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Signet Jewelers (FRA:SZ2) Cyclically Adjusted PS Ratio : 0.85 (As of Jun. 06, 2024)


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What is Signet Jewelers Cyclically Adjusted PS Ratio?

As of today (2024-06-06), Signet Jewelers's current share price is €98.58. Signet Jewelers's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €115.35. Signet Jewelers's Cyclically Adjusted PS Ratio for today is 0.85.

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

FRA:SZ2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.86   Max: 2.96
Current: 0.87

During the past years, Signet Jewelers's highest Cyclically Adjusted PS Ratio was 2.96. The lowest was 0.08. And the median was 0.86.

FRA:SZ2's Cyclically Adjusted PS Ratio is ranked worse than
65.23% of 768 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs FRA:SZ2: 0.87

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.

Signet Jewelers's adjusted revenue per share data for the three months ended in Jan. 2024 was €43.179. 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 €115.35 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Signet Jewelers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Signet Jewelers'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.

Signet Jewelers Cyclically Adjusted PS Ratio Chart

Signet Jewelers Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 0.47 0.87 0.68 0.81

Signet Jewelers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.68 0.63 0.68 0.58 0.81

Competitive Comparison of Signet Jewelers's Cyclically Adjusted PS Ratio

For the Luxury Goods subindustry, Signet Jewelers'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.


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

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

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



Signet Jewelers 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.

Signet Jewelers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=98.58/115.35
=0.85

* 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.

Signet Jewelers's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=43.179/130.1244*130.1244
=43.179

Current CPI (Jan. 2024) = 130.1244.

Signet Jewelers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 9.522 100.023 12.388
201407 11.296 100.520 14.623
201410 11.632 100.176 15.110
201501 24.439 98.604 32.251
201504 17.634 99.824 22.987
201507 16.048 100.691 20.739
201510 13.633 100.346 17.679
201601 27.858 99.957 36.266
201604 17.675 100.947 22.784
201607 16.100 101.524 20.636
201610 14.634 101.988 18.671
201701 27.603 102.456 35.057
201704 19.199 103.167 24.216
201707 17.212 103.278 21.686
201710 16.381 104.070 20.482
201801 21.638 104.578 26.924
201804 20.280 105.708 24.964
201807 21.669 106.324 26.520
201810 20.132 106.695 24.553
201901 36.509 106.200 44.734
201904 24.694 107.818 29.803
201907 23.541 108.250 28.298
201910 20.727 108.577 24.840
202001 37.238 108.841 44.520
202004 15.134 108.173 18.205
202007 14.857 109.318 17.685
202010 20.698 109.861 24.516
202101 34.323 110.364 40.468
202104 22.772 112.673 26.299
202107 24.243 115.183 27.388
202110 20.810 116.696 23.205
202201 38.892 118.619 42.664
202204 34.883 121.978 37.213
202207 30.641 125.002 31.897
202210 33.398 125.734 34.564
202301 31.240 126.223 32.206
202304 27.912 127.992 28.377
202307 26.864 128.974 27.104
202310 28.906 129.810 28.976
202401 43.179 130.124 43.179

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.


Signet Jewelers  (FRA:SZ2) 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.


Signet Jewelers Cyclically Adjusted PS Ratio Related Terms

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


Signet Jewelers (FRA:SZ2) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.

Signet Jewelers (FRA:SZ2) Headlines

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