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Vail Resorts (Vail Resorts) Cyclically Adjusted PS Ratio : 3.30 (As of Apr. 27, 2024)


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What is Vail Resorts Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Vail Resorts's current share price is $198.33. Vail Resorts's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $60.18. Vail Resorts's Cyclically Adjusted PS Ratio for today is 3.30.

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

MTN' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.15   Med: 4.65   Max: 7.87
Current: 3.3

During the past years, Vail Resorts's highest Cyclically Adjusted PS Ratio was 7.87. The lowest was 2.15. And the median was 4.65.

MTN's Cyclically Adjusted PS Ratio is ranked worse than
77% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs MTN: 3.30

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.

Vail Resorts's adjusted revenue per share data for the three months ended in Jan. 2024 was $28.333. 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 $60.18 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vail Resorts Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Vail 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.

Vail Resorts Cyclically Adjusted PS Ratio Chart

Vail Resorts Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.99 4.42 6.54 4.43 4.02

Vail Resorts 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 4.73 4.16 4.02 3.59 3.69

Competitive Comparison of Vail Resorts's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Vail 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.


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

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

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



Vail 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.

Vail Resorts's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=198.33/60.18
=3.30

* 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.

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

For example, Vail Resorts'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)
=28.333/129.4194*129.4194
=28.333

Current CPI (Jan. 2024) = 129.4194.

Vail Resorts Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 14.656 100.023 18.963
201407 3.647 100.520 4.695
201410 3.538 100.176 4.571
201501 14.190 98.604 18.625
201504 15.469 99.824 20.055
201507 4.318 100.691 5.550
201510 4.786 100.346 6.173
201601 16.088 99.957 20.830
201604 17.373 100.947 22.273
201607 4.827 101.524 6.153
201610 4.840 101.988 6.142
201701 17.642 102.456 22.285
201704 19.296 103.167 24.206
201707 5.265 103.278 6.598
201710 5.492 104.070 6.830
201801 17.661 104.578 21.856
201804 20.327 105.708 24.887
201807 5.261 106.324 6.404
201810 5.432 106.695 6.589
201901 20.658 106.200 25.175
201904 23.354 107.818 28.033
201907 5.947 108.250 7.110
201910 6.637 108.577 7.911
202001 22.585 108.841 26.855
202004 17.035 108.173 20.381
202007 1.899 109.318 2.248
202010 3.274 109.861 3.857
202101 16.777 110.364 19.674
202104 21.740 112.673 24.971
202107 4.994 115.183 5.611
202110 4.341 116.696 4.814
202201 22.208 118.619 24.230
202204 29.621 121.978 31.428
202207 6.561 125.002 6.793
202210 6.935 125.734 7.138
202301 27.247 126.223 27.937
202304 31.258 127.992 31.607
202307 7.225 128.974 7.250
202310 6.783 129.810 6.763
202401 28.333 129.419 28.333

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.


Vail Resorts  (NYSE:MTN) 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.


Vail Resorts Cyclically Adjusted PS Ratio Related Terms

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


Vail Resorts (Vail Resorts) Business Description

Traded in Other Exchanges
Address
390 Interlocken Crescent, Broomfield, CO, USA, 80021
Vail Resorts Inc Bhd is a resorts and casinos company that operates mountain resorts and ski areas. The company has three business segments that include Mountain, Lodging, and Real Estate. The Mountain segment operates numerous ski resort properties that offer a variety of winter and summer activities, such as skiing, snowboarding, snowshoeing, hiking, and mountain biking. The Lodging segment owns and operates hotels and condominiums. The Real Estate segment owns, develops, and leases real estate, typically near its other properties. The company generates the vast majority of its revenue within the United States.
Executives
Hilary Schneider director C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281
William Rock officer: President, Mountain Division C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Angela A Korch officer: EVP & Chief Financial Officer C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Michael Z Barkin officer: EVP & Chief Financial Officer 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
John F Sorte director VAIL RESORTS INC, PO BOX 7, VAIL CO 89658
Robert A Katz director, officer: Chief Exec.Officer & Chairman C/O VAIL RESORTS, INC., 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Ryan Bennett officer: SVP & Chief Marketing Officer 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Nathan Mark Gronberg officer: VP, Controller & CAO 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Peter A Vaughn director 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
James C. O'donnell officer: EVP, Hospitality, Retail & RE 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
David T Shapiro officer: EVP, General Counsel & Sec. 601 HAWAII ST., EL SEGUNDO CA 90245
Kirsten A. Lynch officer: EVP & Chief Marketing Officer 390 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Gregory Jon Sullivan officer: SVP, Retail & Hospitality 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Patricia A Campbell officer: President-Mountain Division 390 INTERLOCKEN CRESCENT, SUITE 1000, BROOMFIELD CO 80021
Ryan H Siurek officer: VP, Controller & CAO 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251