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Gildan Activewear (FRA:VGA) Cyclically Adjusted PS Ratio : 2.46 (As of May. 27, 2024)


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What is Gildan Activewear Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Gildan Activewear's current share price is €33.20. Gildan Activewear's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.52. Gildan Activewear's Cyclically Adjusted PS Ratio for today is 2.46.

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

FRA:VGA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 3.76   Max: 6.07
Current: 2.59

During the past years, Gildan Activewear's highest Cyclically Adjusted PS Ratio was 6.07. The lowest was 1.14. And the median was 3.76.

FRA:VGA's Cyclically Adjusted PS Ratio is ranked worse than
85.53% of 857 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.64 vs FRA:VGA: 2.59

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.

Gildan Activewear's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.791. 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 €13.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gildan Activewear Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gildan Activewear'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.

Gildan Activewear Cyclically Adjusted PS Ratio Chart

Gildan Activewear Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 2.61 3.49 2.11 2.25

Gildan Activewear 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 2.48 2.29 1.99 2.25 2.53

Competitive Comparison of Gildan Activewear's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


Gildan Activewear's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Gildan Activewear 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.

Gildan Activewear's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=33.20/13.52
=2.46

* 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.

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

For example, Gildan Activewear'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)
=3.791/126.2576*126.2576
=3.791

Current CPI (Mar. 2024) = 126.2576.

Gildan Activewear Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.072 99.473 2.630
201409 2.096 99.394 2.662
201412 1.299 98.367 1.667
201503 2.414 99.789 3.054
201506 2.610 100.500 3.279
201509 2.462 100.421 3.095
201512 2.040 99.947 2.577
201603 2.189 101.054 2.735
201606 2.595 102.002 3.212
201609 2.738 101.765 3.397
201612 2.404 101.449 2.992
201703 2.705 102.634 3.328
201706 2.825 103.029 3.462
201709 2.690 103.345 3.286
201712 2.518 103.345 3.076
201803 2.399 105.004 2.885
201806 3.075 105.557 3.678
201809 3.106 105.636 3.712
201812 3.152 105.399 3.776
201903 2.667 106.979 3.148
201906 3.452 107.690 4.047
201909 3.288 107.611 3.858
201912 2.941 107.769 3.446
202003 2.092 107.927 2.447
202006 1.029 108.401 1.198
202009 2.579 108.164 3.010
202012 2.860 108.559 3.326
202103 2.494 110.298 2.855
202106 3.115 111.720 3.520
202109 3.440 112.905 3.847
202112 3.581 113.774 3.974
202203 3.716 117.646 3.988
202206 4.558 120.806 4.764
202209 4.711 120.648 4.930
202212 3.780 120.964 3.945
202303 3.656 122.702 3.762
202306 4.360 124.203 4.432
202309 4.648 125.230 4.686
202312 4.178 125.072 4.218
202403 3.791 126.258 3.791

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.


Gildan Activewear  (FRA:VGA) 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.


Gildan Activewear Cyclically Adjusted PS Ratio Related Terms

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


Gildan Activewear (FRA:VGA) Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.

Gildan Activewear (FRA:VGA) Headlines

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