GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Home Depot Inc (NYSE:HD) » Definitions » Cyclically Adjusted PS Ratio

The Home Depot (HD) Cyclically Adjusted PS Ratio : 2.62 (As of Jun. 26, 2025)


View and export this data going back to 1981. Start your Free Trial

What is The Home Depot Cyclically Adjusted PS Ratio?

As of today (2025-06-26), The Home Depot's current share price is $361.86. The Home Depot's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 was $137.94. The Home Depot's Cyclically Adjusted PS Ratio for today is 2.62.

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

HD' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.09   Med: 2.88   Max: 4.48
Current: 2.62

During the past years, The Home Depot's highest Cyclically Adjusted PS Ratio was 4.48. The lowest was 2.09. And the median was 2.88.

HD's Cyclically Adjusted PS Ratio is ranked worse than
87.73% of 693 companies
in the Retail - Cyclical industry
Industry Median: 0.58 vs HD: 2.62

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.

The Home Depot's adjusted revenue per share data for the three months ended in Apr. 2025 was $40.097. 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 $137.94 for the trailing ten years ended in Apr. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Home Depot Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Home Depot'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.

The Home Depot Cyclically Adjusted PS Ratio Chart

The Home Depot Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 3.81 2.90 2.86 3.06

The Home Depot Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 2.63 2.84 2.98 3.06 2.61

Competitive Comparison of The Home Depot's Cyclically Adjusted PS Ratio

For the Home Improvement Retail subindustry, The Home Depot'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.


The Home Depot's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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


;
;

The Home Depot 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.

The Home Depot's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=361.86/137.94
=2.62

* 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.

The Home Depot's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2025 is calculated as:

For example, The Home Depot's adjusted Revenue per Share data for the three months ended in Apr. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2025 (Change)*Current CPI (Apr. 2025)
=40.097/135.3468*135.3468
=40.097

Current CPI (Apr. 2025) = 135.3468.

The Home Depot Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201507 19.262 100.691 25.892
201510 17.126 100.346 23.099
201601 16.624 99.957 22.510
201604 18.181 100.947 24.377
201607 21.348 101.524 28.460
201610 18.840 101.988 25.002
201701 18.353 102.456 24.245
201704 19.840 103.167 26.028
201707 23.640 103.278 30.981
201710 21.317 104.070 27.724
201801 20.483 104.578 26.510
201804 21.543 105.708 27.583
201807 26.513 106.324 33.750
201810 23.052 106.695 29.242
201901 23.611 106.200 30.091
201904 23.853 107.818 29.943
201907 28.061 108.250 35.085
201910 24.884 108.577 31.019
202001 23.697 108.841 29.468
202004 26.240 108.173 32.832
202007 35.332 109.318 43.745
202010 31.109 109.861 38.326
202101 29.927 110.364 36.701
202104 34.884 112.673 41.904
202107 38.718 115.183 45.496
202110 34.967 116.696 40.556
202201 34.246 118.619 39.075
202204 37.629 121.978 41.753
202207 42.724 125.002 46.260
202210 37.998 125.734 40.903
202301 35.267 126.223 37.816
202304 36.779 127.992 38.892
202307 42.788 128.974 44.902
202310 37.748 129.810 39.358
202401 35.031 130.124 36.437
202404 36.712 132.289 37.561
202407 43.523 132.708 44.388
202410 40.501 133.182 41.159
202501 39.863 134.029 40.255
202504 40.097 135.347 40.097

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.


The Home Depot  (NYSE:HD) 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.


The Home Depot Cyclically Adjusted PS Ratio Related Terms

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


The Home Depot Business Description

Address
2455 Paces Ferry Road, Atlanta, GA, USA, 30339
Home Depot is the world's largest home improvement specialty retailer, operating 2,350 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The additions of the Company Store brought textiles to the lineup, and the 2024 tie-up with SRS will help grow professional demand in roofing, pool and landscaping projects.
Executives
Teresa Wynn Roseborough officer: EVP, Gen. Counsel & Corp. Sec. 2455 PACES FERRY ROAD NW, C-20, ATLANTA GA 30339
Fahim Siddiqui officer: EVP and CIO 2455 PACES FERRY RD., SE, ATLANTA GA 30339
Gregory D Brenneman director
William D Bastek officer: EVP, Merchandising 2455 PACES FERRY RD., SE, C-20, ATLANTA GA 30339
Ann Marie Campbell officer: EVP - U.S. Stores 2455 PACES FERRY ROAD, ATLANTA GA 30339
Timothy A. Hourigan officer: EVP - Human Resources 2455 PACES FERRY RD, SE, ATLANTA GA 30339
Hector A Padilla officer: EVP - Outside Sales & Service 2455 PACES FERRY RD., SE, ATLANTA GA 30339
Richard V Mcphail officer: EVP & CFO 2455 PACES FERRY RD SE, ATLANTA GA 30339
Kimberly R Scardino officer: SVP-Finance, CAO & Controller 108 WILMOT ROAD, DEERFIELD IL 60015
Matt Carey officer: EVP & CIO 11216 WAPLES MILL ROAD SUITE 100, FAIRFAX VA 22030
Edward P. Decker officer: EVP, Merchandising 2455 PACES FERRY RD NW, C-20, ATLANTA X1 30339
John A. Deaton officer: EVP - Supply Chain & Prod. Dev 2455 PACES FERRY RD., SE, ATLANTA GA 30339
Jeffrey G Kinnaird officer: EVP - Merchandising 2455 PACES FERRY RD., SE, C-20 LEGAL AFFAIRS, ATLANTA GA 30339
Paula Santilli director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Becker Caryn Seidman director 65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022