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Dollar General (BSP:DGCO34) Cyclically Adjusted PS Ratio : 1.15 (As of Apr. 29, 2024)


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What is Dollar General Cyclically Adjusted PS Ratio?

As of today (2024-04-29), Dollar General's current share price is R$30.85. Dollar General's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was R$26.73. Dollar General's Cyclically Adjusted PS Ratio for today is 1.15.

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

BSP:DGCO34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.7   Max: 2.85
Current: 1.1

During the past years, Dollar General's highest Cyclically Adjusted PS Ratio was 2.85. The lowest was 0.84. And the median was 1.70.

BSP:DGCO34's Cyclically Adjusted PS Ratio is ranked worse than
79.48% of 229 companies
in the Retail - Defensive industry
Industry Median: 0.38 vs BSP:DGCO34: 1.10

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.

Dollar General's adjusted revenue per share data for the three months ended in Jan. 2024 was R$9.187. 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$26.73 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dollar General Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dollar General'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.

Dollar General Cyclically Adjusted PS Ratio Chart

Dollar General 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 2.10 2.34 2.11 2.02 1.02

Dollar General 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 2.02 1.84 1.37 0.94 1.02

Competitive Comparison of Dollar General's Cyclically Adjusted PS Ratio

For the Discount Stores subindustry, Dollar General'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.


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

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

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



Dollar General 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.

Dollar General's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=30.85/26.73
=1.15

* 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.

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

For example, Dollar General'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)
=9.187/129.4194*129.4194
=9.187

Current CPI (Jan. 2024) = 129.4194.

Dollar General Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 1.356 100.023 1.755
201407 1.441 100.520 1.855
201410 1.586 100.176 2.049
201501 1.781 98.604 2.338
201504 2.064 99.824 2.676
201507 2.312 100.691 2.972
201510 2.793 100.346 3.602
201601 3.088 99.957 3.998
201604 2.724 100.947 3.492
201607 2.592 101.524 3.304
201610 2.510 101.988 3.185
201701 2.887 102.456 3.647
201704 2.666 103.167 3.344
201707 2.834 103.278 3.551
201710 2.878 104.070 3.579
201801 3.024 104.578 3.742
201804 3.227 105.708 3.951
201807 3.840 106.324 4.674
201810 3.788 106.695 4.595
201901 3.942 106.200 4.804
201904 4.133 107.818 4.961
201907 4.242 108.250 5.072
201910 4.615 108.577 5.501
202001 4.852 108.841 5.769
202004 7.380 108.173 8.829
202007 7.566 109.318 8.957
202010 7.716 109.861 9.090
202101 7.668 110.364 8.992
202104 8.112 112.673 9.318
202107 7.869 115.183 8.842
202110 8.404 116.696 9.320
202201 8.573 118.619 9.354
202204 7.551 121.978 8.012
202207 9.269 125.002 9.597
202210 9.177 125.734 9.446
202301 9.924 126.223 10.175
202304 8.881 127.992 8.980
202307 8.908 128.974 8.939
202310 9.291 129.810 9.263
202401 9.187 129.419 9.187

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.


Dollar General  (BSP:DGCO34) 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.


Dollar General Cyclically Adjusted PS Ratio Related Terms

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


Dollar General (BSP:DGCO34) Business Description

Traded in Other Exchanges
Address
100 Mission Ridge, Goodlettsville, TN, USA, 37072
With over 19,000 locations, Dollar General's banner is nearly ubiquitous across the rural United States. Dollar General serves as a convenient shopping destination for fill-in store trips, with its value proposition most relevant to consumers in small communities with a dearth of shopping options. The retailer operates a frugal store of about 7,500 square feet and primarily offers an assortment of branded and private-label consumable items (80% of net sales) such as paper and cleaning products, packaged and perishable food, tobacco, and health and beauty items at low prices. Dollar General also offers a limited assortment of seasonal merchandise, home products, and apparel. The firm sells most items at a price point of $10 or lower.

Dollar General (BSP:DGCO34) Headlines

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