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Capri Holdings (NYSE:CPRI) Cyclically Adjusted PS Ratio

: 1.33 (As of Today)
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As of today (2023-11-29), Capri Holdings's current share price is $49.15. Capri Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2023 was $37.06. Capri Holdings's Cyclically Adjusted PS Ratio for today is 1.33.

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

CPRI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.62   Max: 2.45
Current: 1.32

During the past years, Capri Holdings's highest Cyclically Adjusted PS Ratio was 2.45. The lowest was 0.62. And the median was 1.62.

CPRI's Cyclically Adjusted PS Ratio is ranked worse than
77.5% of 751 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs CPRI: 1.32

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.

Capri Holdings's adjusted revenue per share data for the three months ended in Sep. 2023 was $10.981. 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 $37.06 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Capri Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Capri 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.

Capri Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 2.05 1.75 1.35

Capri Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.19 1.70 1.35 0.99 1.42

Competitive Comparison

For the Luxury Goods subindustry, Capri 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.


Capri Holdings Cyclically Adjusted PS Ratio Distribution

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

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



Capri 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.15/37.06
=1.33

* 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.

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

For example, Capri Holdings's adjusted Revenue per Share data for the three months ended in Sep. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=10.981/130.1000*130.1000
=10.981

Current CPI (Sep. 2023) = 130.1000.

Capri Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201312 4.912 99.200 6.442
201403 4.432 99.300 5.807
201406 4.437 99.800 5.784
201409 5.094 100.000 6.627
201412 6.393 99.900 8.326
201503 5.320 99.600 6.949
201506 4.929 100.100 6.406
201509 5.900 100.200 7.661
201512 7.560 100.400 9.796
201603 6.667 100.400 8.639
201606 5.594 101.000 7.206
201609 6.445 101.500 8.261
201612 8.188 102.200 10.423
201703 6.582 102.700 8.338
201706 6.071 103.500 7.631
201709 7.437 104.300 9.277
201712 9.314 105.000 11.540
201803 7.625 105.100 9.439
201806 7.894 105.900 9.698
201809 8.259 106.600 10.080
201812 9.570 107.100 11.625
201903 8.837 107.000 10.745
201906 8.836 107.900 10.654
201909 9.451 108.400 11.343
201912 10.325 108.500 12.380
202003 7.980 108.600 9.560
202006 3.016 108.800 3.606
202009 7.318 109.200 8.719
202012 8.568 109.400 10.189
202103 7.922 109.700 9.395
202106 8.090 111.400 9.448
202109 8.430 112.400 9.758
202112 10.559 114.700 11.977
202203 10.048 116.500 11.221
202206 9.462 120.500 10.216
202209 10.303 122.300 10.960
202212 11.598 125.300 12.042
202303 10.692 126.800 10.970
202306 10.390 129.400 10.446
202309 10.981 130.100 10.981

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.


Capri Holdings  (NYSE:CPRI) 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.


Capri Holdings Cyclically Adjusted PS Ratio Related Terms

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


Capri Holdings (NYSE:CPRI) Business Description

Traded in Other Exchanges
Address
90 Whitfield Street, 2nd Floor, London, GBR, W1T 4EZ
Michael Kors, Versace, and Jimmy Choo are the brands of Capri Holdings, a marketer, distributor, and retailer of upscale accessories and apparel. Michael Kors, Capri's largest brand, offers handbags, footwear, and apparel through more than 800 company-owned stores, wholesale, and e-commerce. Versace (acquired in 2018) is known for its ready-to-wear luxury fashion, while Jimmy Choo (acquired in 2017) is best known for women's luxury footwear. John Idol has served as CEO since 2003.
Executives
Cedric Wilmotte officer: CEO - Michael Kors C/O CAPRI HOLDINGS LIMITED, 90 WHITFIELD STREET, 2ND FLOOR, LONDON X0 W1T 4EZ
Mahesh Madhavan director C/O CAPRI HOLDINGS LIMITED, 90 WHITFIELD STREET, 2ND FLOOR, LONDON X0 W1T 4EZ
Joshua Schulman officer: CEO - Michael Kors 603 WEST 50TH STREET, NEW YORK X1 10019
Marilyn C Crouther director 1902 RESTON METRO PLAZA, RESTON VA 20190
Jenna Hendricks officer: SVP, Chief People Officer 33 KINGSWAY, LONDON X0 WC2B 6UF
Daniel Purefoy officer: SVP, Global Ops 33 KINGSWAY, LONDON X0 WC2B 6UF
Ann Mclaughlin Korologos director PO BOX 3599, BATTLECREEK MI 49016-3599
Freestone Robin Anthony David director 33 KINGSWAY, LONDON X0 WC2B 6UF
Jean Tomlin director C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, NEW YORK NY 10036
Thomas Jr. Edwards officer: EVP, CFO, COO & Treasurer 6820 LBJ FREEWAY, DALLAS TX 75240
Krista A Mcdonough officer: SVP, General Counsel 33 KINGSWAY, LONDON X0 WC2B 6UF
Cathy Marie Robinson officer: SVP, Corp Str & Ch Ops Off C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, NEW YORK NY 10036
Michael David Kors director, officer: Hon Chair & Chief Creative Off C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, ATTN. LEE SPORN, NEW YORK NY 10036
Jane A. Thompson director C/O MICHAEL KORS (USA), INC., 11 WEST 42ND STREET, NEW YORK NY 10036
John D Idol director, officer: Chairman & CEO 650 MADISON AVE, NEW YORK NY 10022