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Best Buy Co (Best Buy Co) Cyclically Adjusted PS Ratio : 0.40 (As of Apr. 28, 2024)


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What is Best Buy Co Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Best Buy Co's current share price is $75.05. Best Buy Co's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $186.03. Best Buy Co's Cyclically Adjusted PS Ratio for today is 0.40.

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

BBY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.44   Max: 0.88
Current: 0.4

During the past years, Best Buy Co's highest Cyclically Adjusted PS Ratio was 0.88. The lowest was 0.23. And the median was 0.44.

BBY's Cyclically Adjusted PS Ratio is ranked better than
54.65% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs BBY: 0.40

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.

Best Buy Co's adjusted revenue per share data for the three months ended in Jan. 2024 was $67.587. 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 $186.03 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Best Buy Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Best Buy Co'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.

Best Buy Co Cyclically Adjusted PS Ratio Chart

Best Buy Co 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 0.61 0.75 0.62 0.50 0.39

Best Buy Co 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 0.50 0.41 0.46 0.36 0.39

Competitive Comparison of Best Buy Co's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Best Buy Co'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.


Best Buy Co's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Best Buy Co's Cyclically Adjusted PS Ratio falls into.



Best Buy Co 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.

Best Buy Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=75.05/186.03
=0.40

* 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.

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

For example, Best Buy Co'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)
=67.587/129.4194*129.4194
=67.587

Current CPI (Jan. 2024) = 129.4194.

Best Buy Co Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 24.655 100.023 31.901
201407 24.018 100.520 30.923
201410 25.514 100.176 32.962
201501 39.812 98.604 52.254
201504 23.932 99.824 31.027
201507 24.097 100.691 30.972
201510 25.269 100.346 32.590
201601 39.833 99.957 51.574
201604 25.843 100.947 33.132
201607 26.426 101.524 33.687
201610 27.953 101.988 35.471
201701 42.184 102.456 53.285
201704 27.073 103.167 33.962
201707 28.764 103.278 36.045
201710 30.517 104.070 37.950
201801 51.797 104.578 64.101
201804 31.596 105.708 38.683
201807 33.060 106.324 40.241
201810 34.336 106.695 41.649
201901 53.979 106.200 65.781
201904 33.672 107.818 40.418
201907 35.397 108.250 42.319
201910 36.817 108.577 43.884
202001 57.322 108.841 68.160
202004 32.880 108.173 39.338
202007 37.810 109.318 44.763
202010 44.949 109.861 52.951
202101 64.034 110.364 75.090
202104 45.333 112.673 52.071
202107 46.871 115.183 52.664
202110 47.812 116.696 53.025
202201 68.616 118.619 74.863
202204 46.616 121.978 49.460
202207 45.683 125.002 47.297
202210 46.804 125.734 48.176
202301 66.344 126.223 68.024
202304 43.051 127.992 43.531
202307 43.758 128.974 43.909
202310 44.691 129.810 44.557
202401 67.587 129.419 67.587

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.


Best Buy Co  (NYSE:BBY) 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.


Best Buy Co Cyclically Adjusted PS Ratio Related Terms

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


Best Buy Co (Best Buy Co) Business Description

Traded in Other Exchanges
Address
7601 Penn Avenue South, Richfield, MN, USA, 55423
With $46.3 billion in consolidated fiscal 2023 sales, Best Buy is the largest pure-play consumer electronics retailer in the U.S., boasting roughly 8.5% share of the U.S. market and north of 35% share of offline sales, per our calculations, CTA, and Euromonitor data. The firm generates the bulk of its sales in-store, with mobile phones and tablets, computers, and appliances representing its three largest categories. Recent investments in e-commerce fulfillment, accelerated by the COVID-19 pandemic, have seen the U.S. e-commerce channel roughly double from prepandemic levels, with management estimating that it will represent a mid-30% proportion of sales moving forward.
Executives
Richard M Schulze 10 percent owner BEST BUY CO INC, 7075 FLYING CLOUD DRIVE, EDEN PRAIRIE MN 55344
Todd G. Hartman officer: GC, Chief Risk/Comp Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
David C Kimbell director 8410 W. BRYN MAWR, CHICAGO IL 60631
Kathleen Scarlett officer: Chief Human Resources Officer 7601 PENN AVE S, RICHFIELD MN 55423
Jason J Bonfig officer: Chief Merchandising Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Matthew M Bilunas officer: Chief Financial Officer C/O BEST BUY CO., INC., 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Barry Corie S officer: CFO 7601 PENN AVE S., RICHFIELD MN 55423
Mathew Watson officer: VP, Finance - Contr. & CAO 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Damien Harmon officer: Pres., Omnichannel Ops & Serv 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Sima Sistani director 675 AVENUE OF THE AMERICAS, 6TH FLOOR, NEW YORK NY 10010
Melinda D Whittington director THREE LAKES DRIVE, NORTHFIELD IL 60093
Deborah Disanzo officer: President, Best Buy Health 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Allison Peterson officer: Chief Customer Officer 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423
Brian A Tilzer officer: Chief Digital & Tech Officer CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Mark A Irvin officer: Chief Supply Chain Officer 7601 PENN AVENUE, RICHFIELD MN 55423

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