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BJ's Restaurants (FRA:ZCG) Cyclically Adjusted PS Ratio : 0.64 (As of May. 27, 2024)


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What is BJ's Restaurants Cyclically Adjusted PS Ratio?

As of today (2024-05-27), BJ's Restaurants's current share price is €32.20. BJ's Restaurants's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €50.48. BJ's Restaurants's Cyclically Adjusted PS Ratio for today is 0.64.

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

FRA:ZCG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.37   Max: 2.8
Current: 0.64

During the past years, BJ's Restaurants's highest Cyclically Adjusted PS Ratio was 2.80. The lowest was 0.22. And the median was 1.37.

FRA:ZCG's Cyclically Adjusted PS Ratio is ranked better than
58.54% of 246 companies
in the Restaurants industry
Industry Median: 0.77 vs FRA:ZCG: 0.64

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.

BJ's Restaurants's adjusted revenue per share data for the three months ended in Mar. 2024 was €12.950. 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 €50.48 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BJ's Restaurants Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BJ's Restaurants'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.

BJ's Restaurants Cyclically Adjusted PS Ratio Chart

BJ's Restaurants 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 1.01 0.97 0.77 0.53 0.67

BJ's Restaurants 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 0.57 0.61 0.44 0.67 0.66

Competitive Comparison of BJ's Restaurants's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, BJ's Restaurants'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.


BJ's Restaurants's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

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

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



BJ's Restaurants 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.

BJ's Restaurants's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=32.20/50.48
=0.64

* 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.

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

For example, BJ's Restaurants'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)
=12.95/131.7762*131.7762
=12.950

Current CPI (Mar. 2024) = 131.7762.

BJ's Restaurants Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.563 100.560 7.290
201409 5.659 100.428 7.425
201412 6.445 99.070 8.573
201503 7.726 99.621 10.220
201506 7.801 100.684 10.210
201509 7.873 100.392 10.334
201512 8.383 99.792 11.070
201603 8.852 100.470 11.610
201606 9.066 101.688 11.749
201609 8.504 101.861 11.002
201612 10.870 101.863 14.062
201703 10.803 102.862 13.840
201706 10.717 103.349 13.665
201709 9.563 104.136 12.101
201712 10.512 104.011 13.318
201803 10.724 105.290 13.422
201806 11.464 106.317 14.209
201809 10.621 106.507 13.141
201812 11.292 105.998 14.038
201903 11.989 107.251 14.731
201906 12.689 108.070 15.473
201909 12.382 108.329 15.062
201912 13.448 108.420 16.345
202003 12.063 108.902 14.597
202006 5.426 108.767 6.574
202009 7.579 109.815 9.095
202012 7.256 109.897 8.701
202103 8.182 111.754 9.648
202106 9.935 114.631 11.421
202109 10.299 115.734 11.727
202112 11.062 117.630 12.392
202203 11.437 121.301 12.425
202206 13.229 125.017 13.944
202209 13.423 125.227 14.125
202212 13.671 125.222 14.387
202303 13.323 127.348 13.786
202306 13.464 128.729 13.783
202309 12.682 129.860 12.869
202312 12.504 129.419 12.732
202403 12.950 131.776 12.950

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.


BJ's Restaurants  (FRA:ZCG) 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.


BJ's Restaurants Cyclically Adjusted PS Ratio Related Terms

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BJ's Restaurants (FRA:ZCG) Business Description

Traded in Other Exchanges
Address
7755 Center Avenue, Suite 300, Huntington Beach, CA, USA, 92647
BJ's Restaurants Inc is involved in the business of owning and operating restaurants. The company operates in one operating segment that is casual dining company-owned restaurants. It has geographic presence only in the United States of America.

BJ's Restaurants (FRA:ZCG) Headlines

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