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PetSmart (FRA:PEM) Cyclically Adjusted PS Ratio : (As of May. 22, 2024)


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What is PetSmart Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


PetSmart Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PetSmart'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.

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PetSmart Cyclically Adjusted PS Ratio Chart

PetSmart Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Cyclically Adjusted PS Ratio
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PetSmart Quarterly Data
Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15
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Competitive Comparison of PetSmart's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, PetSmart'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.


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

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

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



PetSmart 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.

PetSmart's Cyclically Adjusted Revenue per Share for the quarter that ended in Oct. 2014 is calculated as:

For example, PetSmart's adjusted Revenue per Share data for the three months ended in Oct. 2014 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Oct. 2014 (Change)*Current CPI (Oct. 2014)
=13.739/100.1755*100.1755
=13.739

Current CPI (Oct. 2014) = 100.1755.

PetSmart Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
200501 4.708 80.458 5.862
200504 4.685 82.104 5.716
200507 5.073 82.441 6.164
200510 5.214 84.045 6.215
200601 6.087 83.665 7.288
200604 5.843 85.015 6.885
200607 5.701 85.859 6.652
200610 5.916 85.142 6.961
200701 6.554 85.402 7.688
200704 6.019 87.203 6.914
200707 6.007 87.884 6.847
200710 6.010 88.152 6.830
200801 6.983 89.057 7.855
200804 6.045 90.636 6.681
200807 6.249 92.805 6.745
200810 7.440 91.375 8.157
200901 8.098 89.084 9.106
200904 7.953 89.968 8.855
200907 7.404 90.859 8.163
200910 7.058 91.207 7.752
201001 8.036 91.423 8.805
201004 8.634 91.980 9.403
201007 9.094 91.981 9.904
201010 8.361 92.277 9.077
201101 9.610 92.914 10.361
201104 8.914 94.890 9.411
201107 9.120 95.319 9.585
201110 9.641 95.529 10.110
201201 11.255 95.632 11.790
201204 11.157 97.075 11.513
201207 11.993 96.661 12.429
201210 11.491 97.595 11.795
201301 13.073 97.158 13.479
201304 12.562 98.107 12.827
201307 12.471 98.557 12.676
201310 11.862 98.536 12.059
201401 12.818 98.692 13.011
201404 12.538 100.023 12.557
201407 12.824 100.520 12.780
201410 13.739 100.176 13.739

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.


PetSmart  (FRA:PEM) 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.


PetSmart Cyclically Adjusted PS Ratio Related Terms

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


PetSmart (FRA:PEM) Business Description

Traded in Other Exchanges
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Website
PetSmart Inc was incorporated in the State of Delaware in 1986. The Company provides specialty products, services and solutions for the lifetime needs of pets in North America. It offers a broad selection of products for all the life stages of pets, as well as various pet services including professional grooming, training, day camp for dogs and boarding. It also offers pet products through its website, PetSmart.com. As of 2 February 2014, it operated 1,333 retail stores and had full-service veterinary hospitals in 844 of its stores. MMI Holdings, Inc., through a wholly owned subsidiary, Medical Management International, Inc., operated 837 of the veterinary hospitals under the registered trade name of "Banfield, The Pet Hospital." The remaining 7 hospitals are operated by other third parties in Canada. The Company opened 55 net new stores in 2013 and at the end of the year operated 1,333 retail stores in the United States, Puerto Rico and Canada. Its stores typically range in size from 12,000 to 27,500 square feet and carry a broad selection of high-quality pet products at everyday low prices. It offers approximately 11,000 distinct items in stores and 9,000 additional items on its website, PetSmart.com, including nationally recognized brand names, as well as an extensive selection of proprietary brands across a range of product categories. All the Company's stores feature pet styling salons that provide high-quality grooming services and offer comprehensive pet training services. Its PetsHotels provide boarding for dogs and cats, which includes 24-hour supervision by caregivers who are trained to provide personalized pet care, temperature controlled rooms and suites, daily specialty treats and play time, as well as day camp for dogs. As of 3 February 2014, it operated 199 PetsHotels. The Company's trademarks include PetSmart, PetSmart.com, PetSmart PetsHotel, PetPerks, and Where Pets Are Family, as well as many others.

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