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Signet Jewelers (Signet Jewelers) Cyclically Adjusted PS Ratio : 0.83 (As of Apr. 27, 2024)


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What is Signet Jewelers Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Signet Jewelers's current share price is $101.80. Signet Jewelers's Cyclically Adjusted Revenue per Share for the quarter that ended in Jan. 2024 was $122.88. Signet Jewelers's Cyclically Adjusted PS Ratio for today is 0.83.

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

SIG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.87   Max: 2.96
Current: 0.81

During the past years, Signet Jewelers's highest Cyclically Adjusted PS Ratio was 2.96. The lowest was 0.08. And the median was 0.87.

SIG's Cyclically Adjusted PS Ratio is ranked worse than
63.3% of 752 companies
in the Retail - Cyclical industry
Industry Median: 0.48 vs SIG: 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.

Signet Jewelers's adjusted revenue per share data for the three months ended in Jan. 2024 was $47.036. 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 $122.88 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Signet Jewelers Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Signet Jewelers'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.

Signet Jewelers Cyclically Adjusted PS Ratio Chart

Signet Jewelers 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 0.31 0.47 0.87 0.68 0.81

Signet Jewelers 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 0.68 0.63 0.68 0.58 0.81

Competitive Comparison of Signet Jewelers's Cyclically Adjusted PS Ratio

For the Luxury Goods subindustry, Signet Jewelers'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.


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

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

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



Signet Jewelers 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.

Signet Jewelers's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=101.80/122.88
=0.83

* 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.

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

For example, Signet Jewelers'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)
=47.036/129.4194*129.4194
=47.036

Current CPI (Jan. 2024) = 129.4194.

Signet Jewelers Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201404 13.152 100.023 17.017
201407 15.286 100.520 19.681
201410 14.742 100.176 19.046
201501 28.384 98.604 37.255
201504 19.085 99.824 24.743
201507 17.655 100.691 22.692
201510 15.301 100.346 19.734
201601 30.248 99.957 39.163
201604 20.062 100.947 25.721
201607 17.790 101.524 22.678
201610 16.117 101.988 20.452
201701 29.365 102.456 37.093
201704 20.578 103.167 25.814
201707 19.852 103.278 24.877
201710 19.250 104.070 23.939
201801 26.388 104.578 32.656
201804 24.884 105.708 30.466
201807 25.314 106.324 30.813
201810 23.140 106.695 28.068
201901 41.677 106.200 50.789
201904 27.746 107.818 33.305
201907 26.391 108.250 31.552
201910 22.929 108.577 27.330
202001 41.330 108.841 49.144
202004 16.450 108.173 19.681
202007 17.077 109.318 20.217
202010 24.350 109.861 28.685
202101 41.807 110.364 49.025
202104 27.239 112.673 31.288
202107 28.655 115.183 32.197
202110 24.141 116.696 26.773
202201 43.995 118.619 48.001
202204 37.670 121.978 39.968
202207 31.171 125.002 32.273
202210 32.904 125.734 33.868
202301 33.664 126.223 34.516
202304 30.606 127.992 30.947
202307 29.716 128.974 29.819
202310 30.524 129.810 30.432
202401 47.036 129.419 47.036

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.


Signet Jewelers  (NYSE:SIG) 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.


Signet Jewelers Cyclically Adjusted PS Ratio Related Terms

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


Signet Jewelers (Signet Jewelers) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Signet Jewelers Ltd is a retailer of diamond jewelry. Its merchandise mix includes bridal, fashion, watches and others. The bridal category includes engagement, wedding and anniversary purchases. Its segments are the North America segment, the International segment, and the Other segment. The North America segment contributes to the majority of the revenue.
Executives
Virginia Drosos director, officer: Chief Executive Officer CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Howard A Melnick officer: Chief Information Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Mary Elizabeth Finn officer: Chief People Officer 770 BROADWAY, NEW YORK NY 10003
Stash Ptak officer: * See Remarks 375 GHENT RD, AKRON OH 44333
William Brace officer: See Remarks 375 GHENT RD, AKRON OH 44333
Joan M Hilson officer: Chief Financial Officer 150 THORN HILL DRIVE, WARRENDALE PA 15086-7528
Oded Edelman officer: President of JamesAllen.com CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Stephen E. Lovejoy officer: Chief Supply Chain Officer C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Zackery A Hicks director C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Brian A Tilzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
Rebecca Wooters officer: Chief Digital Officer 375 GHENT RD, AKRON OH 44333
Jamie Singleton officer: See Remarks 9797 ROMBAUER, DALLAS TX 75019
Helen Mccluskey director 2211 REDDING ROAD, FAIRFIELD CT 06430
Eugenia Ulasewicz director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11
H. Todd Stitzer director CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11