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Morrison (Wm) Supermarkets (LSE:MRW) Cyclically Adjusted PS Ratio : (As of May. 30, 2024)


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What is Morrison (Wm) Supermarkets Cyclically Adjusted PS Ratio?

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Morrison (Wm) Supermarkets Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Morrison (Wm) Supermarkets'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.

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Morrison (Wm) Supermarkets Cyclically Adjusted PS Ratio Chart

Morrison (Wm) Supermarkets Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Cyclically Adjusted PS Ratio
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Morrison (Wm) Supermarkets Semi-Annual Data
Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21
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Competitive Comparison of Morrison (Wm) Supermarkets's Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, Morrison (Wm) Supermarkets'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.


Morrison (Wm) Supermarkets's Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Morrison (Wm) Supermarkets's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Morrison (Wm) Supermarkets's Cyclically Adjusted PS Ratio falls into.



Morrison (Wm) Supermarkets 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.

Morrison (Wm) Supermarkets's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Jan21 is calculated as:

For example, Morrison (Wm) Supermarkets's adjusted Revenue per Share data for the fiscal year that ended in Jan21 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jan21 (Change)*Current CPI (Jan21)
=7.262/109.3000*109.3000
=7.262

Current CPI (Jan21) = 109.3000.

Morrison (Wm) Supermarkets Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201201 6.663 94.700 7.690
201301 7.435 97.000 8.378
201401 7.598 98.700 8.414
201501 7.209 99.200 7.943
201601 6.885 99.900 7.533
201701 6.929 101.800 7.439
201801 7.229 104.500 7.561
201901 7.359 106.400 7.560
202001 7.280 108.300 7.347
202101 7.262 109.300 7.262

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.


Morrison (Wm) Supermarkets  (LSE:MRW) 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.


Morrison (Wm) Supermarkets Cyclically Adjusted PS Ratio Related Terms

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Morrison (Wm) Supermarkets (LSE:MRW) Business Description

Traded in Other Exchanges
N/A
Address
Gain Lane, Hilmore House, Bradford, West Yorkshire, GBR, BD3 7DL
Founded by William Morrison in 1899, Wm Morrison Supermarkets is the U.K.'s fourth- largest grocery chain, with a market share of around 10%. The 2004 takeover of rival Safeway transformed the firm in terms of scale and gave it a significant presence outside its base in Northern England. The company operates about 500 stores, entirely in the United Kingdom. Morrisons has an online presence via a partnership with Ocado and Amazon and has lately been trying to expand its wholesale channel with new agreements (McColl's).

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