GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Pittards PLC (LSE:PTD) » Definitions » Cyclically Adjusted PS Ratio

Pittards (LSE:PTD) Cyclically Adjusted PS Ratio : 0.02 (As of May. 26, 2024)


View and export this data going back to 1962. Start your Free Trial

What is Pittards Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Pittards's current share price is £0.05375. Pittards's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec21 was £2.75. Pittards's Cyclically Adjusted PS Ratio for today is 0.02.

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

LSE:PTD's Cyclically Adjusted PS Ratio is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.65
* Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.

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.

Pittards's adjusted revenue per share data of for the fiscal year that ended in Dec21 was £1.518. 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 £2.75 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pittards Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Pittards'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.

Pittards Cyclically Adjusted PS Ratio Chart

Pittards Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.19 0.22 0.16 0.20

Pittards Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 - 0.16 - 0.20 -

Competitive Comparison of Pittards's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Pittards'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.


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

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

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



Pittards 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.

Pittards's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=0.05375/2.75
=0.02

* 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.

Pittards's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Pittards's adjusted Revenue per Share data for the fiscal year that ended in Dec21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=1.518/114.7000*114.7000
=1.518

Current CPI (Dec21) = 114.7000.

Pittards Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201212 4.168 97.300 4.913
201312 3.875 99.200 4.480
201412 3.757 99.900 4.314
201512 2.502 100.400 2.858
201612 1.883 102.200 2.113
201712 2.129 105.000 2.326
201812 2.030 107.100 2.174
201912 1.593 108.500 1.684
202012 1.105 109.400 1.159
202112 1.518 114.700 1.518

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.


Pittards  (LSE:PTD) 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.


Pittards Cyclically Adjusted PS Ratio Related Terms

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


Pittards (LSE:PTD) Business Description

Traded in Other Exchanges
N/A
Address
Sherborne Road, Yeovil, Somerset, GBR, BA21 5BA
Pittards PLC is a UK-based leather and leather products manufacturer. The company engages in the designing, producing, and procuring advanced leather for sale to manufacturers and distributors of shoes, gloves, luxury leather goods, interiors, and sports equipment. It also supplies to the leather retailer and leather garments manufacturers. The company operates in two segments UK Division and Ethiopia Division. It serves a variety of industries which include fashion, military and services, interiors, sports, and consumer electronics. The company derives most of its revenues from the UK Division of business.

Pittards (LSE:PTD) Headlines

No Headlines