GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gildan Activewear Inc (NYSE:GIL) » Definitions » Cyclically Adjusted PS Ratio

Gildan Activewear (Gildan Activewear) Cyclically Adjusted PS Ratio : 2.40 (As of Apr. 27, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Gildan Activewear Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Gildan Activewear's current share price is $35.30. Gildan Activewear's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.71. Gildan Activewear's Cyclically Adjusted PS Ratio for today is 2.40.

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

GIL' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.14   Med: 3.8   Max: 6.07
Current: 2.47

During the past years, Gildan Activewear's highest Cyclically Adjusted PS Ratio was 6.07. The lowest was 1.14. And the median was 3.80.

GIL's Cyclically Adjusted PS Ratio is ranked worse than
85.22% of 846 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.62 vs GIL: 2.47

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.

Gildan Activewear's adjusted revenue per share data for the three months ended in Dec. 2023 was $4.556. 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 $14.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gildan Activewear Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gildan Activewear'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.

Gildan Activewear Cyclically Adjusted PS Ratio Chart

Gildan Activewear Annual Data
Trend Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 2.61 3.49 2.11 2.25

Gildan Activewear 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 2.11 2.48 2.29 1.99 2.25

Competitive Comparison of Gildan Activewear's Cyclically Adjusted PS Ratio

For the Apparel Manufacturing subindustry, Gildan Activewear'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.


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

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

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



Gildan Activewear 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.

Gildan Activewear's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=35.30/14.71
=2.40

* 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.

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

For example, Gildan Activewear'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)
=4.556/125.4675*125.4675
=4.556

Current CPI (Dec. 2023) = 125.4675.

Gildan Activewear Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.228 98.604 2.835
201406 2.815 99.473 3.551
201409 2.701 99.394 3.410
201412 1.602 98.367 2.043
201503 2.613 99.789 3.285
201506 2.929 100.500 3.657
201509 2.764 100.421 3.453
201512 2.222 99.947 2.789
201603 2.438 101.054 3.027
201606 2.916 102.002 3.587
201609 3.073 101.765 3.789
201612 2.536 101.449 3.136
201703 2.894 102.634 3.538
201706 3.174 103.029 3.865
201709 3.206 103.345 3.892
201712 2.980 103.345 3.618
201803 2.958 105.004 3.534
201806 3.592 105.557 4.270
201809 3.624 105.636 4.304
201812 3.586 105.399 4.269
201903 3.013 106.979 3.534
201906 3.901 107.690 4.545
201909 3.621 107.611 4.222
201912 3.268 107.769 3.805
202003 2.311 107.927 2.687
202006 1.159 108.401 1.341
202009 3.037 108.164 3.523
202012 3.479 108.559 4.021
202103 2.969 110.298 3.377
202106 3.754 111.720 4.216
202109 4.047 112.905 4.497
202112 4.046 113.774 4.462
202203 4.092 117.646 4.364
202206 4.818 120.806 5.004
202209 4.664 120.648 4.850
202212 4.004 120.964 4.153
202303 3.908 122.702 3.996
202306 4.724 124.203 4.772
202309 4.961 125.230 4.970
202312 4.556 125.468 4.556

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.


Gildan Activewear  (NYSE:GIL) 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.


Gildan Activewear Cyclically Adjusted PS Ratio Related Terms

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


Gildan Activewear (Gildan Activewear) Business Description

Traded in Other Exchanges
Address
600 de Maisonneuve Boulevard West, 33rd Floor, Suite 330, Montreal, QC, CAN, H3A 3J2
Gildan is a vertically integrated designer and manufacturer of basic apparel, including T-shirts, underwear, socks, and hosiery. Its primary market is the sale of blank T-shirts, sweatshirts, and other apparel to wholesalers, major clothing brands, and printers (printwear). Gildan also sells branded clothing through retail and direct-to-consumer channels. Brands include Gildan, American Apparel, Comfort Colors, and Gold Toe. Gildan produces most of its clothing at factories in Latin America and recently began operating a new plant in Bangladesh. Incorporated in 1984, the Montreal-based company operates internationally but generates nearly 90% of its sales in the U.S.