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Sainsbury (J) (LSE:SBRY) Cyclically Adjusted PS Ratio : 0.20 (As of May. 18, 2024)


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What is Sainsbury (J) Cyclically Adjusted PS Ratio?

As of today (2024-05-18), Sainsbury (J)'s current share price is £2.836. Sainsbury (J)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb23 was £14.20. Sainsbury (J)'s Cyclically Adjusted PS Ratio for today is 0.20.

The historical rank and industry rank for Sainsbury (J)'s Cyclically Adjusted PS Ratio or its related term are showing as below:

LSE:SBRY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.13   Med: 0.2   Max: 0.35
Current: 0.2

During the past 13 years, Sainsbury (J)'s highest Cyclically Adjusted PS Ratio was 0.35. The lowest was 0.13. And the median was 0.20.

LSE:SBRY's Cyclically Adjusted PS Ratio is ranked better than
67.11% of 228 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs LSE:SBRY: 0.20

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.

Sainsbury (J)'s adjusted revenue per share data of for the fiscal year that ended in Feb23 was £13.388. 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 £14.20 for the trailing ten years ended in Feb23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sainsbury (J) Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Sainsbury (J)'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.

Sainsbury (J) Cyclically Adjusted PS Ratio Chart

Sainsbury (J) Annual Data
Trend Mar14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.16 0.18 0.21 0.19

Sainsbury (J) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Feb23 Aug23 Feb24
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 - - 0.19 - -

Competitive Comparison of Sainsbury (J)'s Cyclically Adjusted PS Ratio

For the Grocery Stores subindustry, Sainsbury (J)'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.


Sainsbury (J)'s Cyclically Adjusted PS Ratio Distribution in the Retail - Defensive Industry

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

* The bar in red indicates where Sainsbury (J)'s Cyclically Adjusted PS Ratio falls into.



Sainsbury (J) 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.

Sainsbury (J)'s Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.836/14.2
=0.20

* 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.

Sainsbury (J)'s Cyclically Adjusted Revenue per Share for the fiscal year that ended in Feb23 is calculated as:

For example, Sainsbury (J)'s adjusted Revenue per Share data for the fiscal year that ended in Feb23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Feb23 (Change)*Current CPI (Feb23)
=13.388/126.0000*126.0000
=13.388

Current CPI (Feb23) = 126.0000.

Sainsbury (J) Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 12.166 99.300 15.437
201502 11.944 99.500 15.125
201602 11.150 100.100 14.035
201702 11.502 102.400 14.153
201802 11.711 104.900 14.067
201902 11.750 106.800 13.862
202002 11.738 108.600 13.619
202102 12.520 109.400 14.420
202202 12.716 115.400 13.884
202302 13.388 126.000 13.388

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.


Sainsbury (J)  (LSE:SBRY) 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.


Sainsbury (J) Cyclically Adjusted PS Ratio Related Terms

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


Sainsbury (J) (LSE:SBRY) Business Description

Address
33 Holborn, London, GBR, EC1N 2HT
Founded in 1869, Sainsbury's is the second-largest U.K. grocery chain with around 16% market share. It operates around 600 supermarkets and 800 convenience stores, all in the U.K. The company has diversified away from core food by selling clothing, telecom equipment, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores), for GBP 1.10 billion. It has been selling products online since 1997.

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