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Carter's (BSP:CRIN34) Cyclically Adjusted PS Ratio : 0.91 (As of Apr. 27, 2024)


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What is Carter's Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Carter's's current share price is R$187.53. Carter's's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$205.84. Carter's's Cyclically Adjusted PS Ratio for today is 0.91.

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

BSP:CRIN34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.88   Max: 3.07
Current: 0.83

During the past years, Carter's's highest Cyclically Adjusted PS Ratio was 3.07. The lowest was 0.77. And the median was 1.88.

BSP:CRIN34's Cyclically Adjusted PS Ratio is ranked worse than
64.23% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BSP:CRIN34: 0.83

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.

Carter's's adjusted revenue per share data for the three months ended in Dec. 2023 was R$58.389. 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 R$205.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carter's Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carter's'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.

Carter's Cyclically Adjusted PS Ratio Chart

Carter's 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 1.85 1.48 1.41 0.94 0.89

Carter's 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 0.94 0.88 0.88 0.82 0.89

Competitive Comparison of Carter's's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Carter's'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.


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

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

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



Carter's 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=187.53/205.84
=0.91

* 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.

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

For example, Carter's'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)
=58.389/129.4194*129.4194
=58.389

Current CPI (Dec. 2023) = 129.4194.

Carter's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 14.114 99.695 18.322
201406 12.043 100.560 15.499
201409 17.679 100.428 22.783
201412 21.838 99.070 28.528
201503 20.442 99.621 26.557
201506 18.143 100.684 23.321
201509 31.742 100.392 40.920
201512 32.385 99.792 42.000
201603 25.924 100.470 33.394
201606 21.627 101.688 27.525
201609 29.333 101.861 37.269
201612 31.791 101.863 40.391
201703 23.446 102.862 29.499
201706 23.542 103.349 29.481
201709 31.035 104.136 38.570
201712 35.691 104.011 44.410
201803 26.146 105.290 32.138
201806 27.961 106.317 34.037
201809 40.835 106.507 49.620
201812 46.078 105.998 56.259
201903 31.366 107.251 37.849
201906 31.435 108.070 37.645
201909 43.730 108.329 52.244
201912 51.328 108.420 61.269
202003 36.880 108.902 43.828
202006 30.841 108.767 36.697
202009 53.880 109.815 63.499
202012 58.677 109.897 69.101
202103 50.998 111.754 59.059
202106 43.027 114.631 48.578
202109 54.144 115.734 60.546
202112 72.407 117.630 79.664
202203 48.180 121.301 51.405
202206 44.914 125.017 46.496
202209 56.118 125.227 57.997
202212 63.861 125.222 66.002
202303 48.832 127.348 49.626
202306 39.555 128.729 39.767
202309 53.642 129.860 53.460
202312 58.389 129.419 58.389

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.


Carter's  (BSP:CRIN34) 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.


Carter's Cyclically Adjusted PS Ratio Related Terms

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


Carter's (BSP:CRIN34) Business Description

Traded in Other Exchanges
Address
3438 Peachtree Road North East, Phipps Tower, Suite 1800, Atlanta, GA, USA, 30326
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.

Carter's (BSP:CRIN34) Headlines

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