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Monro (FRA:MR2) Cyclically Adjusted PS Ratio : 0.61 (As of Jun. 11, 2024)


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What is Monro Cyclically Adjusted PS Ratio?

As of today (2024-06-11), Monro's current share price is €23.00. Monro's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €37.66. Monro's Cyclically Adjusted PS Ratio for today is 0.61.

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

FRA:MR2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.57   Med: 2.28   Max: 3.61
Current: 0.6

During the past years, Monro's highest Cyclically Adjusted PS Ratio was 3.61. The lowest was 0.57. And the median was 2.28.

FRA:MR2's Cyclically Adjusted PS Ratio is ranked better than
51.34% of 1005 companies
in the Vehicles & Parts industry
Industry Median: 0.67 vs FRA:MR2: 0.60

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.

Monro's adjusted revenue per share data for the three months ended in Mar. 2024 was €9.158. 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 €37.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monro Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Monro'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.

Monro Cyclically Adjusted PS Ratio Chart

Monro Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 2.05 1.22 1.26 0.76

Monro 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 1.26 1.02 0.69 0.73 0.76

Competitive Comparison of Monro's Cyclically Adjusted PS Ratio

For the Auto Parts subindustry, Monro'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.


Monro's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Monro's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Monro 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=23.00/37.66
=0.61

* 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.

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

For example, Monro'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)
=9.158/131.7762*131.7762
=9.158

Current CPI (Mar. 2024) = 131.7762.

Monro Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.884 100.560 6.400
201409 5.239 100.428 6.874
201412 5.842 99.070 7.771
201503 6.084 99.621 8.048
201506 6.365 100.684 8.331
201509 6.426 100.392 8.435
201512 6.581 99.792 8.690
201603 6.157 100.470 8.075
201606 6.283 101.688 8.142
201609 6.577 101.861 8.509
201612 8.209 101.863 10.620
201703 7.079 102.862 9.069
201706 7.445 103.349 9.493
201709 7.003 104.136 8.862
201712 7.239 104.011 9.171
201803 6.932 105.290 8.676
201806 7.568 106.317 9.380
201809 7.824 106.507 9.680
201812 8.073 105.998 10.036
201903 7.501 107.251 9.216
201906 8.262 108.070 10.074
201909 8.661 108.329 10.536
201912 8.723 108.420 10.602
202003 7.637 108.902 9.241
202006 6.480 108.767 7.851
202009 7.238 109.815 8.685
202012 6.916 109.897 8.293
202103 7.551 111.754 8.904
202106 8.339 114.631 9.586
202109 8.686 115.734 9.890
202112 8.882 117.630 9.950
202203 8.749 121.301 9.505
202206 9.729 125.017 10.255
202209 10.178 125.227 10.710
202212 9.893 125.222 10.411
202303 9.089 127.348 9.405
202306 9.445 128.729 9.669
202309 9.352 129.860 9.490
202312 9.050 129.419 9.215
202403 9.158 131.776 9.158

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.


Monro  (FRA:MR2) 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.


Monro Cyclically Adjusted PS Ratio Related Terms

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


Monro (FRA:MR2) Business Description

Traded in Other Exchanges
Address
200 Holleder Parkway, Rochester, NY, USA, 14615
Monro Inc is a provider automobile service stations in the United States. Through its network of company-owned service stations, Monro Muffler Brake offers maintenance, repair, tire, and fleet management services for automobiles focused largely on undercar services such as brake, steering, exhaust, drivetrain, and suspension systems. Next to service stores, the company also offers tire stores specialised in tire replacement and service.

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