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The a2 Milk Co (The a2 Milk Co) Cyclically Adjusted PS Ratio : 5.31 (As of Jun. 06, 2024)


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What is The a2 Milk Co Cyclically Adjusted PS Ratio?

As of today (2024-06-06), The a2 Milk Co's current share price is $4.775. The a2 Milk Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was $0.90. The a2 Milk Co's Cyclically Adjusted PS Ratio for today is 5.31.

The historical rank and industry rank for The a2 Milk Co's Cyclically Adjusted PS Ratio or its related term are showing as below:

ACOPF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.83   Med: 8.06   Max: 45.74
Current: 5.26

During the past 13 years, The a2 Milk Co's highest Cyclically Adjusted PS Ratio was 45.74. The lowest was 2.83. And the median was 8.06.

ACOPF's Cyclically Adjusted PS Ratio is ranked worse than
91.77% of 1385 companies
in the Consumer Packaged Goods industry
Industry Median: 0.79 vs ACOPF: 5.26

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.

The a2 Milk Co's adjusted revenue per share data of for the fiscal year that ended in Jun23 was $1.325. 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 $0.90 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


The a2 Milk Co Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The a2 Milk Co'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.

The a2 Milk Co Cyclically Adjusted PS Ratio Chart

The a2 Milk Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.15 26.58 6.90 4.00 3.63

The a2 Milk Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 4.00 - 3.63 -

Competitive Comparison of The a2 Milk Co's Cyclically Adjusted PS Ratio

For the Packaged Foods subindustry, The a2 Milk Co'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.


The a2 Milk Co's Cyclically Adjusted PS Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The a2 Milk Co's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where The a2 Milk Co's Cyclically Adjusted PS Ratio falls into.



The a2 Milk Co 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.

The a2 Milk Co's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=4.775/0.9
=5.31

* 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.

The a2 Milk Co's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, The a2 Milk Co's adjusted Revenue per Share data for the fiscal year that ended in Jun23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=1.325/125.8458*125.8458
=1.325

Current CPI (Jun23) = 125.8458.

The a2 Milk Co Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.152 99.646 0.192
201506 0.171 100.063 0.215
201606 0.352 100.480 0.441
201706 0.538 102.231 0.662
201806 0.860 103.764 1.043
201906 1.160 105.502 1.384
202006 1.507 107.035 1.772
202106 1.154 110.614 1.313
202206 1.233 118.690 1.307
202306 1.325 125.846 1.325

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.


The a2 Milk Co  (OTCPK:ACOPF) 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.


The a2 Milk Co Cyclically Adjusted PS Ratio Related Terms

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The a2 Milk Co (The a2 Milk Co) Business Description

Address
51 Shortland Street, P.O. Box 163, Level 10, Auckland, NTL, NZL, 1010
A2 Milk is a New Zealand licensor and marketer of fresh milk, infant formula, and other dairy products that lack the A1 beta-casein protein. The firm was founded in 2000 by Corran McLachlan, who developed a genetic test to determine which proteins a cow produces in its milk, and business partner Howard Paterson. The company has been through a tumultuous history of receivership, legal battles, and strategic shifts, but emerged in its current structure in 2006 and listed publicly in March 2013.

The a2 Milk Co (The a2 Milk Co) Headlines

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