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Shepherd Neame (AQSE:SHEP) Cyclically Adjusted PS Ratio : 0.61 (As of May. 24, 2024)


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What is Shepherd Neame Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Shepherd Neame's current share price is £6.875. Shepherd Neame's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 was £11.24. Shepherd Neame's Cyclically Adjusted PS Ratio for today is 0.61.

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

AQSE:SHEP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.82   Max: 1.18
Current: 0.61

During the past 13 years, Shepherd Neame's highest Cyclically Adjusted PS Ratio was 1.18. The lowest was 0.53. And the median was 0.82.

AQSE:SHEP's Cyclically Adjusted PS Ratio is ranked better than
60.98% of 246 companies
in the Restaurants industry
Industry Median: 0.795 vs AQSE:SHEP: 0.61

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.

Shepherd Neame's adjusted revenue per share data of for the fiscal year that ended in Jun23 was £11.190. 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 £11.24 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shepherd Neame Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Shepherd Neame'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.

Shepherd Neame Cyclically Adjusted PS Ratio Chart

Shepherd Neame 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 0.96 0.80 1.01 0.77 0.61

Shepherd Neame 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 - 0.77 - 0.61 -

Competitive Comparison of Shepherd Neame's Cyclically Adjusted PS Ratio

For the Restaurants subindustry, Shepherd Neame'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.


Shepherd Neame's Cyclically Adjusted PS Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shepherd Neame's Cyclically Adjusted PS Ratio distribution charts can be found below:

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



Shepherd Neame 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.

Shepherd Neame's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.875/11.24
=0.61

* 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.

Shepherd Neame's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Shepherd Neame'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)
=11.19/129.4000*129.4000
=11.190

Current CPI (Jun23) = 129.4000.

Shepherd Neame Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201406 9.328 99.800 12.095
201506 9.288 100.100 12.007
201606 9.394 101.000 12.035
201706 10.482 103.500 13.105
201806 10.544 105.900 12.884
201906 9.831 107.900 11.790
202006 8.023 108.800 9.542
202106 5.886 111.400 6.837
202206 10.207 120.500 10.961
202306 11.190 129.400 11.190

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.


Shepherd Neame  (AQSE:SHEP) 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.


Shepherd Neame Cyclically Adjusted PS Ratio Related Terms

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


Shepherd Neame (AQSE:SHEP) Business Description

Traded in Other Exchanges
Address
17 Court Street, Faversham, Kent, GBR, ME13 7AX
Shepherd Neame Ltd is engaged in the brewing and packaging of beer, wholesaling and retailing of beer, cider, wines, spirits and minerals, property ownership and public house, and providing hotel management services. Its operating segments include Brewing and Brands, Retail Pubs, and Tenanted Pubs. The company's brands include Master Brew, Whitstable Bay, Queen Court, India Pale Ale, Samuel Adams, Asahi and Bishops Finger. It generates maximum revenue from the Managed Pubs segment. Geographically, it derives a majority of revenue from the United Kingdom.

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