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Papa John's International (FRA:PP1) Cyclically Adjusted PS Ratio : 0.80 (As of May. 22, 2024)


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What is Papa John's International Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Papa John's International's current share price is €45.40. Papa John's International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €57.03. Papa John's International's Cyclically Adjusted PS Ratio for today is 0.80.

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

FRA:PP1' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.8   Med: 1.83   Max: 3.02
Current: 0.8

During the past years, Papa John's International's highest Cyclically Adjusted PS Ratio was 3.02. The lowest was 0.80. And the median was 1.83.

FRA:PP1's Cyclically Adjusted PS Ratio is ranked worse than
51.22% of 246 companies
in the Restaurants industry
Industry Median: 0.805 vs FRA:PP1: 0.80

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.

Papa John's International's adjusted revenue per share data for the three months ended in Mar. 2024 was €14.367. 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 €57.03 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Papa John's International Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Papa John's International'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.

Papa John's International Cyclically Adjusted PS Ratio Chart

Papa John's International 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 1.54 1.90 2.63 1.46 1.26

Papa John's International 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 1.30 1.25 1.14 1.26 1.08

Competitive Comparison of Papa John's International's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Papa John's International'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.


Papa John's International's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

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

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



Papa John's International 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.

Papa John's International's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=45.40/57.03
=0.80

* 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.

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

For example, Papa John's International'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)
=14.367/131.7762*131.7762
=14.367

Current CPI (Mar. 2024) = 131.7762.

Papa John's International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.679 100.560 8.752
201409 7.320 100.428 9.605
201412 8.456 99.070 11.248
201503 9.860 99.621 13.043
201506 8.840 100.684 11.570
201509 8.694 100.392 11.412
201512 9.719 99.792 12.834
201603 10.050 100.470 13.182
201606 10.036 101.688 13.006
201609 10.075 101.861 13.034
201612 11.174 101.863 14.455
201703 11.247 102.862 14.408
201706 10.397 103.349 13.257
201709 9.901 104.136 12.529
201712 11.306 104.011 14.324
201803 10.880 105.290 13.617
201806 11.439 106.317 14.178
201809 10.456 106.507 12.937
201812 11.014 105.998 13.693
201903 11.174 107.251 13.729
201906 11.131 108.070 13.573
201909 11.600 108.329 14.111
201912 11.822 108.420 14.369
202003 11.477 108.902 13.888
202006 12.540 108.767 15.193
202009 12.178 109.815 14.613
202012 11.724 109.897 14.058
202103 12.991 111.754 15.318
202106 12.308 114.631 14.149
202109 11.870 115.734 13.515
202112 12.485 117.630 13.987
202203 13.599 121.301 14.773
202206 13.802 125.017 14.548
202209 14.546 125.227 15.307
202212 14.054 125.222 14.790
202303 14.342 127.348 14.841
202306 14.546 128.729 14.890
202309 14.935 129.860 15.155
202312 15.985 129.419 16.276
202403 14.367 131.776 14.367

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.


Papa John's International  (FRA:PP1) 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.


Papa John's International Cyclically Adjusted PS Ratio Related Terms

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


Papa John's International (FRA:PP1) Business Description

Traded in Other Exchanges
Address
2002 Papa John's Boulevard, Louisville, KY, USA, 40299-2367
Papa John's is one of the largest players in the global QSR pizza market, boasting more than 5,700 restaurants across nearly 50 countries at the end of 2022. The firm operates a predominantly franchised system, owning just shy of 10% of its restaurants and generating revenue from franchise royalties, sales of pizza, and related products at its company-owned stores, and sales from its commissary supply chain. The firm is the third-largest limited-service pizza chain in the U.S. and fourth-largest globally, with a sizable presence in the U.K., China, South Korea, and Chile.

Papa John's International (FRA:PP1) Headlines

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