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Culp (CULP) Cyclically Adjusted PS Ratio : 0.17 (As of Apr. 27, 2024)


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What is Culp Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Culp's current share price is $4.60. Culp's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $27.62. Culp's Cyclically Adjusted PS Ratio for today is 0.17.

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

CULP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.8   Max: 1.69
Current: 0.17

During the past years, Culp's highest Cyclically Adjusted PS Ratio was 1.69. The lowest was 0.14. And the median was 0.80.

CULP's Cyclically Adjusted PS Ratio is ranked better than
86.41% of 846 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs CULP: 0.17

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.

Culp's adjusted revenue per share data for the three months ended in Jan. 2024 was $4.845. 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 $27.62 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Culp Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Culp'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.

Culp Cyclically Adjusted PS Ratio Chart

Culp Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.29 0.55 0.23 0.19

Culp 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 0.19 0.19 0.20 0.20 0.18

Competitive Comparison of Culp's Cyclically Adjusted PS Ratio

For the Textile Manufacturing subindustry, Culp'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.


Culp's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Culp's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Culp 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.60/27.62
=0.17

* 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.

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

For example, Culp'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)
=4.845/129.4194*129.4194
=4.845

Current CPI (Jan. 2024) = 129.4194.

Culp Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 5.952 100.023 7.701
201407 6.132 100.520 7.895
201410 5.967 100.176 7.709
201501 6.545 98.604 8.590
201504 6.329 99.824 8.205
201507 6.437 100.691 8.274
201510 6.164 100.346 7.950
201601 6.284 99.957 8.136
201604 6.212 100.947 7.964
201607 6.474 101.524 8.253
201610 6.024 101.988 7.644
201701 6.072 102.456 7.670
201704 6.178 103.167 7.750
201707 6.317 103.278 7.916
201710 6.415 104.070 7.978
201801 6.860 104.578 8.490
201804 6.179 105.708 7.565
201807 5.672 106.324 6.904
201810 6.135 106.695 7.442
201901 6.195 106.200 7.549
201904 4.481 107.818 5.379
201907 5.699 108.250 6.813
201910 5.605 108.577 6.681
202001 5.517 108.841 6.560
202004 3.853 108.173 4.610
202007 5.247 109.318 6.212
202010 6.236 109.861 7.346
202101 6.415 110.364 7.523
202104 6.381 112.673 7.329
202107 6.689 115.183 7.516
202110 6.054 116.696 6.714
202201 6.575 118.619 7.174
202204 4.659 121.978 4.943
202207 5.116 125.002 5.297
202210 4.754 125.734 4.893
202301 4.271 126.223 4.379
202304 4.987 127.992 5.043
202307 4.595 128.974 4.611
202310 4.715 129.810 4.701
202401 4.845 129.419 4.845

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.


Culp  (NYSE:CULP) 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.


Culp Cyclically Adjusted PS Ratio Related Terms

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


Culp (CULP) Business Description

Traded in Other Exchanges
Address
1823 Eastchester Drive, High Point, NC, USA, 27265
Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics.
Executives
Jonathan Lee Kelly director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Kimberly Bullock Gatling director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Thomas Bruno officer: President, Culp Home Fashions 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
John Allen Baugh director 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Gallagher Thomas Bernard Jr officer: Chief Accounting Officer 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Perry E Davis director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Fred A Jackson director C/O FUDDICK CORP, 301 S TRYON ST STE 1800, CHARLOTTE NC 28202
Teresa Atkins Huffman officer: Senior VP, Human Resources 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Sharon A Decker director 4100 COCA COLA PLAZA, CHARLOTTE NC 28211
Franklin N Saxon director, officer: President and COO 8508 MAHALA DR, HIGH POINT NC 27265
Culp Robert George Iv officer: President, CHF division 101 SOUTH MAIN STREET, HIGH POINT NC 27260
Kenneth W Mcallister director 220 CASCADE DR, HIGH POINT NC 27265
Ashley Carter Durbin officer: VP, General Counsel, Secretary 1823 EASTCHESTER DRIVE, HIGH POINT NC 27265
Cassandra J Brown officer: President, Culp Home Fashions 7209 HWY 158, STOKESDALE NC 27357
Culp Robert G Iii director, 10 percent owner, officer: Chairman and CEO 903 FORREST HILL DR, HIGH POINT NC 27262

Culp (CULP) Headlines