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Planet Fitness (BSP:P2LN34) Cyclically Adjusted PS Ratio : 8.91 (As of Apr. 28, 2024)


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What is Planet Fitness Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Planet Fitness's current share price is R$39.84. Planet Fitness's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was R$4.47. Planet Fitness's Cyclically Adjusted PS Ratio for today is 8.91.

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

BSP:P2LN34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.06   Med: 6.77   Max: 7.82
Current: 6.25

During the past years, Planet Fitness's highest Cyclically Adjusted PS Ratio was 7.82. The lowest was 5.06. And the median was 6.77.

BSP:P2LN34's Cyclically Adjusted PS Ratio is ranked worse than
89.14% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs BSP:P2LN34: 6.25

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.

Planet Fitness's adjusted revenue per share data for the three months ended in Dec. 2023 was R$2.027. 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$4.47 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Planet Fitness Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Planet Fitness'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.

Planet Fitness Cyclically Adjusted PS Ratio Chart

Planet Fitness 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 - - - - 7.62

Planet Fitness 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 - - - 5.17 7.62

Competitive Comparison of Planet Fitness's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Planet Fitness'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.


Planet Fitness's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Planet Fitness's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Planet Fitness 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.

Planet Fitness's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=39.84/4.47
=8.91

* 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.

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

For example, Planet Fitness'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)
=2.027/129.4194*129.4194
=2.027

Current CPI (Dec. 2023) = 129.4194.

Planet Fitness Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 0.475 99.695 0.617
201406 0.497 100.560 0.640
201409 0.526 100.428 0.678
201412 0.900 99.070 1.176
201503 0.857 99.621 1.113
201506 0.872 100.684 1.121
201509 0.917 100.392 1.182
201512 1.403 99.792 1.820
201603 1.053 100.470 1.356
201606 1.064 101.688 1.354
201609 0.792 101.861 1.006
201612 0.887 101.863 1.127
201703 0.555 102.862 0.698
201706 0.558 103.349 0.699
201709 0.445 104.136 0.553
201712 0.638 104.011 0.794
201803 0.567 105.290 0.697
201806 0.752 106.317 0.915
201809 0.793 106.507 0.964
201812 0.978 105.998 1.194
201903 0.846 107.251 1.021
201906 1.032 108.070 1.236
201909 1.025 108.329 1.225
201912 1.207 108.420 1.441
202003 0.975 108.902 1.159
202006 0.326 108.767 0.388
202009 0.887 109.815 1.045
202012 1.050 109.897 1.237
202103 0.941 111.754 1.090
202106 1.029 114.631 1.162
202109 1.214 115.734 1.358
202112 1.543 117.630 1.698
202203 1.372 121.301 1.464
202206 1.544 125.017 1.598
202209 1.895 125.227 1.958
202212 2.201 125.222 2.275
202303 1.706 127.348 1.734
202306 1.946 128.729 1.956
202309 2.018 129.860 2.011
202312 2.027 129.419 2.027

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.


Planet Fitness  (BSP:P2LN34) 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.


Planet Fitness Cyclically Adjusted PS Ratio Related Terms

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


Planet Fitness (BSP:P2LN34) Business Description

Traded in Other Exchanges
Address
4 Liberty Lane West, Hampton, NH, USA, 03842
Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.

Planet Fitness (BSP:P2LN34) Headlines

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