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Target (BUE:TGT) Cyclically Adjusted PS Ratio : 0.85 (As of May. 24, 2024)


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What is Target Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Target's current share price is ARS7559.00. Target's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was ARS8,883.38. Target's Cyclically Adjusted PS Ratio for today is 0.85.

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

BUE:TGT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.75   Max: 1.82
Current: 0.74

During the past years, Target's highest Cyclically Adjusted PS Ratio was 1.82. The lowest was 0.46. And the median was 0.75.

BUE:TGT's Cyclically Adjusted PS Ratio is ranked worse than
69.74% of 228 companies
in the Retail - Defensive industry
Industry Median: 0.395 vs BUE:TGT: 0.74

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.

Target's adjusted revenue per share data for the three months ended in Apr. 2024 was ARS45,344.010. 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 ARS8,883.38 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Target Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Target'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.

Target Cyclically Adjusted PS Ratio Chart

Target 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 0.86 1.31 1.40 0.97 0.73

Target Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.87 0.74 0.59 0.73 0.82

Competitive Comparison of Target's Cyclically Adjusted PS Ratio

For the Discount Stores subindustry, Target'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.


Target's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

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

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



Target 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7559.00/8883.38
=0.85

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=45344.01/131.7762*131.7762
=45,344.010

Current CPI (Apr. 2024) = 131.7762.

Target Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 216.744 100.520 284.139
201410 228.731 100.176 300.885
201501 291.648 98.604 389.766
201504 235.829 99.824 311.316
201507 249.777 100.691 326.889
201510 267.559 100.346 351.362
201601 485.575 99.957 640.145
201604 393.741 100.947 513.990
201607 414.076 101.524 537.465
201610 438.913 101.988 567.109
201701 606.125 102.456 779.579
201704 450.004 103.167 574.793
201707 536.559 103.278 684.617
201710 544.809 104.070 689.853
201801 826.449 104.578 1,041.391
201804 623.751 105.708 777.572
201807 957.246 106.324 1,186.395
201810 1,384.851 106.695 1,710.395
201901 1,648.891 106.200 2,045.994
201904 1,468.521 107.818 1,794.834
201907 1,515.915 108.250 1,845.372
201910 2,087.993 108.577 2,534.126
202001 2,735.672 108.841 3,312.148
202004 2,499.768 108.173 3,045.205
202007 3,211.672 109.318 3,871.493
202010 3,414.055 109.861 4,095.113
202101 4,708.979 110.364 5,622.578
202104 4,412.467 112.673 5,160.585
202107 4,842.858 115.183 5,540.522
202110 5,177.049 116.696 5,846.070
202201 6,625.040 118.619 7,359.870
202204 5,978.817 121.978 6,459.070
202207 7,042.795 125.002 7,424.463
202210 8,446.198 125.734 8,852.055
202301 11,994.317 126.223 12,522.009
202304 9,674.155 127.992 9,960.172
202307 13,749.685 128.974 14,048.390
202310 19,215.953 129.810 19,507.057
202401 55,722.123 130.124 56,429.460
202404 45,344.010 131.776 45,344.010

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.


Target  (BUE:TGT) 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.


Target Cyclically Adjusted PS Ratio Related Terms

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


Target (BUE:TGT) Business Description

Address
1000 Nicollet Mall, Minneapolis, MN, USA, 55403
Target serves as the nation's sixth-largest retailer, with its strategy predicated on delivering a gratifying in-store shopping experience and a wide product assortment of trendy apparel, home goods, and household essentials at competitive prices. Target's upscale and stylish image began to carry national merit in the 1990s—a decade in which the brand saw its top line grow threefold to almost $30 billion—and has since cemented itself as a top U.S. retailer.Today, Target operates over 1,900 stores in the United States, generates over $100 billion in sales, and fulfills over 2 billion customer orders annually. The firm's vast physical footprint is typically concentrated in urban and suburban markets as the firm seeks to attract a more affluent consumer base.

Target (BUE:TGT) Headlines