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Sleep Number (Sleep Number) Cyclically Adjusted PS Ratio : 0.23 (As of Apr. 28, 2024)


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What is Sleep Number Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Sleep Number's current share price is $14.18. Sleep Number's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $62.68. Sleep Number's Cyclically Adjusted PS Ratio for today is 0.23.

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

SNBR' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 1.49   Max: 4.28
Current: 0.23

During the past years, Sleep Number's highest Cyclically Adjusted PS Ratio was 4.28. The lowest was 0.16. And the median was 1.49.

SNBR's Cyclically Adjusted PS Ratio is ranked better than
83.6% of 311 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.81 vs SNBR: 0.23

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.

Sleep Number's adjusted revenue per share data for the three months ended in Mar. 2024 was $20.903. 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 $62.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sleep Number Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sleep Number'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.

Sleep Number Cyclically Adjusted PS Ratio Chart

Sleep Number 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 1.76 2.44 1.77 0.49 0.24

Sleep Number Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.54 0.47 0.41 0.24 0.26

Competitive Comparison of Sleep Number's Cyclically Adjusted PS Ratio

For the Furnishings, Fixtures & Appliances subindustry, Sleep Number'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.


Sleep Number's Cyclically Adjusted PS Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sleep Number's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Sleep Number 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.

Sleep Number's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=14.18/62.68
=0.23

* 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.

Sleep Number's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sleep Number's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=20.903/129.4194*129.4194
=20.903

Current CPI (Mar. 2024) = 129.4194.

Sleep Number Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.322 100.560 5.562
201409 5.991 100.428 7.720
201412 6.001 99.070 7.839
201503 6.560 99.621 8.522
201506 5.239 100.684 6.734
201509 7.232 100.392 9.323
201512 4.223 99.792 5.477
201603 7.227 100.470 9.309
201606 5.886 101.688 7.491
201609 7.939 101.861 10.087
201612 6.909 101.863 8.778
201703 9.011 102.862 11.337
201706 6.824 103.349 8.545
201709 9.699 104.136 12.054
201712 8.934 104.011 11.116
201803 9.877 105.290 12.141
201806 8.586 106.317 10.452
201809 11.838 106.507 14.385
201812 12.319 105.998 15.041
201903 13.436 107.251 16.213
201906 11.659 108.070 13.962
201909 15.934 108.329 19.036
201912 15.028 108.420 17.939
202003 16.425 108.902 19.520
202006 10.204 108.767 12.141
202009 18.550 109.815 21.862
202012 20.259 109.897 23.858
202103 21.408 111.754 24.792
202106 19.223 114.631 21.703
202109 26.426 115.734 29.551
202112 20.658 117.630 22.729
202203 22.345 121.301 23.841
202206 24.174 125.017 25.025
202209 23.947 125.227 24.749
202212 22.082 125.222 22.822
202303 23.315 127.348 23.694
202306 20.389 128.729 20.498
202309 21.026 129.860 20.955
202312 19.107 129.419 19.107
202403 20.903 129.419 20.903

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.


Sleep Number  (NAS:SNBR) 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.


Sleep Number Cyclically Adjusted PS Ratio Related Terms

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


Sleep Number (Sleep Number) Business Description

Traded in Other Exchanges
Address
1001 Third Avenue South, Minneapolis, MN, USA, 55404
Sleep Number Corp. offers individualized mattresses and sleep solutions. Consumers can customize Sleep Number bedding to suit their comforts. The company utilizes algorithms and biometric data for customizations. Revenue is generated through marketing and selling bedding through two distribution channels: company-controlled, including direct-to-consumer retail and online sales; and wholesale, which sells through selected wholesale and retail customers. Almost all revenue comes from company-controlled retail sales. Sleep Number Corp. sells its products throughout the United States.
Executives
Samuel R Hellfeld officer: SVP Chief Legal & Risk Officer 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Francis K Lee officer: EVP & CFO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Julie Howard director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Michael J Harrison director 200 DOMAIN DRIVE, STRATHAM NH 03885
Joel Joseph Laing officer: Treasurer & CAO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Angel L Mendez director C/O SLEEP NUMBER CORPORATION, 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Phillip Eyler director C/O HARMAN INTERNATIONAL INDUSTRIES, INC, 400 ATLANTIC STREET, STAMFORD CT 06901
Kevin Kennedy Brown officer: SVP and CMO 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Christopher D Krusmark officer: SVP & Chief H.R. Officer 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55404
Daniel Alegre director 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55317
Jean Michel Valette director 28 MAPLE AVE, KENTFIELD CT 06897
Melissa Barra officer: SVP, Chief Strategy & CRO 9800 59TH AVENUE NORTH, MINNEAPOLIS MN 55442
Shelly Radue Ibach officer: Senior VP - U.S. Retail Sales 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Robert Joseph Poirier officer: VP, CAO 1001 THIRD AVENUE SOUTH, MINNEAPOLIS MN 55442