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Movado Group (Movado Group) Cyclically Adjusted PS Ratio : 0.82 (As of Apr. 30, 2024)


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What is Movado Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), Movado Group's current share price is $26.06. Movado Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $31.78. Movado Group's Cyclically Adjusted PS Ratio for today is 0.82.

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

MOV' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.2   Max: 2.35
Current: 0.82

During the past years, Movado Group's highest Cyclically Adjusted PS Ratio was 2.35. The lowest was 0.37. And the median was 1.20.

MOV's Cyclically Adjusted PS Ratio is ranked worse than
64.01% of 753 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs MOV: 0.82

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.

Movado Group's adjusted revenue per share data for the three months ended in Jan. 2024 was $7.933. 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 $31.78 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Movado Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Movado 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.

Movado Group Cyclically Adjusted PS Ratio Chart

Movado Group Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.81 1.31 1.14 0.87

Movado Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.14 0.82 0.91 0.88 0.87

Competitive Comparison of Movado Group's Cyclically Adjusted PS Ratio

For the Luxury Goods subindustry, Movado 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.


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

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

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



Movado 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=26.06/31.78
=0.82

* 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.

Movado Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Movado Group's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=7.933/129.4194*129.4194
=7.933

Current CPI (Jan. 2024) = 129.4194.

Movado Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.706 100.023 6.089
201407 5.593 100.520 7.201
201410 7.361 100.176 9.510
201501 5.284 98.604 6.935
201504 4.903 99.824 6.357
201507 6.090 100.691 7.828
201510 7.929 100.346 10.226
201601 6.176 99.957 7.996
201604 4.885 100.947 6.263
201607 5.523 101.524 7.041
201610 7.741 101.988 9.823
201701 5.615 102.456 7.093
201704 4.302 103.167 5.397
201707 5.547 103.278 6.951
201710 8.194 104.070 10.190
201801 6.473 104.578 8.011
201804 5.423 105.708 6.639
201807 6.077 106.324 7.397
201810 8.817 106.695 10.695
201901 8.474 106.200 10.327
201904 6.249 107.818 7.501
201907 6.776 108.250 8.101
201910 8.844 108.577 10.542
202001 8.224 108.841 9.779
202004 3.011 108.173 3.602
202007 3.810 109.318 4.511
202010 7.267 109.861 8.561
202101 7.658 110.364 8.980
202104 5.678 112.673 6.522
202107 7.324 115.183 8.229
202110 9.227 116.696 10.233
202201 8.699 118.619 9.491
202204 6.985 121.978 7.411
202207 7.960 125.002 8.241
202210 9.274 125.734 9.546
202301 8.563 126.223 8.780
202304 6.391 127.992 6.462
202307 7.092 128.974 7.116
202310 8.276 129.810 8.251
202401 7.933 129.419 7.933

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.


Movado Group  (NYSE:MOV) 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.


Movado Group Cyclically Adjusted PS Ratio Related Terms

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


Movado Group (Movado Group) Business Description

Traded in Other Exchanges
Address
650 From Road, Suite 375, Paramus, NJ, USA, 07652-3556
Movado Group Inc designs, develop, sources, markets, and distributes fine watches in the United States and internationally. It operates through the Watch and Accessory Brands and Company Stores segment. The Watch and Accessory Brands segment includes the designing, manufacturing, and distribution of watches of quality owned brands and licensed brands. Its Company Stores segment includes the company's retail outlet locations in the United States and Canada. It generates maximum revenue from the Watch and Accessory Brands segment. Geographically, it derives the majority of revenue from its international location.
Executives
Sallie A Demarsilis officer: Chief Financial Officer 142 WEST 57TH ST, NEW YORK NY 10019
Linda Feeney officer: SVP, Principal Acct. Officer 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Michelle Kennedy officer: SVP, Human Resources 650 FROM ROAD, STE. 375, PARAMUS NJ 07652
Vivian Delia officer: SENIOR VP HUMAN RESOURCES C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Ann Kirschner director 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Richard D Isserman director C/O MOVADO GROUP, INC., 650 FROM ROAD, PARAMUS NJ 07652
Maya Peterson director C/O MOVADO GROUP INC., 650 FROM ROAD, SUITE 375, PARAMUS NJ 07652
Efraim Grinberg director, 10 percent owner, officer: President - CEO C/O MOVADO GROUP INC, 650 FROM RD, PARAMUS NJ 07652
Alexander Grinberg 10 percent owner 125 CHUBB AVE, LYNDHURST NJ 07071
Behzad Soltani officer: EVP,Commercial President & CTO 650 FROM ROAD, STE 375, PARAMUS NJ 07652-3556
Alan H Howard director
Sussis Mitchell Cole officer: Senior VP and General Counsel 6 YORKSHIRE DRIVE, MENDHAM NJ 07945
Stephen I Sadove director
Maurice S Reznik director C/O MAIDENFORM BRANDS, INC., 154 AVENUE E, BAYONNE NJ 07002
Richard Cote director, officer: Executive V.P. - COO