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Marriott Vacations Worldwide (Marriott Vacations Worldwide) Cyclically Adjusted PS Ratio : 1.07 (As of Apr. 28, 2024)


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What is Marriott Vacations Worldwide Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Marriott Vacations Worldwide's current share price is $100.87. Marriott Vacations Worldwide's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $93.90. Marriott Vacations Worldwide's Cyclically Adjusted PS Ratio for today is 1.07.

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

VAC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.75   Max: 2.75
Current: 1.07

During the past years, Marriott Vacations Worldwide's highest Cyclically Adjusted PS Ratio was 2.75. The lowest was 0.82. And the median was 1.75.

VAC's Cyclically Adjusted PS Ratio is ranked better than
60.7% of 626 companies
in the Travel & Leisure industry
Industry Median: 1.44 vs VAC: 1.07

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.

Marriott Vacations Worldwide's adjusted revenue per share data for the three months ended in Dec. 2023 was $28.028. 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 $93.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marriott Vacations Worldwide Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Marriott Vacations Worldwide'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.

Marriott Vacations Worldwide Cyclically Adjusted PS Ratio Chart

Marriott Vacations Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.01 2.21 1.57 0.90

Marriott Vacations Worldwide Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.57 1.52 1.35 1.08 0.90

Competitive Comparison of Marriott Vacations Worldwide's Cyclically Adjusted PS Ratio

For the Resorts & Casinos subindustry, Marriott Vacations Worldwide'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.


Marriott Vacations Worldwide's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Marriott Vacations Worldwide 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.

Marriott Vacations Worldwide's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=100.87/93.9
=1.07

* 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.

Marriott Vacations Worldwide's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Marriott Vacations Worldwide's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=28.028/129.4194*129.4194
=28.028

Current CPI (Dec. 2023) = 129.4194.

Marriott Vacations Worldwide Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201303 10.656 98.209 14.042
201308 11.226 98.675 14.724
201312 14.357 98.326 18.897
201403 11.202 99.695 14.542
201406 11.632 100.560 14.970
201412 0.000 99.070 0.000
201503 13.780 99.621 17.902
201506 13.003 100.684 16.714
201512 0.000 99.792 0.000
201603 14.142 100.470 18.217
201606 14.676 101.688 18.678
201612 0.000 101.863 0.000
201703 18.935 102.862 23.824
201706 20.112 103.349 25.185
201709 19.134 104.136 23.780
201712 20.738 104.011 25.804
201803 20.916 105.290 25.709
201806 21.795 106.317 26.531
201809 22.866 106.507 27.785
201812 22.008 105.998 26.871
201903 22.430 107.251 27.066
201906 23.075 108.070 27.634
201909 24.562 108.329 29.344
201912 26.136 108.420 31.198
202003 24.337 108.902 28.922
202006 11.650 108.767 13.862
202009 15.752 109.815 18.564
202012 18.087 109.897 21.300
202103 18.333 111.754 21.231
202106 22.352 114.631 25.236
202109 24.073 115.734 26.920
202112 23.913 117.630 26.310
202203 21.962 121.301 23.432
202206 25.032 125.017 25.914
202209 28.848 125.227 29.814
202212 27.564 125.222 28.488
202303 26.329 127.348 26.757
202306 26.895 128.729 27.039
202309 27.390 129.860 27.297
202312 28.028 129.419 28.028

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.


Marriott Vacations Worldwide  (NYSE:VAC) 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.


Marriott Vacations Worldwide Cyclically Adjusted PS Ratio Related Terms

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


Marriott Vacations Worldwide (Marriott Vacations Worldwide) Business Description

Traded in Other Exchanges
Address
9002 San Marco Court, Orlando, FL, USA, 32819
Marriott Vacations Worldwide Corp functions in the United States leisure industry. It owns and manages a cluster of resorts and accommodation facilities under trademarks like Marriott Vacation Club, Grand Residencies, and The Ritz-Carlton Destination Club predominantly in the United States. Some of its properties are also spread across Europe and Asia Pacific. Marriott's major revenue components include the sale of vacation ownership products such as luxurious vacation packages. In addition, it offers purchase money financing to the end users of its core services. The company operates in two reportable segments: Vacation Ownership and Exchange & Third-Party Management. The majority of revenue is derived from the Vacation Ownership segment.
Executives
Jason P Marino officer: EVP, Chief Financial Officer 9002 SAN MARCO COURT, ORLANDO FL 32819
Anthony E Terry officer: EVP, CFO 9002 SAN MARCO COURT, ORLANDO FL 32819
Geller John E Jr officer: Exec. VP and CFO 6649 WESTWOOD BLVD., ORLANDO FL 32821
Raman Bukkapatnam officer: EVP & CIO 9002 SAN MARCO COURT, ORLANDO FL 32819
Dwight D. Smith officer: Sr. VP & CIO 6649 WESTWOOD BLVD., ORLANDO FL 32821
Stephanie Sobeck Butera officer: EVP & COO of HVO 9002 SAN MARCO CT, ORLANDO FL 32819
Michael E. Yonker officer: Sr. VP & Chief HR Officer 6649 WESTWOOD BLVD., ORLANDO FL 32821
Lizabeth Kane-hanan officer: Exec. VP & Chief Growth & Inv. 6649 WESTWOOD BLVD., ORLANDO FL 32821
Kathleen A. Pighini officer: SVP and CAO 9002 SAN MARCO COURT, ORLANDO FL 32819
Jonice Gray Tucker director 9002 SAN MARCO COURT, ORLANDO FL 32819
R. Lee Cunningham officer: Exec VP & COO-N.Am & Carribean 6649 WESTWOOD BLVD., ORLANDO FL 32821
Melquiades R. Martinez director 450 SOUTH ORANGE AVENUE, SUITE 250, ORLANDO FL 32801-3443
Hunter James H. Iv officer: Exec. VP & General Counsel 6649 WESTWOOD BLVD., ORLANDO FL 32821
Brian E. Miller officer: ExecVP-Sales,Marketing&ServOp 6649 WESTWOOD BLVD., ORLANDO FL 32821
Stephen P Weisz director, officer: President & CEO 6649 WESTWOOD BLVD., ORLANDO FL 32821