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Dick's Sporting Goods (Dick's Sporting Goods) Cyclically Adjusted PS Ratio : 1.89 (As of Apr. 27, 2024)


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What is Dick's Sporting Goods Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Dick's Sporting Goods's current share price is $207.12. Dick's Sporting Goods's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $109.48. Dick's Sporting Goods's Cyclically Adjusted PS Ratio for today is 1.89.

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

DKS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.25   Med: 1.07   Max: 2.05
Current: 1.87

During the past years, Dick's Sporting Goods's highest Cyclically Adjusted PS Ratio was 2.05. The lowest was 0.25. And the median was 1.07.

DKS's Cyclically Adjusted PS Ratio is ranked worse than
84.31% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs DKS: 1.87

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.

Dick's Sporting Goods's adjusted revenue per share data for the three months ended in Jan. 2024 was $46.723. 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 $109.48 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dick's Sporting Goods Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dick's Sporting Goods'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.

Dick's Sporting Goods Cyclically Adjusted PS Ratio Chart

Dick's Sporting Goods 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 0.65 0.90 1.34 1.33 1.36

Dick's Sporting Goods 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 1.33 1.43 1.35 1.00 1.36

Competitive Comparison of Dick's Sporting Goods's Cyclically Adjusted PS Ratio

For the Specialty Retail subindustry, Dick's Sporting Goods'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.


Dick's Sporting Goods's Cyclically Adjusted PS Ratio Distribution in the Retail - Cyclical Industry

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

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



Dick's Sporting Goods 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.

Dick's Sporting Goods's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=207.12/109.48
=1.89

* 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.

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

For example, Dick's Sporting Goods'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)
=46.723/129.4194*129.4194
=46.723

Current CPI (Jan. 2024) = 129.4194.

Dick's Sporting Goods Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 11.664 100.023 15.092
201407 13.862 100.520 17.847
201410 12.722 100.176 16.436
201501 18.038 98.604 23.675
201504 13.164 99.824 17.067
201507 15.475 100.691 19.890
201510 14.099 100.346 18.184
201601 19.657 99.957 25.451
201604 14.658 100.947 18.792
201607 17.552 101.524 22.375
201610 16.189 101.988 20.543
201701 22.244 102.456 28.098
201704 16.384 103.167 20.553
201707 19.847 103.278 24.871
201710 18.374 104.070 22.850
201801 25.507 104.578 31.566
201804 18.695 105.708 22.888
201807 21.864 106.324 26.613
201810 18.973 106.695 23.014
201901 26.098 106.200 31.804
201904 20.349 107.818 24.426
201907 25.271 108.250 30.213
201910 22.658 108.577 27.007
202001 30.378 108.841 36.122
202004 15.922 108.173 19.049
202007 30.547 109.318 36.164
202010 24.978 109.861 29.425
202101 31.484 110.364 36.920
202104 27.532 112.673 31.624
202107 29.970 115.183 33.674
202110 24.173 116.696 26.809
202201 30.650 118.619 33.441
202204 24.857 121.978 26.373
202207 31.004 125.002 32.100
202210 30.604 125.734 31.501
202301 39.353 126.223 40.350
202304 31.698 127.992 32.051
202307 37.146 128.974 37.274
202310 36.094 129.810 35.985
202401 46.723 129.419 46.723

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.


Dick's Sporting Goods  (NYSE:DKS) 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.


Dick's Sporting Goods Cyclically Adjusted PS Ratio Related Terms

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


Dick's Sporting Goods (Dick's Sporting Goods) Business Description

Traded in Other Exchanges
Address
345 Court Street, Coraopolis, PA, USA, 15108
Dick's Sporting Goods retails athletic apparel, footwear, and equipment for sports. Dick's operates digital platforms, about 725 stores under its namesake brand (including outlet stores), and about 135 specialty stores under the Golf Galaxy, Moosejaw, and Public Lands nameplates. Dick's carries private-label merchandise and national brands such as Nike, The North Face, Under Armour, Callaway Golf, and TaylorMade. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chairman and controlling shareholder Edward Stack.
Executives
Lawrence J Schorr director 200 PLAZA DRIVE, VESTAL NY 13850
Vladimir Rak officer: EVP, Chief Technology Officer 345 COURT STREET, CORAOPOLIS PA 15108
Julie Lodge-jarrett officer: SVP, Chief People Officer 345 COURT STREET, CORAOPOLIS PA 15108
Larry Jr. Fitzgerald director 345 COURT STREET, CORAOPOLIS PA 15108
Robert W. Eddy director 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
William Colombo Trustee U/a Dtd 10/05/2020 Edward W Stack Non-grantor Trust 10 percent owner 345 COURT STREET, CORAOPOLIS PA 15108
William J Colombo director
Sandeep Mathrani director
Navdeep Gupta officer: See Remarks 345 COURT STREET, CORAOPOLIS PA 15108
Hayes John Edward Iii officer: SVP, General Counsel 345 COURT STREET, CORAOPOLIS PA 15108
Mark J Barrenechea director C/O SILICON GRAPHICS INTERNATIONAL CORP, 46600 LANDING PARKWAY, FREMONT CA 94538
Anne Fink director 345 COURT STREET, CORAOPOLIS PA 15108
Lauren R Hobart officer: SVP & Chief Marketing Officer 345 COURT STREET, CORAOPOLIS PA 15275
Edward W Stack director, 10 percent owner, officer: Chairman & CEO 345 COURT STREET, CORAOPOLIS PA 15108
Sliva Raymond A. Jr. officer: EVP, Stores 345 COURT STREET, CORAOPOLIS PA 15108