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Cintas (BSP:C1TA34) Cyclically Adjusted PS Ratio : 10.11 (As of May. 24, 2024)


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What is Cintas Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Cintas's current share price is R$702.42. Cintas's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 was R$69.51. Cintas's Cyclically Adjusted PS Ratio for today is 10.11.

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

BSP:C1TA34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.7   Med: 4.77   Max: 9.64
Current: 9.59

During the past years, Cintas's highest Cyclically Adjusted PS Ratio was 9.64. The lowest was 1.70. And the median was 4.77.

BSP:C1TA34's Cyclically Adjusted PS Ratio is ranked worse than
95.38% of 693 companies
in the Business Services industry
Industry Median: 0.88 vs BSP:C1TA34: 9.59

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.

Cintas's adjusted revenue per share data for the three months ended in Feb. 2024 was R$23.136. 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$69.51 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cintas Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cintas'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.

Cintas Cyclically Adjusted PS Ratio Chart

Cintas Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.13 5.26 6.66 6.50 6.95

Cintas Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 6.63 6.95 7.24 7.82 8.66

Competitive Comparison of Cintas's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, Cintas'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.


Cintas's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

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

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



Cintas 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=702.42/69.51
=10.11

* 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.

Cintas's Cyclically Adjusted Revenue per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=23.136/130.9299*130.9299
=23.136

Current CPI (Feb. 2024) = 130.9299.

Cintas Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201405 3.147 100.373 4.105
201408 4.236 100.352 5.527
201411 4.834 99.635 6.352
201502 5.300 99.032 7.007
201505 5.478 100.333 7.149
201508 7.511 100.548 9.781
201511 8.383 100.135 10.961
201602 8.809 100.040 11.529
201605 7.617 101.355 9.840
201608 7.589 101.617 9.778
201611 7.880 101.829 10.132
201702 7.227 102.779 9.206
201705 9.030 103.256 11.450
201708 9.347 103.587 11.814
201711 9.546 104.072 12.010
201802 9.377 105.052 11.687
201805 10.878 106.148 13.418
201808 12.072 106.383 14.857
201811 11.841 106.338 14.579
201902 11.586 106.649 14.224
201905 13.109 108.048 15.885
201908 13.605 108.245 16.456
201911 14.277 108.519 17.225
202002 14.632 109.139 17.553
202005 17.199 108.175 20.817
202008 17.831 109.662 21.289
202011 17.730 109.793 21.143
202102 17.815 110.968 21.020
202105 18.010 113.576 20.762
202108 18.796 115.421 21.322
202111 20.167 117.269 22.516
202202 19.295 119.703 21.105
202205 19.719 123.323 20.935
202208 21.554 124.958 22.584
202211 22.170 125.607 23.109
202302 21.942 126.928 22.634
202305 22.007 128.314 22.456
202308 22.169 129.538 22.407
202311 22.550 129.548 22.791
202402 23.136 130.930 23.136

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.


Cintas  (BSP:C1TA34) 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.


Cintas Cyclically Adjusted PS Ratio Related Terms

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


Cintas (BSP:C1TA34) Business Description

Address
6800 Cintas Boulevard, P.O. Box 625737, Cincinnati, OH, USA, 45262-5737
Cintas is positioned as a one-stop shop that rents/sells uniforms and ancillary products and services, such as mops, first aid kits, and fire inspections. In its core uniform and facility services unit (a majority of sales), Cintas provides uniform rental programs for items including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific clothing. Facilities products generally include the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. Cintas' remaining businesses include first aid and safety services, fire protection services, and uniform direct sales.

Cintas (BSP:C1TA34) Headlines

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