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Texas Roadhouse (FRA:ROW) Cyclically Adjusted PS Ratio : 3.55 (As of May. 22, 2024)


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What is Texas Roadhouse Cyclically Adjusted PS Ratio?

As of today (2024-05-22), Texas Roadhouse's current share price is €154.35. Texas Roadhouse's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €43.44. Texas Roadhouse's Cyclically Adjusted PS Ratio for today is 3.55.

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

FRA:ROW' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.31   Med: 2.45   Max: 3.6
Current: 3.55

During the past years, Texas Roadhouse's highest Cyclically Adjusted PS Ratio was 3.60. The lowest was 1.31. And the median was 2.45.

FRA:ROW's Cyclically Adjusted PS Ratio is ranked worse than
91.06% of 246 companies
in the Restaurants industry
Industry Median: 0.8 vs FRA:ROW: 3.55

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.

Texas Roadhouse's adjusted revenue per share data for the three months ended in Mar. 2024 was €18.114. 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 €43.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Texas Roadhouse Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Texas Roadhouse'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.

Texas Roadhouse Cyclically Adjusted PS Ratio Chart

Texas Roadhouse 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 2.14 2.74 2.65 2.30 2.70

Texas Roadhouse 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 2.62 2.62 2.17 2.70 3.27

Competitive Comparison of Texas Roadhouse's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Texas Roadhouse'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.


Texas Roadhouse's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

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

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



Texas Roadhouse 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.

Texas Roadhouse's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=154.35/43.44
=3.55

* 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.

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

For example, Texas Roadhouse'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)
=18.114/131.7762*131.7762
=18.114

Current CPI (Mar. 2024) = 131.7762.

Texas Roadhouse Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 4.123 100.560 5.403
201409 4.246 100.428 5.571
201412 4.651 99.070 6.186
201503 6.030 99.621 7.976
201506 5.735 100.684 7.506
201509 5.518 100.392 7.243
201512 5.869 99.792 7.750
201603 6.542 100.470 8.580
201606 6.389 101.688 8.279
201609 6.046 101.861 7.822
201612 6.425 101.863 8.312
201703 7.441 102.862 9.533
201706 7.055 103.349 8.996
201709 6.340 104.136 8.023
201712 6.418 104.011 8.131
201803 7.090 105.290 8.874
201806 7.492 106.317 9.286
201809 7.077 106.507 8.756
201812 7.383 105.998 9.179
201903 8.467 107.251 10.403
201906 8.511 108.070 10.378
201909 8.445 108.329 10.273
201912 9.351 108.420 11.365
202003 8.454 108.902 10.230
202006 6.099 108.767 7.389
202009 7.667 109.815 9.200
202012 7.483 109.897 8.973
202103 9.589 111.754 11.307
202106 10.633 114.631 12.223
202109 10.529 115.734 11.988
202112 11.331 117.630 12.694
202203 12.925 121.301 14.041
202206 14.277 125.017 15.049
202209 14.938 125.227 15.719
202212 14.169 125.222 14.911
202303 16.300 127.348 16.867
202306 16.080 128.729 16.461
202309 15.685 129.860 15.917
202312 15.922 129.419 16.212
202403 18.114 131.776 18.114

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.


Texas Roadhouse  (FRA:ROW) 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.


Texas Roadhouse Cyclically Adjusted PS Ratio Related Terms

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


Texas Roadhouse (FRA:ROW) Business Description

Traded in Other Exchanges
Address
6040 Dutchmans Lane, Louisville, KY, USA, 40205
Texas Roadhouse Inc is a restaurant company operating predominately in the casual dining segment. The company's operating segment includes Texas Roadhouse; Bubba's 33 and others. It generates maximum revenue from the Texas Roadhouse segment.

Texas Roadhouse (FRA:ROW) Headlines

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