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PLNT (Planet Fitness) Cyclically Adjusted PS Ratio : 8.06 (As of Oct. 08, 2024)


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What is Planet Fitness Cyclically Adjusted PS Ratio?

As of today (2024-10-08), Planet Fitness's current share price is $80.56. Planet Fitness's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was $10.00. Planet Fitness's Cyclically Adjusted PS Ratio for today is 8.06.

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

PLNT' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.05   Med: 7.19   Max: 8.43
Current: 8.12

During the past years, Planet Fitness's highest Cyclically Adjusted PS Ratio was 8.43. The lowest was 5.05. And the median was 7.19.

PLNT's Cyclically Adjusted PS Ratio is ranked worse than
91.77% of 620 companies
in the Travel & Leisure industry
Industry Median: 1.47 vs PLNT: 8.12

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.

Planet Fitness's adjusted revenue per share data for the three months ended in Jun. 2024 was $3.461. 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 $10.00 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Planet Fitness Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Planet Fitness'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.

Planet Fitness Cyclically Adjusted PS Ratio Chart

Planet Fitness 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 - - - - 7.61

Planet Fitness Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 5.16 7.61 6.37 7.36

Competitive Comparison of Planet Fitness's Cyclically Adjusted PS Ratio

For the Leisure subindustry, Planet Fitness'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.


Planet Fitness's Cyclically Adjusted PS Ratio Distribution in the Travel & Leisure Industry

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

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



Planet Fitness 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.

Planet Fitness's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=80.56/10
=8.06

* 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.

Planet Fitness's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Planet Fitness's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=3.461/132.5538*132.5538
=3.461

Current CPI (Jun. 2024) = 132.5538.

Planet Fitness Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 1.802 100.428 2.378
201412 2.725 99.070 3.646
201503 2.183 99.621 2.905
201506 2.241 100.684 2.950
201509 1.880 100.392 2.482
201512 2.892 99.792 3.841
201603 2.277 100.470 3.004
201606 2.487 101.688 3.242
201609 1.947 101.861 2.534
201612 2.116 101.863 2.754
201703 1.420 102.862 1.830
201706 1.355 103.349 1.738
201709 1.137 104.136 1.447
201712 1.548 104.011 1.973
201803 1.384 105.290 1.742
201806 1.595 106.317 1.989
201809 1.545 106.507 1.923
201812 2.016 105.998 2.521
201903 1.763 107.251 2.179
201906 2.141 108.070 2.626
201909 1.990 108.329 2.435
201912 2.352 108.420 2.876
202003 1.596 108.902 1.943
202006 0.503 108.767 0.613
202009 1.314 109.815 1.586
202012 1.633 109.897 1.970
202103 1.337 111.754 1.586
202106 1.637 114.631 1.893
202109 1.839 115.734 2.106
202112 2.182 117.630 2.459
202203 2.206 121.301 2.411
202206 2.446 125.017 2.593
202209 2.891 125.227 3.060
202212 3.357 125.222 3.554
202303 2.621 127.348 2.728
202306 3.374 128.729 3.474
202309 3.270 129.860 3.338
202312 3.310 129.419 3.390
202403 2.844 131.776 2.861
202406 3.461 132.554 3.461

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.


Planet Fitness  (NYSE:PLNT) 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.


Planet Fitness Cyclically Adjusted PS Ratio Related Terms

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


Planet Fitness Business Description

Traded in Other Exchanges
Address
4 Liberty Lane West, Hampton, NH, USA, 03842
Planet Fitness Inc is a franchisor and operator of fitness centers in the United States. The company's reportable segments are Franchise, Corporate-owned stores, and Equipment. Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia, Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States and Canada, and The Equipment segment includes the sale of equipment to franchisee-owned stores in the U.S. The firm generates a majority of its revenue from the Corporate-owned stores segment.
Executives
William Bode officer: Chief Operations Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Brian O'donnell officer: VP, Chief Accounting Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Craig R Benson director
Christopher Rondeau director, officer: CEO 4 LIBERTY LANE WEST, C/O PLANET FITNESS INC, HAMPTON NH 03842
Jennifer Simmons officer: Div President, Corp Stores 4 LIBERTY LANE WEST, HAMPTON NH 03842
Edward Hymes officer: President, COO 4 LIBERTY LANE WEST, HAMPTON NH 03842
Shane Mcguiness officer: President, Corporate Clubs 4 LIBERTY LANE WEST, HAMPTON NH 03842
Jeremy Tucker officer: Chief Marketing Officer 4 LIBERTY LANE WEST, HAMPTON NH 03842
Dorvin D Lively officer: CFO
Fitzgerald Thomas J Iii officer: Chief Financial Officer 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
Bernard Acoca director C/O EL POLLO LOCO HOLDINGS, INC., 3535 HARBOR BLVD., SUITE 100, COSTA MESA CA 92626
Christopher Tanco director 2001 COTTONWOOD VALLEY CIRCLE SOUTH, IRVING TX 75038
Craig Jeffrey Miller officer: Chief Digital & Information Of 5008 HARTRIDGE WAY, GREENSBORO NC 27407
Enshalla Anderson director 4 LIBERTY LANE WEST, HAMPTON NH 03842
David P Berg director 7601 PENN AVENUE SOUTH, RICHFIELD MN 55423