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SPAR Group (SPAR Group) Cyclically Adjusted PS Ratio : 0.16 (As of Apr. 30, 2024)


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What is SPAR Group Cyclically Adjusted PS Ratio?

As of today (2024-04-30), SPAR Group's current share price is $1.80. SPAR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $11.04. SPAR Group's Cyclically Adjusted PS Ratio for today is 0.16.

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

SGRP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.2   Max: 0.75
Current: 0.16

During the past years, SPAR Group's highest Cyclically Adjusted PS Ratio was 0.75. The lowest was 0.08. And the median was 0.20.

SGRP's Cyclically Adjusted PS Ratio is ranked better than
90.36% of 685 companies
in the Business Services industry
Industry Median: 0.89 vs SGRP: 0.16

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.

SPAR Group's adjusted revenue per share data for the three months ended in Dec. 2023 was $2.344. 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 $11.04 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SPAR Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for SPAR 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.

SPAR Group Cyclically Adjusted PS Ratio Chart

SPAR Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.15 0.14 0.13 0.09

SPAR Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.13 0.12 0.12 0.09 0.09

Competitive Comparison of SPAR Group's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, SPAR 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.


SPAR Group's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SPAR Group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



SPAR 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.80/11.04
=0.16

* 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.

SPAR Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SPAR Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.344/129.4194*129.4194
=2.344

Current CPI (Dec. 2023) = 129.4194.

SPAR Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 1.364 99.695 1.771
201406 1.424 100.560 1.833
201409 1.441 100.428 1.857
201412 1.440 99.070 1.881
201503 1.423 99.621 1.849
201506 1.366 100.684 1.756
201509 1.375 100.392 1.773
201512 1.312 99.792 1.702
201603 1.294 100.470 1.667
201606 1.394 101.688 1.774
201609 1.623 101.861 2.062
201612 2.087 101.863 2.652
201703 1.932 102.862 2.431
201706 2.005 103.349 2.511
201709 2.287 104.136 2.842
201712 2.432 104.011 3.026
201803 2.527 105.290 3.106
201806 2.868 106.317 3.491
201809 2.739 106.507 3.328
201812 2.742 105.998 3.348
201903 2.715 107.251 3.276
201906 3.233 108.070 3.872
201909 3.155 108.329 3.769
201912 2.861 108.420 3.415
202003 2.890 108.902 3.434
202006 2.412 108.767 2.870
202009 2.784 109.815 3.281
202012 2.805 109.897 3.303
202103 2.831 111.754 3.278
202106 3.108 114.631 3.509
202109 3.123 115.734 3.492
202112 2.815 117.630 3.097
202203 2.715 121.301 2.897
202206 3.091 125.017 3.200
202209 3.142 125.227 3.247
202212 2.833 125.222 2.928
202303 2.766 127.348 2.811
202306 2.819 128.729 2.834
202309 2.880 129.860 2.870
202312 2.344 129.419 2.344

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.


SPAR Group  (NAS:SGRP) 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.


SPAR Group Cyclically Adjusted PS Ratio Related Terms

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


SPAR Group (SPAR Group) Business Description

Traded in Other Exchanges
Address
1910 Opdyke Court, Auburn Hills, MI, USA, 48326
SPAR Group Inc is a supplier of merchandising and other marketing services. It also provides in-store event staffing, product sampling, audit services, furniture and other product assembly services, technology services and marketing research services. The company divides its operations into two reportable segments: Domestic division is comprised of all operations within the United States; and The International division is a consolidation of all other operations and joint ventures. Its customers are from retail and manufacturing segments. Its geographic presence is in Brazil, South Africa, Mexico, China, Japan, India, Canada, Australia, Turkey, and United States from where it generates maximum revenue.
Executives
Pato Antonio Calisto officer: Chief Financial Officer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Robert G/ Brown director, 10 percent owner, officer: Chairman, Chief Executive Offi
Spar Business Services Inc other: Affiliated with Robert G Brown 7711 N MILITARY TRAIL, SUITE 1000, WEST PALM BEACH FL 33410
Williams H Bartels director, 10 percent owner, officer: Vice Chairman
Sean Whelan director C/O ZOMEDICA CORP., 100 PHOENIX DRIVE, SUITE 125, ANN ARBOR MI 48108
Michael Wager director 100 BURTT ROAD, SUITE 115, BOSTON MA 01810
Kori Belzer officer: Chief Operations Officer SPAR GROUP INC, 580 WHITE PLAINS RD., TARRYTOWN NY 10591
Fay Devriese officer: Chief Financial Officer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Ronald Wayne Lutz officer: Chief Global CommercialOfficer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
William Linnane officer: Chief Strategy & GrowthOfficer C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Arthur H Baer director 61 BUSHNELL ROAD, HILLSDALE NY 12529
Mike R. Matacunas director, officer: Chief Executive Officer 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
James Richard Brown director C/O SPAR GROUP, INC., 1910 OPDYKE COURT, AUBURN HILLS MI 48326
Igor Novgorodtsev director C/O SPAR GROUP, INC. 333 WESTCHESTER AVE, SOUTH BUILDING, SUITE 204, WHITE PLAINS NY 10604
James R Segreto officer: Controller C/O SPAR GROUP INC, 580 WHITE PLAINS RD, TARRYTOWN NY 10591