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Gap (BSP:GPSI34) Cyclically Adjusted PS Ratio : 0.45 (As of May. 24, 2024)


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What is Gap Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Gap's current share price is R$108.53. Gap's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was R$240.34. Gap's Cyclically Adjusted PS Ratio for today is 0.45.

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

BSP:GPSI34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.74   Max: 1.91
Current: 0.43

During the past years, Gap's highest Cyclically Adjusted PS Ratio was 1.91. The lowest was 0.15. And the median was 0.74.

BSP:GPSI34's Cyclically Adjusted PS Ratio is ranked better than
52.82% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BSP:GPSI34: 0.43

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.

Gap's adjusted revenue per share data for the three months ended in Jan. 2024 was R$54.905. 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$240.34 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gap Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gap'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.

Gap Cyclically Adjusted PS Ratio Chart

Gap Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.45 0.50 0.41 0.29

Gap 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 0.29 0.20 0.22 0.27 0.39

Competitive Comparison of Gap's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Gap'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.


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

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

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



Gap 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=108.53/240.34
=0.45

* 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.

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

For example, Gap'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)
=54.905/130.1244*130.1244
=54.905

Current CPI (Jan. 2024) = 130.1244.

Gap Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 18.682 100.023 24.304
201407 19.988 100.520 25.875
201410 22.264 100.176 28.920
201501 28.981 98.604 38.245
201504 26.238 99.824 34.202
201507 30.110 100.691 38.912
201510 36.634 100.346 47.505
201601 44.349 99.957 57.733
201604 30.704 100.947 39.579
201607 31.639 101.524 40.552
201610 30.245 101.988 38.589
201701 35.147 102.456 44.638
201704 26.995 103.167 34.049
201707 30.693 103.278 38.672
201710 31.176 104.070 38.981
201801 39.045 104.578 48.583
201804 32.814 105.708 40.393
201807 40.034 106.324 48.996
201810 39.739 106.695 48.465
201901 45.209 106.200 55.394
201904 37.910 107.818 45.753
201907 39.928 108.250 47.996
201910 43.409 108.577 52.024
202001 51.741 108.841 61.859
202004 30.116 108.173 36.227
202007 46.178 109.318 54.967
202010 59.125 109.861 70.031
202101 62.984 110.364 74.261
202104 57.725 112.673 66.666
202107 56.304 115.183 63.608
202110 58.113 116.696 64.800
202201 66.375 118.619 72.813
202204 44.681 121.978 47.665
202207 56.417 125.002 58.729
202210 57.960 125.734 59.984
202301 60.029 126.223 61.884
202304 44.824 127.992 45.571
202307 45.909 128.974 46.318
202310 50.788 129.810 50.911
202401 54.905 130.124 54.905

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.


Gap  (BSP:GPSI34) 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.


Gap Cyclically Adjusted PS Ratio Related Terms

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


Gap (BSP:GPSI34) Business Description

Traded in Other Exchanges
Address
Two Folsom Street, San Francisco, CA, USA, 94105
Gap retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,600 stores in North America, Europe, and Asia and franchises more than 900 stores in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.

Gap (BSP:GPSI34) Headlines

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