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Interface (Interface) Cyclically Adjusted PS Ratio : 0.71 (As of Apr. 27, 2024)


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What is Interface Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Interface's current share price is $15.61. Interface's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $21.94. Interface's Cyclically Adjusted PS Ratio for today is 0.71.

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

TILE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.96   Max: 1.63
Current: 0.71

During the past years, Interface's highest Cyclically Adjusted PS Ratio was 1.63. The lowest was 0.32. And the median was 0.96.

TILE's Cyclically Adjusted PS Ratio is ranked worse than
53.22% of 1242 companies
in the Construction industry
Industry Median: 0.63 vs TILE: 0.71

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.

Interface's adjusted revenue per share data for the three months ended in Dec. 2023 was $5.544. 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 $21.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interface Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Interface'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.

Interface Cyclically Adjusted PS Ratio Chart

Interface 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 0.96 0.59 0.83 0.47 0.58

Interface 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 0.47 0.38 0.40 0.45 0.58

Competitive Comparison of Interface's Cyclically Adjusted PS Ratio

For the Building Products & Equipment subindustry, Interface'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.


Interface's Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Interface's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Interface 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=15.61/21.94
=0.71

* 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.

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

For example, Interface'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)
=5.544/129.4194*129.4194
=5.544

Current CPI (Dec. 2023) = 129.4194.

Interface Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 3.290 99.695 4.271
201406 3.916 100.560 5.040
201409 3.794 100.428 4.889
201412 4.114 99.070 5.374
201503 3.564 99.621 4.630
201506 3.992 100.684 5.131
201509 3.864 100.392 4.981
201512 3.744 99.792 4.856
201603 3.386 100.470 4.362
201606 3.795 101.688 4.830
201609 3.830 101.861 4.866
201612 3.709 101.863 4.712
201703 3.448 102.862 4.338
201706 4.006 103.349 5.017
201709 4.216 104.136 5.240
201712 4.426 104.011 5.507
201803 4.028 105.290 4.951
201806 4.764 106.317 5.799
201809 5.347 106.507 6.497
201812 5.663 105.998 6.914
201903 4.991 107.251 6.023
201906 6.030 108.070 7.221
201909 5.961 108.329 7.122
201912 5.810 108.420 6.935
202003 4.930 108.902 5.859
202006 4.437 108.767 5.279
202009 4.756 109.815 5.605
202012 4.721 109.897 5.560
202103 4.312 111.754 4.994
202106 4.993 114.631 5.637
202109 5.295 115.734 5.921
202112 5.751 117.630 6.327
202203 4.861 121.301 5.186
202206 5.838 125.017 6.044
202209 5.585 125.227 5.772
202212 5.769 125.222 5.962
202303 5.093 127.348 5.176
202306 5.666 128.729 5.696
202309 5.331 129.860 5.313
202312 5.544 129.419 5.544

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.


Interface  (NAS:TILE) 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.


Interface Cyclically Adjusted PS Ratio Related Terms

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


Interface (Interface) Business Description

Industry
Traded in Other Exchanges
Address
1280 West Peachtree Street, Atlanta, GA, USA, 30309
Interface Inc is engaged in the designing, production, and sale of carpet tile. It also provides Luxury Vinyl tiles and rubber flooring. The company mainly targets corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retailers. Its geographical segments include the Americas, Europe, and Asia-Pacific.
Executives
Stansfield Nigel officer: VP & Chief Innovation Officer 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339
Robert T O'brien director 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Laurel Hurd officer: President & CEO C/O NEWELL BRANDS INC., 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
James Poppens officer: Vice President 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Robert Pridgen officer: Chief Accounting Officer 1280 WEST PEACHTREE STREET NW, ATLANTA GA 30309
Christopher G Kennedy director C/O INTERFACE INC, 2859 PACES FERRY ROAD SUITE 2000, ATLANTA GA 30339
Gibson Dwight Audley Konrad director C/O SPX FLOW, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Joseph Keough director 3715 NORTHSIDE PKWY NW, SUITE 4-600, ATLANTA GA 30327
Andreas Mueller officer: VP & Chief Customer Officer 1280 WEST PEACHTREE ST. NW, ATLANTA GA 30309
Catherine M Kilbane director
Daniel T Hendrix director, officer: President and CEO 2859 PACES ROAD, ATLANTA GA 30339
Gregory J Bauer officer: VP & Chief Accounting Officer 2859 PACES FERRY RD., STE 2000, ATLANTA GA 30339
Robert Coombs officer: Vice President 2850 PACES FERRY RD, STE 2000, ATLANTA GA 30339
Jeffrey Chadwick Scales officer: VP & Chief Innovation Officer 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339
Bruce Andrew Hausmann officer: VP & CFO 2859 PACES FERRY ROAD, SUITE 2000, ATLANTA GA 30339