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Anheuser-Busch InBev/NV (HAM:1NBA) Cyclically Adjusted PS Ratio : 2.07 (As of May. 21, 2024)


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What is Anheuser-Busch InBev/NV Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Anheuser-Busch InBev/NV's current share price is €61.84. Anheuser-Busch InBev/NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €29.85. Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio for today is 2.07.

The historical rank and industry rank for Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio or its related term are showing as below:

HAM:1NBA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.13   Max: 4.6
Current: 2.04

During the past years, Anheuser-Busch InBev/NV's highest Cyclically Adjusted PS Ratio was 4.60. The lowest was 1.42. And the median was 2.13.

HAM:1NBA's Cyclically Adjusted PS Ratio is ranked worse than
53.57% of 168 companies
in the Beverages - Alcoholic industry
Industry Median: 1.82 vs HAM:1NBA: 2.04

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.

Anheuser-Busch InBev/NV's adjusted revenue per share data for the three months ended in Mar. 2024 was €6.668. 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 €29.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anheuser-Busch InBev/NV Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Anheuser-Busch InBev/NV'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.

Anheuser-Busch InBev/NV Cyclically Adjusted PS Ratio Chart

Anheuser-Busch InBev/NV 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 2.93 2.51 2.07 1.87 2.02

Anheuser-Busch InBev/NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.08 1.78 1.73 2.02 1.87

Competitive Comparison of Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio

For the Beverages - Brewers subindustry, Anheuser-Busch InBev/NV'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.


Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio falls into.



Anheuser-Busch InBev/NV 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.

Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=61.84/29.85
=2.07

* 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.

Anheuser-Busch InBev/NV's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Anheuser-Busch InBev/NV's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.668/130.5518*130.5518
=6.668

Current CPI (Mar. 2024) = 130.5518.

Anheuser-Busch InBev/NV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.499 99.482 7.216
201409 5.816 99.195 7.655
201412 5.954 99.086 7.845
201503 5.874 99.423 7.713
201506 6.020 100.107 7.851
201509 6.184 100.245 8.054
201512 5.717 100.572 7.421
201603 4.285 101.653 5.503
201606 5.861 102.267 7.482
201609 6.032 102.118 7.712
201612 6.922 102.614 8.807
201703 6.133 103.972 7.701
201706 6.407 103.902 8.050
201709 6.262 104.170 7.848
201712 5.614 104.804 6.993
201803 5.380 105.419 6.663
201806 6.061 106.063 7.460
201809 5.605 106.618 6.863
201812 6.196 107.252 7.542
201903 5.529 107.876 6.691
201906 6.078 107.896 7.354
201909 6.034 107.470 7.330
201912 6.031 108.065 7.286
202003 5.082 108.550 6.112
202006 4.638 108.540 5.579
202009 5.449 108.441 6.560
202012 5.245 108.511 6.310
202103 5.155 109.522 6.145
202106 5.605 110.305 6.634
202109 6.048 111.543 7.079
202112 6.251 114.705 7.115
202203 5.973 118.620 6.574
202206 6.955 120.948 7.507
202209 7.576 124.120 7.969
202212 6.879 126.578 7.095
202303 6.588 126.528 6.798
202306 6.923 125.973 7.175
202309 7.239 127.083 7.437
202312 6.583 128.292 6.699
202403 6.668 130.552 6.668

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.


Anheuser-Busch InBev/NV  (HAM:1NBA) 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.


Anheuser-Busch InBev/NV Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Anheuser-Busch InBev/NV's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Anheuser-Busch InBev/NV (HAM:1NBA) Business Description

Address
Brouwerijplein 1, Leuven, BEL, 3000
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and U.S.-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.

Anheuser-Busch InBev/NV (HAM:1NBA) Headlines

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