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Carter's (Carter's) Cyclically Adjusted PS Ratio : 0.83 (As of Apr. 28, 2024)


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What is Carter's Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Carter's's current share price is $70.01. Carter's's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $84.11. Carter's's Cyclically Adjusted PS Ratio for today is 0.83.

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

CRI' 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.

CRI's Cyclically Adjusted PS Ratio is ranked worse than
64.23% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs CRI: 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 $23.834. 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 $84.11 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
=70.01/84.11
=0.83

* 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)
=23.834/129.4194*129.4194
=23.834

Current CPI (Dec. 2023) = 129.4194.

Carter's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.141 99.695 15.761
201406 10.772 100.560 13.863
201409 15.124 100.428 19.490
201412 16.532 99.070 21.597
201503 13.015 99.621 16.908
201506 11.661 100.684 14.989
201509 16.265 100.392 20.968
201512 16.690 99.792 21.645
201603 14.021 100.470 18.061
201606 12.635 101.688 16.081
201609 18.033 101.861 22.912
201612 18.957 101.863 24.085
201703 14.993 102.862 18.864
201706 14.288 103.349 17.892
201709 19.815 104.136 24.626
201712 21.664 104.011 26.956
201803 15.948 105.290 19.603
201806 14.829 106.317 18.051
201809 19.878 106.507 24.154
201812 23.731 105.998 28.975
201903 16.333 107.251 19.709
201906 16.306 108.070 19.527
201909 21.231 108.329 25.364
201912 25.011 108.420 29.855
202003 15.095 108.902 17.939
202006 11.888 108.767 14.145
202009 19.955 109.815 23.517
202012 22.811 109.897 26.863
202103 18.100 111.754 20.961
202106 17.113 114.631 19.321
202109 20.513 115.734 22.939
202112 25.609 117.630 28.176
202203 19.364 121.301 20.660
202206 17.796 125.017 18.423
202209 21.405 125.227 22.122
202212 24.349 125.222 25.165
202303 18.750 127.348 19.055
202306 16.299 128.729 16.386
202309 21.724 129.860 21.650
202312 23.834 129.419 23.834

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  (NYSE:CRI) 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 (Carter's) 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.
Executives
Michael Dennis Casey director, officer: Chairman and CEO 1170 PEACHTREE STREE NE STE 900, ATLANTA GA 30309
Julie D'emilio officer: EVP, Sales 3438 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Ben Pivar officer: SVP, CIO 3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
Richard F. Westenberger officer: EVP and CFO 1170 PEACHTREE STREET, SUITE 900, ATLANTA GA 30309
Brian Lynch officer: President, Carter's, Inc. 1170 PEACHTREE ST., ATLANTA GA 30309
Kendra Krugman officer: EVP, Merchandising and Design 3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
Jeff Jenkins officer: EVP Global Marketing 3438 PEACHTREE ROAD NE, ATLANTA GA 30306
Jill Wilson officer: SVP HR and Talent Development 1170 PEACHTREE ST., ATLANTA GA 30309
William J Montgoris director C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563
Karen Marie Smith officer: EVP Supply Chain 15960 MEADOW KING WAY, MILTON GA 30004
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Jeffrey Harry Black director ONE CARRIER PLACE, FARMINGTON CT 06032
Rochester Jr. Anderson director 268 LASSITER DRIVE, ELLENWOOD GA 30294
Stephanie Stahl director C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Scott F. Duggan officer: SVP, Gen Counsel & Secy C/O THE FRESH MARKET, INC., 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408