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Boot Barn Holdings (Boot Barn Holdings) Cyclically Adjusted PS Ratio : 2.93 (As of Apr. 27, 2024)


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What is Boot Barn Holdings Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Boot Barn Holdings's current share price is $107.79. Boot Barn Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $36.78. Boot Barn Holdings's Cyclically Adjusted PS Ratio for today is 2.93.

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

BOOT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.92   Med: 2.31   Max: 2.92
Current: 2.92

During the past years, Boot Barn Holdings's highest Cyclically Adjusted PS Ratio was 2.92. The lowest was 1.92. And the median was 2.31.

BOOT's Cyclically Adjusted PS Ratio is ranked worse than
90.82% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BOOT: 2.92

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.

Boot Barn Holdings's adjusted revenue per share data for the three months ended in Dec. 2023 was $16.979. 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 $36.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boot Barn Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Boot Barn Holdings'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.

Boot Barn Holdings Cyclically Adjusted PS Ratio Chart

Boot Barn Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.29

Boot Barn Holdings 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 1.94 2.29 2.44 2.27 2.09

Competitive Comparison of Boot Barn Holdings's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Boot Barn Holdings'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.


Boot Barn Holdings's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Boot Barn Holdings 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.

Boot Barn Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=107.79/36.78
=2.93

* 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.

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

For example, Boot Barn Holdings'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)
=16.979/129.4194*129.4194
=16.979

Current CPI (Dec. 2023) = 129.4194.

Boot Barn Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.550 99.695 4.608
201406 3.309 100.560 4.259
201409 3.465 100.428 4.465
201412 5.315 99.070 6.943
201503 3.860 99.621 5.015
201506 3.559 100.684 4.575
201509 4.959 100.392 6.393
201512 7.214 99.792 9.356
201603 5.575 100.470 7.181
201606 5.013 101.688 6.380
201609 4.981 101.861 6.329
201612 7.341 101.863 9.327
201703 6.019 102.862 7.573
201706 5.168 103.349 6.472
201709 5.309 104.136 6.598
201712 8.144 104.011 10.133
201803 5.955 105.290 7.320
201806 5.675 106.317 6.908
201809 5.822 106.507 7.074
201812 8.793 105.998 10.736
201903 6.663 107.251 8.040
201906 6.400 108.070 7.664
201909 6.419 108.329 7.669
201912 9.671 108.420 11.544
202003 6.434 108.902 7.646
202006 5.126 108.767 6.099
202009 6.314 109.815 7.441
202012 10.221 109.897 12.037
202103 8.605 111.754 9.965
202106 10.139 114.631 11.447
202109 10.302 115.734 11.520
202112 15.961 117.630 17.561
202203 12.601 121.301 13.444
202206 12.040 125.017 12.464
202209 11.597 125.227 11.985
202212 16.985 125.222 17.554
202303 13.974 127.348 14.201
202306 12.603 128.729 12.671
202309 12.226 129.860 12.185
202312 16.979 129.419 16.979

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.


Boot Barn Holdings  (NYSE:BOOT) 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.


Boot Barn Holdings Cyclically Adjusted PS Ratio Related Terms

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


Boot Barn Holdings (Boot Barn Holdings) Business Description

Traded in Other Exchanges
Address
15345 Barranca Parkway, Irvine, CA, USA, 92618
Boot Barn Holdings Inc operates specialty retail stores. The company sells western and work-related footwear, apparel, and accessories in the United States. It is a single operating segment, which includes net sales generated from its retail stores and e-commerce websites.
Executives
James M Watkins officer: CFO and Secretary 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
James Grant Conroy director, officer: President and CEO 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Michael A Love officer: Senior Vice President Stores 4 CENTAURUS WAY, COTO DE CAZA CA 92679
Laurie Marie Grijalva officer: Chief Merchandising Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
John Hazen officer: Chief Digital Officer 14852 VANGUARD, HUNTINGTON BEACH CA 92647
Gregory V. Hackman officer: Chief Financial Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Peter Starrett director
Chris Bruzzo director 411 FIRST AVE., SOUTH, SUITE 700, SEATTLE WA 98104
Anne Macdonald director 200 CARILLON PARKWAY, ST PETERSBURG FL 33716
Brenda I Morris director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Gene Eddie Burt director 19601 N 27TH AVE, PHOENIX AZ 85027
Bradley Morgan Weston director 7644 PEPITA WAY, LA JOLLA CA 92037
Lisa Laube director 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Fs Equity Partners Vi, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 1900, LOS ANGELES CA 90025

Boot Barn Holdings (Boot Barn Holdings) Headlines