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Vail Resorts (FRA:VAI) Cyclically Adjusted PS Ratio : 2.64 (As of Jun. 08, 2024)


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What is Vail Resorts Cyclically Adjusted PS Ratio?

As of today (2024-06-08), Vail Resorts's current share price is €158.00. Vail Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 was €59.91. Vail Resorts's Cyclically Adjusted PS Ratio for today is 2.64.

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

FRA:VAI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.15   Med: 4.66   Max: 7.87
Current: 2.77

During the past years, Vail Resorts's highest Cyclically Adjusted PS Ratio was 7.87. The lowest was 2.15. And the median was 4.66.

FRA:VAI's Cyclically Adjusted PS Ratio is ranked worse than
76.25% of 640 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs FRA:VAI: 2.77

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.

Vail Resorts's adjusted revenue per share data for the three months ended in Apr. 2024 was €31.527. 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 €59.91 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vail Resorts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vail Resorts'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.

Vail Resorts Cyclically Adjusted PS Ratio Chart

Vail Resorts Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 4.42 6.54 4.43 4.03

Vail Resorts Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 4.17 4.03 3.59 3.67 3.02

Competitive Comparison of Vail Resorts's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Vail Resorts'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.


Vail Resorts's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vail Resorts's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Vail Resorts 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.

Vail Resorts's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=158.00/59.91
=2.64

* 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.

Vail Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Vail Resorts's adjusted Revenue per Share data for the three months ended in Apr. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=31.527/131.7762*131.7762
=31.527

Current CPI (Apr. 2024) = 131.7762.

Vail Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201407 2.695 100.520 3.533
201410 2.792 100.176 3.673
201501 12.218 98.604 16.328
201504 14.293 99.824 18.868
201507 3.925 100.691 5.137
201510 4.265 100.346 5.601
201601 14.817 99.957 19.534
201604 15.306 100.947 19.980
201607 4.369 101.524 5.671
201610 4.394 101.988 5.677
201701 16.583 102.456 21.329
201704 18.003 103.167 22.995
201707 4.565 103.278 5.825
201710 4.674 104.070 5.918
201801 14.482 104.578 18.248
201804 16.567 105.708 20.653
201807 4.504 106.324 5.582
201810 4.725 106.695 5.836
201901 18.096 106.200 22.454
201904 20.785 107.818 25.404
201907 5.305 108.250 6.458
201910 6.000 108.577 7.282
202001 20.349 108.841 24.637
202004 15.672 108.173 19.092
202007 1.652 109.318 1.991
202010 2.783 109.861 3.338
202101 13.774 110.364 16.446
202104 18.175 112.673 21.257
202107 4.225 115.183 4.834
202110 3.742 116.696 4.226
202201 19.632 118.619 21.810
202204 27.429 121.978 29.632
202207 6.450 125.002 6.800
202210 7.039 125.734 7.377
202301 25.286 126.223 26.398
202304 28.432 127.992 29.273
202307 6.334 128.974 6.472
202310 6.424 129.810 6.521
202401 26.010 130.124 26.340
202404 31.527 131.776 31.527

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.


Vail Resorts  (FRA:VAI) 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.


Vail Resorts Cyclically Adjusted PS Ratio Related Terms

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


Vail Resorts (FRA:VAI) Business Description

Traded in Other Exchanges
Address
390 Interlocken Crescent, Broomfield, CO, USA, 80021
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.

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