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Carter's (FRA:HCH) Cyclically Adjusted PS Ratio : 0.78 (As of Jun. 05, 2024)


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What is Carter's Cyclically Adjusted PS Ratio?

As of today (2024-06-05), Carter's's current share price is €61.50. Carter's's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €79.11. Carter's's Cyclically Adjusted PS Ratio for today is 0.78.

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

FRA:HCH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.87   Max: 3.07
Current: 0.79

During the past years, Carter's's highest Cyclically Adjusted PS Ratio was 3.07. The lowest was 0.77. And the median was 1.87.

FRA:HCH's Cyclically Adjusted PS Ratio is ranked worse than
62.24% of 768 companies
in the Retail - Cyclical industry
Industry Median: 0.49 vs FRA:HCH: 0.79

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.

Carter's's adjusted revenue per share data for the three months ended in Mar. 2024 was €16.968. 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 €79.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carter's Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Carter's'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.

Carter's Cyclically Adjusted PS Ratio Chart

Carter's 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 1.85 1.48 1.41 0.94 0.89

Carter's 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 0.88 0.88 0.82 0.89 0.99

Competitive Comparison of Carter's's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Carter's'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.


Carter's's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Carter's 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.50/79.11
=0.78

* 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.

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

For example, Carter's'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)
=16.968/131.7762*131.7762
=16.968

Current CPI (Mar. 2024) = 131.7762.

Carter's Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 7.928 100.560 10.389
201409 11.736 100.428 15.399
201412 13.407 99.070 17.833
201503 12.026 99.621 15.908
201506 10.390 100.684 13.599
201509 14.492 100.392 19.023
201512 15.321 99.792 20.231
201603 12.591 100.470 16.514
201606 11.245 101.688 14.572
201609 16.068 101.861 20.787
201612 17.971 101.863 23.248
201703 14.018 102.862 17.958
201706 12.717 103.349 16.215
201709 16.625 104.136 21.038
201712 18.306 104.011 23.193
201803 12.934 105.290 16.188
201806 12.694 106.317 15.734
201809 17.035 106.507 21.077
201812 20.859 105.998 25.932
201903 14.455 107.251 17.761
201906 14.431 108.070 17.597
201909 19.277 108.329 23.449
201912 22.510 108.420 27.359
202003 13.661 108.902 16.530
202006 10.557 108.767 12.790
202009 16.942 109.815 20.330
202012 18.750 109.897 22.483
202103 15.204 111.754 17.928
202106 14.204 114.631 16.328
202109 17.436 115.734 19.853
202112 22.664 117.630 25.390
202203 17.582 121.301 19.100
202206 16.835 125.017 17.745
202209 21.619 125.227 22.750
202212 22.986 125.222 24.189
202303 17.513 127.348 18.122
202306 15.044 128.729 15.400
202309 20.355 129.860 20.655
202312 21.855 129.419 22.253
202403 16.968 131.776 16.968

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.


Carter's  (FRA:HCH) 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.


Carter's Cyclically Adjusted PS Ratio Related Terms

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


Carter's (FRA:HCH) Business Description

Traded in Other Exchanges
Address
3438 Peachtree Road North East, Phipps Tower, Suite 1800, Atlanta, GA, USA, 30326
Carter's Inc makes apparel for babies and children under brand names including Carter's and OshKosh B'gosh. It sells its products through a multi-channel business model, which includes retail stores, eCommerce, and wholesale sales channels, as well as retail omnichannel capabilities in the United States and Canada, which enables it to reach a broad range of consumers around the world. The company operates in three segments; U.S. Retail, U.S. Wholesale, and International. The majority of Carter's sales are in the U.S. and through Carter's brand. The company predominantly sources products through contract manufacturers in Asia. It has multiple distribution centers in the U.S., in addition to distribution centers in Canada and Asia that serve international customers.

Carter's (FRA:HCH) Headlines

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