GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fast Retailing Co Ltd (STU:FR7H) » Definitions » Cyclically Adjusted PS Ratio

Fast Retailing Co (STU:FR7H) Cyclically Adjusted PS Ratio : 5.23 (As of May. 27, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Fast Retailing Co Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Fast Retailing Co's current share price is €2.30. Fast Retailing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was €0.44. Fast Retailing Co's Cyclically Adjusted PS Ratio for today is 5.23.

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

STU:FR7H' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.22   Med: 4.09   Max: 6.46
Current: 5.49

During the past years, Fast Retailing Co's highest Cyclically Adjusted PS Ratio was 6.46. The lowest was 2.22. And the median was 4.09.

STU:FR7H's Cyclically Adjusted PS Ratio is ranked worse than
96.72% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs STU:FR7H: 5.49

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.

Fast Retailing Co's adjusted revenue per share data for the three months ended in Feb. 2024 was €0.159. 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 €0.44 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fast Retailing Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Fast Retailing Co'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.

Fast Retailing Co Cyclically Adjusted PS Ratio Chart

Fast Retailing Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 3.94 4.21 4.31 4.76

Fast Retailing Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 4.03 4.76 4.76 5.19 5.90

Competitive Comparison of Fast Retailing Co's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Fast Retailing Co'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.


Fast Retailing Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Fast Retailing Co 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.

Fast Retailing Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.30/0.44
=5.23

* 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.

Fast Retailing Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Fast Retailing Co's adjusted Revenue per Share data for the three months ended in Feb. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=0.159/106.9000*106.9000
=0.159

Current CPI (Feb. 2024) = 106.9000.

Fast Retailing Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 0.076 98.100 0.083
201408 0.070 98.300 0.076
201411 0.108 97.900 0.118
201502 0.114 97.600 0.125
201505 0.096 98.700 0.104
201508 0.080 98.400 0.087
201511 0.129 98.100 0.141
201602 0.126 97.800 0.138
201605 0.112 98.200 0.122
201608 0.101 97.900 0.110
201611 0.148 98.600 0.160
201702 0.133 98.100 0.145
201705 0.121 98.600 0.131
201708 0.097 98.500 0.105
201711 0.152 99.100 0.164
201802 0.139 99.500 0.149
201805 0.130 99.300 0.140
201808 0.108 99.800 0.116
201811 0.163 100.000 0.174
201902 0.162 99.700 0.174
201905 0.147 100.000 0.157
201908 0.129 100.000 0.138
201911 0.169 100.500 0.180
202002 0.159 100.300 0.169
202005 0.094 100.100 0.100
202008 0.121 100.100 0.129
202011 0.164 99.500 0.176
202102 0.149 99.800 0.160
202105 0.122 99.400 0.131
202108 0.110 99.700 0.118
202111 0.157 100.100 0.168
202202 0.147 100.700 0.156
202205 0.131 101.800 0.138
202208 0.127 102.700 0.132
202211 0.161 103.900 0.166
202302 0.172 104.000 0.177
202305 0.148 105.100 0.151
202308 0.128 105.900 0.129
202311 0.163 106.900 0.163
202402 0.159 106.900 0.159

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.


Fast Retailing Co  (STU:FR7H) 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.


Fast Retailing Co Cyclically Adjusted PS Ratio Related Terms

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


Fast Retailing Co (STU:FR7H) Business Description

Traded in Other Exchanges
Address
10717-1 Sayama, Yamaguchi, Yamaguchi, JPN, 754-0894
Fast Retailing Co Ltd is Japan's apparel company, operating the casualwear retail chain Uniqlo, known for its high-quality functional apparel at reasonable prices. The business is founded on a private-label apparel model whereby Fast Retailing is in charge of product design, production, and sales. Fast Retailing is ranked the third-largest apparel company by sales globally, it runs 3,630 stores globally, including 813 and 1,439 Uniqlo stores in Japan and overseas, respectively. Other brands in its portfolio include GU and acquired brands including Theory, Comptoir des Cotonniers, Princesse Tam Tam (French lingerie), and J Brand (premium denim).

Fast Retailing Co (STU:FR7H) Headlines

No Headlines