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Gap (STU:GAP) Cyclically Adjusted PS Ratio : 0.44 (As of May. 20, 2024)


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What is Gap Cyclically Adjusted PS Ratio?

As of today (2024-05-20), Gap's current share price is €19.846. Gap's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was €44.93. Gap's Cyclically Adjusted PS Ratio for today is 0.44.

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

STU:GAP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.74   Max: 1.91
Current: 0.45

During the past years, Gap's highest Cyclically Adjusted PS Ratio was 1.91. The lowest was 0.15. And the median was 0.74.

STU:GAP's Cyclically Adjusted PS Ratio is ranked better than
51.9% of 763 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs STU:GAP: 0.45

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.

Gap's adjusted revenue per share data for the three months ended in Jan. 2024 was €10.248. 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 €44.93 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gap Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Gap'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.

Gap Cyclically Adjusted PS Ratio Chart

Gap Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.45 0.50 0.41 0.29

Gap Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.29 0.20 0.22 0.27 0.39

Competitive Comparison of Gap's Cyclically Adjusted PS Ratio

For the Apparel Retail subindustry, Gap'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.


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

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

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



Gap 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.846/44.93
=0.44

* 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.

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

For example, Gap's adjusted Revenue per Share data for the three months ended in Jan. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=10.248/130.1244*130.1244
=10.248

Current CPI (Jan. 2024) = 130.1244.

Gap Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 6.058 100.023 7.881
201407 6.641 100.520 8.597
201410 7.171 100.176 9.315
201501 9.471 98.604 12.499
201504 7.970 99.824 10.389
201507 8.477 100.691 10.955
201510 8.423 100.346 10.923
201601 10.071 99.957 13.110
201604 7.591 100.947 9.785
201607 8.735 101.524 11.196
201610 8.621 101.988 10.999
201701 10.356 102.456 13.153
201704 8.024 103.167 10.121
201707 8.318 103.278 10.480
201710 8.311 104.070 10.392
201801 9.969 104.578 12.404
201804 7.845 105.708 9.657
201807 8.966 106.324 10.973
201810 9.192 106.695 11.211
201901 10.601 106.200 12.989
201904 8.657 107.818 10.448
201907 9.426 108.250 11.331
201910 9.612 108.577 11.520
202001 11.230 108.841 13.426
202004 5.211 108.173 6.268
202007 7.618 109.318 9.068
202010 8.934 109.861 10.582
202101 9.634 110.364 11.359
202104 8.666 112.673 10.008
202107 9.229 115.183 10.426
202110 9.040 116.696 10.080
202201 10.610 118.619 11.639
202204 8.702 121.978 9.283
202207 10.331 125.002 10.754
202210 11.201 125.734 11.592
202301 10.729 126.223 11.061
202304 8.141 127.992 8.277
202307 8.645 128.974 8.722
202310 9.513 129.810 9.536
202401 10.248 130.124 10.248

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.


Gap  (STU:GAP) 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.


Gap Cyclically Adjusted PS Ratio Related Terms

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


Gap (STU:GAP) Business Description

Traded in Other Exchanges
Address
Two Folsom Street, San Francisco, CA, USA, 94105
Gap retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates approximately 2,600 stores in North America, Europe, and Asia and franchises more than 900 stores in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.

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