industry
Industry Median: 0.86 vs FRA:THM: 1.15

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.

Taylor Morrison Home's adjusted revenue per share data for the three months ended in Mar. 2024 was €14.404. 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 €47.67 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taylor Morrison Home Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Taylor Morrison Home'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.

Taylor Morrison Home Cyclically Adjusted PS Ratio Chart

Taylor Morrison Home 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 - - 1.01 0.69 1.07

Taylor Morrison Home 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 0.84 1.03 0.87 1.07 1.20

Competitive Comparison of Taylor Morrison Home's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, Taylor Morrison Home'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.


Taylor Morrison Home's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Taylor Morrison Home's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Taylor Morrison Home 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.

Taylor Morrison Home's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=55.00/47.67
=1.15

* 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.

Taylor Morrison Home's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Taylor Morrison Home'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)
=14.404/131.7762*131.7762
=14.404

Current CPI (Mar. 2024) = 131.7762.

Taylor Morrison Home Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.591 100.560 4.706
201409 3.991 100.428 5.237
201412 6.714 99.070 8.931
201503 3.847 99.621 5.089
201506 5.102 100.684 6.678
201509 5.794 100.392 7.605
201512 7.282 99.792 9.616
201603 4.779 100.470 6.268
201606 6.281 101.688 8.139
201609 6.331 101.861 8.190
201612 9.400 101.863 12.160
201703 5.969 102.862 7.647
201706 6.679 103.349 8.516
201709 6.287 104.136 7.956
201712 9.100 104.011 11.529
201803 5.316 105.290 6.653
201806 7.398 106.317 9.170
201809 7.829 106.507 9.686
201812 11.509 105.998 14.308
201903 7.332 107.251 9.009
201906 10.444 108.070 12.735
201909 9.391 108.329 11.424
201912 12.293 108.420 14.941
202003 9.990 108.902 12.088
202006 10.399 108.767 12.599
202009 10.978 109.815 13.173
202012 9.667 109.897 11.592
202103 9.074 111.754 10.700
202106 10.955 114.631 12.593
202109 12.562 115.734 14.303
202112 17.746 117.630 19.880
202203 12.608 121.301 13.697
202206 15.869 125.017 16.727
202209 18.061 125.227 19.006
202212 21.471 125.222 22.595
202303 14.104 127.348 14.594
202306 17.157 128.729 17.563
202309 14.192 129.860 14.401
202312 16.997 129.419 17.307
202403 14.404 131.776 14.404

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.


Taylor Morrison Home  (FRA:THM) 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.


Taylor Morrison Home Cyclically Adjusted PS Ratio Related Terms

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


Taylor Morrison Home (FRA:THM) Business Description

Traded in Other Exchanges
Address
4900 N. Scottsdale Road, Suite 2000, Scottsdale, AZ, USA, 85251
Taylor Morrison Home is an American residential construction company that builds single-family homes and communities throughout California, Arizona, Texas, Illinois, Colorado, Florida, Georgia, and North Carolina. Taylor Morrison also reports via a mortgage operations segment that provides financing services for its homebuyers. It constructs various types of single-family homes, from entry-level to luxury move-up homes, as well as active adult communities. The majority of the company's revenue is derived from its construction projects, with the West and central operating regions leading the way.