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United Parks & Resorts (United Parks & Resorts) Cyclically Adjusted PS Ratio : 2.50 (As of May. 02, 2024)


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What is United Parks & Resorts Cyclically Adjusted PS Ratio?

As of today (2024-05-02), United Parks & Resorts's current share price is $49.96. United Parks & Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $20.01. United Parks & Resorts's Cyclically Adjusted PS Ratio for today is 2.50.

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

PRKS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.07   Med: 2.97   Max: 4.25
Current: 2.44

During the past years, United Parks & Resorts's highest Cyclically Adjusted PS Ratio was 4.25. The lowest was 2.07. And the median was 2.97.

PRKS's Cyclically Adjusted PS Ratio is ranked worse than
68.03% of 635 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs PRKS: 2.44

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.

United Parks & Resorts's adjusted revenue per share data for the three months ended in Dec. 2023 was $6.012. 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 $20.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parks & Resorts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for United Parks & Resorts'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.

United Parks & Resorts Cyclically Adjusted PS Ratio Chart

United Parks & Resorts 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 - - 3.78 2.84 2.64

United Parks & Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.84 3.18 2.85 2.33 2.64

Competitive Comparison of United Parks & Resorts's Cyclically Adjusted PS Ratio

For the Leisure subindustry, United Parks & Resorts'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.


United Parks & Resorts's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, United Parks & Resorts's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where United Parks & Resorts's Cyclically Adjusted PS Ratio falls into.



United Parks & Resorts 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.

United Parks & Resorts's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=49.96/20.01
=2.50

* 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.

United Parks & Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, United Parks & Resorts's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.012/129.4194*129.4194
=6.012

Current CPI (Dec. 2023) = 129.4194.

United Parks & Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.401 99.695 3.117
201406 4.647 100.560 5.981
201409 5.698 100.428 7.343
201412 3.041 99.070 3.973
201503 2.492 99.621 3.237
201506 4.538 100.684 5.833
201509 5.772 100.392 7.441
201512 3.140 99.792 4.072
201603 2.627 100.470 3.384
201606 4.348 101.688 5.534
201609 5.680 101.861 7.217
201612 3.136 101.863 3.984
201703 2.183 102.862 2.747
201706 4.359 103.349 5.459
201709 5.073 104.136 6.305
201712 3.083 104.011 3.836
201803 2.519 105.290 3.096
201806 4.511 106.317 5.491
201809 5.519 106.507 6.706
201812 3.235 105.998 3.950
201903 2.646 107.251 3.193
201906 4.941 108.070 5.917
201909 6.011 108.329 7.181
201912 3.774 108.420 4.505
202003 1.963 108.902 2.333
202006 0.231 108.767 0.275
202009 1.358 109.815 1.600
202012 1.967 109.897 2.316
202103 2.191 111.754 2.537
202106 5.485 114.631 6.193
202109 6.519 115.734 7.290
202112 4.748 117.630 5.224
202203 3.579 121.301 3.819
202206 6.995 125.017 7.241
202209 8.365 125.227 8.645
202212 6.033 125.222 6.235
202303 4.585 127.348 4.660
202306 7.708 128.729 7.749
202309 8.524 129.860 8.495
202312 6.012 129.419 6.012

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.


United Parks & Resorts  (NYSE:PRKS) 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.


United Parks & Resorts Cyclically Adjusted PS Ratio Related Terms

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


United Parks & Resorts (United Parks & Resorts) Business Description

Traded in Other Exchanges
N/A
Address
6240 Sea Harbor Drive, Orlando, FL, USA, 32821
SeaWorld Entertainment Inc operates in the United States leisure industry. Its core business is the operation of theme parks and such entertainment facilities involving sea animals across the country under prominent brands such as SeaWorld, Sea Rescue, and Busch Gardens. Seaworld also operates a reservations-only attraction offering interaction with marine animals known as Discovery Cove and a seasonal park under the name Sesame Place. The company generates most of its revenue from selling admission to the theme parks.
Executives
Kyle Robert Miller officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Shekufeh Boyle officer: Chief Accounting Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Swanson Marc officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
George Anthony Taylor officer: See Remarks C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
William Gray director 355 MAPLE AVENUE, HARLEYSVILLE PA 19438
Byron Surrett officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher Dold officer: Chief Zoological Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Forrester James W Jr officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Christopher L. Finazzo officer: Chief Commercial Officer C/O SEAWORLD ENTERTAINMENT, INC., 6240 SEA HARBOR DR, ORLANDO FL 32821
Michelle F Adams officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
James Clark Hughes officer: Chief Human Resources Officer 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Daniel C Mayer officer: See Remarks 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Timothy Hartnett director 6240 SEA HARBOR DRIVE, ORLANDO FL 32821
Elizabeth Gulacsy officer: Chief Accounting Officer C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Sharon P Nadeau officer: Chief Human Resources Officer 6240 SEA HARBOR DR, ORLANDO FL 32821