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Target (STU:DYH) Cyclically Adjusted PS Ratio : 0.80 (As of May. 22, 2024)


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What is Target Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Target's current share price is €143.04. Target's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €178.39. Target's Cyclically Adjusted PS Ratio for today is 0.80.

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

STU:DYH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.75   Max: 1.82
Current: 0.82

During the past years, Target's highest Cyclically Adjusted PS Ratio was 1.82. The lowest was 0.46. And the median was 0.75.

STU:DYH's Cyclically Adjusted PS Ratio is ranked worse than
72.37% of 228 companies
in the Retail - Defensive industry
Industry Median: 0.4 vs STU:DYH: 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.

Target's adjusted revenue per share data for the three months ended in Jan. 2024 was €63.273. 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 €178.39 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Target Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Target'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.

Target Cyclically Adjusted PS Ratio Chart

Target 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 0.86 1.31 1.40 0.97 0.73

Target 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 0.97 0.87 0.74 0.59 0.73

Competitive Comparison of Target's Cyclically Adjusted PS Ratio

For the Discount Stores subindustry, Target'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.


Target's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

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

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



Target 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=143.04/178.39
=0.80

* 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.

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

For example, Target'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)
=63.273/130.1244*130.1244
=63.273

Current CPI (Jan. 2024) = 130.1244.

Target Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 18.896 100.023 24.583
201407 19.629 100.520 25.410
201410 21.284 100.176 27.647
201501 29.065 98.604 38.356
201504 24.471 99.824 31.899
201507 24.713 100.691 31.937
201510 24.957 100.346 32.363
201601 32.360 99.957 42.126
201604 23.631 100.947 30.461
201607 24.937 101.524 31.962
201610 25.972 101.988 33.137
201701 35.745 102.456 45.398
201704 27.262 103.167 34.385
201707 26.131 103.278 32.924
201710 26.209 104.070 32.771
201801 34.529 104.578 42.964
201804 25.280 105.708 31.119
201807 28.373 106.324 34.724
201810 29.187 106.695 35.596
201901 38.397 106.200 47.047
201904 30.198 107.818 36.446
201907 31.840 108.250 38.274
201910 32.776 108.577 39.280
202001 41.177 108.841 49.229
202004 35.678 108.173 42.918
202007 39.628 109.318 47.171
202010 38.063 109.861 45.084
202101 45.981 110.364 54.214
202104 40.184 112.673 46.408
202107 42.785 115.183 48.335
202110 45.182 116.696 50.381
202201 57.037 118.619 62.569
202204 49.823 121.978 53.150
202207 55.208 125.002 57.470
202210 58.196 125.734 60.228
202301 62.939 126.223 64.884
202304 49.889 127.992 50.720
202307 48.421 128.974 48.853
202310 51.993 129.810 52.119
202401 63.273 130.124 63.273

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.


Target  (STU:DYH) 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.


Target Cyclically Adjusted PS Ratio Related Terms

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


Target (STU:DYH) Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target (STU:DYH) Headlines

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