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PulteGroup (BSP:P1HM34) Cyclically Adjusted PS Ratio : 2.92 (As of Jun. 01, 2024)


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What is PulteGroup Cyclically Adjusted PS Ratio?

As of today (2024-06-01), PulteGroup's current share price is R$582.92. PulteGroup's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$199.59. PulteGroup's Cyclically Adjusted PS Ratio for today is 2.92.

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

BSP:P1HM34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.38   Max: 2.71
Current: 2.5

During the past years, PulteGroup's highest Cyclically Adjusted PS Ratio was 2.71. The lowest was 0.46. And the median was 1.38.

BSP:P1HM34's Cyclically Adjusted PS Ratio is ranked worse than
90% of 80 companies
in the Homebuilding & Construction industry
Industry Median: 0.82 vs BSP:P1HM34: 2.50

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.

PulteGroup's adjusted revenue per share data for the three months ended in Mar. 2024 was R$92.093. 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 R$199.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PulteGroup Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PulteGroup'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.

PulteGroup Cyclically Adjusted PS Ratio Chart

PulteGroup 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 1.77 1.73 1.86 1.20 2.32

PulteGroup 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 1.47 1.86 1.71 2.32 2.57

Competitive Comparison of PulteGroup's Cyclically Adjusted PS Ratio

For the Residential Construction subindustry, PulteGroup'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.


PulteGroup's Cyclically Adjusted PS Ratio Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, PulteGroup's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



PulteGroup 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.

PulteGroup's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=582.92/199.59
=2.92

* 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.

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

For example, PulteGroup'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)
=92.093/131.7762*131.7762
=92.093

Current CPI (Mar. 2024) = 131.7762.

PulteGroup Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.575 100.560 9.927
201409 9.882 100.428 12.967
201412 13.489 99.070 17.942
201503 9.619 99.621 12.724
201506 10.937 100.684 14.314
201509 16.643 100.392 21.846
201512 22.752 99.792 30.044
201603 15.116 100.470 19.826
201606 17.706 101.688 22.945
201609 18.459 101.861 23.880
201612 25.601 101.863 33.119
201703 15.925 102.862 20.401
201706 21.227 103.349 27.066
201709 22.235 104.136 28.137
201712 31.397 104.011 39.778
201803 22.428 105.290 28.070
201806 33.805 106.317 41.900
201809 38.239 106.507 47.311
201812 41.570 105.998 51.680
201903 27.522 107.251 33.816
201906 34.573 108.070 42.157
201909 40.804 108.329 49.636
201912 45.624 108.420 55.452
202003 41.346 108.902 50.031
202006 50.024 108.767 60.606
202009 59.327 109.815 71.191
202012 61.177 109.897 73.357
202103 57.827 111.754 68.187
202106 64.294 114.631 73.910
202109 70.938 115.734 80.771
202112 93.491 117.630 104.735
202203 63.489 121.301 68.972
202206 82.408 125.017 86.864
202209 87.921 125.227 92.520
202212 116.826 125.222 122.941
202303 82.423 127.348 85.289
202306 91.010 128.729 93.165
202309 90.004 129.860 91.332
202312 97.534 129.419 99.310
202403 92.093 131.776 92.093

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.


PulteGroup  (BSP:P1HM34) 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.


PulteGroup Cyclically Adjusted PS Ratio Related Terms

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


PulteGroup (BSP:P1HM34) Business Description

Traded in Other Exchanges
Address
3350 Peachtree Road NE, Suite 1500, Atlanta, GA, USA, 30326
PulteGroup Inc is one of the largest homebuilders in the United States, operating in 42 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.

PulteGroup (BSP:P1HM34) Headlines

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