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Next (NXGPY) Cyclically Adjusted PS Ratio : 2.41 (As of Apr. 27, 2024)


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What is Next Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Next's current share price is $58.28. Next's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan24 was $24.14. Next's Cyclically Adjusted PS Ratio for today is 2.41.

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

NXGPY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.32   Max: 3.97
Current: 2.32

During the past 13 years, Next's highest Cyclically Adjusted PS Ratio was 3.97. The lowest was 1.23. And the median was 2.32.

NXGPY's Cyclically Adjusted PS Ratio is ranked worse than
88.16% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs NXGPY: 2.32

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.

Next's adjusted revenue per share data of for the fiscal year that ended in Jan24 was $28.501. 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 $24.14 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Next Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Next'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.

Next Cyclically Adjusted PS Ratio Chart

Next Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.50 2.72 2.42 1.90 2.24

Next Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 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 2.42 - 1.90 - 2.24

Competitive Comparison of Next's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Next'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.


Next's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Next 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=58.28/24.14
=2.41

* 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.

Next's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan24 is calculated as:

For example, Next's adjusted Revenue per Share data for the fiscal year that ended in Jan24 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan24 (Change)*Current CPI (Jan24)
=28.501/130.0000*130.0000
=28.501

Current CPI (Jan24) = 130.0000.

Next Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201501 19.549 99.200 25.619
201601 19.967 99.900 25.983
201701 17.464 101.800 22.302
201801 19.866 104.500 24.714
201901 19.726 106.400 24.101
202001 21.416 108.300 25.707
202101 18.660 109.300 22.194
202201 24.239 114.600 27.496
202301 24.706 124.800 25.735
202401 28.501 130.000 28.501

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.


Next  (OTCPK:NXGPY) 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.


Next Cyclically Adjusted PS Ratio Related Terms

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


Next (NXGPY) Business Description

Traded in Other Exchanges
Address
Desford Road, Enderby, Leicester, GBR, LE19 4AT
Next PLC is a retailer that sells clothing, footwear, accessories, and home products. most of the company's offerings consist of its own Next-branded products. Almost all of Next's revenue comes from its hundreds of stores in the United Kingdom and through its online and catalog business that reaches dozens of other countries. most of the company's remaining sales are through retail stores outside of the United Kingdom that it franchises. Its segments include NEXT Online, NEXT Finance, NEXT Retail, NEXT International Retail, Sourcing and other, and Property Management. Roughly 90% of the company's revenue comes from customers in the United Kingdom.

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