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Steven Madden (FRA:SJM) Cyclically Adjusted PS Ratio : 1.93 (As of Jun. 09, 2024)


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What is Steven Madden Cyclically Adjusted PS Ratio?

As of today (2024-06-09), Steven Madden's current share price is €41.20. Steven Madden's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €21.35. Steven Madden's Cyclically Adjusted PS Ratio for today is 1.93.

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

FRA:SJM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.33   Max: 3.76
Current: 1.88

During the past years, Steven Madden's highest Cyclically Adjusted PS Ratio was 3.76. The lowest was 1.24. And the median was 2.33.

FRA:SJM's Cyclically Adjusted PS Ratio is ranked worse than
79.72% of 868 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.635 vs FRA:SJM: 1.88

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.

Steven Madden's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.974. 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 €21.35 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steven Madden Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Steven Madden'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.

Steven Madden Cyclically Adjusted PS Ratio Chart

Steven Madden 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 2.76 2.13 2.47 1.51 1.84

Steven Madden 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 1.65 1.47 1.40 1.84 1.79

Competitive Comparison of Steven Madden's Cyclically Adjusted PS Ratio

For the Footwear & Accessories subindustry, Steven Madden'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.


Steven Madden's Cyclically Adjusted PS Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Steven Madden's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Steven Madden 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.

Steven Madden's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=41.20/21.35
=1.93

* 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.

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

For example, Steven Madden'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)
=6.974/131.7762*131.7762
=6.974

Current CPI (Mar. 2024) = 131.7762.

Steven Madden Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 2.259 100.560 2.960
201409 3.208 100.428 4.209
201412 2.980 99.070 3.964
201503 3.215 99.621 4.253
201506 3.130 100.684 4.097
201509 4.022 100.392 5.279
201512 3.510 99.792 4.635
201603 3.272 100.470 4.292
201606 3.232 101.688 4.188
201609 4.089 101.861 5.290
201612 3.609 101.863 4.669
201703 3.924 102.862 5.027
201706 3.844 103.349 4.901
201709 4.273 104.136 5.407
201712 3.766 104.011 4.771
201803 3.669 105.290 4.592
201806 3.927 106.317 4.867
201809 4.539 106.507 5.616
201812 4.463 105.998 5.548
201903 4.367 107.251 5.366
201906 4.745 108.070 5.786
201909 5.486 108.329 6.673
201912 4.530 108.420 5.506
202003 4.121 108.902 4.987
202006 1.615 108.767 1.957
202009 3.749 109.815 4.499
202012 3.692 109.897 4.427
202103 3.703 111.754 4.366
202106 4.024 114.631 4.626
202109 5.528 115.734 6.294
202112 6.301 117.630 7.059
202203 6.380 121.301 6.931
202206 6.430 125.017 6.778
202209 7.264 125.227 7.644
202212 5.805 125.222 6.109
202303 5.711 127.348 5.910
202306 5.489 128.729 5.619
202309 6.992 129.860 7.095
202312 6.483 129.419 6.601
202403 6.974 131.776 6.974

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.


Steven Madden  (FRA:SJM) 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.


Steven Madden Cyclically Adjusted PS Ratio Related Terms

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


Steven Madden (FRA:SJM) Business Description

Traded in Other Exchanges
Address
52-16 Barnett Avenue, Long Island City, NY, USA, 11104
Steven Madden Ltd designs and sells brand-name and private-label footwear and accessories. Its products are geared toward fashion-conscious adults and children. The company sells its products through department stores and other retailers as well as its own stores and websites. Nearly all of the company's revenue comes from three of its segments. The wholesale footwear segment accounts for the majority of revenue.