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Mr Price Group (JSE:MRP) Cyclically Adjusted PS Ratio : 1.66 (As of Apr. 30, 2024)


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What is Mr Price Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Mr Price Group's current share price is R170.00. Mr Price Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was R102.45. Mr Price Group's Cyclically Adjusted PS Ratio for today is 1.66.

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

JSE:MRP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.25   Med: 2.75   Max: 6.09
Current: 1.65

During the past 13 years, Mr Price Group's highest Cyclically Adjusted PS Ratio was 6.09. The lowest was 1.25. And the median was 2.75.

JSE:MRP's Cyclically Adjusted PS Ratio is ranked worse than
82.47% of 753 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs JSE:MRP: 1.65

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.

Mr Price Group's adjusted revenue per share data of for the fiscal year that ended in Mar23 was R121.831. 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 R102.45 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mr Price Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Mr Price Group'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.

Mr Price Group Cyclically Adjusted PS Ratio Chart

Mr Price Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 1.43 2.31 2.35 1.41

Mr Price Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 2.35 - 1.41 -

Competitive Comparison of Mr Price Group's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Mr Price Group'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.


Mr Price Group's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mr Price Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Mr Price Group's Cyclically Adjusted PS Ratio falls into.



Mr Price Group 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.

Mr Price Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=170.00/102.45
=1.66

* 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.

Mr Price Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Mr Price Group's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=121.831/147.5864*147.5864
=121.831

Current CPI (Mar23) = 147.5864.

Mr Price Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 58.786 94.723 91.594
201503 66.439 98.538 99.510
201603 74.012 104.969 104.061
201703 73.618 111.400 97.532
201803 78.772 115.542 100.619
201903 82.908 120.774 101.314
202003 86.055 125.679 101.055
202103 83.912 129.628 95.537
202203 103.895 137.594 111.440
202303 121.831 147.586 121.831

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.


Mr Price Group  (JSE:MRP) 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.


Mr Price Group Cyclically Adjusted PS Ratio Related Terms

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


Mr Price Group (JSE:MRP) Business Description

Traded in Other Exchanges
Address
65 Masabalala Yengwa Avenue, Upper Level Durban Station Complex, Stamford Hill, North Concourse, Durban, NL, ZAF, 4001
Mr Price Group Ltd is a retailer that sells proprietary-branded apparel and home goods through more than a thousand stores and online channels. It operates almost exclusively in Africa, with the vast majority of sales coming from South Africa. Its stores are concept-specific: mrp, the company's primary store, sells clothes, shoes, and accessories targeting young men and women; mrpSport stores sell sports apparel, equipment, footwear, and accessories; Miladys sells clothing for family-oriented women; mrpHome sells homeware and furniture, and Sheet Street sells home textile and decor products.

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