GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Denny's Corp (NAS:DENN) » Definitions » Cyclically Adjusted PS Ratio

Denny's (Denny's) Cyclically Adjusted PS Ratio : 0.83 (As of May. 27, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Denny's Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Denny's's current share price is $7.06. Denny's's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $8.50. Denny's's Cyclically Adjusted PS Ratio for today is 0.83.

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

DENN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.55   Max: 3.44
Current: 0.83

During the past years, Denny's's highest Cyclically Adjusted PS Ratio was 3.44. The lowest was 0.49. And the median was 1.55.

DENN's Cyclically Adjusted PS Ratio is ranked worse than
51.63% of 246 companies
in the Restaurants industry
Industry Median: 0.785 vs DENN: 0.83

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.

Denny's's adjusted revenue per share data for the three months ended in Mar. 2024 was $2.067. 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 $8.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Denny's Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Denny's'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.

Denny's Cyclically Adjusted PS Ratio Chart

Denny's 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 2.87 2.14 2.20 1.17 1.31

Denny's Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.39 1.51 1.02 1.31 1.05

Competitive Comparison of Denny's's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Denny's'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.


Denny's's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

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

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



Denny's 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=7.06/8.5
=0.83

* 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.

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

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.067/131.7762*131.7762
=2.067

Current CPI (Mar. 2024) = 131.7762.

Denny's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.297 100.560 1.700
201409 1.345 100.428 1.765
201412 1.482 99.070 1.971
201503 1.374 99.621 1.817
201506 1.433 100.684 1.876
201509 1.455 100.392 1.910
201512 1.537 99.792 2.030
201603 1.580 100.470 2.072
201606 1.620 101.688 2.099
201609 1.672 101.861 2.163
201612 1.736 101.863 2.246
201703 1.746 102.862 2.237
201706 1.861 103.349 2.373
201709 1.913 104.136 2.421
201712 2.008 104.011 2.544
201803 2.319 105.290 2.902
201806 2.379 106.317 2.949
201809 2.412 106.507 2.984
201812 2.498 105.998 3.106
201903 2.378 107.251 2.922
201906 2.447 108.070 2.984
201909 2.031 108.329 2.471
201912 1.890 108.420 2.297
202003 1.664 108.902 2.014
202006 0.721 108.767 0.874
202009 1.119 109.815 1.343
202012 1.229 109.897 1.474
202103 1.226 111.754 1.446
202106 1.626 114.631 1.869
202109 1.577 115.734 1.796
202112 1.660 117.630 1.860
202203 1.622 121.301 1.762
202206 1.842 125.017 1.942
202209 1.989 125.227 2.093
202212 2.067 125.222 2.175
202303 2.031 127.348 2.102
202306 2.049 128.729 2.098
202309 2.036 129.860 2.066
202312 2.142 129.419 2.181
202403 2.067 131.776 2.067

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.


Denny's  (NAS:DENN) 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.


Denny's Cyclically Adjusted PS Ratio Related Terms

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


Denny's (Denny's) Business Description

Traded in Other Exchanges
Address
203 East Main Street, Spartanburg, SC, USA, 29319-9966
Denny's Corp is one of America's largest franchised full-service restaurant chains based on the number of restaurants. It provides Pancakes, Appetizers & Soups, Sandwiches & Salads, Breakfast Melts, Omelettes, and others. The company generates its revenue from two sources: the sale of food & beverages and the collection of royalties & fees from restaurants.
Executives
Pankaj K Patra officer: EVP, Chief Digital & Tech Ofc 12157 BETHEL DR., FRISCO TX 75033
Stephen C. Dunn officer: Sr. V.P., Global Development 203 EAST MAIN STREET, SPARTANBURG SC 29319
John C Miller director, officer: CEO and President
Stephanie J. Davidson officer: EVP, Chief People Officer 203 EAST MAIN STREET, SPARTANBURG SC 29319
Gail Sharps Myers officer: Senior VP, General Counsel 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Robert P. Verostek officer: Senior Vice President, Finance 203 EAST MAIN STREET, SPARTANBURG SC 29319
Brenda J Lauderback director IRWIN FINANCIAL CORPORATION, 500 WASHINGTON STREET, COLUMBUS IN 47201
Kelli Valade director, officer: CEO and President 6820 LBJ FREEWAY, DALLAS TX 75240
Donald C. Robinson director 203 EAST MAIN STREET, MS P12-02, SPARTANBURG SC 29319
F Mark Wolfinger officer: Sr. V.P., CFO DENNY'S CORPORATION, 203 EAST MAIN STREET, SPARTANBURG SC 29319
Olufunlayo Olurinde Fajemirokun-beck director C/O FRESHPET, INC., 400 PLAZA DRIVE, 1ST FLOOR, SECAUCUS NJ 07094
Jay C Gilmore officer: VP, CAO & Corporate Controller 203 EAST MAIN STREET, MSP1202, SPARTANBURG SC 29319
John William Dillon officer: Sr VP, Chief Marketing Officer 203 EAST MAIN STREET, SPARTANBURG SC 29319
Christopher D Bode officer: Sr. V.P., Operations 203 EAST MAIN STREET, SPARTANBURG SC 29319
Timothy E. Flemming officer: Sr. V.P., General Counsel 203 EAST MAIN STREET, SPARTANBURG SC 29319