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Bath & Body Works (BSP:B1BW34) Cyclically Adjusted PS Ratio : 1.15 (As of May. 28, 2024)


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What is Bath & Body Works Cyclically Adjusted PS Ratio?

As of today (2024-05-28), Bath & Body Works's current share price is R$62.46. Bath & Body Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was R$54.20. Bath & Body Works's Cyclically Adjusted PS Ratio for today is 1.15.

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

BSP:B1BW34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.09   Max: 2.4
Current: 1.12

During the past years, Bath & Body Works's highest Cyclically Adjusted PS Ratio was 2.40. The lowest was 0.20. And the median was 1.09.

BSP:B1BW34's Cyclically Adjusted PS Ratio is ranked worse than
73.13% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BSP:B1BW34: 1.12

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.

Bath & Body Works's adjusted revenue per share data for the three months ended in Jan. 2024 was R$15.635. 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 R$54.20 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bath & Body Works Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Bath & Body Works'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.

Bath & Body Works Cyclically Adjusted PS Ratio Chart

Bath & Body Works 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 0.47 0.82 1.34 1.06 0.99

Bath & Body Works Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 1.06 0.81 0.85 0.68 0.99

Competitive Comparison of Bath & Body Works's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Bath & Body Works'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.


Bath & Body Works's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Bath & Body Works's Cyclically Adjusted PS Ratio falls into.



Bath & Body Works 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.

Bath & Body Works's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=62.46/54.2
=1.15

* 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.

Bath & Body Works's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Bath & Body Works's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=15.635/130.1244*130.1244
=15.635

Current CPI (Jan. 2024) = 130.1244.

Bath & Body Works Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 4.493 100.023 5.845
201407 5.008 100.520 6.483
201410 4.765 100.176 6.190
201501 8.993 98.604 11.868
201504 6.389 99.824 8.328
201507 7.515 100.691 9.712
201510 8.124 100.346 10.535
201601 15.004 99.957 19.532
201604 7.948 100.947 10.245
201607 8.139 101.524 10.432
201610 7.088 101.988 9.043
201701 12.303 102.456 15.625
201704 6.617 103.167 8.346
201707 7.625 103.278 9.607
201710 7.331 104.070 9.166
201801 13.635 104.578 16.966
201804 7.936 105.708 9.769
201807 10.220 106.324 12.508
201810 9.488 106.695 11.572
201901 16.241 106.200 19.900
201904 9.214 107.818 11.120
201907 9.861 108.250 11.854
201910 9.899 108.577 11.863
202001 -10.239 108.841 -12.241
202004 7.937 108.173 9.548
202007 10.998 109.318 13.091
202010 8.458 109.861 10.018
202101 12.979 110.364 15.303
202104 7.206 112.673 8.322
202107 7.852 115.183 8.871
202110 8.722 116.696 9.726
202201 16.039 118.619 17.595
202204 7.093 121.978 7.567
202207 9.400 125.002 9.785
202210 9.197 125.734 9.518
202301 16.370 126.223 16.876
202304 7.620 127.992 7.747
202307 8.170 128.974 8.243
202310 8.659 129.810 8.680
202401 15.635 130.124 15.635

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.


Bath & Body Works  (BSP:B1BW34) 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.


Bath & Body Works Cyclically Adjusted PS Ratio Related Terms

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


Bath & Body Works (BSP:B1BW34) Business Description

Traded in Other Exchanges
Address
Three Limited Parkway, Columbus, OH, USA, 43230
Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with less than 5% of sales from international markets in fiscal 2022. For fiscal 2022, 72% of sales stemmed from the brick-and-mortar network (which was composed of more than 1,800 retail stores), similar to 2021 levels, as consumer shopping patterns remained to normal. Future growth is expected from store reformatting, digital and international channels, as well as adjacent category expansion.

Bath & Body Works (BSP:B1BW34) Headlines

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