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Cheesecake Factory (Cheesecake Factory) Cyclically Adjusted PS Ratio : 0.61 (As of May. 19, 2024)


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What is Cheesecake Factory Cyclically Adjusted PS Ratio?

As of today (2024-05-19), Cheesecake Factory's current share price is $38.44. Cheesecake Factory's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $62.70. Cheesecake Factory's Cyclically Adjusted PS Ratio for today is 0.61.

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

CAKE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.22   Max: 1.94
Current: 0.61

During the past years, Cheesecake Factory's highest Cyclically Adjusted PS Ratio was 1.94. The lowest was 0.35. And the median was 1.22.

CAKE's Cyclically Adjusted PS Ratio is ranked better than
60.82% of 245 companies
in the Restaurants industry
Industry Median: 0.79 vs CAKE: 0.61

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.

Cheesecake Factory's adjusted revenue per share data for the three months ended in Mar. 2024 was $18.315. 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 $62.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheesecake Factory Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cheesecake Factory'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.

Cheesecake Factory Cyclically Adjusted PS Ratio Chart

Cheesecake Factory 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 0.90 0.82 0.77 0.56 0.57

Cheesecake Factory 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 0.60 0.58 0.50 0.57 0.58

Competitive Comparison of Cheesecake Factory's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Cheesecake Factory'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.


Cheesecake Factory's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

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

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



Cheesecake Factory 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.

Cheesecake Factory's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=38.44/62.7
=0.61

* 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.

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

For example, Cheesecake Factory'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)
=18.315/131.7762*131.7762
=18.315

Current CPI (Mar. 2024) = 131.7762.

Cheesecake Factory Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.666 100.560 12.667
201409 9.794 100.428 12.851
201412 9.765 99.070 12.989
201503 10.136 99.621 13.408
201506 10.527 100.684 13.778
201509 10.401 100.392 13.653
201512 10.445 99.792 13.793
201603 11.066 100.470 14.514
201606 11.268 101.688 14.602
201609 11.380 101.861 14.722
201612 12.391 101.863 16.030
201703 11.449 102.862 14.667
201706 11.619 103.349 14.815
201709 11.688 104.136 14.790
201712 12.202 104.011 15.459
201803 12.554 105.290 15.712
201806 12.651 106.317 15.681
201809 12.404 106.507 15.347
201812 12.815 105.998 15.932
201903 13.327 107.251 16.375
201906 13.456 108.070 16.408
201909 13.274 108.329 16.147
201912 15.684 108.420 19.063
202003 14.052 108.902 17.004
202006 6.743 108.767 8.169
202009 11.793 109.815 14.151
202012 12.624 109.897 15.137
202103 14.198 111.754 16.742
202106 16.439 114.631 18.898
202109 14.761 115.734 16.807
202112 15.225 117.630 17.056
202203 15.559 121.301 16.903
202206 16.349 125.017 17.233
202209 15.790 125.227 16.616
202212 18.025 125.222 18.968
202303 17.400 127.348 18.005
202306 17.646 128.729 18.064
202309 16.948 129.860 17.198
202312 18.042 129.419 18.371
202403 18.315 131.776 18.315

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.


Cheesecake Factory  (NAS:CAKE) 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.


Cheesecake Factory Cyclically Adjusted PS Ratio Related Terms

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


Cheesecake Factory (Cheesecake Factory) Business Description

Traded in Other Exchanges
Address
26901 Malibu Hills Road, Calabasas Hills, CA, USA, 91301
Cheesecake Factory owns and operates restaurants in the United States and Canada under brands that include The Cheesecake Factory, North Italia, and a collection within the Fox Restaurants Concepts subsidiary. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, other FRC, and Flower Child. Majority of the company's revenue comes from The Cheesecake Factory restaurants segment.
Executives
Ashley W Hanscom officer: PRINCIPAL ACCOUNTING OFFICER 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
Adam S. Gordon director 26901 MALIBU HILLS ROAD, CALABASAS CA 91301
Edie A Ames director C/O MORTONS RESTATURANT GROUP, INC., 325 LASALLE STREET, SUITE 500, CHICAGO IL 60610
David Bruce Pittaway director 150 E 58TH ST, STE 3700, NEW YORK NY 10155
Khanh Collins director 22825 QUEENSBRIDGE DRIVE, ASHBURN VA 20148
Matthew Eliot Clark officer: VP, Strategic Planning 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
David M Gordon officer: President C/O THE CHEESECAKE FACTORY INCORPORATED, 26901 MALIBU HILLS DRIVE, CALABASAS HILLS CA 91301
Cheryl Slomann officer: Principal Accounting Officer 6450 VIA REAL, CURPINTERIA CA 93013
David Overton director, officer: Chairman and C.E.O.
Keith Carango officer: President (Subsidiary) 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301
Paul D. Ginsberg director C/O ROARK CAPITAL, 1180 PEACHTREE STREET NE, SUITE 2500, ATLANTA GA 30309
Rc Cake Holdings Llc 10 percent owner 1180 PEACHTREE STREET NE, SUITE 2500, ATLANTA GA 30309
Janice L. Meyer director 26901 MALIBU HILLS ROAD, CALABASAS CA 91301
Laurence B Mindel director IL FORNAIO AMERICA CORP, 770 TAMAPAIS DR STE 400, CORTE MADERA CA 94925
Alexander L Cappello director C/O THE CHEESECAKE FACTORY INC, 26901 MALIBU HILLS ROAD, CALABASAS HILLS CA 91301