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Shoppers Stop (NSE:SHOPERSTOP) Cyclically Adjusted PS Ratio : 1.53 (As of Jun. 13, 2024)


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What is Shoppers Stop Cyclically Adjusted PS Ratio?

As of today (2024-06-13), Shoppers Stop's current share price is ₹752.70. Shoppers Stop's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 was ₹492.60. Shoppers Stop's Cyclically Adjusted PS Ratio for today is 1.53.

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

NSE:SHOPERSTOP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 0.93   Max: 1.59
Current: 1.53

During the past 13 years, Shoppers Stop's highest Cyclically Adjusted PS Ratio was 1.59. The lowest was 0.25. And the median was 0.93.

NSE:SHOPERSTOP's Cyclically Adjusted PS Ratio is ranked worse than
80.36% of 769 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs NSE:SHOPERSTOP: 1.53

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.

Shoppers Stop's adjusted revenue per share data of for the fiscal year that ended in Mar24 was ₹391.148. 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 ₹492.60 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shoppers Stop Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shoppers Stop'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.

Shoppers Stop Cyclically Adjusted PS Ratio Chart

Shoppers Stop Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.42 0.93 1.29 1.53

Shoppers Stop 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 1.29 - - - 1.53

Competitive Comparison of Shoppers Stop's Cyclically Adjusted PS Ratio

For the Department Stores subindustry, Shoppers Stop'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.


Shoppers Stop's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Shoppers Stop 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.

Shoppers Stop's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=752.70/492.6
=1.53

* 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.

Shoppers Stop's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Shoppers Stop's adjusted Revenue per Share data for the fiscal year that ended in Mar24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=391.148/153.0345*153.0345
=391.148

Current CPI (Mar24) = 153.0345.

Shoppers Stop Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201503 485.876 97.163 765.269
201603 502.566 102.518 750.207
201703 425.653 105.196 619.221
201803 414.176 109.786 577.332
201903 384.939 118.202 498.375
202003 372.649 124.705 457.304
202103 183.857 131.771 213.526
202203 230.178 138.822 253.744
202303 364.386 146.865 379.694
202403 391.148 153.035 391.148

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.


Shoppers Stop  (NSE:SHOPERSTOP) 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.


Shoppers Stop Cyclically Adjusted PS Ratio Related Terms

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


Shoppers Stop (NSE:SHOPERSTOP) Business Description

Traded in Other Exchanges
Address
Mindspace, Off. Link Road, Umang Tower, 5th Floor, Malad (West), Mumbai, MH, IND, 400064
Shoppers Stop Ltd is an India-based company engaged in the business of retailing a variety of household and consumer products through departmental stores. The group's products include apparels and non-apparels. The Non-Apparel includes Cosmetics, Personal Accessories, Jewellery, and Leather goods, Home Wares, Electronics, Books, and Music.

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