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Texas Roadhouse (Texas Roadhouse) Cyclically Adjusted PS Ratio : 3.48 (As of Apr. 28, 2024)


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What is Texas Roadhouse Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Texas Roadhouse's current share price is $157.46. Texas Roadhouse's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $45.20. Texas Roadhouse's Cyclically Adjusted PS Ratio for today is 3.48.

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

TXRH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.31   Med: 2.44   Max: 3.6
Current: 3.48

During the past years, Texas Roadhouse's highest Cyclically Adjusted PS Ratio was 3.60. The lowest was 1.31. And the median was 2.44.

TXRH's Cyclically Adjusted PS Ratio is ranked worse than
90.04% of 241 companies
in the Restaurants industry
Industry Median: 0.79 vs TXRH: 3.48

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 Dec. 2023 was $17.363. 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 $45.20 for the trailing ten years ended in Dec. 2023.

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
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.30 2.62 2.62 2.17 2.70

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
=157.46/45.2
=3.48

* 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 Dec. 2023 is calculated as:

For example, Texas Roadhouse's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.363/129.4194*129.4194
=17.363

Current CPI (Dec. 2023) = 129.4194.

Texas Roadhouse Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 5.587 99.695 7.253
201406 5.602 100.560 7.210
201409 5.472 100.428 7.052
201412 5.735 99.070 7.492
201503 6.525 99.621 8.477
201506 6.436 100.684 8.273
201509 6.193 100.392 7.984
201512 6.393 99.792 8.291
201603 7.286 100.470 9.385
201606 7.179 101.688 9.137
201609 6.785 101.861 8.621
201612 6.778 101.863 8.612
201703 7.958 102.862 10.013
201706 7.927 103.349 9.927
201709 7.556 104.136 9.391
201712 7.596 104.011 9.452
201803 8.742 105.290 10.745
201806 8.752 106.317 10.654
201809 8.258 106.507 10.035
201812 8.399 105.998 10.255
201903 9.567 107.251 11.545
201906 9.617 108.070 11.517
201909 9.301 108.329 11.112
201912 10.390 108.420 12.402
202003 9.342 108.902 11.102
202006 6.869 108.767 8.173
202009 9.030 109.815 10.642
202012 9.103 109.897 10.720
202103 11.415 111.754 13.219
202106 12.810 114.631 14.463
202109 12.388 115.734 13.853
202112 12.804 117.630 14.087
202203 14.234 121.301 15.187
202206 15.092 125.017 15.623
202209 14.790 125.227 15.285
202212 15.009 125.222 15.512
202303 17.451 127.348 17.735
202306 17.421 128.729 17.514
202309 16.739 129.860 16.682
202312 17.363 129.419 17.363

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  (NAS:TXRH) 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 (Texas Roadhouse) 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.
Executives
Christopher C. Colson officer: General Counsel 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Gerald L. Morgan officer: President 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Gregory N Moore director 6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205
Wayne L. Jones director 7755 CENTER AVENUE, SUITE 300, HUNTINGTON BEACH CA 92647
David Christopher Monroe officer: Chief Financial Officer 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
S. Chris Jacobsen officer: Chief Marketing Officer 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Kathy Widmer director C/O ELIZABETH ARDEN, INC., 2400 S.W. 145 AVENUE, MIRAMAR FL 33027
Regina A. Tobin officer: Chief Learning & Culture Offcr 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Hernan E. Mujica officer: Chief Information Officer 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Keith Humpich officer: Interim Chief Financial Offcr. 6040 DUTCHMANS LANE, LOUISIVILLE KY 40205
James R Zarley director 4360 PARK TERRACE, SUITE 100, WESTLAKE VILLAGE CA 91361
Tonya Robinson officer: CFO 6040 DUTCHMANS LANE, SUITE 400, LOUISVILLE KY 40205
Curtis Warfield director 6040 DUTCHMANS LANE, LOUISVILLE KY 40205
Donna E Epps director 11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Wayne Kent Taylor director, 10 percent owner, officer: Chairman of Company & Board 6040 DUTCHMANS LANE, SUITE 200, LOUISVILLE KY 40205

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