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Rave Restaurant Group (Rave Restaurant Group) Cyclically Adjusted PS Ratio : 0.80 (As of May. 14, 2024)


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What is Rave Restaurant Group Cyclically Adjusted PS Ratio?

As of today (2024-05-14), Rave Restaurant Group's current share price is $1.88. Rave Restaurant Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $2.34. Rave Restaurant Group's Cyclically Adjusted PS Ratio for today is 0.80.

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

RAVE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.51   Max: 2.84
Current: 0.81

During the past years, Rave Restaurant Group's highest Cyclically Adjusted PS Ratio was 2.84. The lowest was 0.11. And the median was 0.51.

RAVE's Cyclically Adjusted PS Ratio is ranked worse than
51.02% of 245 companies
in the Restaurants industry
Industry Median: 0.77 vs RAVE: 0.81

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.

Rave Restaurant Group's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.201. 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 $2.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rave Restaurant Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Rave Restaurant Group'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.

Rave Restaurant Group Cyclically Adjusted PS Ratio Chart

Rave Restaurant Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.20 0.44 0.35 0.75

Rave Restaurant Group 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 0.52 0.75 0.92 0.91 0.94

Competitive Comparison of Rave Restaurant Group's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Rave Restaurant Group'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.


Rave Restaurant Group's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

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

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



Rave Restaurant Group 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.

Rave Restaurant Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1.88/2.34
=0.80

* 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.

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

For example, Rave Restaurant Group'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)
=0.201/129.4194*129.4194
=0.201

Current CPI (Mar. 2024) = 129.4194.

Rave Restaurant Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.083 100.560 1.394
201409 1.062 100.428 1.369
201412 1.042 99.070 1.361
201503 1.032 99.621 1.341
201506 1.178 100.684 1.514
201509 1.230 100.392 1.586
201512 1.318 99.792 1.709
201603 1.372 100.470 1.767
201606 1.332 101.688 1.695
201609 1.458 101.861 1.852
201612 0.636 101.863 0.808
201703 0.610 102.862 0.767
201706 0.499 103.349 0.625
201709 0.487 104.136 0.605
201712 0.293 104.011 0.365
201803 0.178 105.290 0.219
201806 0.144 106.317 0.175
201809 0.188 106.507 0.228
201812 0.201 105.998 0.245
201903 0.204 107.251 0.246
201906 0.200 108.070 0.240
201909 0.181 108.329 0.216
201912 0.178 108.420 0.212
202003 0.179 108.902 0.213
202006 0.104 108.767 0.124
202009 0.117 109.815 0.138
202012 0.115 109.897 0.135
202103 0.116 111.754 0.134
202106 0.126 114.631 0.142
202109 0.136 115.734 0.152
202112 0.143 117.630 0.157
202203 0.142 121.301 0.152
202206 0.157 125.017 0.163
202209 0.181 125.227 0.187
202212 0.175 125.222 0.181
202303 0.210 127.348 0.213
202306 0.185 128.729 0.186
202309 0.209 129.860 0.208
202312 0.193 129.419 0.193
202403 0.201 129.419 0.201

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.


Rave Restaurant Group  (NAS:RAVE) 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.


Rave Restaurant Group Cyclically Adjusted PS Ratio Related Terms

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


Rave Restaurant Group (Rave Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
3551 Plano Parkway, The Colony, TX, USA, 75056
Rave Restaurant Group Inc operates and franchises pizza buffet, delivery/carry-out, and express restaurants. It operates restaurants under the brand name, Pizza Inn, and Pie Five Pizza Company. It has three operating segments. The Pizza Inn and Pie Five Franchising segments establish franchisees, licensees, and territorial rights. The company-owned restaurant segment includes sales and operating results for all company-owned restaurants. The Pizza Inn Franchising segment accounts for the company's revenue. Geographically, it generates the majority of the revenue from the United States.
Executives
Hallmark Insurance Co other: See Note 1 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Hallmark Specialty Insurance Co other: See Note 1 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
American Hallmark Insurance Co Of Texas other: See Explanation 777 MAIN STREET, SUITE 1000, FORT WORTH TX 76102
Brandon Solano officer: Chief Executive Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Mark E Schwarz director, 10 percent owner 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Clinton Dayne Fendley officer: Vice President - Finance 3551 PLANO PARKWAY, THE COLONY TX 75056
Burns Michael F Jr officer: Chief Operating Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Andrea K. Allen officer: Chief Acctg. & Admin. Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Robert W. Bafundo officer: President 3551 PLANO PARKWAY, THE COLONY TX 75056
Scott Crane officer: President & CEO 3551 PLANO PARKWAY, THE COLONY TX 75056
Brian Timothy Bares director 12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN TX 78738
Timothy E Mullany officer: Chief Financial Officer 3551 PLANO PARKWAY, THE COLONY TX 75056
Hammett William C Jr director CAMPBELL CENTRE, 8350 N CENTRAL EXPRESSWAY STE 1900, DALLAS TX 75206
Randall E. Gier officer: President & CEO 3551 PLANO PARKWAY, THE COLONY TX 75056
Clinton J Coleman director C/O NEWCASTLE CAPITAL MANAGEMENT, L.P., 200 CRESCENT COURT, SUITE 1400, DALLAS TX 75201

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