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BRP (TSX:DOO) Cyclically Adjusted PS Ratio : 1.22 (As of May. 23, 2024)


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What is BRP Cyclically Adjusted PS Ratio?

As of today (2024-05-23), BRP's current share price is C$91.42. BRP's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was C$74.88. BRP's Cyclically Adjusted PS Ratio for today is 1.22.

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

TSX:DOO' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.56   Max: 2.05
Current: 1.23

During the past years, BRP's highest Cyclically Adjusted PS Ratio was 2.05. The lowest was 1.11. And the median was 1.56.

TSX:DOO's Cyclically Adjusted PS Ratio is ranked worse than
65.43% of 1001 companies
in the Vehicles & Parts industry
Industry Median: 0.66 vs TSX:DOO: 1.23

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.

BRP's adjusted revenue per share data for the three months ended in Jan. 2024 was C$35.119. 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 C$74.88 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


BRP Cyclically Adjusted PS Ratio Historical Data

The historical data trend for BRP'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.

BRP Cyclically Adjusted PS Ratio Chart

BRP Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.08 1.76 1.13

BRP 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 1.76 1.53 1.74 1.30 1.13

Competitive Comparison of BRP's Cyclically Adjusted PS Ratio

For the Recreational Vehicles subindustry, BRP'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.


BRP's Cyclically Adjusted PS Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, BRP's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



BRP 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.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=91.42/74.88
=1.22

* 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.

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

For example, BRP'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)
=35.119/125.0724*125.0724
=35.119

Current CPI (Jan. 2024) = 125.0724.

BRP Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 6.378 98.920 8.064
201407 6.559 99.315 8.260
201410 7.721 99.473 9.708
201501 8.982 98.209 11.439
201504 7.553 99.710 9.474
201507 6.883 100.579 8.559
201510 8.628 100.500 10.738
201601 9.616 100.184 12.005
201604 8.077 101.370 9.966
201607 7.545 101.844 9.266
201610 9.624 102.002 11.801
201701 11.670 102.318 14.265
201704 8.742 103.029 10.612
201707 9.153 103.029 11.111
201710 11.767 103.424 14.230
201801 11.869 104.056 14.266
201804 11.164 105.320 13.258
201807 12.077 106.110 14.235
201810 14.137 105.952 16.688
201901 15.377 105.557 18.220
201904 13.641 107.453 15.878
201907 15.064 108.243 17.406
201910 18.096 107.927 20.971
202001 17.976 108.085 20.801
202004 14.039 107.216 16.377
202007 13.940 108.401 16.084
202010 18.689 108.638 21.516
202101 20.330 109.192 23.287
202104 20.645 110.851 23.294
202107 22.053 112.431 24.533
202110 19.012 113.695 20.915
202201 28.059 114.801 30.569
202204 21.878 118.357 23.119
202207 30.290 120.964 31.319
202210 33.759 121.517 34.747
202301 38.275 121.596 39.369
202304 30.212 123.571 30.579
202307 35.051 124.914 35.095
202310 31.713 125.310 31.653
202401 35.119 125.072 35.119

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.


BRP  (TSX:DOO) 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.


BRP Cyclically Adjusted PS Ratio Related Terms

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


BRP (TSX:DOO) Business Description

Industry
Traded in Other Exchanges
Address
726 Saint-Joseph Street, Valcourt, QC, CAN, J0E 2L0
BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after shuttering the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, acquiring boat manufacturers Alumacraft, Triton (which makes Manitou pontoon boats), and Telwater (in Australia). At the end of fiscal 2023, the company sold its products through a network of more than 2,600 independent dealers and 150 distributors in about 130 countries.

BRP (TSX:DOO) Headlines

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