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Sally Beauty Holdings (Sally Beauty Holdings) Cyclically Adjusted PS Ratio : 0.33 (As of Jun. 04, 2024)


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What is Sally Beauty Holdings Cyclically Adjusted PS Ratio?

As of today (2024-06-04), Sally Beauty Holdings's current share price is $12.065. Sally Beauty Holdings's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $36.40. Sally Beauty Holdings's Cyclically Adjusted PS Ratio for today is 0.33.

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

SBH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.7   Max: 1.92
Current: 0.34

During the past years, Sally Beauty Holdings's highest Cyclically Adjusted PS Ratio was 1.92. The lowest was 0.20. And the median was 0.70.

SBH's Cyclically Adjusted PS Ratio is ranked better than
61.75% of 766 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs SBH: 0.34

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.

Sally Beauty Holdings's adjusted revenue per share data for the three months ended in Mar. 2024 was $8.483. 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 $36.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sally Beauty Holdings Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sally Beauty Holdings'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.

Sally Beauty Holdings Cyclically Adjusted PS Ratio Chart

Sally Beauty Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.32 0.56 0.37 0.24

Sally Beauty Holdings 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 0.45 0.35 0.24 0.37 0.34

Competitive Comparison of Sally Beauty Holdings's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Sally Beauty Holdings'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.


Sally Beauty Holdings's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Sally Beauty Holdings's Cyclically Adjusted PS Ratio falls into.



Sally Beauty Holdings 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.

Sally Beauty Holdings's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=12.065/36.4
=0.33

* 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.

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

For example, Sally Beauty Holdings'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)
=8.483/131.7762*131.7762
=8.483

Current CPI (Mar. 2024) = 131.7762.

Sally Beauty Holdings Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.841 100.560 7.654
201409 5.995 100.428 7.866
201412 6.083 99.070 8.091
201503 5.875 99.621 7.771
201506 6.083 100.684 7.961
201509 6.170 100.392 8.099
201512 6.548 99.792 8.647
201603 6.606 100.470 8.664
201606 6.752 101.688 8.750
201609 6.652 101.861 8.606
201612 6.901 101.863 8.928
201703 6.839 102.862 8.761
201706 7.330 103.349 9.346
201709 7.448 104.136 9.425
201712 7.734 104.011 9.799
201803 7.799 105.290 9.761
201806 8.188 106.317 10.149
201809 8.050 106.507 9.960
201812 8.179 105.998 10.168
201903 7.818 107.251 9.606
201906 8.061 108.070 9.829
201909 8.161 108.329 9.927
201912 8.367 108.420 10.169
202003 7.522 108.902 9.102
202006 6.282 108.767 7.611
202009 8.506 109.815 10.207
202012 8.223 109.897 9.860
202103 8.101 111.754 9.552
202106 8.896 114.631 10.227
202109 8.685 115.734 9.889
202112 8.601 117.630 9.635
202203 8.245 121.301 8.957
202206 8.859 125.017 9.338
202209 8.875 125.227 9.339
202212 8.743 125.222 9.201
202303 8.374 127.348 8.665
202306 8.489 128.729 8.690
202309 8.469 129.860 8.594
202312 8.566 129.419 8.722
202403 8.483 131.776 8.483

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.


Sally Beauty Holdings  (NYSE:SBH) 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.


Sally Beauty Holdings Cyclically Adjusted PS Ratio Related Terms

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


Sally Beauty Holdings (Sally Beauty Holdings) Business Description

Traded in Other Exchanges
Address
3001 Colorado Boulevard, Denton, TX, USA, 76210
Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.
Executives
Denise Paulonis director, officer: President & CEO 8000 BENT BRANCH DRIVE, IRVING TX 75063
Lawrence Molloy director 19601 N 27TH AVENUE, PHOENIX AZ 85027
Rachel Rothe Bishop director 2021 SPRING ROAD, SUITE 600, OAKBROOK IL 60523
Jeffrey N Boyer director 100 PIER 1 PLACE, FORT WORTH TX 76102
Susan R Mulder director 3001 COLORADO BLVD., DENTON TX 76210
Scott C Sherman officer: SVP & CHRO 3001 COLORADO BLVD., DENTON TX 76210
Robert R Mcmaster director, other: Chairman of the Board 907-B EAST MAIN STREET, HUMBLE TX 77338-4662
Platz Marlo Michelle Cormier officer: SVP, CFO 2180 RUTHERFORD ROAD, CARLSBAD CA 92008
John A Miller director 3001 COLORADO BLVD, DENTON TX 76210
Marshall E Eisenberg director TWO NORTH LASALLE STREET, CHICAGO IL 60602
Edward W Rabin director 200 WEST MADISON STE.3900, CHICAGO IL 60606
Pamela K Kohn officer: See Remarks 3001 COLORADO BLVD, DENTON TX 76210
Mark Gregory Spinks officer: See Remarks 3001 COLORADO BLVD., DENTON TX 76210
Linda Heasley director 4 BATTERYMARCH PARK, QUINCY MA 02169
John M Henrich officer: See Remarks 3001 COLORADO BLVD, DENTON TX 76210